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5 easy steps to starting an online business

by Davies Ngere Ify
July 21, 2018
in General
Reading Time: 3 mins read
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ALSO READ:5 ways to spot an online scam

3. Learn about your competitors

  5 spending tips you need if you are living on one income

Understanding how you make and spend your money is very important to your financial safety

Regardless of your competitors market share, you need to learn about what they are doing and improving on it. It is actually important to do this because some of your customers are with the competitors.

Tools like Google Alerts and  Social Mention can help you monitor the activities of your competitors.

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4. Don’t skimp on the sales and marketing

 

Set some revenue and cash flow goals and also have benchmarks that allow you to measure your business growth and performance.

While you have your eyes on the cash flow and revenue, also choose two or three social media to promote your business.

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