Since starting our website the most frequently asked question has been: “What is the best online business for me to become involved in?” This question is asked by people that are looking to better their lifestyle by seeking to increase the income available to them and their families. It is a fair and honest question to ask and deserves a fair and honest answer.
Our answer to all people new to internet marketing is eBay. Whether you are seeking to make a couple of hundred extra each month or a full time business making $10,000 or more each month you still cannot ignore the benefits of eBay as the foundation for your online business.
Let us start by asking the simple question: “What are the things an offline, High Street, business needs to succeed?” Then compare this with an online business. To succeed in a High Street business you need the following:
- Stock.
- Professional display.
- Advertising.
- Sufficient trained staff.
- Clean and attractive premises.
- Adequate numbers of potential customers walking through your door.
These are just the basic things you need to avoid going broke like more than 50% of people that attempt to run a High Street business. As you read the above items try putting a price to them. Like $50K for stock, $50K each year to advertise, a lot of cash to train your staff, cleaning and presentation costs. All of this must be spent first to give you a chance of drawing customers through the doors.
Now let us look at eBay:
The cost to sell is minimal; it attracts millions of visitors each day at no cost to you. You do not need to hold stock and you can easily open an account with both eBay and Pay Pal.
About the Author
David McCarthy can be found at http://www.ayecasher.com/
Excellent post on ebay
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