How to Build an E-Biz on a Budget: 4 Start-up Tips for the ECommerce Entrepreneur

by Chris Malta & Robin Cowie

Many online sellers start their businesses from a position of necessity. They need a steady income, but they lack start-up funds, and have little-to-no retail experience or technical expertise. However, according to Shawna Fennell, president of 1Choice4YourStore.com, those things aren’t mandatory for an Internet entrepreneur to succeed. Tells Fennell, “When I started my first E-Biz, I was a newly-single mom. I had nothing but my babies and the clothes we left the house with. Several years later, I’ve got seven or eight very profitable retail sites, and an E-Biz consulting practice. If I can do it, anybody can do it.”

Easy Entry
If you’re considering coming online, but know nothing about eCommerce and can’t afford to lose any money, Fennell shares several tips to help alleviate the stress in your transition into online sales:

• Consider starting out with a storefront on a reputable selling venue, such as Yahoo! or eBay. They’re easy to set up, even without a proficiency in coding. You can easily get started selling without hiring a web designer, programmer, or SEO consultant – much more easily than with an independent web site.

• Drop shipping is an ideal product sourcing model when you begin retailing online. Whenever your customers place their orders with you, you turn around and place those orders with your drop ship supplier. Your supplier then sends those products from their warehouse directly to your customers’ homes. You only pay your drop shipper when your customers pay you, so you don’t have to invest money you don’t have into inventory that might not sell.

• You may not have a great deal of money to spend on search engine optimization, but you can still do well in the natural rankings if you concentrate on giving the search engines what they really want: original, quality content. New E-Biz owners often make the mistake of posting the template product descriptions their suppliers provide. But if a hundred sellers use the same product description, the search engines will see a hundred identical listings and only bring back one of those stores in the results. That’s why each of your products needs its own unique copy. Even if you have hundreds of products, you can work on a set number a day until you’ve written a fresh, unique description for every item.

• While you wait for your SEO efforts to pay off, you may have to invest in some Pay Per Click ads to bring customers into your store. Fennell recommends advertising on a shopping search engine, rather than a traditional search engine. Typically, the cost is lower, and the conversion is higher. Your Google ad may bring in ten times more clicks per day than your ad on a shopping search engine, but you’re going to see about the same number of sales resulting from those clicks. And with the shopping engine, you’re only paying for one-tenth of the clicks.

Walking the Walk
Opening an E-Biz isn’t a magic bullet, or a quick fix for all your financial woes, but it is a low-risk, low-investment opportunity for anyone willing to do the work. The key is to set realistic goals and take practical steps to make them happen. As Fennell points out, “It takes consistency and it takes time, but it can be done. If someone is prepared to study, to apply the things they learn, and – most of all – to stick to it, they can build an online business and be very successful with it.”


BIOGRAPHY: Product Sourcing Radio is Created and Hosted by Chris Malta and Robin Cowie of WorldwideBrands.com, Home of OneSource: The Internet's Largest Source of Genuine, Factory-Direct Wholesalers for online sellers. Click Here for more FREE E-Biz & Product Sourcing info!

4 Rules for New Entrepreneurs - Practical Tips for Starting Right

by Chris Malta & Robin Cowie

If you sell on Amazon®, Yahoo!®, eBay®, or your own website; a Worldwide Brands Membership is the ONLY Source you’ll ever need. It’s a great time to be an entrepreneur—in the last decade, technology has leveled the playing field and propelled an entrepreneurial revolution. As an entrepreneur, you now have more access to information that enables you to make more intelligent choices more quickly. You have an advantage over big businesses in that you’re lighter, more flexible, and faster on your feet. You can target new markets more quickly, and you can turn on a dime. But being a successful entrepreneur requires that you look at the big picture and follow a plan through from beginning to end. Rieva Lesonsky, editor-in-chief of Entrepreneur Magazine gives some practical guidelines that can help you when beginning your own enterprise: 1. Don’t Quit Your Day Job. Consider starting your business part-time, especially if it’s online, while you’re working and have a steady income. It usually takes six months to a year to get a business going and you don’t want your ability to make your house payment to hinge upon your company being an overnight success. Start with what you can manage, financially and time-wise, and scale up as your business grows. 2. Find Your Niche. The days of general stores are over. Particularly online, consumers are looking for stores that specialize. You have to find a need—something a specific group of people want, but can’t get at the big chain stores—and fill it. Advises Lesonsky, “You can’t compete with the big guys, so you have to find where the big guys aren’t and go into your niches.” 3. Have an Online Presence. Even if you’re not planning to start an online retail business, consider that the internet can still play a valuable role in your company. Having an online presence eliminates the limitations of physical location and broadens your customer base by, literally, millions. It’s also a great tool for promoting yourself and letting people, even in your own area, know that you’re there, and what you’re doing. 4. Refuse to Quit. Successful entrepreneurship requires creativity, energy, and a drive to keep going when you fail. Few people realize that before Bill Gates created the extremely successful Microsoft 3.0, he created a Microsoft 1.0 and 2.0, both of which flopped—but he kept at it. And that determination and refusal to give up is what will separate successful entrepreneurs from unsuccessful ones. Says Lesonsky, “Arm yourself with optimism to get beyond the ‘No’ or the trouble. There’s nothing wrong in failure—just don’t repeat the same mistake!” BIOGRAPHY: Product Sourcing Radio is Created and Hosted by Chris Malta and Robin Cowie of WorldwideBrands.com, Home of OneSource: The Internet's Largest Source of Genuine, Factory-Direct Wholesalers for online sellers. Click Here for more FREE E-Biz & Product Sourcing info!

