Starting your own online business, launching your own site, these are things that you could definitely do on your own. The problem is that it takes time, work, and research; especially when you’re starting from scratch and designing something on your own. This is extra stressful when you want to build something that’s already been done like web analytics. Yes, it’s been done, but it’s still lucrative and you could put your own spin to it. It’s initially simple: you analyze visitor behavior in a certain site; an incredibly helpful feature that every business could benefit from. Knowing that it’s already been done can be frustrating when you’re having trouble getting yours done. The time pressure to launch something before somebody else doesn’t help neither.
Get rid of the stress of trying to figure out how to make things work by buying codes and plugins. There are marketplaces with a huge library of plugins that serve any purpose. Instead of creating something from scratch, you could buy somebody’s software skeleton and bump up your timeline. So stop stressing yourself out and get the help you need to get things done and get things done fast.
What You Need
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Buyer account in marketplace
Setup Steps
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Create an Envato account at https://codecanyon.net/signup > Log in.
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On the homepage, go to PHP Scripts > Ratings and Charts > Click analytics at the left panel > Find the Analytics software most appropriate for your business > Click Buy Now.
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Provide domain registration on your site with a platform like GoDaddy > Click the Domain Registrar tab on the Settings menu > Choose the correct registrar type, price for your customers, and reseller account information.
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Identify your objectives as a business.
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Write down your goals. Be specific.
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Determine your Key Performance Indicators (KPI).
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Figure out what you’re looking for: code, plugin, script, HTML, etc.
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Find an online marketplace. CodeCanyon is one go-to for many people.
Marketing Setup
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Get someone to help you customize your website design.
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Have a plan of attack.
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Get a listing for your business in search engine local directories.
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Create accounts and profiles for your business on social media.
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Build your email list and create nurturing email campaigns.
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Pay for membership to professional business groups and gain connections.
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Start a blog and write articles for your site.
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Put up videos about your service on YouTube and share it on your sites.
Timeframe
Time to do: 1 day
Time to see results: 2 months
Additional Tips
Make sure you target a trending problem for many people.
Provide basic support.
Place demos on your site.
Connect to your personal site and social networks.
CodeCanyon and selling code will take a lot of time.
Consider selling your code on your site as well.
Join CodeCanyon’s affiliate program.
Consider joining another affiliate program.
Participate in the community and in forums that are relevant to your niche.
Potential Results
People make around $22,000 in annual revenue by selling on CodeCanyon. You could earn $1,000-$2,000 a month with a successful product and proper marketing and support. Getting there will take a while, though. Most authors start off earning up to $500 a month the first few months.
Michael is an entrepreneur with over 25 years of online business experience. He’s been a pioneer in domain acquisition and development, notably transforming I-Newswire.com into Newswire.com, which led to significant revenue growth. Currently leading OnlineBusiness.com, Michael is focused on educating fellow Founders on the transformative power of the right domain name for their business.