CRESTHUB
CRESTHUB MAGAZINE
  • NEWS
    Anchor Secures $2.4 Million Pre-Seed to Expand Product Services

    Anchor Secures $2.4 Million Pre-Seed to Expand Product Services

    Charting a New Era: David Daser鈥檚 Induction to Nigerian Protection Act

    Charting a New Era: David Daser鈥檚 Induction to Nigerian Protection Act

    iRevolution: What’s New and Exciting in Apple’s Latest Models

    iRevolution: What’s New and Exciting in Apple’s Latest Models

    Elon Musk Rebrands Twitter to @X

    Elon Musk Rebrands Twitter to @X

    Clafiya- Nigerian Health Technology Startup secures $610,000 Venture Capital

    Clafiya- Nigerian Health Technology Startup secures $610,000 Venture Capital

    Top 4 Lucrative Tech Skills in  2023

    Top 4 Lucrative Tech Skills in 2023

  • FEATURED
    Resurgence of Innovation: The Revamp of Tech Startups in Jos, Plateau State.

    Resurgence of Innovation: The Revamp of Tech Startups in Jos, Plateau State.

    Nigeria’s Cash Swap Policy: Goals versus Results

    Nigeria’s Cash Swap Policy: Goals versus Results

    Six Things that could Shape the Northern Nigerian Tech Ecosystem in 2023

    Six Things that could Shape the Northern Nigerian Tech Ecosystem in 2023

    5 Exciting Things That Happened in the Nigerian Tech Ecosystem

    5 Exciting Things That Happened in the Nigerian Tech Ecosystem

    SmallSmall to Expand to Jos following a $3 Million Seed Raise

    SmallSmall to Expand to Jos following a $3 Million Seed Raise

    The Increase in Data Prices is a Big Challenge for Remote Workers in Nigeria

  • BLOCKCHAIN
    Binance now accepts Naira Deposits and Withdrawals

    Binance now accepts Naira Deposits and Withdrawals

    Cardano Accelerator Adaverse Invests in Afriguild鈥檚 Mission to Onboard Africans Into Web3

    Cardano Accelerator Adaverse Invests in Afriguild鈥檚 Mission to Onboard Africans Into Web3

    Is Africa Ready to Operate a Digital Monetary Policy?

    Is Africa Ready to Operate a Digital Monetary Policy?

    What Binance and TikTok Star, Khaby Lame鈥檚 Partnership mean for Crypto and Web3 Adoption

    What Binance and TikTok Star, Khaby Lame鈥檚 Partnership mean for Crypto and Web3 Adoption

    PLA2SMART Set to Lead a New Frontier in Nigeria’s Tourism Economy

    Bundle Launches Web App to Give Users More Accessibility to Crypto

    Bundle Launches Web App to Give Users More Accessibility to Crypto

  • FINANCE
    CBN prohibits Foreign Banks from Offering Banking Services

    CBN prohibits Foreign Banks from Offering Banking Services

    Flutterwave adds Google Pay to its Payment Options for African Businesses

    Flutterwave adds Google Pay to its Payment Options for African Businesses

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    Flutterwave gets Switching and Processing licence from CBN

    Flutterwave gets Switching and Processing licence from CBN

    Google Expands its Digital Wallet to South Africa

    Google Expands its Digital Wallet to South Africa

    FCCPC Orders Drawdown of Online Credit Companies

    FCCPC Orders Drawdown of Online Credit Companies

  • START UPS
    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Sky.Garden survives Shutdown, gets New Owners

    Sky.Garden survives Shutdown, gets New Owners

  • PODCAST
CRESTHUB
  • NEWS
    Anchor Secures $2.4 Million Pre-Seed to Expand Product Services

    Anchor Secures $2.4 Million Pre-Seed to Expand Product Services

    Charting a New Era: David Daser鈥檚 Induction to Nigerian Protection Act

    Charting a New Era: David Daser鈥檚 Induction to Nigerian Protection Act

    iRevolution: What’s New and Exciting in Apple’s Latest Models

    iRevolution: What’s New and Exciting in Apple’s Latest Models

    Elon Musk Rebrands Twitter to @X

    Elon Musk Rebrands Twitter to @X

    Clafiya- Nigerian Health Technology Startup secures $610,000 Venture Capital

    Clafiya- Nigerian Health Technology Startup secures $610,000 Venture Capital

    Top 4 Lucrative Tech Skills in  2023

    Top 4 Lucrative Tech Skills in 2023

  • FEATURED
    Resurgence of Innovation: The Revamp of Tech Startups in Jos, Plateau State.

