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Starting a Future Multinational Business
Today's less budget but big revenue businesses includes online
stores and affiliate programs. Putting your small investments to
any of this two will surely bring you a lot of money considering
that you are good enough to identify what niche suited for your
targeted audience and place.
I will discuss Online Store for now and will leave affiliate
sections to my other articles.
To begin with, you will only need a domain; hosting and a
payment gateway or other cheaper way that will offer your
clients to use their credit card in buying some items. Once
everything is ok, then you will now need to start thinking on
what niche to target that will suit your targeted audience and
place. Mixing adult items with toddlers will surely bury your
business to nowhere. The idea here is, if you are aiming for
example an online gift shop like Mlagifts.com or FilipinasGifts.com then
better offer at least 5 categories compose of different gifts
that will be delivered to a certain place after placing the
order online from any part of the globe. I think starting to one
city or state is enough.
Do I need to have my own factory to create certain products or
contact the supplier for a discount?
A big "NO" you only need to know where to buy them before you
can offer it online. The idea is simple once everything was
already operational. Get the order online, buy the product from
a department store or if you have a contact from a dealer then
it is better since you may offer it in a lesser price or you can
get better amount of revenue, then deliver the product to the
address.
Simple thinking like this one might be a start of your success.
Who knows? You might be the future amazon.com.
About the author:
Owner of Che
ap SEO Services and optimizing Philippine
Gifts for fun.