Author - Afaq Khan

What are the critical factors and blind spots involved in starting and running an Amazon FBA business?

CRITICAL FACTORS AND BLIND SPOTS INVOLVED IN STARTING AND RUNNING A PHYSICAL PRODUCT AMAZON FBA BUSINESS

In this article, I will discuss the critical areas that you need to factor into your Amazon FBA research before starting or while running an Amazon FBA business. I have run Amazon FBA business at a large scale and have learnt these to be true by doing it. You will find that I am very critical of Amazon FBA, however this is just to ensure that you understand what it takes to selling physical products BEFORE you get into it. […]

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online business tasks and routine

HOW TO ORGANIZE YOUR TIME AS AN INTERNET ENTREPRENEUR

In this article, I will go over the most crucial areas regarding online businesses and how you as an internet entrepreneur can organize your time for strong results. Time is the single most important commodity, regardless if you are a billionaire or feed on the street. If you do what others won’t, then tomorrow you can accomplish what others can’t. As someone said, we’re all self-made, but only the successful ones will admit.
I have a simple rule that I […]

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THE IMPENDING DEMISE OF BIG CONSUMER BRANDS AND RISE OF DIRECT-TO-CONSUMER ONLINE RETAIL

THE IMPENDING DEMISE OF BIG CONSUMER BRANDS AND RISE OF DIRECT-TO-CONSUMER ONLINE RETAIL

In this article, I will go over the reasons why big consumer brands are struggling today and how is this the best time to kick off your next private label brand.
If you look around, big brands such as P&G, General Mills, Kellogg’s, Unilever, Kraft, Coca Cola and PepsiCo are all either in low single digit positive or negative revenue growth. Big consumer brands are in trouble for many reasons however if I were to put my finger on a […]

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How do I optimize traffic and conversion for my online business

What Role Traffic and Conversion Optimization Play in an Online Business?

In this article, I will go over what and why of traffic and conversion optimization.
In an online business, traffic is your lifeblood. Unless you are a big brand like Apple or Proctor and Gamble, chances are that people find your internet whereabouts using Google or another search engine of their choice. This is known as Organic traffic.
About 53% of online shoppers start their product searches on Amazon, according to Internet Retailer survey of 515 U.S. adult online shoppers. 72% […]

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Why traffic conversion is such a big deal? How do I ensure higher conversion rate

Why traffic conversion is such a big deal? How do I ensure higher conversion rate?

With online businesses, two things matter more than everything else combined – Traffic and Conversion. To put into context, you can consider them to be Demand and Capture. Let me explain. When you’re crafting a new piece of content, or sending another email or posting on an online forum, your primary goal is to generate demand. Once those prospects land on your landing page (or website), you want to capture that demand by converting them to customers. Let me […]

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Building Traffic and the Practical Ways to Ensure Long-term Success

Today, we live in a world where owning demand matters a lot more than owning supply. Don’t believe me? Check out why Amazon or Uber are hyper successful than their supply owning counterparts, i.e. Walmart and Yellow Cab. As an internet entrepreneur, the single most important work that you can do is to create and capture demand. Demand creation or generation is directly related to building traffic by creating and promoting awesome content (and products). Let me share with […]

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WHAT ONLINE BUSINESS ENTREPRENEUR AND OWNERS CAN LEARN FROM STARTUP FOUNDERS

WHAT ONLINE BUSINESS ENTREPRENEURS AND OWNERS CAN LEARN FROM STARTUP FOUNDERS

I have been part of tech startups twice during my corporate career. While those two startups were worlds apart in terms of the actual products, target markets and eventual exits, nonetheless I worked as the product guy and lessons learned during those gigs were pretty similar. As I stepped into online business several years ago, I realized that while there are some stark differences between an online business (or a small business) and a startup, there are also just […]

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4 key competitive advantage and assets in an online business

BUILDING COMPETITIVE ADVANTAGE IN A CROWDED ONLINE WORLD

How do I build competitive advantage and barriers to entry in a crowded online world?
As we have discussed in PLM Online Business Framework, that there really are four key assets in an online business, i.e. your brand, your product, volume of organic traffic coming in from a diversified set of channels and your ability to create and market awesome content. No amount of branding and product based differentiation are worth anything without traffic and SEO savvy content marketing is […]

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why online business

7 REASONS FOR PURSUING AN ONLINE BUSINESS

What are the top reasons I should pursue an online business?
First of all, you need to figure out why you want to start a business, online or offline. Why is that important? It is crucial because starting a business is full of unknowns and that requires strong commitment and perseverance. Figuring out your WHY upfront would help you overcome the inherent trials and tribulations and help you think long-term as opposed to get-rich-quick attitude. At the end of the […]

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online business FAQs

Frequently Asked Questions About Internet or Online Businesses – Part 2

I thought it would be helpful if I take some of the top questions that have been asked about the internet or online business and share my take on each of those. In my answers, you will find both strategic or big picture as well as short-term and tactical information that you can put to use immediately. So here we go folks.

#1. How to start internet business with no money?
Before we get into details, let me tell you that […]

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