The,Only,Things,You,Can,Sell,T ecommerce The Only 5 Things You Can Sell

I will be answering three main questions in this Emerald Passport Review for all of the tenacious Entrepreneurs that are seeking the ideal Home Based Business Opportunity. Internet Marketing has seen some tremendous growth in the "work at ho Wood handles are used in tools due to their ability to provide a good grip when holding the tool. Unlike many other types of handles; wooded handles are easy to grip do not transfer heat and are not an electrical conductor. Therefore, making

This article is free to publish with resource boxIf using this article, please send a brief message to [email protected] Word Count: 1218 words, 25 word resource box- Format: 60 characters per line- URL: http://FutureInternetMarketing.com/articles/fimarticle01.htm- Autoresponder: [email protected] Author Photo (80x105): http://FutureInternetMarketing.com/palyn.jpg- All links checked September 2003- Article checked by SpamAssassin and is spam-safe.- This article is perfect for internet and ebusiness beginners'The Only 5 Things You Can Sell'by Palyn PetersonSo, you want to start an internet store do you? What is itare you going to sell? This really is the first thing totackle, because without any products your store will fail,guaranteed. All jokes aside, let me share some insight onbroad this topic. First, do you have anything to offer that you can make?Crafts, exotic bird houses, jewelry, doll houses? Most peoplewill answer "No" to this one, but that is ok! Lots ofoptions are still available. In fact, most online stores donot create their own products.Affiliate programs are another great choice. An affiliateprogram is when a company gives you commission to sell theirproducts. You direct customers to their website, and that isit. You don't manage inventory, the sale or shipping. Somecompanies may provide web space and site creation support,but be careful about going that route -- they may want tocharge you setup fees and maybe a membership fee. If theaffiliate program is worth it, it will most likely be free.Here are other points to pay attention to:1. How much commission you will receive with each sale. 5%-10% is on the low side. Try to stick with companies thatwill pay you 20%-35%. I've even come across some affiliateprograms that pay as much as 50%. 2. Read the affiliate agreement. Some companies state youcan only sell their products on your website, and no oneelse's. If this works for you, great. If not, be sure toread the agreement and make sure this is not the case. 3. What the pay out amounts are. Know how much you need tomake before a check is cut and mailed to you. 4. Do you receive support? Many companies offer theiraffiliates marketing material to help sell products. Thiscould include website content, pictures, banners, cut-and-paste emails, and classified ads.Some people pull in many thousands of dollars a month withaffiliate programs, they can work, but remember to becareful! There are many wolves in sheep clothing justwaiting to take your setup fee and monthly payments just toleave you without support and no sales. If affiliateprograms interest you, there are a number of good affiliateprogram directories. Here are a few:1. www.affiliatesdirectory.com2. www.associateprograms.com3. www.affiliatematch.comNext, a very popular and incredibly practical choice is dropshipping. Drop shipping is when a wholesale distributormaintains the product inventory, you create a store sellingthose products and take customer's orders at retail prices.You then turn around and send the customer's order to thewholesale distributor who ships the products to yourcustomer, often with your company name on the package. The customer receives their products not knowing that youare running the business with no inventory and from thecomfort of your home. And no inventory means you only spendmoney when you are making money. In other words, you onlyspend money buying products at wholesale when you are justgoing to turn around and charge retail price to a customer.How great is that? This is one of the most popular methodsof running a retail business on the internet, and for goodreason!The great majority of wholesale distributors will ask youfor your TAX ID number when creating an account. Your TAX IDnumber can be found on your sales tax license if you haveone, or usually your social security number will suffice ifyou do not have a license. For free information on getting asales tax license, visit this page:www.futureinternetmarketing.com/inetlaw/inetlaw.htm.When searching for wholesale distributors, be carefulbecause there are a lot of companies out there that willdrop ship products and claim to be wholesale distributorswhen they really aren't! They will take your order just toturn around and order from the real wholesaler. This shouldspell L-O-S-S to you. What's happening is that you arebuying the product at a price marked up from the actualwholesale price, and then you'll need to mark it up evenfurther when selling it to your customer. There is a bigslice of the profit pie that you aren't getting!Most distributors that offer thousands of different productsin a number of different categories are usually that type ofoperation. Also, if the distributor wants to charge you asubscription fee, that should set an alarm off in your head.Occasionally the wholesale distributor will charge a per-drop-ship fee, and maybe have a minimum order requirement(either in quantity or dollar amount). A FEW (and I sayfew) legit wholesale distributors will charge a setup fee(one wholesale distributor I worked required that the firstorder be $200 or more), but I have NEVER come across a legitwholesale distributor that charges a subscription fee. If you are having trouble deciding what products to sell,try this: go shopping! Don't actually buy anything (if youdon't want to, at least), just look around and see whatproducts interest you. Do you see a site that you think you could do better? Areyou a sports fan? Sell sports equipment or memorabilia! Doyou enjoy pool? Sell billiard supplies! Enjoy gardening, orinterior decorating? Sell products for those! A word of advice though, the computer component market iscrammed. You will have more competition there than with mostother products. Information products are a fabulous option as well. Not onlycan they easily be created by you, they are even easier todistribute because they can simply be emailed to yourcustomers.Can you fix cars? Write a maintenance tips manual. Write aneBook on saving money around the household. Write a manualon how to negotiate with car dealers. Maybe you know how tomake the cue ball jump across a pool table over what wouldhave been an obstacle. I sure don't, and I wouldn't mindfinding out!Basically, the question is "What do you know?" Don'tunderestimate yourself either! A great way to get startedis to use the mind-map technique. This technique allows youto jot down ideas that relate to a core idea and build askeleton of subjects that are all associated with eachother. After only a short time doing this, you should havemore than enough subjects to piece together a good eBook.For more information on mind- maps, visit these resources:1. www.peterussell.com/mindmaps/mindmap.html 2. www.shared-visions.com/explore/literature/mindmap.htm 3. www.tsd.jcu.edu.au/netshare/learn/mindmap/howto.htmlIf you look long enough, or are just plain lucky, you willeventually come across someone selling the complete rightsto a product. You can buy it from them and resell it for asmuch as you want, as often as you want, and retain 100% ofthe profits. These deals are few and far between, and canusually cost quite a bit. But do keep your eyes open forthem, it may be just what you are looking for.Hopefully a number of product ideas have sparked as you werereading this article. As you can see, there are a lot ofvery good options available to you. Review all of them andchoose the best one, or ones, for your business situation.Copyright © 2003 by Palyn [email protected]=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-Sign up for Palyn Peterson's FREE 13 day intensive emailcourse and discover the 16 necessary basics and 5 advancedinternet marketing techniques. You'll also receive a free$gift$. http://FutureInternetMarketing.com/guide.htm-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-