Starting an Online Business For Dummies®, 7th Edition

Visit www.dummies.com/cheatsheet/startinganonlinebusiness to view this book's cheat sheet.

Table of Contents

Introduction

You Can Do It!

Jump In, the Water’s Fine

Where This Book Is Coming From

How to Use This Book

What This Book Assumes about You

What’s Where in This Book

Part I: Launching Your Online Business

Part II: Creating a Business Website

Part III: Social Networking and Marketing

Part IV: Expanding Beyond Your Website

Part V: Keeping Your Business Legal and Fiscally Responsible

Part VI: The Part of Tens

Conventions Used in This Book

Icons Used in This Book

Beyond the Book

We’re In It Together

Part I: Launching Your Online Business

Chapter 1: New Tools and Strategies for Your Online Business

E-Commerce Is Goin’ Mobile

Designing for the small screen

Facilitating purchases and searches

Businesses Processes Are Becoming Social

Choosing merchandise with customers’ help

Bringing end-users into the development process

Venture Capital Is Social, Too

Triangulating for Business Success

Creating a home page that’s a “home base”

Connecting with customers via social marketing

Facebooking your business

Tweeting for fun and profit

Blogging to build your business

Sharing your work with Flickr

Diversifying sales with multiple storefronts

Partnering with a service provider

Chapter 2: Opening Your Online Business

Step 1: Identify a Need

Getting to know the marketplace

“Cee-ing” what’s out there

Figuring out how to do it better

Step 2: Determine What You Have to Offer

Step 3: Come Up with a Cyberbusiness Plan

Step 4: Assemble Your Hardware and Software

Finding a host for your website

Assembling the equipment you need

Choosing business software

Step 5: Find People to Help You

Hiring technical experts

Gathering your team members

Step 6: Construct a Website

Making your site content-rich

Establishing a graphic identity

Step 7: Set Up a System for Processing Sales

Providing a means for secure transactions

Becoming a credit card merchant

Keeping your books straight

Step 8: Provide Personal Service

Selling by sharing your expertise

Making your site a go-to resource

Becoming a super e-mailer

Step 9: Alert the Media and Everyone Else

Listing your site with Internet search services

Reaching the entire Internet

Step 10: Review, Revise, and Improve

Taking stock

Updating your data

Chapter 3: Choosing and Equipping Your New E-Business

Mapping Out Your Online Business

Looking around

Making your mark

Evaluating commercial websites

Taste-Testing Flavors of Online Businesses

Selling consumer products

Offering your professional services

Selling your expertise

Finding opportunities with technology or computer resources

Being a starving artist without the starving

Easyware (Not Hardware) for Your Business

The right computer for your online business

Storage space

Image capture devices

Getting Online: Connection Options

Cable modem

DSL

Smartphone

Software Solutions for Online Business

Web page editor

Taking e-mail a step higher

Image editors

Internet phone software

Back-up software

Chapter 4: Selecting Your E-Commerce Host and Design Tools

Getting the Most from Your Storefront Host

Web hosts come in many flavors

Domain-name registration

Marketing utilities

Catalog creators

Database connectivity

Finding a Web Server to Call Home

Using a marketplace to build your webstore

Moving into an online mall

Turning to your ISP for web hosting

Going for the works with a web hosting service

Fun with Tools: Choosing a Web Page Editor

For the novice: Use your existing programs

For intermediate needs: User-friendly web editors

For advanced commerce sites: Programs that do it all

Part II: Creating a Business Website

Chapter 5: Organizing Your Business Presence and Attracting Customers

Feng Shui-ing Your Website

Creating Content That Attracts Customers

Following the KISS principle: Keep it simple, sir (or sister)

