Make big profit

Tokyo @ Definitive asked:


I have just started my first online business and i want to do good with it. It’s a Estore and i sell thousands of various items and it’s pretty much all automated. I want to make good profit with this so i can start another business im interested in. How can i bring in profits monthly without having to invest any more of my money into this? I also signed up with Ebay so i can sell on there. I just sent in an application for Zibus.com to get more products to sell on my website and list on Ebay. It is a online dropshipper site and i thought i would give it a chance. Can someone please help me out with this. I am almost 20 and would like to make a good living by being my own boss and working my own hours. I am very ambitious and have a lot of goals in life that i want to accomplish before it is my time to go. All information is very much appreciated. Thanks in advanced for your help – Tokyo from Definitive

Category: Small Business by admin

4 Responses to “How can i make big profit with my Estore without having to invest my money into it?”

1. mrbroadbandguy, on November 18th, 2008 at 2:04 pm Said:

   You might want to partner with someone. I have an idea if you want email and I will share it with you. Im not trying to sell you anything I don’t want to share with the world but it might make your biz take off. my email is my username here at yahoo.com
   good luck

2. Joel, on November 18th, 2008 at 6:03 pm Said:

   One thing you should know, a business online is just like any other business, it will take time and work to succeed. I work online as well and make a nice side income. I can tell you that I am only where I am now because I asked questions and actually acted on advice I was given. Too many times people expect an online business to make them money within a month and without much work. It is not like that very often. I just wanted to clear that all up first.

   Ebay is a great way to start. Make sure your products are not all over Ebay though, and if they are, make sure to add something to your offer, make it different from all the others if you can.

   One thing you can do that has helped me, is to write and submit articles to article directory sites. Write about your site, write about what you know, and at the end of the article include a url to your web site. Once finished writing it (make sure it’s not just a sales letter, but good information), submit it to article directories so other users can use the article on their site. If everything goes well, you will start receiving some web traffic from those articles. But again, it will take a month or two and a few good articles to see any traffic. But this is a free method of advertising.

   However, paying to advertise will general get you more traffic faster, and probably more sales faster as well. You can use Yahoo’s Overture pay per click to advertise your site. You pay Yahoo a bit of money for each person who clicks on your ad within Yahoo. It will cost money, but if your site is good, you should make some sales. I do this with Yahoo and other sites as well.

   Making an online business profit is hard work at times. And there are a lot of ebooks out there that can help. I have only gotten into a bit about it.

   One thing you can do is to visit online business forums, where you can ask questions and get feedback from other successful online business people.

3. TradeMark Express, on November 19th, 2008 at 3:38 am Said:

   Consider signing up for an affiliate program. These programs enable you to advertise on other’s sites (your affiliates) and once a sale is made to you, your affiliates & the program are paid a commission. We use ShareASale & pay out $25 to our affiliates once a sale is made & ShareASale takes another $5. $30 a sale is a pretty small price to pay for us. And I’m sure most programs like that allow you to set the commission rate (no point in your commission being half the price of a sale for you!)

   I listed a couple of handy sites relating to marketing, promotion & advertising. I hope they’re helpful for you.

   Lastly, have you checked to make sure the name you’re using is truly available? Prior to investing your time, money & effort into a name, it is strongly advised that comprehensive research be conducted to ensure that the name you’re interested in is truly available.

   This entails searching the pending & registered Federal and State trademark files as well as the US National Common-Law files. Then, if clear, you can decide if you would like to file for a Federal or a State trademark.

   Research is needed to make sure your trade name is legally available, before opening, before expansion, before incorporation or before designing your logo. Similarities in sound, appearance and meaning affect you too!

   There are 16+ million trade names in use in the United States. Similar names matter, if close in sound, appearance or meaning. Similar names in related classes, distribution channels and customer matter too. You are affected by Common Law use (14 million), State Trademarks (500,000) and Federal Trademarks (2 million).

4. Mark Bertrand, on November 21st, 2008 at 6:14 pm Said:

   Think pennies and earn pennies. Think dollars and earn dollars. If your ambitions are to be financially wealthy you need to stop thinking pennies. Also, why would you start a sales business without dumping the majority of income into the marketing mix and advertising budgets? If you’re not willing to pay for products and services how do you think you can sell them? There’s an old adage that reads, “It takes money to make money.” Plan on two years of reinvesting 100% or more of the revenue back into the business. Plan for a strong company and high revenues and drop the “I want it all free and right now” thinking.

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