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Posted: 2006-09-11 / Author: Jason Collins
Easy Business May Be The Hardest Of Them AllIf you have a deal with a company that tells you that you can
sell their products without needing to be a legal business with
a federal tax id number or a reseller’s permit, then you are
spending a lot of time for very little.
It is nice to throw up a few ads for a company and sell a few
products for them and get paid for it without having to deal
with customer satisfaction, a bunch of legal paperwork, and
merchant accounts. All you have to do is set back and wait for
your check to come in the mail. Doing this will not make you
rich and at the same time it probably isn’t really making you
much of anything for the amount of time you have invested into
promoting this companies products.
I know this because you are dealing with a middle man and the
prices you have to sell these products for leaves you very
little profit when you see that there is a lot more people
selling the same products for less than you were told to sell
it at. Think about how many more people are selling those same
products in the same market as you for the same company. Unless
there is a high demand for the product you are promoting, let’s
face it; you are not going to make much if anything at all.
These companies show you testimonials from clients who probably
receive some sort of special discount and have made a decent
chunk of money in the last couple of months. They want you to
think it is easy and that everyone is doing it so that you will
try and make them more money.
The internet is a competitive market with larger companies
selling products with huge advertising budgets down to even
smaller eBay power sellers with personal websites that have
perfect customer satisfaction. These companies are guaranteed
their return business because they have a targeted customer
database to promote to. People will always pay a little more to
buy from someone they trust. It takes a lot of time to build a
good reputation and keeping in contact with customers. I know
from my own experience that over 50% of my sales for each
product were from customers who have bought from me in the
past. All I had to do was send them an email promoting my new
product and since the trust was already established a lot of
them purchased it.
You will never make any real money unless you do it the way
that everyone else does it. Start a real legal business, find
products from a real wholesale supplier, and start building
your reputation threw customer satisfaction. After you have
done that then you are set and you have the power to make money
with very little effort. It takes a lot of time though, and hard
work before you can reach this level. Most people have asked me
what they need to do to get a legal business started and in
response to that I am going to share a book written by Chris
Malta of Worldwide Brands that explains the process of getting
a legal business established. This book covers everything from
the business entity types, business bank accounts, merchant
account, federal tax, and state tax. This book is available for
download from my site for free.
Do not look to the search engines for products to sell. Once
again you will find nothing but middle men who are targeting
you as a potential client. Real wholesale suppliers do not have
a budget to advertise there company to small business owners and
home businesses. You will not find them listed in the search
engines. What you have to do is called product sourcing
research which you can find information about from my website.
Building your reputation is what makes sales happen. You will
never make much if anything at all unless you do it the right
way like every other business in the world. You must be
dedicated and do things the hard way now so that it is easy
later on. Success does not happen over night and is never an
easy road. You must climb the mountain before you can rest at
the top.
About The Author: Jason Collins - Expert in Product Sourcing
Wholesale Suppliers for Home Business. Market Research Analysis
of growing trends and competitive strategies.
http://www.sellersreference.com
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