Choosing an Ecommerce Product or Service To Sell
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However, once you get started, you will discover it's relatively easy and fun to sell online and you may want to expand your inventory list, or start a new 100% web based business. A couple guidelines to consider are as follows:
Retail price: Most consumers are comfortable spending $250 or less online. Your product or service should fall in this price range if you want to make instant online sales. If not, we recommend creating a "Lead Generation" we site, which is designed to produce leads.
Shipping costs: Whatever your product, be sure you have adequate shipping, and that the shipping costs do not outweigh the cost of the product. Consumers become annoyed, and may shy away from you product if shipping cost to much.
Cost of Product: It's important to choose a product that does not have a high wholesale cost. Market saturation and competitiveness may influence your choice of what to sell.
Drop Shippers: If you choose to use a drop shipper, make sure they have excellent order fulfillment. You do not want to make more sales than you have product or than the drop shipper can handle. Also, you should negotiate some type of exclusive, or co-branded marketing material for the out bound shipping containers.
If you would like a free consultation about which products sell well online, or just have general ecommerce questions, please contact one of our ecommerce consultants. Ecommerce consultants.
Article Courtesy of 121merchantaccount.com
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