Striking the right tone with your text

Making your site easy to navigate

Pointing the way with headings

Becoming an expert list maker

Leading your readers on with links

Enhancing your text with vwell-placed images

Making your site searchable

Nip and Tuck: Establishing a Visual Identity

Choosing wallpaper that won’t make you a wallflower

Using web typefaces like a pro

Using clip art is free and fun

A picture is worth a thousand words

Creating a logo

Inviting Comments from Customers

Getting positive e-mail feedback

Web page forms that aren’t offputting

Blogs that promote discussion

Chit-chat that counts

Moving from Website to Web Presence

Extreme Web Pages: Advanced Layouts

Setting the tables for your customers

Breaking the grid with layers

Achieving consistency with Cascading Style Sheets

Chapter 6: Making Shopping Easy on Your E-Commerce Site

Giving Online Shoppers What They Need

Showing what you’ve got

Earning trust to gain a sale

Pointing the way with links and graphics

Giving the essentials

Managing Goods and Services

Handling returns

Adding shipping rates

Maintaining inventory

Keeping Your Website in Top Shape

Using software to keep score

Coping when your service goes out to lunch

Outsourcing your business needs

Keeping Your Business Safe

Separating the personal and the professional

Heading off disasters

Installing firewalls and other safeguards

Providing security with public keys

Chapter 7: Accepting Payments

Sealing the Deal: The Options

Enabling Credit Card Purchases

New payment systems provide more options

Setting up a merchant account

Finding a secure server

Verifying credit card data

Processing the orders

Choosing an Online Payment System

Shopping cart software

PayPal payments

PayPal’s personal payment services

Google Checkout

Micropayments

Other payment options

Fulfilling Your Online Orders

Providing links to shipping services

Presenting shipping options clearly

Joining the International Trade Brigade

Keeping up with international trade issues

Researching specific trade laws

Exploring free trade zones

Shipping Overseas Goods

Getting Paid in International Trade

Chapter 8: Communicating with Customers and Building Loyalty

Keeping Your Customers in the Loop

Providing FAQs

Writing an online newsletter

Mixing bricks and clicks

Creating an RSS feed

Helping Customers Reach You

Going upscale with your e-mail

Creating forms that aren’t formidable

Making Customers Feel They Belong

Putting the “person” into personal service

Overcoming business barriers

Enhancing your site with a discussion area

Moving to customer service 2.0

Chapter 9: Sourcing Worldwide for Your Business

Knowing What Sells Well Online

Finding Products Yourself

Cleaning out your closets

Outsourcing your sourcing

Garage sales and flea markets

Secondhand stores

Working with Wholesale Suppliers

Finding wholesalers

Approaching wholesalers

Turning to the Far East: Alibaba, brokers, and more

Working the Trade Shows

Part III: Social Networking and Marketing

Chapter 10: Advertising and Publicity: The Basics

Coming Up with a Marketing Strategy

Choosing a brand that speaks for you

Being selective about your audience

Publicizing Your Online Business Free

A newsletter for next to nothing

Participating in mailing lists and newsgroups

A contest in which everyone’s a winner

Waving a banner ad

Using Guerrilla Marketing Strategies

Pop-up (and under, and over) ads

Adding life to your ads

Minding Your Ps and Qs (Puns and Quips)

Speaking their language

Using the right salutations

Making your site multilingual

Using the right terms

Chapter 11: Search Engine Optimization

Understanding How Search Engines Find You

Keywords are key

Links help searchers connect to you

Don’t forget the human touch

Taking the initiative: Paying for ads

Knowing who supplies the search results

Going Gaga over Google

Googling yourself

Playing Google’s game to reach #1

Getting started with Google AdWords

Leaving a Trail of Crumbs

Adding keywords to your HTML

. . . and don’t forget about Bing

Registering your site with Google

Getting listed on Yahoo!

Getting listed with other search services

Adding keywords to key pages

Making your pages easy to index

Maximizing links

Monitoring Traffic: The Science of Web Analytics

Software to improve SEO

Do-it-yourself options

Chapter 12: Location, Location, Location Marketing

Listing Yourself in All the Right Places

Inviting Yelpers

Claiming your page on Google Places for Business

Yahoo! You’re on Yahoo! Local

Reaching locals with Bing’s help

Reaching your neighbors on Patch

Marketing Yourself with Check-Ins and Offers

Tracking nearby shoppers with Foursquare

Checking in with customers at Facebook Places

Offering “punch-card” check-ins with Bing

Connecting with Locals with Interactive Content

Keep your customers coming back

Make your offers well known

Make your offers tiered

Chapter 13: Social Marketing: Facebook, Pinterest, Twitter, and Blogs

Developing a Business Presence on Facebook

Attracting “likers” to your Facebook page

Getting your customers excited

Creating a Facebook “kiosk”

