5 Essential Elements Of Online Business Success

There are many online business models you can follow but to succeed with an online business and get consistent and scalable results, you will need the following 5 essential elements, which we will cover more deeply in the upcoming steps.

What Are These Five Elements?

1. Traffic: This is the constant flow of prospects that are interested in what you have to offer. Without traffic you can’t have sales. With no sales, you can’t have profits.
2. Funnel: A funnel is systematize process that allows you to capture your traffic and turn them into leads and buyers.
3. Filter: Filters allow you to show your prospects custom products and services that are specific to their needs.
4. Follow-up: Well thought out follow-up processes allow you to stay in touch with your leads and buyers, get feedback and comments so you can offer them better solutions.
5. Tiered product mix: This is a selection of products, services and solutions at various price points that address your buyer’s needs.