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Selling Electronics Online

Posted on by admin in selling electronics online Leave a comment

Everybody has electronics these days. There is nobody on earth who doesn’t fancy having a good DVD player or LCD. The thing with the technology is that it keeps changing all the time. When we have a thing after a while we get bored by it and want a newer one.

However some people cannot afford to buy first hand and brand new things, they can only buy used things. In fact that is the case with most of the people. Even you and me sometimes, we also look for decent things to buy online for reduced rates.

The advantage of selling electronics online is that the platform is big. It consists millions of people. Every part of the world is included and accessible. The other big advantage is that it is easy to sell things online.

Process of selling electronics online

Conduct a research

Conduct a detailed research. This is the first and foremost step of starting any new business. Make your feasibility reports and plan the future of you business accordingly.

Select and clean the electronics you wish to sale

It is a very crucial step. Pick out the latest, trendy and “in” items. Clean them polish them and bring them in tip-top condition. Selecting the items that old, out of style and not in good condition will only waste your time. They will eventually get sold for a small price but they will take a lot of time. The circle of your online selling will effect. If you have a supplier then make sure you closely observe the stock. Anything which you have doubt about, don’t put it online for sale in the beginning. After your selling process has started, you can occasionally drop in a low price items in between and get it sold.

Sort out the price, pictures, description and label

This step can be called “sales pitch”. Attraction and interest of buyers will depend upon how you price the product, what good pictures you have of it and how have you labeled it so the buyer will buy only from you and nobody else. To make use of this effectively, conduct a research on prices and price your product accordingly. Next, upload good pictures when you post the ad and explain the specifications in detail.

Find specific websites who specialize in particular electronics

Finding specialized websites for electronics can give you a lot of advantages. One of which is that the people who browse such websites are definitely interested in buying electronics. Their time is not wasted by distraction of other products. A platform specially built for electronic selling is an ideal one for you. like Alibaba.com

Get related people involved

If you are going to do it regularly, you cannot do it alone. You will need a supplier at least. Ideally you should team up with other intellects that are into online electronic selling. This would help you a great deal as you will learn a lot from them. You can split your work with them. You can specialize like e.g. one person is responsible for marketing, other is for posting ads, one is responsible for co-coordinating sales process etc.


Start Making Money by Selling Books Online

Posted on by admin in Selling Books Online Leave a comment

If you are a book lover you must have thought about it countless times: how do I make use of all the knowledge about books I have and convert it into money. If that is not the case with you, it certainly was the case with me.

Selling books and making profit out of it isn’t very difficult. However, the bigger the magnitude of your business the more looking after it will require.

Here are some points to remember if you are thinking of starting an online selling books business.

Find a book selling websites

There are hundreds if not thousands of websites operating in the market today. Online selling is at its peak. In the midst of that it is very crucial to your business, especially on initial stages that you find a good and product book selling website. Different websites have their different way of working; find the one which is most suitable for you. It would take an hour or two to get well informed about multiple websites; you can pick out some of the best of them and get registered with them.

Find a good supply source

By supplier I don’t necessarily mean a person who supplies book. It can be any source which regularly provides you with books. Since you are going to make a living out of book selling, it is important that the flow of book selling remains active.

Pay extra attention to this step, as it can be difficult to build a good stock with books. It is easier with clothes, books and electronics etc. But as a book lover you would know how hard it is to find good books.

Involve other book lovers

This is a further enhancement of the above mentioned step. Getting book enthusiast involved in your company will teach you a lot. Firstly you knowledge will increase, secondly you will find more sources to get books from. If you take it one step further, you can distribute tasks and manage your business more effectively.

Quality and condition of the books

Make sure that the books you buy are in good condition. Worn out books will make you and your business look bad. People love books and prefer to buy ones that are in good condition. If necessary, you can go through the process of cleaning and binding the books to make them look better.

Pricing

Prices of the books you are selling shouldn’t be too high or even too low. The prices should be reasonable. By reasonable I mean such that a buyer would feel comfortable spending and you will get decent money out of it. That would create a win-win situation.


