How to Start an Online Business: Here Is the Way to Start

With the fast growing technology and the easier access of people to the internet and its usage, a new trend of internet business has emerged out recently. How to start an online business is the common question which always comes on everybody’s mind. Your clients will approach you via internet and you can provide them the required services. The online shopping sites are the best examples of an internet business. With these sites you can view the products, product description and purchase the products directly. You just order your product and the product will reach your door within few days. There are a variety of payment options available to the user such as online payment using debit card or credit card and cash on delivery option.

The above example is to the easiest way to make you understand the idea of internet business as to how it is carried out. Now the question is that how to start an online business. To start an online business first of all you need to carry out the analysis about your business niche. There should be market research regarding the need of the market for the product or the service of your business. You should thoroughly carry out the market research regarding the vulnerability, competitors and their strategies. After the analysis and research work you should prepare your own strategies which should be unique and creative. As this is not an ordinary business that you are starting, this is an internet business so should become familiar with the culture, methodologies and the policies of an online business. Therefore at the time of starting the business you should be prepared with all the factors in regards to how to start the online business.

After this, register a unique domain to create your own shopping portal. Also consider various factors such as delivery of your product or service, payment mode, banking, taxation, accounting, legalization, government rules and regulations, different online business policies, licensing and trademarks, product warehouse and business location.

Your product should be different and unique from the other products that are available in the market. The style with which you present your product should also be unique and should give a clear idea of what you are selling.

You can take the help of various counselors and experts as to how to start the online business. Only an expert can show you the perfect path to success in the online world.

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The blog will make you understand how to get your business online and achieve success.

Getty to Offer Flickr Images for Sale
start online business
Image by Thomas Hawk
Yahoo! Inc. – Getty Images and Flickr Announce Exclusive Partnership to Offer New Collection of Creative Imagery Getty Images and Yahoo today announced a partnership which will allow Getty Images to begin marketing select images that Flickr users upload online.

"We are excited and proud to be partnering with Flickr to offer our customers even more choice for their projects. Our customers will be able to select and use the best imagery from a fresh collection of high-quality images chosen by us from Flickr’s diverse and prolific community," said Jonathan Klein, co-founder and CEO of Getty Images. "Flickr is the ideal partner as we continue to move the imagery industry forward by offering the broadest range of high quality digital content to our customers."

Although the press release issued on the new joint venture doesn’t spell out many of the details of the program, an article over at CNET provides more information as does an article over at the Seattlepi.

According to CNET, photographers interested in participating in the new Flickr collection will "have to simply wait to be contacted."

The Seattlepi reports that, "Flickr users will be able to declare whether they want their images considered for commercial use. Klein said Getty’s customers will likely prefer scenic or creative images, not those of news events." the Seattlepi adds:

"Flickr users, many of whom are amateurs, will be paid in the same manner as professionals if their images are used commercially. Getty customers usually pay between and 0,000 for an image, depending on how freely they may use it. Photographers receive 30 percent to 40 percent of the licensing fee if the customer’s rights to use the image are limited in scope or time, or 20 percent if the image may be used with fewer restrictions."

Personally I think that this partnership is a very promising development, but I’m reserving judgment on its merits until I see more how the deal will actually play out.

What surprises me most about this deal is that in the past Getty has seemed to make a very strong distinction between their "Pro" quality Getty Images photographs, which represents their bread and butter business, vs. "amateur" images which have largely been pushed towards their microstock offering iStockphoto.

iStockphoto sells images for much less than Getty’s traditional stock photography business, typically marketing images at , and per image.

It would appear that with this new offering, Getty is going to treat at least some of Flickr’s images as they would their own "Pro" photographer imagery. My own expectation would be that current Getty "Pros" are probably none too happy about having a new horde of "amateurs" jointing their ranks and competing with their own image sales.

At the same point there is simply no denying the quality of imagery that many of these so called amateurs are posting to Flickr, nor the breadth of photography that has been accumulated, organized and ranked.

It will be interesting to see how Getty balances out this conflict and whether or not their new "Flickr Collection" will receive the same marketing emphasis as their own Pro photography collection.

Earlier this year in February when I published an article about what a Microsoft buyout of Yahoo might mean for photography, I mentioned that with Microsoft as the new owner of Flickr that they could possibly use the relationship with Bill Gates 100% owned Corbis, Getty’s largest competitor, to build a stock component to Flickr.

Although this relationship will probably not be significant from an economic standpoint in the short term for either Yahoo or Getty, it is hugely important from a strategic standpoint.

At present, in Flickr, Yahoo owns the largest organized and ranked collection of imagery in the world. By opening up access to much of this collection, Getty stands to dramatically improve image search for their buyers. Whether or not those buyers buy Flickr images or other Getty images this partnership should still create a far more meaningful stock search experience on Getty vs. #2 Corbis and other competitors.

Although Getty’s payout to Pros in the 20-40% range may seem low, with Getty’s marketing muscle in this space and their ability to correctly price imagery at the Pro level this may represent a lucrative new source of income for many Flickr photographers.

The big question though is how seriously Getty will market this collection.

On a personal level I’m very interested in participating in this new partnership and will be blogging about it much more in the future.

More information from the New York Times here. There is also an interview with Getty’s Jonathan Klein and Flickr Chief Kakul Srivastava here.

Flickr has an FAQ up on the new program here as well as a topic on the subject in their help forum here. According to Flickr Community Manager Heather Champ, today’s partnership announcement really is just an announcement that Flickr and Getty have "started dating," with more information coming out, "as we move forward with the development of the platform, etc."

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