How to Start a Business - Keywords and their costs to Newbies

A question I hear many Newbies ask is: How to start a business? Seems simple enough until you consider all the hidden costs of doing business on the Internet. Of course, there are the obvious costs of hosting, auto-responders, and so on. Yet and still, there is an even greater cost that can only be paid in one currency: Your Time.

Many Newbies that want to start a business only look at the costs of website design and hosting. However, getting the website built and hosting it is only the most basic part of how to start a business. Newbies don't understand that "Build it and they'll come" doesn't work on the Internet.

The brick-and-mortar analogy of finding a location for your business and then stocking the things you're going to sell, doesn't work for the Web. It won't work because nobody will know you're there. The only way you can attract visitors to your business is with the universal web language: The Written Word.

I must confess, as many former home spun 'n green Newbies will tell you, I had not considered the true costs of ownership as I pondered how to start a business. The real cost of ownership of any Web business is in acquiring dominance for many of the words and phrases that accurately describe your business to the Search Engines.

The particular words and phrases are called keywords or keyword phrases. To get an idea, think of the briefest and most succinct way you could describe your business, using no more than 2 to 5 words. Think of the way an average Net surfer would search for your business. What would be the simplest, yet most effective, search terminology?

As you grapple with the idea of how to start a business, consider these things all Newbies should be aware of:

a) When choosing the words for your website URL, pick words that are high in descriptive value but with medium to low total competition. As an example, you don't want to choose a set of URL keywords that will have very high competition, such as "website design." Use the Overture tool to check out the popularity of your chosen keywords.

b) Once you've made-up your mind about your website URL keywords, look for related words or phrases that have the same meaning. Realize that Search Engines are very specific about search terms. As an example, the term "Newbie" doesn't have the same SE meaning as "Newbies." Seems odd but those are the facts.

c) As soon as you arrive at your URL keywords and you do a search for all related keywords and phrases, you'll get an idea of the "real costs" this article expounds. Once you add up all the main keywords and phrases, the related phrases, their singular AND plural usage; the mountain of expense associated with "how to start a business," will grow astronomically. You could have a total of a few hundred to a few thousand keywords/phrases.

d) Let us say the cost of owning one particular keyword phrase is a well written web page focused on your keyword phrase. That means that to "own" a couple of hundred phrases, you would have to write at least 200 web pages dealing with each keyword/phrase in a very focused way. What about your competition? What if they have written 1,000 web pages using the same keyword phrases? Your cost of ownership will escalate that much more.

Since the cost of any particular keyword phrase is dictated by your competition, you should include it in your initial assessment to start a business. The time component and the expenditure of effort to own a piece of the Web are very real. All Newbies that are wondering how to start a business should read this article in the most sober way. I hope it helps them consider the real costs.

by Francisco Aloy

(C)2005 Francisco Aloy

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Note: This is not a general release article. You may link to it. You may not copy or distribute it in any form.


 

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