How to Sell a Product Online
Online retailing or eCommerce as it’s more commonly known, is a rewarding business. There are many people who are making substantial incomes by selling products and services online and many others making nothing at all.
Like any other type of business, you need to have a plan in order to get started. You can’t just jump in and hope things work out because many fail before they even get their first eCommerce site off the ground.
But what if you could build an eCommerce site that makes you say, $1,000 per month, (that’s $12,000 a year). I am sure you would say this would be an ok amount for a part time hobby and a pretty good idea.
What if you could build a number of them, an entire website, or a bunch of websites, and turn those into cash flowing assets that continue to pay you thousands of dollars a month for the next 4 to 7 years, or longer?
Why an eCommerce Business?
The internet is killing traditional retailing…
It’s no secret that the internet has radically changed how we shop. These days, you can buy almost anything online with a few clicks of a mouse. Because of this, less and less people go to malls and department stores. That’s obviously is bad news for retailers that depend on foot traffic.
Of course, online shopping didn’t just suddenly sneak up on traditional retailers. It’s been steadily building since the 1990s.
But here’s the thing…
Most traditional retailers have underestimated the power of the internet. They didn’t adapt to it. Now they’re paying the price. Just look at these examples of some of the major retail stock prices that have plummeted over the last three years.
- Macy’s is down 45%
- Sears is down 72%
- J.C Penney is down 25%
- The Gap is down 42%
- Urban Outfitters is down 33%
Whereas, Amazon, the world’s biggest online retailer is up 130% since March 2014 and business online, globally is now in the billions of dollars annually.
Would you Like a Piece of this $400 Billion Market?
Estimates are, that during the year 2017 online retail sales will continue to grow to $434.20 Billion Dollars. If you doubt these numbers then take a look at these online retail growth stats:
- 2001: Alibaba.com achieved profitability
- 2002: eBay acquires PayPal for $1.5 billion
- 2003: Amazon.com posts first yearly profit
- 2009: Zappos.com acquired by Amazon.com for $928 million.
- 2010: the United Kingdom had the biggest e-commerce market in the world (per capita spend)
- 2012:eCommerce topped $1 trillion for the first time in history.
- 2013: Alibaba’s e-commerce market share is 80% in China
- 2013: India‘s e-commerce industry has grown more than 30% from 2012 to $12.6 billion
- 2014: There are 600 million Internet users in China (twice as many than in the US)
- 2014:Alibaba Group has the largest Initial public offering in history, worth $25 billion.
- 2015:China‘s online sales reached $253 billion in the first half of the year, accounting for 10% of total retail sales.
- 2015: Amazon.com accounts for more than half of all eCommerce growth worldwide.
- 2016 :Estimated retail eCommerce sales in Brazil was, $17.3 billion.
- 2017: Estimates are that online retail sales will to grow to $434.20 Billion.
The Online Shopping Trend
As you can see, online shopping activity has increased nearly tenfold since 2000. And Amazon, now the world’s largest retailer, is a big reason why.
Important News About Amazon
Amazon’s has recently announced that its is increasing its focus on ecommerce growth and they exceeded more than $136 Billion in sales in 2016 alone and they are expecting sales to grow into over a half trillion dollars in the next decade. They are investing heavily in the infrastructure and marketing initiatives to keep customers coming back for their every need.
Why should you care?
Because you can participate in this unprecedented growth. A relatively large percentage of Amazon sellers are already generating life-changing money by leveraging the massive marketplace that is ‘Amazon‘, and they benefit from Amazon’s investments in creating happy customers and now so can you by getting involved via an eCommerce business.
Here’s How the eCommerce Business Works
You identify products you want to sell in your online store, (maybe from Amazon). Or you setup a drop ship arrangement and a discount (profit margin) with a supplier.
“Drop ship means that when someone orders, the supplier ships the item directly to your customer. When a sale is made you get the profit margin from the sale”.
You then setup an eCommerce website and promote your selected products by writing a product review or a blog about the specific product you are promoting. If you provide quality content and interesting information, you will build a following for your website and a list of satisfied customers.
Here is an example of how this works out:
Product Sells For $49.95 – (Product Cost + Drop ship Fee) $25.35 = Profit of $24.60
Watch a Video on How to Get Started
Once You Have it Set Up
So, once you have an eCommerce site set up, the best part, is you don’t have to physically stock any items, spend time packing it, or worrying about shipping it to your customer.
This is the power of eCommerce.
If you know how to leverage technology then you or anyone can build an online shopping website that can do almost everything for you.
Fortunately, many e-commerce retail websites are built on the most popular content management platform available which is WordPress.
Which is good news because it’s no longer difficult to start an eCommerce store and it can be run from the comfort of your home and if you know how to source products correctly, you won’t have any false starts.
Setting it up correctly also means you won’t even have to pay for inventory, until after a sale is made. So that means you don’t have to put money out for any products to get your business started.
The only problem is that it takes specialized knowledge to be able get to this platform and your online shop set up and working so that it will be profitable from day one.
If you are interested in e-commerce and are considering creating your own online business using WordPress, but you don’t know where to start, then I have got great news for you.
For less than
$70.00 $10.00 I can give you the solution to setting up profitable eCommerce site on WordPress with my WP Online Store Training Course.
