Online Business Brain Dump - Limit Your Sources
Learn to limit the number of products and providers you have for your online business.
There are plenty of companies that claim to have 100,000 or even 1,000,000 products available for you to sell. Warning...be careful!
It is very difficult to market and advertise effectively when you have 10 products, much less 1,000.
Plus, you have probably heard of small companies who grew too big, too quickly. That can be a real problem and you certainly don't want that to happen to you.
You must stay focused! It is easier to become an expert in your field if you keep a narrow product line and focus all of your efforts on it, guaranteed. You will want to carve out a niche' market and capitalize on it.
It might seem wise to sell "everything under the sun," but it is actually better to specialize in a specific, quality product. This will be more profitable for you than trying to carry a little bit of everything in your inventory. Attempting to meet all customers' needs by selling to EVERY shopper online is crazy!
One option is to find a drop-shipping source that you can feel confident in because they dedicate themselves to drop-shipping specifically. A wonderful resource for finding drop ship suppliers who will ship the products to your customers after you've already sold the item is http://www.worldwidebrands.com.
They offer many quality products on their website, and you will be able to learn more about drop shipping in general. Many other businesses offer drop shipping services, but it is not their primary focus. Their drop shipping services seem to be a side business because their primary market is bulk wholesale.
Once you've located a source to work with, it's possible that their tools and support for their distributors are lacking.
Sometimes, these tools and support don't even exist at all! You might want access to inventory counts, online package tracking, or quality images and descriptions from digital downloadable catalogs and they may not be available.
Here are some recommended places for locating products to sell on your website:
Electronics, DVD's, Books
www.ingrambook.com www.techdata.com
Housewares, hardware
Consumables and Vitamins
www.expoeast.com www.expowest.com
Thomas Register
Drop Shipping Source
Digital Products
(Note: this article is part of a mini-course with twenty lessons. You can find that entire free mini-course here: http://brentriggsblog.com/minicourses.asp )
About the Author
G. Brent Riggs, author of "Life Without Debt", "Desperation Station" and SeriousFaith.com has over 20 years experience as an business owner, teacher, personal growth coach and mentor. You can contact him from his main website: http://www.gbrentriggs.com
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