Can you get Rich Selling Stuff Online?

But it’s important to keep in mind that it took Sheng eight years to build his business from a three-man operation in a garage to a national company with 200 employees. According to the most recent U.S. The Internet is full of small Web sites selling homemade crafts, or niche products, as well as stores for local boutiques and shops that have opened a Web portal to supplement income from their stores. Of those, more than 84,000 were single-person operations. Census data, in 2007 there were 106,065 retailers selling exclusively through electronic and mail-order sales. It didn’t happen overnight.

Make sure your product pages are detailed and accurate, and that pictures look professional. These details can take a lot of work, and may end up costing money, but they will help shoppers feel like they’re shopping at a legitimate Web site, encourage repeat business and increase sales in the long run. Display shipping and return policies prominently on product pages, and include a separate page that tells customers about you and your business. Read on for more information on making money on the Web. In 2006, Anshe Chung (the screen name of real-life Ailin Graef) became the first virtual millionaire to make a real world fortune from the online game Second Life.

Making money in Second Life is possible because Linden dollars, the virtual currency used in the game, can be converted to real dollars. Other users sell virtual clothes, pets and even in-game entertainment. Better Business Bureau. “BBB Reliability Report for Jeff Paul, LLC.” (Sept. Can Facebook Make Me Rich? And gross earnings for all Second Life players in 2009 topped $55 million. Chung made her fortune selling in-game land and custom designed buildings. Better Business Bureau. “BBB Reliability Report for Auctions for Income.” (Sept.

You’ll need to find ways to source your products, market yourself on the Web, attract customers, build and maintain a customer base, and manage a secure and reputable Web space. Who is Making Money Selling Online? One of eBay’s most successful sellers is Jack Sheng, who made headlines in 2008 when he became the first seller to earn 1 million positive ratings from buyers. In the rest of the article, we’ll talk about how to build a successful online selling business as many people have done. Who is Making Money Selling Online? As we discussed, it’s difficult to quantify just how many sellers are making a living through e-commerce sites, and just how much money they’re making.

You can do it yourself by reading books on the topic, or hire an expert to help with your copy on a contract basis. It should look polished and legitimate, and paying a professional Web designer is probably worth it. Reputation and appearances are key with Internet selling. To convince first-time customers that you’re an actual merchant and not a site looking to scam their credit card information, make sure you have good Web design. You should also have SSL (Secure Sockets Layer) protection, a form of encryption that allows buyers to send personal and credit card information securely through the forms on your Web site. You can also market yourself through pay-per-click advertising, which allows you to buy ads more affordably by using one of many ad sellers who only charge you when potential customers click on your links.

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