What's the best way to build your own online business quick?
When thinking of this question, it's best in thinking in terms of marketing other peoples products online rather than at first trying to come up with your own products straight away, although you will have to think about starting your own product or service soon as this will help your business growth, but for the time being stick to learning and growing ideas on how to profit from other peoples products for now.
There's alot of information out there for the online business beginner to handle, so just pick one or two top marketers and just go with what they teach as you'll only confuse yourself with lots of different versions of supposed truth about online internet marketing, and plus you'll save mony on learning products and services too.
One of the best foundations of building an online business is to partner or JV (Joint Venture) with some other online business entity, company or sole trader through which you can share mutual benefits of traffic generation and sales of each others products, this makes both sides very comfortable in achieving their goals online as both sides win on many levels.
Affiliate marketing relies on quality information being available for anyone to access online or through someones list or blog and this is constantly drip fed to potential visitors and new visitors alike, eventually turning these visitors into repeat visitors much like a real high street store, the more you give the more they come back!
While this is true on many levels you have to always keep track of the supply and demand statistics of your regular research, you have to constantly be ahead of your game and be aware of seasonal trends and whether they will affect your current business model, keyword resaerch is vital as you will always want to keep track of what people are searching for on the internet and what people are buying.
You can survey your customers to see what they would like to see on your site or any products they would potentially buy, this form of customer feedback is what the main companies and retailers do to obtain valuable consumer insight into what the public buyers want, this type of information is invaluable to the market research crowd who collect all this data on behalf of certain corporations.