Entertainment has always been the primary source of escapism. It is the solution and the most sought option for people to relax and get some relief from their hectic and stressful day-to-day life. There are many different sources of entertainment. Some of these accessible sources of entertainment include movies, TV series, anime, games, etc. Online entertainment websites are platforms where one or more of these entertainments are available. An online entertainment business thus makes for a very reasonable and remarkable idea.
My Media Website Business Experience
Starting my own online entertainment business has been the most significant experience of my life. Building it from scratch and watching it grow has been very insightful and enlightening. It took a lot of effort to take this business where it stands today. It was much more than just having an idea and putting it into action. There are many steps involved in it.
How Everything Started
The first step to starting an online entertainment business or any business for that matter is to plan the marketing. Once I had the idea for an online entertainment business and had made up my mind about it, everything became more explicit. It helped me plan out the rest of the details gradually. The essential things and critical points that I dealt with during the initial phase of my business are:
- The different start-ups regarding this and their estimated costs.
- The target market for my business
- The time it would take to get the returns on my investments.
- The name of my business.
The next step was to form a legal entity for security and back up my business. Next, I registered myself and opened a business bank account. After obtaining all the necessary permits, I finally created my website.
How to Get Content
After setting up my website, the next step was to make it worth my audience’s while and provide them with something that will not only make my website accessible but also keep them hooked. Good content was the key to this. The excellent quality of content is what makes a website stand out and leave an impression. Scores of brands and websites are available. I had to make my content appealing and genuine. With some amount of proper research and techniques like search engine optimization, soon I was able to generate good quality and unique content for my website.
How to Attract People
Proper traffic is the key to a successful online business. It might seem like a big challenge, but it is not impossible. There are ways to achieve this. The most important thing to do here is to keep the customers happy and satisfied. This will not only keep them coming back but will also help you grow your audience. Other ways that I followed to achieve more customers are:
- Advertising
- Social media management
- Search engine optimization
- Partnering and making deals with other investors
- Being consistent
Primary Source of My Income
The primary source of my income for this website has been advertisements. After my site was set up, I chose to invest in advertising. I picked out a few well-known brands and invested in them and promoted them on my website. For every purchase that product got through my website, I received 30% to 70% of the price. I also invested in pay-per-view advertising and search engine advertising. I also spent in AdSpace. Through this, I obtained many valuable clients. Most of them are legal online casinos. Personally, we worked with gclub.org, Slot Games Online, and GClub96 casino websites, and their price for the guest posts advertising pleasantly surprised us.
All the Pros and Cons of My Business
There are different sides to everything. The same is the case with my business. It has its advantages as well as disadvantages.
Pros
- This is a very fast and efficient way of making money.
- It provides a wide scope and exposure on a global basis.
- Various overhead expenses of offline businesses can be avoided.
Cons
- The brand name has to be established fast to be more profitable.
- The internet is filled with hateful feedback and criticism.
Conclusion
Establishing this online business has been a great change in my life. It has affected me in a very positive way. It has its difficulties and drawback, but when I look at the bigger picture, I know I have made the right decision, and I am making good progress in it.
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