Introduction
First Step
Second Step
Thrird Step
Fourth Step
Fifth Step
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Five Steps to Your Internet Presentation
Feasibility study or profit analysis
The first thing to do when implementing any idea is to estimate the potential income and expenses. So, a very good idea would be to try to figure out what is the profit potential for your future web site. Expenses On one side of the equation you will have the expenses. In the beginning your biggest expense will be the design and development cost as well as domain registration and hosting services. As you launch your site the expenses will probably lessen, although you will acquire marketing expenses. By then, you will be on the way to generate the first income, which is the next thing to be estimated. Income If your plans are to implement an e-commerce solution, that is to sell products or services via your web site, then you can estimate the potential income by using simple statistical formulas. For example, if you know that out of a 100 visitors that are typical for your industry, only 10 of them make an attempt to buy, and only one makes the actual purchasing transaction, than it's easy to estimate what your revenues would be (if you have say 10,000 visitors). If you are not implementing an e-commerce solution it will be more difficult to estimate income because your business is operating in a traditional way and not over the web. Your estimate will have to be based on the assumption that your web site will contribute in marketing your business and helping your customers use your products or services. The Internet is certainly a very powerful medium and has a huge impact on our lives. It has become an imperative and an important factor to advance and succeed in business and otherwise. Profit To make a profit in the market today, all you have to do is to be at the right place and at the right time. Use your vision and explore your business ideas adding another dimension by establishing the Internet presence.
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