So you’ve heard you can make unbelievable profits through an Internet business, but you think Internet marketing cost too much, and you’re not sure how to get started. If you are ready to begin your journey to entrepreneurship online, there are things you must have in place. There are steps that you must take to be successful and profitable.

In order to set up shop, you must go through certain steps. These steps are provided within this article and you can use it as a checklist. When setting up shop online the first step you must take is:

Step 1) Buy a domain — this is what you need to do first. A site such as GoDaddy.com is a well-known, reputable site through which you can buy your domain name. Think about the type of business you’ll likely be creating. Will it be important to your business to have national or international attention? If so, you might want to choose a domain name that contains search engine optimized words. You may be creating website to help service a local business that people will search for by name. In that case, your domain name might not need to contain keywords. Make sure the domain name you choose is relevant to what services or products you offer, also make them easy to remember.

Step 2) Buy Hosting — after you’ve chosen your domain name, you’ll need to register, or buy it. You’ll need to choose a host for your website. The web host will be responsible for ensuring that the website functions correctly and optimally. Many Internet based businesses use hosts such as HostGator.com to take care of their web needs. Go to the site and purchase a reseller web hosting account. This account will allow you to be your very own web hosting company. You can buy customized accounts giving you the freedom to create as many web sites as you desire. This way you can create websites for your products or services, and start making a profit.

Step 3) Research a Niche—you will need to find out if there is a market for the products or services you are selling. You want to know if there will be buyers for your products and what products or accessories you might need to accompany them.

Step 4) Learn how to send traffic to your squeeze page —Build a great squeeze page that has no hyperlinks leading to any other sites, including your own. It should contain testimonies and helpful tips to help the buyer make the final decision to buy your product. If you’re not sure how to go about it, check out “Colin Google McDougall”. The tips that he has to offer are second to none.

Step 5) Learn how to build a list—there are several ways to build a quality list of emails, but the easiest way is to offer a newsletter. You can also write and offer a free eBook, asking for emails so that it can be delivered.

Step 6) Monetize your website—Offer your customers the ease of buying your product online with site shopping carts. It is a great idea to make sure that you explain that their information is kept under the highest in security payment options.

Step 7) Membership sites and residual incomes—you can offer your product on sites, where people need to become members of, in order to gain access to it. This will create a residual income for you as well as the money from the sales you generate.

Step How to develop a digital product—creating an eBook is a great way to develop a digital product. You can offer it to those within your mailing list and deliver it once the payment is received.

Step 9) Pre-launch buzz—Create a pre launch page and begin to taunt the market interest for your product. The pre launch phase can actually have your purchasers ready and waiting to make that sale, when you finally open for business. You can create this pre-launch buzz by using press releases to introduce your product or service.

Step 10) Launch day—your opening day has finally arrived and there are those in the market waiting for your online store to be revealed. They are waiting to be the first in line and ready for their copy of what your shop is offering. This is the big day for your business.

Step 11) Rinse and repeat create an empire—you can’t just have one, why not repeat your success. You have the golden touch. You are on your way to creating your legacy and your empiric legend.