Mystic wealth

Mystic wealth

Saturday, 7 May 2011

Create Wealth from Online Business

Brick and mortar  stores  in  once  thriving malls and  housing  areas   are  closing due to direct competition  from big  mega stores throughout the world  thus consumers are left with fewer local shopping choices. But  as quickly as such stores are closing, online stores are opening.
Online Ecommerce store 
The  Common  story of new  entrepreneurs   who wanted to start a new business of  their   own  hesitated  because   of not  having sufficient funds to open a store at a mall or to arrange a complete set up for offering of  services
Entrepreneur who wants to be a business owner but  do not have enough space or sufficient budget to open a store in mall  can easily opt for the online stores. These days, many new business owners are opening online stores and developing the e- commerce concept  to  open  an online store, as such  you can sell online the services and products that you have. 
Online store for  selling Multimedia player 

Many new entrepreneurs who do not wish to risk their money when they start the online stores for the first time can start with the free online store. With  some   turnkey platform  offering free ecommerce website  you can get started with an online store which you can open without spending any big  investment . 

Proper business  planning is necessary when  starting  an online business so that you can get everything organized  as  there are several things that you need to plan when you start the business. You should decide your target customers and offer product or service  that appeal to potential customer . make sure  your ecommerce  website   will incorporated online shopping cart in your site so that people can shop their things and order them online. The website should be properly designed. It should have proper navigation facilities so that your customers can easily get the things that they want. 

If you wish to succeed  online , then you should do some research  to   search the internet to know more on the online market and the companies that can help you join the internet market without charging major cost for their service.    .
The popularity of the online stores has increased in the present days  and  now online information  are easily available  that it is even  possible to find companies  that can help you open free web store  and  would give you free sub-domain and free hosting so that you can carry on with your business venture
One common  example of such  companies   are dropshipping  stores and websites  Many such  companies offer fully turnkey solution websites, also known as a Ecommerce Dropshipper site, that come complete with shopping cart, online catalog,email marketing ,Payment gateway  eg. Paypal , 2 checkout ,worldpay  etc   and many  more.
Such  stores usually offers a wide  range of products  all  compile and categorized   into individual product  website with  good product  pictures all thumbnail and well organized  for  easy customer viewing and selection  and it   allow  the owner  to add your products to the website and personalize your store.  The whole process  to ordering and personalizing  the  main themes of your online store  is almost instantaneous
Many turnkey  package  will  come with built-in search engine optimization (SEO) capability and provide  a 24/7  workable system  with auto-responder  system to help  store  organizer to run it  automatically
Dropping Graphic Chart

Drop Ship Products
While doing your business planning to  build a successful drop ship business you will  need to access to wholesale products. Therefore choose your drop ship supplier wisely. You  will want to choose drop ship supplier that carries a wide selection of name brand products at low wholesale prices, replenishes stock on a regular basis, and cares about your success  
Drop Shipping means buying products  at a good reseller prices from a low-priced source, and having your supplier do the work of packing the goods and sending them to your customer – on  behalf of your store’s name
Wholesale Dropship is a revolutionary new system that enables you to make money by sourcing  New  Released products directly from wholesalers. When you buy from wholesalers, you normally have to buy in large quantities. But with a dropship wholesaler, you get low prices even on small quantities.
Therefore  some of the major  wholesale suppliers with access to over 1,000,000 brand name products , update inventory counts in real time, and ship products quickly.  Wholesale dropshipping is a business opportunity like none other. The products are taken care of - you only need to find effective  ways to sell them.
It's relatively  a safe business for you, because you only pay for a product laterafter you already sold it and only after having received the money from your customer through  the payment  gateway like Paypal . There's no risk of dead stock - no more worries about unwanted inventory.
The downside , is  only if your  dropshipper fail to deliver   product that does not  meet to specification  ,or if  product fail to perform after  delivery . Then  it  will  be mind boggling  at times  when customer wish to claim for  such error or faults ,which you need to ensure  your wholesale  Dropshipper  will be willing to  accept return  or changes of  products if  such event turns up  not to your favour
With a good wholesale dropshipper   your customer only has contact with you, not with the supplier.The products will be sent "blind". That means your supplier's name / address / contact details are not visible to your customer. Your customers cannot find out your wholesale dropship source ,therefore the business relationship  is enforced and  will work  to your store’s favor
What's Involved In Starting your  Own Dropship Business?
·         You can start your business without any large initial investment;
·         You don't have to buy product  in bulk - just order after you get paid by your customers;
·         You can 'stock' your online shop with a huge range of products, effortlessly;
·         All the item descriptions and pictures, you can just copy from your supplier;
·         You can list items for sale, and if they aren't popular, you didn't lose anything... you can test your market risk-free;
·         No warehouse costs and no risk of 'dead' stock;
·         No need to worry about packing and shipping: your dropship wholesaler takes care of packing materials, shipping labels, paying couriers for delivery, and even making sure electrical adapters are right for different regions...;
·         ...So you can sell to customers anywhere in the world;
·         You set your own prices and profit every time you sell something!

1 comment:

  1. Its a great knowledge for making money online. Also we can make money with creating or joining a network and get wealthy.