    Resurgence of Innovation: The Revamp of Tech Startups in Jos, Plateau State.

    Nigeria’s Cash Swap Policy: Goals versus Results

    Nigeria’s Cash Swap Policy: Goals versus Results

    Six Things that could Shape the Northern Nigerian Tech Ecosystem in 2023

    Six Things that could Shape the Northern Nigerian Tech Ecosystem in 2023

    5 Exciting Things That Happened in the Nigerian Tech Ecosystem

    5 Exciting Things That Happened in the Nigerian Tech Ecosystem

    SmallSmall to Expand to Jos following a $3 Million Seed Raise

    SmallSmall to Expand to Jos following a $3 Million Seed Raise

    The Increase in Data Prices is a Big Challenge for Remote Workers in Nigeria

  • BLOCKCHAIN
    Binance now accepts Naira Deposits and Withdrawals

    Binance now accepts Naira Deposits and Withdrawals

    Cardano Accelerator Adaverse Invests in Afriguild鈥檚 Mission to Onboard Africans Into Web3

    Cardano Accelerator Adaverse Invests in Afriguild鈥檚 Mission to Onboard Africans Into Web3

    Is Africa Ready to Operate a Digital Monetary Policy?

    Is Africa Ready to Operate a Digital Monetary Policy?

    What Binance and TikTok Star, Khaby Lame鈥檚 Partnership mean for Crypto and Web3 Adoption

    What Binance and TikTok Star, Khaby Lame鈥檚 Partnership mean for Crypto and Web3 Adoption

    PLA2SMART Set to Lead a New Frontier in Nigeria’s Tourism Economy

    Bundle Launches Web App to Give Users More Accessibility to Crypto

    Bundle Launches Web App to Give Users More Accessibility to Crypto

  • FINANCE
    CBN prohibits Foreign Banks from Offering Banking Services

    CBN prohibits Foreign Banks from Offering Banking Services

    Flutterwave adds Google Pay to its Payment Options for African Businesses

    Flutterwave adds Google Pay to its Payment Options for African Businesses

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    Flutterwave gets Switching and Processing licence from CBN

    Flutterwave gets Switching and Processing licence from CBN

    Google Expands its Digital Wallet to South Africa

    Google Expands its Digital Wallet to South Africa

    FCCPC Orders Drawdown of Online Credit Companies

    FCCPC Orders Drawdown of Online Credit Companies

  • START UPS
    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Sky.Garden survives Shutdown, gets New Owners

    Sky.Garden survives Shutdown, gets New Owners

  • PODCAST
No Result
View All Result
CRESTHUB
No Result
View All Result

6 Must-Have Top Skills to Run An Online Business Effectively

by Shalom Oyero Ore-Ofe
September 20, 2021
in Business Coaching, LEARN
Reading Time: 5 mins read
0
6 Must-Have Top Skills to Run An Online Business Effectively
Share on FacebookShare on Twitter

We are in a connected world today. The internet, along with smartphones has changed the way the traditional mode of business is done. Online businesses are gradually taking the world by storm.

Just like the name implies, an online business is any kind of business or commercial transaction that includes sharing information across the internet. It constitutes the exchange of products and services between businesses, groups and individuals.

Online businesses are on a roll to leverage the expansion of the business market to the market world. People now prefer to have something that is at their convenience, and online services tend to fulfill their demands effectively.

Running an online business is not easy. There are a number of endless things you need to keep track of. What does it take? Do you need to be able to write a great plan, design amazing graphics or have effective copies?

