Starting an online business sounds like a daunting task. You start to think things like; I don’t know anything about internet marketing, e-commerce, search engine optimizationÂ… I can’t even create a website!
All of these, beyond the lack of knowledge of them, cost money. Something most of us don’t have enough of.
There is an online solution that bypasses the majority of what you need to start. It’s called eBay. Rarely unheard of, this enormous online marketplace is the perfect solution to starting a low cost, low risk online business.
The question is how exactly do you start an eBay business, or even start selling a few items? You would think the answer would be to go out to a Barnes & Noble or search through Amazon.com for a $20.00 how-to book for selling on eBay. However, what makes eBay even more efficient is that it is its own how-to book. In fact, the features and support provided by eBay are sufficient enough to start selling and making consistent supplemental income.
So your first step is to head on over to eBay.com, surf through the site and learn all you can and the best thing is that it is all free. Check out the Community section and you will find a wealth of information from other sellers.
After eBay has your business up and running, your next step is to search out the information that will improve your current entrepreneurial endeavor. This is where you might have to spend some money. Of course, you can use the money you made on eBay to buy a book that will improve your eBay business.
You’re in the business of making your market super efficient. eBay, as an enormous community of honest buyers and sellers, is itself a super efficient market, where sellers sell below retail and buyers get the best deal. The goal of your business should be to mimic eBay on a smaller scale.
With that in mind, finding a book that enhances your business should entail a strategic framework for your business. This includes taking a look at your business as a whole. The old adage, “You can’t see the forest for the trees” should apply. If you focus too much on certain details, you may just find your business going under fast.
In summary, browse through the eBay website, learn the most you can for free, begin to put auctions up and make some extra money. When you get used to that, use some of that extra money to buy a book to enhance your eBay business. This book should have foundational, strategic advice that will cause your business to evolve into a mini super efficient market. Then get ready to profit from you lowest cost, lowest risk, online business endeavor you have ever attempted.