One of the biggest advantages you have as an internet entrepreneur starting out today is that you don’t have to figure everything out for yourself. There are so many tools and resources to help guide the process, community forums to ask questions, share advice, hear stories, and examples of profitable online businesses to follow.
Also, you can leverage one of many existing and established online platforms as a selling marketplace to make your business start-up quick and easy, without the need to create your own website, online store, or ecommerce site. In fact, these third-party services could form the basis for your venture in the long term.
You do have to fit into one of almost 70 categories in order to be a third-party seller. Some of the more common and most profitable categories are clothing, healthcare, beauty products, baby products, jewelry, home and garden items, cell phones, and electronics, though just about anything you’d want to sell is covered.
You do have to fit into one of almost 70 categories in order to be a third-party seller. Some of the more common and most profitable categories are clothing, healthcare, beauty products, baby products, jewelry, home and garden items, cell phones, and electronics, though just about anything you’d want to sell is covered.
You do have to fit into one of almost 70 categories in order to be a third-party seller. Some of the more common and most profitable categories are clothing, healthcare, beauty products, baby products, jewelry, home and garden items, cell phones, and electronics, though just about anything you’d want to sell is covered.
It’s a convenient business model that allows you to focus on marketing and increasing your take-home revenue.
Be a Proactive Marketer
Pick the Right Niche
Be Competitive and Know Your Competition
Maximize Profits
It’s also important to take advantage of busy buying seasons. Traditional retailers make the bulk of their money each year around the holiday season, and it’s no different for online sellers. In fact, online retail has even developed its own “holidays” for shopping (like Cyber Monday, after Black Friday). Make sure you’re well-stocked to handle a flood of orders.
Put it all together and you have a recipe for five or six-figure income each year.
Frequently Asked Questions
Of course, if you compare these fees to the traditional model of having a brick and mortar business with rent, utilities, employees, etc. there really is no comparison to how inexpensive this really is. In many cases, this is cheaper than renting a table at a flea market