Well, some skills are absolutely essential for your success in the online space and a few of them are highlighted below:

路 Research and Planning

Researching and evaluating the current market trends and your business niche is very important. This will help you get to know your business model. Your competitor鈥檚 activities are something that you should know extremely well and a well-revised research skill can be beneficial. Also, planning is critical in order to organize all aspects and take it to the right direction. Thus, by doing these helps you to become a successful business person.

路 Possess Good Technical Skills

Online business is where your technical abilities will be put to the test. Registering domains and buying a hosting plan is easy, but it also has its complicated sides. There are a lot of technical aspects to running a website that vary in terms of complexity. You can outsource and hire freelancers to do some of the work for you but it鈥檚 also best to know how things work. This skill is particularly important with ecommerce businesses which are more involved than affiliate and advertising style businesses.

路 Invest On a Good Internet Connection

Being online requires good internet connection. Without fast internet, you could miss out on orders and customer questions. In short, your business could be paralyzed.

路 Stay Active On Social Media

Staying active on social media sites like Twitter, Facebook, YouTube and more is vitally important. Most of the world interacts with social media and it is where people are most likely to see your brand. Through social media you can also post other contents like blogs, articles, videos and press releases. Linking those to your other content widens the number of people that can potentially view it because it drives traffic, builds trust and attracts new leads and customers to your business.

路 Finance Management

One of the most important aspects of business is finance, and to handle the financial aspect, you must have adequate skills. It is essential to discover new revenue streams and handle that revenue for the effective growth of your business. Using your money at the right time and place is very important because your financial strength is your biggest strength.

路 Get Involved with Paid Advertising

While content can drive a lot of organic traffic, paid traffic is also immensely valuable. Most advertising platforms feature extensive targeting and filtering options that allow you to better reach your target audience. They also enable you to test the effectiveness of your landing pages and products or service offerings. There鈥檚 a lot you can figure out by trial and error in advertising, but you may end up losing and wasting a lot of money. If you aren鈥檛 confident with your paid advertising know-how or don鈥檛 have a big budget, you can take the time to learn or hire an expert who can help you create effective campaigns.

Running an online business is inherently risky. A lot of hats are involved, but the list provided above will help you cultivate and study the knowledge necessary to be successful online.

Previous Post

Would The New WhatsApp Yellow Page Feature Benefit Local Businesses in Nigeria?

Next Post

Infibranches Technologies Secures $2M Funding Backing From Shell

Next Post
Infibranches Technologies Secures $2M Funding Backing From Shell

Infibranches Technologies Secures $2M Funding Backing From Shell

Everything You Need Know About CBN鈥檚 eNaira

Everything You Need Know About CBN鈥檚 eNaira

No Result
View All Result

CRESTHUB MAGAZINE

Popular Posts

  • Jos Food Festival Teams Up With Recon to Power Seamless Ticketing in its 2023 Edition
  • Anchor Secures $2.4 Million Pre-Seed to Expand Product Services
  • Resurgence of Innovation: The Revamp of Tech Startups in Jos, Plateau State.
  • Charting a New Era: David Daser鈥檚 Induction to Nigerian Protection Act
  • iRevolution: What’s New and Exciting in Apple’s Latest Models

Cresthub

Learn, Start and Grow your Business with Innovative Business Solutions at Cresthub.

Company

  • About Us
  • Contact Us
  • Advertise With Us
  • Privacy Policy

Products

  • Cresthub Magazine
  • Cresthub Podcast
  • Cresthub Insight

Socials

Facebook Twitter Youtube
  • About Us
  • Contact Us
  • Advertise With Us
  • Privacy Policy

漏 2022 Cresthub Media

No Result
View All Result
  • NEWS
  • FEATURED
  • BLOCKCHAIN
  • FINANCE
  • START UPS
  • PODCAST

漏 2022 Cresthub Media

Cresthub newsletter
THE WEEKLY ROUND UP

Join our newsletter to get first hand insight in tech and start up happenings in Nigeria and Africa at large.

Enter your email address