 | - Do not sell a product or service that have not proven to be highly demanded or successful.
- Plan for a content-rich quality web site. If not enought content is available, do not put up a site.
- Must consider all direct and hidden costs of a web site: designing, building, hosting & maintenance. In addtion, software & hardware requirements and consulting expenses must be considered.
- Research, observe and adapt to market shifts in demands. Contant updates on products and services is a must.
- Find the right market and set the targeted audience. Always provide a targetered line of products and services.
- Have a complete online business plan, including promotion, marketing, support, accounting.
- Collect user demographics and implement an effective marketing plan.
- Clearly state disclaimers, terms of use, company mission and privacy statement.
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