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LadyDay
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Posted: Thursday January 5th, 2006 19:20 |
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i want to sell merchandise online through ebay then branch off to my own site
basic stuff shoes handbags accessories clothes
how do i finance and where would i get the stock from
any ideas tips
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LifeofEgypt
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Posted: Thursday January 5th, 2006 23:13 |
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| Congratulations, a lot of people are scared to start their own online business and make up all kinds of excuses to not give it a try. It does require a little studying but it can be done with hard work and persistence, just like any other business.
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LifeofEgypt
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Posted: Thursday January 5th, 2006 23:21 |
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| What you need to do is set up your site with links to other sites that have affiliate progams for the products that you want to sell. For example search "handbags, affiliate programs" in your favorite search engine. Or if you have a favorite brand, check them out to see if they have a affiliate program. Affiliate programs will pay you commissions for selling their product without you having to handle the product or deal with the sale.
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LadyDay
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Posted: Friday January 6th, 2006 02:51 |
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ok that sounds cool
but i do want to also deal with the sale as my ultimate aim is to have a second income.
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Act as if it were impossible to fail!!!
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Vezz.
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Posted: Friday January 6th, 2006 15:35 |
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Have you set up your own site yet? If so, you can use Paypal (which is on ebay anyway) or something like Streamline which will allow you to accept payment by debit/credit card. Your host should have this.
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LadyDay
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Posted: Friday January 6th, 2006 16:34 |
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Lady Vee wrote: Have you set up your own site yet? If so, you can use Paypal (which is on ebay anyway) or something like Streamline which will allow you to accept payment by debit/credit card. Your host should have this.
no i havent set up my own site yet as i was planning to use ebay 1st then branch off to my own site and still make use of ebay. right now i am on a stock finding mission and ways to finance merchandise.
right now i need to find out where do i get stock from costs
general set up costs. how small or little can i start
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I am too blessed to be stressed and too anointed to be disappointed!
Think outside of the box...Think in spirit
Act as if it were impossible to fail!!!
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Vezz.
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Posted: Friday January 6th, 2006 17:06 |
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I use Fasthosts. It cost £2.99 (I think, but not much more) to register the domain name, and then £3.99 + VAT per month. I set up 2 sites and they each cost me less than £20 (you pay 3 months hosting in advance).
With regard to stock, the affiliates idea someone had is good. What I would do, though, if I were you, would be to check the VAT position. All you supplies would be vatable, so it may be worth your while being VAT registered to enable you to reclaim it. It won't cost you anything, you won't be liable to CT as a sole trader, and you could charge a little more. The only thing is, you'd need to prepare accounts & the VAT return, both of which is so easy to do.
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LadyDay
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Posted: Friday January 6th, 2006 17:39 |
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ok
whats CT?
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Vezz.
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Posted: Friday January 6th, 2006 18:18 |
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Corporation Tax - a tax on your profit.
Sorry, I assume everyone's an accountant!
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LadyDay
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Posted: Saturday January 7th, 2006 15:37 |
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| well you learn something new everyday
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Think outside of the box...Think in spirit
Act as if it were impossible to fail!!!
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ChubbiChix
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Posted: Tuesday January 10th, 2006 14:59 |
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| The only thing I don't like about affliate programs is that you sell other people's products and get a small 5-15% percentage. You would have to sell like thousands of dollars worth of stuff just to make 1,000. I learned from personal experience with these types of sites that its better to sell your own products or services and have the affiliate stuff as side money. Creating your own product is hard though, thats where I'm stuck at.
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LadyDay
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Posted: Tuesday January 10th, 2006 19:13 |
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| im still clueless where to obtain stock
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I am too blessed to be stressed and too anointed to be disappointed!
Think outside of the box...Think in spirit
Act as if it were impossible to fail!!!
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Vezz.
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Posted: Wednesday January 11th, 2006 10:04 |
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| I'd go to a market and look at some labels on handbags, then do my research on the internet. That way you can find out through them who they supply.....
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LadyDay
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Posted: Wednesday January 11th, 2006 19:48 |
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| thats a good idea
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I am too blessed to be stressed and too anointed to be disappointed!
Think outside of the box...Think in spirit
Act as if it were impossible to fail!!!
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