Thursday, May 21, 2009

Part Time Business Online...Learn the Hot New Trend and Why Everybody is Doing It

By Sambi Ojon

You know those mornings when you wake up and do not fancy the trip into work. When, if you could you would opt to stay at home with the kids but are mindful of wanting next month's paycheck you force yourself out of bed anyway.

Bear in mind that an online income venture is not for everyone, so if you do start something start small. If you do your homework well enough (this entails researching product types and various online business models) it is possible to realise a small profitable return to your initial efforts rather quickly. When you do get to this stage, all you have to do is scale your efforts in a much bigger. You can do this by either volume or injecting money into it (because you have already found your winning formula you can now create many small income streams doing the same thing or you can decide and invest more money to gain a chunk of the market that you are targeting).

In my opinion the best home based business to set up on a trial basis would be any drop shipping venture and the reason for this is simple " it entails hardly any costs at all. Depending on the type of product you have decided to sell, from purchase of the domain name to configuring of your online store it is possible to receive your first online dollar at the end of 30 days. Once you know that you are doing things right just repeat the process again and again and that money will start piling up.

Other unavoidable costs would include a laptop with a broadband connection, a printer and creating some space on the kitchen table. With these two physical things you can be up and running, earning from your online business sooner than you think possible.

A drop shipping business is when the product manufacturer / wholesaler takes care of all the shipping for you. Rather than ordering stock in bulk, the stock remains with the distributor. Then, when you make a sale through your advertising efforts, you send an email to the distributor with your customers details and they pack up the item and send it straight to the customer with your company label on the box.

When drop shipping there a few things that are worthy of taking note of so you are properly informed,

Drop shipping Pros : 1. You do not have to fill up your living room with stock and packing materials. You can literally commute from the bedroom to the kitchen table and turn on the laptop and you're ready for work. 2. Drop shipping means you don't have to pay a carrier to bring stock from the distributor to your own storage area, which can mean big savings in the long term. 3. You don't have to organise the packing and posting systems nor do you have to drive to the post shop each day to post your packages. This gives you a significant increase in time to spend on other tasks such as marketing and communicating with customers.

With such a simple and cheap start up process it is no wonder that drop shipping is becoming the business system of choice for most internet entrepreneurs. Done properly within 4 weeks you can very easily be buying your friends drinks when next you all go out.

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