I want to start my own online business selling products? Any information on how I could get started?
Answer:
The first step is to decide how you want to sell -- whether you want to create your own website or sell through eBay. Here are pros and cons of each approach
CREATING YOUR OWN WEBSITE
Pros
- allows you to establish your own "real estate" on the Web;
- allows you to attract a bigger audience; not limited to eBay buyers (not everyone buys on eBay)
- scaleable as it allows your business to grow;
- allows you to give more information about your business to your visitors and give them reasons to trust you
- alliws you to give more information about the product, play around with factors that can increase conversion
- gives you a more professional look
- makes you look like a "big" business (an e-commerce seller that also sells on ebay "looks" so much bigger than a purely ebay seller)
- you can put in as many items you want without paying listing fees
- you can sell as many items as you can without paying value added fees
- less restrictions than eBay (you are more free to write your sales copy)
- easier to market on the Web
Cons:
- requires technical knowhow to create a website (or money to pay someone to do it for you)
- fixed price (price you set is what you get)
SELLING ON EBAY
Pros
- auction format; prices can go up higher than you originally set it for
- eBay's brand and size of its market
Cons
- listing and final value fees
- lots of restrictions
- harder to get onto search engines
- link exchanges are more difficult
- increasing competition (it is not as easy to sell now on eBay compared to others)
I would say it depends on what you want with your business. If you have a steady supply of product to sell (not just based on what you can find in your attic), I would go create a website - and THEN use eBay as an additional sales channel. You just have more room to operate and grow your business with having your own store.
First you must define what product you are going to offer and who the product is going to cater to. You must also think about marketing and design a website. Your must find a company to process your payments. It's aslo a good idea to have a sales tax id or resale license. What type of products do you want to sale? I can direct you to some reputable companies.
ebay, clickthru.
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http://cashcrate.blogspot.com
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thanx
Check the link below to see step-by-step guide how to start a business and all the things needed to run a successful business.
Hope this helps.
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