Can You Create a London-Friendly Budget with an Online Business? - Broke in London

Can You Create a London-Friendly Budget with an Online Business?

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London is one of the most expensive cities in the world

Guest post by Larisa Wong

It is a well-known fact that London is one of the most expensive cities in the world. However, this massive urban amalgamation of flavours and cultures still continues to attract professionals from all walks of life. Much like other metropolitan areas such as Paris or New York City, the capability to make financial ends meet can present somewhat of a challenge. When we also consider that encountering a well-paying job may be slightly difficult, what additional options do you have? Why are many freelancers turning to the digital medium in order to earn an appreciable source of income? Let us take a look at how you can establish your presence within the online community.

Building a Website from Scratch

Before you attempt to market any product or service to the general public, you will need to establish a firm digital “anchor” in the form of a web presence. This is when the power of a bespoke website builder comes into play. This is even more critical if (like most) you possess little experience in regards to coding and digital design. We can think of these useful platforms as virtual architects; allowing you to create the ideal billboard to effectively present what it is that you have to offer.

It should nonetheless be mentioned that even the most powerful architecture needs to be used in synergy with a well-devised game plan from the very beginning. Here are a handful of useful rules and guidelines to keep in mind:

  • Try to keep the layout of the website as simple as possible.
  • Be sure to create informative and useful content based around the desires of the reader as opposed to search engines.
  • Media such as high-definition images and embedded videos are excellent ways to capture the attention of your audience.
  • Avoid blind links, pop-under advertisements and similarly distracting material.

What About Marketing?

It is also wise to mention that utilising the correct marketing techniques will help your budding dream become a reality. Some entrepreneurs may argue that this is the most difficult metric to address, as the needs of every online business are quite different. However, you can always leverage the utilities and tools provided by e-commerce platforms such as Shopify. These helpful applications will aid in identifying your audience and you can thereafter spot any sales trends which might impact future strategies.

Furthermore, marketing to a London audience can sometimes represent a hit-or-miss venture. Always remember that you will be dealing with a stiff level of competition and that you might not get it right on the first try. Be ready to accept such hurdles, as they can help you learn from any potential mistakes.

Living in London on a tight budget is possible and the online retail community can represent an excellent option to consider. Be sure to perform additional research and to read the experiences of others, as such guidance and insight will prove to represent invaluable assets as you progress.