Tips and Tricks of Selling Things Online

Posted on by admin in Selling Online Leave a comment

Business owners nowadays are shifting their focuses to online selling rather than traditional offline selling. The reason for that is quite straightforward and logical; online selling is easy, cost effective and provides a much bigger platform for selling stuff online. The biggest advantage of online selling is that you have access to literally millions of people around the world as a potential customer. Whoever isn’t doing business online is missing out!

Useful tips for selling online

  1. Always use good pictures and descriptions of the product you are selling. The picture and description is your sales pitch when you are selling through a website. Try to be comprehensive with the pictures, upload all angles. Try and take the best shots available.
  2. Don’t list your product’s price unreasonably high. Sure sometimes you’ll get those buyers who value expensive items over cheaper items but in the long run you’ll lose out. The only way you can get away with it is if you offer something better then the competition, for example top notch customer service.
  3. Learn the trends. I like to use Google Trends, eBay Pulse, Amazon Bestsellers, to spot new products and buying trends. These can tell you if it’s worth promoting a product or not. It can be the difference between a successful business and one that struggles.

Selling Random Items Online?

  • Get yourself registered with sites like Ebay, Amazon, or Half etc. You will be able to sell stuff for a fixed price. The website will take a percentage from the sale, but it would give you a great platform for selling your items. There are some sites which charge you for merely posting a sale; you can avoid them if you like but those sites usually have the most traffic.
  • If you wish to sell antiques and collector’s items, you can use the auction websites. This way you can sell your product which is unique to the highest bidder. People make fortune by selling antiques and valuables online. I know people who go to garage sales every weekend, get items for only dollars and sell them on eBay 10 times what they paid for them.

You have to think outside the box when selling online. There are plenty of places online which will allow you to post your items for sale. Are your customers there? If so work your way on that site, it can be an auction site and web forum or even a BLOG. Find a way to get noticed and sale your goods. It can be done and you can win!

Good luck!


How to Setup An Online Business Profitably?

Posted on by admin in Online Business Leave a comment

Online buying and selling has become a common practice these days. If you wish to start an online business, you don’t have to worry about its scope, productivity and profitability. What you need to worry about is that thousands of other people with the same idea as you and how you can compete with them!

Thousands if not millions of people are shopping online and the list is growing. There is no limit to online selling, you can sell stuff anywhere to anyone. These incentives are quite big for anyone to consider, and that is what people these days are doing. They are selling different things online and making a living out of it. And despite the fact that online selling is very easy it requires effort to produce good results. If you want to be “just another” seller, you can start by posting ads. But if you want to get big in online selling, you have to take care of some things, such as:

Utilizing Auction Sites

This is the primary step. Get yourself enrolled with one of the reputable websites which complies with the stuff you wish to sell. For example, Ebay.com is good for all sorts of items, Amazon.com is good for wholesale items, Etsy.com is good for selling handmade clothes etc. Spending some time and research these sites to see which best fits you.

Ebay, Etsy and Amazon don’t charge unless your item sales; the fees involved can be minimal or a big chunk of your profits so make sure you factor this into your auctions.

Setup an “online store” through different websites

When you get familiar with selling products online, a step forward would be to setup your own online store. Many websites like Yahoo shopping, Ebay, and Amazon.com etc offer this service in return to a fee. By paying that fee you open your business to the customer base of these websites.

Start your own website

You should start you own website if you want to get big in the industry. The website understandably would be small in the beginning; perhaps you can start with a blog. If you work hard on your website it will grow. Not only can you sell more, you would have an advantage over people who just stick to auction sites, no fees! The only thing you’re looking at is hosting and domain name costs, but these are minimal in comparison.

Learn SEO optimization techniques

To bring traffic to your website, you need to learn and apply SEO techniques. You can alternatively hire an expert for the job as well. Just make sure that your website is well designed, easy to use. The more professional a website looks the more your visitors will trust you and become customers!

Publicize your website

Use social networking, link directories, advertising (online and offline) for the promotion of your website. Tell your friends and family about it. Take action and get the word out!

Think like a buyer and be earnest

The golden rule for being successful as seller is to think like a buyer. Prioritize his priorities, put yourself in his place and design your business around his needs! Ask yourself when visiting your auctions or your own website, would I trust this website upon first seeing it? Would I take out my credit card and buy something? If you don’t get a “Yes” then figure out what you’re missing and make changes. Check out the competition and see what they’re doing to be number one!

Good luck!