Inside, is a 10 module video course, (that less than $1 each module) where you will get detailed training on everything you need to know about how to build a successful e-commerce store online with WordPress.
For more details click the image below:
How to Create a WordPress eCommerce Site
This is a 10 part video course in which you will get detailed training on everything it takes to launch a successful eCommerce store online!
For more details click the image below;
|How to Create an eCommerce site with WordPress|
Don’t Miss Out
Keep in mind, that every day you procrastinate, others will secure those potential customers that could be vital to your internet success and each day that goes by will reduce the chance that they will end up finding you first.
Remember that WordPress is the most popular content management platform available and most successful eCommerce retail websites are built on it.
Plus, I’m even giving you 60 risk-free days to go through this training and if you’re unsatisfied for any reason, all you have to do is contact me for a full and prompt refund.
|Take a closer look at my WP Online Store Training Course here|
Of course, if you only want to just source and promote Amazon products you can build a blog site and write product reviews. That way anyone already looking to buy a product from Amazon (a hot Prospect) will read your review before making their final decision. The idea is not to try to sell the reader, but rather give them information that will help them with their decision to buy, or not.
Build a quality review site and helps enough people and you will soon become an authority on that particular product, attracting even more readers. The more readers you get, the more value Google will allocate to your blog and the higher your search engine ranking will become and the greater your chances are of making sales.
You see people are not searching online to buy things. They are usually searching online for information and if you can provide them with what they need and satisfy them with quality content and information they can trust, then you can build a following of readers who will accept your recommendations and suggestions.
However, building a quality Amazon product review site can be a difficult and time consuming task. That was until now. Now you can learn the insider secret to building quality Amazon product review sites that will draw in readers wanting that final push before buying the product they are interested in.
Introducing Amazon Product Reviewer
For less than $10.00 I am giving you the solution to building effective Amazon product review sites that’ll draw in readers looking to buy specific products from Amazon. And again, I’m giving you 60 risk-free days to go through this program and if you’re unsatisfied for any reason, you can claim a full and prompt refund.
|Take a closer look at The Amazon Product Reviewer|
Now Anyone Can Build an eCommerce Store
Almost anyone can start an e-commerce store with either of these courses and they can be run from the comfort of your home.
Especially if you know how to source products that are in hot demand and you can, with some additional software called Jungle Scout.
With the click of a mouse, you can see the estimated monthly sales volume of any product, its ‘Best Seller Rank‘, its ‘Sales Revenue‘ and many other criteria that are critical for identifying profitable opportunities for any Amazon product that you are considering selling.
Check the demo video below:
This tool saves you an incredible amount of time. You can now focus on managing sales, or writing reviews instead of wasting time on researching what products to promote or sell. It allows you to promote with confidence any Amazon product, eliminating the need for guess work and ensuring you only select the proven winners.
You can see my review of this product using the link below.
|check out my review of Jungle Scout here|
The bottom line is that if you want a fun and simple way to make money from your computer, then Jungle Scout with either of the two products mentioned above, will be a great combination to do that.
The name of the game is focus on quality products and customer satisfaction. By promoting quality products that are first class, people will like them and will want to come back again for other purchases.
So, start with one website and focus on a particular product or niche and build as many pages and posts as you can around that. Later add other links to other affiliate products when you have traffic coming to your site (Remember you are not trying to sell them the first time they visit your site). Provide quality information and build trust and both people and Google will like you.
Need a Quality Sales Letter for Your Products?
If you are wanting to attract customers, who begin as readers of your content, then you want to be able to write well. Almost anyone can learn to write good sales letters, provided they follow a simple format. Sales pages usually follow a certain format that this can be applied to all markets. Let me share with you one technique I personally apply when writing some of my own sales pages.
If you want 99% of the work already done for you then you may want to see this. It a resource of 100 prewritten sales letters covering 100 of the most popular niches online today. Already done for you and professionally written, with just the right amount of emotional appeal and persuasion to drawn in your readers.
|Done for you Sales Letters|
Why You Need These
Why you need to seriously consider these products, is because traditional retailing is changing faster than you can imagine. It’s a perfect time to catch the next retail wave.
For example, Sears is one of America’s oldest companies, opening its first store in 1886, and the company later pioneered the mail-order catalog business. Helping it to become the world’s biggest retailer, at one point, but recently it has laid off thousands of workers and it plans to close 150 (10%) of its stores.
All because they underestimated the power of the internet. They are not alone, here’s a list of major companies planning to close stores;
- J.C. Penney plans to close 120 (14%) stores in the coming months.
- Macy’s plans to close 100 of its stores.
- Payless – 1,000 stores
- RadioShack – 552 stores
- The Limited – 250 stores
- Wet Seal – 171 stores
- American Apparel – 110 stores
- Abercrombie & Fitch – 60 stores
- Guess – 60 stores
And that’s just scratching the surface of the decline of traditional retailing. According to Business Insider, retailers nationwide expect to close more than 3,500 stores in the coming months.
As if that’s not enough, three of the above companies, Payless, RadioShack, and American Apparel, have all filed for bankruptcy in the past year.
In short, online shopping is decimating traditional retailers. Creating a huge opportunity for creating your own eCommerce business. It is easy to see why many experts are expecting online retail sales to grow by hundreds of Billions in 2018.
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