Mike Filsaime, The Butterfly Marketing Course Announcement

I was going over Mike Filsaime's Butterfly Marketing Course details to form a "straight" opinion for this blogs announcement and review. What struck me instantly was the long list of testimonials. What was interesting was not just the long list of testimonials, but rather the fact that this list contained the 'who-is-who' of the online marketing world! Almost all the 'famous' big guys of internet marketing had something to say about this Viral marketing course. The product's slogan actually calls it "The Viral Marketing Experiment"!

Hey guys to me this doesn't sound like a marketing experiment. I am calling it "the viral marketing reality"! Check this: if your problem up until now has been finding the right tools for making money online from a serious small business then this is worth checking out.

The Butterfly Marketing is a step-by-step viral marketing course. It is a multimedia accelerated learning program and software for you to truly create an online presence and to make money online. It is not just for those who are sick and tired of seeing some marketers making money online and they are not. It is for everyone who believes they can make money on the internet.

By the way the real focus of Butterfly Marketing is on starting a small business online with the ability to have a huge list of customers. Ahh yes, you guessed it, I am referring to list building. This is the river of online survival. Yes you have heard it over and over again, "the money is inb the list". But do you know how to create one? I mean one with true opt-in? One that will be a real asset to your money making business. If this is your focus then team up with the guys at Butterfly Marketing starting right here.

By the way did you know this FACT: 97% of marketers making over $10,000 per month online have their own products, membership sites, or both!

And oh, please do not be discouraged by the price, because you know the saying, quality is valueless, go for the value. Butterfly Marketing is well worth the value.

When you have setup your membership site or when you begin your opt-in list, please invite me. I will be glad to give you support.

To your money making business success. START HERE NOW.

PayDotCom.com is ROCKING the marketplaces! Really ... ?

Hi everyone! It's TheWordSmith here..., with another announcement!

If you are familiar with Clickbank.com (R), or even if you are not but you want to make profits online, then you will want to check this out ASAP ...

There are some of you who say well you like Clickbank, and they are a great marketplace... but they are limited to many restrictions to sell products or earn affiliate commissions...

Well, there is a NEW SERVICE now... and it appears to be great and it is a new and FREE marketplace where you can sell any product you want.

Your OWN product...

- OR - (the best part)
You can become an INSTANT Affiliate for ANY item in their HUGE marketplace. It does not matter which country you are in, there is no restriction on this too!

The new marketplace is called PayDotCom.com! Did I mention it is 100% FREE to Join? You bet it is! With PayDotCom you can Sell Products Online or join the Affiliate Marketing program and best of all you can now effectively utilise your PayPal account if it has not been that active lately in receiving funds!

In my opinion this site has the potential to KILL all other marketplaces and by now almost EVERY SINGLE SERIOUS online marketer has an account with PayDotCom.com or they are seriously thinking of switching. You should too.

So rush there now and see how much they offer...or even GO SIGN UP NOW!

OH! - Also, PayDotCom.com have introduced their own affiliate marketing program that pays you HARD CASH to your PayPal account just for sharing the site with other people.

They give you cool tools like BLOG WIDGETS, and they even have an advertising program to help you get traffic to your site.

You want an ARMY of Affiliate Marketing troops to Sell Products Online for you? PayDotCom.com is the place. They also allow you to have Free placement in their marketplace!

Even better... If your product becomes one of the Top 25 products in its category in the marketplace (not that hard to do)...then you will get Free advertising on the Blog Widget which is syndicated on THOUSANDS of sites World Wide and get Millions of impressions per month.

I hear PayDotCom.com is ROCKING the marketplaces!

Go on check this out NOW!



Get your FREE account now...

Thanks. To your success and prosperity.


P.S. - Make sure to get your Account NOW while it is still Free to join.