Sharing Your Images with Pinterest

Building a Fan Base with Twitter

Setting up a Twitter presence

Using Your Blog for Profit . . . and Fun

Choosing a host with the most for your posts

Adding ads to your blog

Asking for donations

Achieving other business benefits

Part IV: Expanding Beyond Your Website

Chapter 14: Selling on Amazon.com and eBay

Becoming an Amazon.com Seller

Becoming an Amazon.com Associate

Joining the marketplace

Taking out a Professional Subscription

Pricing your merchandise

Running a Webstore

Shipping with Fulfillment By Amazon

Playing Amazon’s game to win

Understanding eBay Auctions

Building a Good Reputation

Getting good feedback

Developing a schedule

Creating an About Me page

Creating Sales Descriptions That Sell

Focusing on the details

Including clear images

Being flexible with payment options

Providing Good Customer Service

Setting terms of sale

Packing and shipping safely

Moving from Auctioneer to eBay Businessperson

Opening an eBay Store

Striving for PowerSeller status

Chapter 15: Moving to Specialty Marketplaces

Researching the Right Sales Venues

How much does it cost?

How many customers does it attract?

Scanning EcommerceBytes’ Seller Survey

Branching Out to Other Marketplaces

Selling the smart way: Craigslist

Making your own product line: Etsy.com

Going beyond listing fees: OnlineAuction.com

Avoiding hosting fees: eCRATER

Reversing the sales process: iOffer

Evaluating your items: WorthPoint/GoAntiques

Chatting it up: Bonanza

Hosting your store for free: Highwire

Finding the features you need: ArtFire

Joining Robin Hood: Webstore.com

Taking a personal approach: Wensy.com

Selling your creative work: CafePress

Connecting All Your Outlets

Chapter 16: Managing and Growing Your Online Business

Choosing Channel Management Software

Spreading the Word with Google

Getting yourself listed in the Google Directory

Optimizing your site for better search results

Adding Google Apps to Your Business

Becoming master of a domain

Verifying ownership

Creating user accounts

Part V: Keeping Your Business Legal and Fiscally Responsible

Chapter 17: Keeping It All Legal

Understanding Trade Names and Trademarks

Determining whether a trademark is up for grabs

Protecting your trade name

Making sure your domain name stays yours

Counting on copyright

Making copyright work for you

Licensing and Other Restrictions

Heeding local regulations

Knowing what restrictions may affect your trade

Avoiding Conflicts with Your Customers

Deciding on a Legal Form for Your Business

Sole proprietorship

Partnership

Advantages of a statutory business entity

Chapter 18: Online Business Accounting Tools

ABCs: Accounting Basics for Commerce

Choosing an accounting method

Knowing what records to keep

Understanding the Ps and Qs of P&Ls

Accounting Software for Your Business

Easy-to-use, full-featured software: OWL Simple Business Accounting

Keeping it simple: QuickBooks Simple Start

Accounting from anywhere: There’s an app for that

The Taxman Cometh: Concerns for Small Business

Should you charge sales tax?

Federal and state taxes

Deducing your business deductions

Part VI: The Part of Tens

Chapter 19: Ten Ways to Reach Mobile Shoppers

Make Your Online Store Mobile-Friendly

Keep Your Presentation Ultra-Simple

Enable Mobile Device Payments

Create an App

Offer a Coupon Deal They Can’t Refuse

Consider a Mobile-Only Shopping Cart Provider

Go Beyond “Mobile” to Include “Social”

Keep Your Mobile Site Cross-Platform

Focus on Shoppers Who Are Likely Buyers

Contact Customers in Your Area with a Geofence

Chapter 20: Ten Ways to Develop a Platform

Following Wilco’s Example

Creating a Logo

Listing on EveryPlaceISell

Being a Social Marketing Maven

Developing an E-Mail Campaign

Posting on Your Blog

Giving Something Back to Your Supporters

Popping Up on Other People’s Websites

Publishing Your Own Newsletter

Keeping Your Content Fresh and Up to Date

About the Author

Cheat Sheet