Building an Online Selling Business From Scratch

If you don't know anything about how to start yourset up your own ecommerce store - a great option
own online home business, then you have come tofor those who are looking for independence from
the right place. Building an online home business reallyfees and rigid selling structures, eCrater is a great
isn't so different from building a regular, brick andprovider for this with their free set-up and zero fees
mortar one, other than the fact that it can be muchand best of all, plenty of support.
faster and easier! Sounds good right?Where will I source my items from?
So start by putting together a business plan and/orYou will need to find a wholesale supplier to work
mission statement. Don't be put off by the name, itwith. Be prepared to spend some time doing this
simply means set some goals and write down whatbecause this is the most important part in creating a
you want to achieve. It could be as simple as "I wantgood business.
to earn $2000 dollars to be able to buy a new car".There are several ways to find a supplier: you can
Once that part is taken care of, ask yourself thesevisit trade shows and fairs and get to know suppliers
few simple questions:directly, or you can search for suppliers online by
What will I sell?Googling "your product name + suppliers OR
Start by getting some ideas on what sort ofwholesalers". However, beware when using this
products you think you would like to sell. It's alwaysmethod as it can make you highly vulnerable to con
best to sell things you are interested in or that youartists. To ensure you only deal with reputable and
have some kind of experience in, e.g. if you havelegitimate suppliers, try a supplier directory like to find
previously worked in a mountain bike store, you willverified suppliers which will save you from being
have plenty of background experience andscammed. While directories like SaleHoo charge a
knowledge. Similarly, if you are a keen golfer, sellingmembership fee, they can save you a ton of money
golfing accessories might be a pretty good idea forlater on when you avoid losing money from being
you. Research what some of the best items to sellscammed.
are to get a few ideas, but don't be tempted toThere are a few key questions you need to ask
enter into highly competitive markets like iPods andwhen you find a potential supplier:
DVDs - you are much better off selling a niche item1. Do you have a minimum order quantity (MOQ)?
that will appeal to a very narrow audience and then2. How long have you been a supplier?
expanding later. eBay Pulse is a great site to find out3. Do you ship internationally? (if you are importing
the latest selling trends on eBay.from abroad) Which companies do you use? Do they
Where will I sell?offer tracking information?
While eBay is the most common option, there areSo get to it! Your dream of being your own boss and
also some great alternatives out there such asearning money from your own home is just a few
Amazon, Bonanzle and, Craigslist or you can alwaysclicks away!