How to Become an Entrepreneur

If you are like most SaleHoo members, you will want to turn your online retail business into a full time income earner. However, forgoing a steady pay check is a scary thought. So when is the right time to quit your day job and start working for yourself? Below I have outlined a 3 step plan to help you determine when it’s the right time for you to quit your day job. Make sure you check it out before you go making any hasty decisions! Step one: Understand that working for yourself is still working As an online entrepreneur, it’s far too easy for you to dream up a picture in your head about sleeping in, playing with your kids, catching up on day time TV and doing a couple of hours of work per day while earning a full time income. You might be lucky enough to have a business model that will allow this, but in most cases, to generate a good income, you wil

One of the best ways that you can maximize how much you earn from your business is to increase your productivity. Ever since I was a college student, I’ve always calculated the amount that I earned per hour from selling items online. For example, if I made $300 one week for doing five hours work, I would divide $300 by 5 (the number of hours I spent earning that money) to figure out my hourly rate (which would be $60 per hour, in this case. Not bad for a 19 year old student!). Admittedly, one of the main reasons I did this calculation was to make sure that I was always earning more than I could if I chose to do a ‘normal-person’ job to get me through college, like waiting tables. Not only did I have a great time bragging to my dorm mates about how much I was earning (I was 19, cut me some slack), but it also forced me to make sure that I was always productive with the time I spent

Hey you! Yes, you, lurking around our site, reading all these fabulous blogs, and picking through the supplier directory, but never actually doing anything useful like, oh, I don't know, selling something on eBay! We have set up this amazing and easy-to-use site so that absolutely anyone can learn how to make money online, and that includes you! So, tell me, or at least think about it; why did you join SaleHoo? Were you tired of your boring job, your nagging boss, your early starts, being away from your kids all day, or were you simply looking to make some cash to buy yourself a new car, or go on vacation? Perhaps you have forgotten why you joined SaleHoo altogether? The truth is, we can spoon feed you all the information you need, we can tell you the hottest tips on selling on eBay, and we can give you access to the best suppliers available online (and we do!), but only you can ta

Globally, points-based rewards programs are the most popular. Shoppers can earn points on purchases that can be redeemed for discounts and other perks.

One of the best customer retention strategies for eCommerce is creating a personalized customer experience. This means tailoring your offerings to each individual's needs and preferences.

Are you looking for top PayPal alternatives for eCommerce? This is a list of the top 10 payment platforms today. Your online payment system could spell a massive difference in the success of your business.

Key Insights: Strategic Sourcing: Leveraging bulk orders, building strong supplier relationships, and direct sourcing from manufacturers are key tactics to secure the lowest wholesale prices and maximize profit margins. Relationship Building: Consistent communication, personal touches, and cultural sensitivity with suppliers—both domestic and international—can lead to better pricing, priority service, and exclusive deals. Direct Manufacturer Deals: Sourcing directly from manufacturers cuts out middlemen, offering the lowest prices but requiring large orders, quality control, and complex negotiations. Have you ever wondered how your competitors manage to undercut your prices, offering the same products at just a few dollars less? The answer isn't as mysterious as it might seem—they're simply securing better wholesale prices. This advantage

💡 Tips for using ePacket in your dropshipping business: Choose Lightweight, High-Value Products: ePacket is ideal for small, lightweight items that fit within the service’s weight and size limitations. Focus on products that are easy to ship, ensuring they don’t exceed 2 kilograms in weight or $400 in value. Leverage Tracking for Transparency: ePacket offers end-to-end tracking, which you should use to keep your customers informed about their order status. Providing tracking information builds trust and reduces customer anxiety about delivery times. Communicate Potential Customs Fees: Be transparent with customers about the possibility of customs duties or taxes when using ePacket. Informing them upfront helps manage expectations and avoids surprises at delivery. As eCommerce continues to flourish, dropsh

💡 Key Insights: Proactive Communication: Informing PayPal about large transactions in advance can help prevent your account from being flagged and frozen. High Risk of Stealth Accounts: Stealth accounts can lead to permanent bans and legal issues, making them a poor alternative to legitimate practices. Diversification is Key: Relying solely on PayPal is risky; integrating multiple payment processors reduces dependency and offers customers more options. A frozen PayPal account can be a nightmare for online sellers. Whether you're a seasoned eCommerce entrepreneur or just starting, the sudden inability to access your funds can halt your business operations and create significant stress. Unfortunately, as many sellers have discovered, PayPal's stringent security measures sometimes result in accounts being frozen with little warning. In this guide, we’ll d

AI tools can help you with everything from finding what products to sell to writing product descriptions to managing inventory.

E-commerce is booming. Nearly 20% of all retail sales now take place online. If you want to get involved with an exciting, growing industry, e-commerce training is the fastest way to do it. But you need to choose a course that is right for your budget and experience. In this guide, we’ve compiled a list of the 15 best e-commerce training courses in 2024. We’ll also cover the benefits of e-commerce training and what to look for in a course. By the time you finish this guide, you’ll be ready to take the next step. Let’s dive in. Benefits of Taking E-Commerce Training? An e-commerce course is the best way to fast-track your store’s growth and avoid the common mistakes that can derail a new business. Here’s a breakdown of the most common reasons a new business fails: An experienced course instructor can help you overcom