Monday, February 9, 2009

My Internet Business Review: Where To Sell On The Internet

By Trisha Frauenhofer

Before you launch your own webpage, there are a few options that you could try first. These options will give you a better feel for the internet in regards to buying and selling. These are a few of the website options and assistance with how to decide what to sell such as eBay and Etsy.

The first option is eBay. It is a widely known site and there are endless possibilities to selling here. It is also something that you can stop or start anytime. If you decide you don't like it, you haven't invested a lot of money and time into a web page of your own.

The easiest one to get into, assuming you have a means of generating graphics, is Cafe Press. You upload your artwork, set up the shop, and select what products it'll be on, ranging from tee shirts, to coffee mugs, to calendars - even intimate apparel. (Yes, we have seen "Just Do IT?" thongs) The flip side is that Cafe Press charges a pretty premium; they handle all the manufacturing for you, so you don't have to cover inventory. So you're not making much per sale unless you can command a premium. Still, if you're an artist and lazy, they're a good way to make some money off of your artwork.

eBay offers several options, including having your own eCommerce store, or even a custom auction site. You can personalize it to suit your own business, and there's a lot of flexibility in setting the sale price, descriptions and pictures, even shipping options. eBay's primary strength is the user community; everything on eBay has been tested repeatedly, and there's extensive documentation that's very good to work from. Do avoid any service that offers to "list things for you" on eBay. It's easy enough to figure out how to do it on your own.

The all time champion for people selling things online is eBay. It effectively defined (and dominates) the online auction business. eBay is more than auctions, however. You can set up your own eBay shop with a lot of custom options, including setting the price, setting shipping options, and more. Plus, there's always the auctions.

eBay is more labor intensive than Amazon, but the percentages that they take out are less. eBay has moderately high listing fees, so keep that in mind when planning your sales patterns. eBay is the ideal forum for selling things you buy locally, or retailing something you buy at wholesale. By the time you've outgrown an eBay shop, you'll be well set on setting up your own eCommerce site.

Checking out the sales niche means checking out the competition. Unless it's a really popular item (like, say, an iPhone), you're going to want to narrowcast your sales items. Always search for the item you intend to sell and look for other people selling the same thing or similar items. Watch how their auctions and sales options run.

A variation on buy wholesale and sell direct is to find something that's locally available and sell it for more money on eBay nationwide. This is a surprisingly effective avenue for all kinds of things, from rubber floor mats for automobiles to satellite dishes. Look for something that's being liquidated locally and work from there. - 17944

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