If you are going to take your online store seriously, you need to register your own domain and implement your own website. Many people who don’t consider themselves tech saavy often question their own abilities and end up relying on 3rd party sites such as Ebay, Yahoo etc… to implement their website store for them. Let me tell you why that’s a bad idea.
Ebay Doesn’t Have Your Interests In Mind
Ebay, like most publicly traded companies are primarily concerned with their own growth and stock price. They don’t care whether you are successful, nor do they care whether you provide a genuine service to the community. They’ll do whatever it takes to demonstrate growth and make shareholders happy.
What this means is that you are always at their mercy and they can choose to put you out of business at their own whim. Most of their changes …
While everyone has different ways to motivate themselves, here are 3 unique ways to give yourself that little extra kick to jumpstart your business.
Look at Your Tax Return
Go ahead and dig up your last years tax return and paste it up on the wall directly in front of your desk. Make sure you highlight your adjusted gross income, your taxable income and your total amount of taxes paid. Now take a calculator and take the amount of taxes paid and divide that by your adjusted gross income. Let’s call this number the “Getting Screwed” percentage or GSP for short. Go ahead and write the GSP clearly on the wall in front of you. Focus on this number because, this is the percentage of your hard earned money that is going straight to the government. If you don’t have any deductions, over …
Often times, finding the right market to pursue is the hardest part of starting your store. Here are 5 things to consider when choosing which market segment to attack.
Choose an Area or Set of Products That You Are Passionate About
Many people make the mistake of opening a store and selling a product just because a particular product is hot. If a product is hot, chances are there will be lots of competition and unless you are truly passionate about what you are selling, you will not be able to differentiate your store from your competitors.
Having expertise in your products will also allow you to easily distinguish good and bad products when deciding what to carry in your store. The ability to write in depth reviews and product descriptions about items you love will instill confidence in a buyer as well.
Most importantly, selling products that you love will …