In order to start your
internet-based business you will need a large
supply of products. Naturally you’re not going to want to create your own
products or even ship the products out yourself; this is where using drop-ship
vendors will fulfill this task.
We recommend you
check out:
Doba
WorldWideBrands
As you locate drop-ship vendors each drop-ship vendor will need to obtain your
EIN (Employer Identification Number) in order to use their services. You can
apply for an EIN online at the Internal Revenue Service’s website by clicking
here. If you plan on running your business as a sole proprietor you may
not need to obtain an EIN. You can simply use your social security number when
submitting your information to each drop-ship vendor.
Before
heading off to apply for an EIN from the IRS, now is a good time to
start thinking about what type of business entity you would like to form:
Check
out our video tutorial on legal business structures
Or,
download the readable format if you cannot view video online
Generally, if you use a service online to form a corporation the service
provider can also obtain an EIN for you -– saving you valuable time. Or, you can
consult with your Lawyer or Accountant to help you get set up.
Step 3. Building your Online Business Storefront
Once you’ve located reputable drop-ship vendors, you’ll need a robust online
shopping cart. There are many shopping cart service providers on the Internet --
so much so that it can become quite confusing on selecting one.
Here are your choices for creating an ecommerce store:
The Easiest Way to Build an Ecommerce Store
The easiest way to build your online storefront is using an online shopping cart
provider. The benefits of using an online shopping cart provider are:
- No graphic design skills needed
- No programming necessary
- Comes with email accounts
- Comes with free store templates
- Ability to use PayPal® and Google® Checkout
- Bulk product imports and exports
- Set up drop shippers and automatically route orders to those warehouses
- Automated thumbnail image creation per product
- Your customers can create wish lists and registries
- UPS®, Fed Ex® & USPS® integration with real time rates and calculations
- Your customers can track and view order history
- Real-time inventory control
- And more!
We
highly recommend you check
out Network Solutions to help you build a great looking online store easily
Step 4. Marketing and Advertising
Once you have your online storefront set up, it’s time to start getting the word
out about your new online business. The fastest way to bring potential customers
to your online store is purchasing pay-per-click advertising. There are many
advertising networks online, but you should start out first with all the major
online advertising networks like Google AdWords, Yahoo Search Marketing, and the
Microsoft AdCenter.
Using services like Google Adwords will allow you to display text ads, video
ads, banner ads, and even audio ads. Although you will need some money to use
these services, it’s a sure fire way to bring in interested buyers looking for
your products. At first you will need to play with your ad copy and keywords to
ensure that you are converting those clicks in to actual paying customers.
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Build an ecommerce store
easily:
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Start an Internet
Business - Internet Business Ideas 
Step 1. Choose a
Niche - What Do you Want to Sell Online?
Step 2.
