Need help with steps for starting an online business

Full Member
Posts: 4
Joined: 01 Sep 09
28 Sep 09 06:45:12 pm
Ok, here's my dilemma. I have been a member of SaleHoo for a few months now, and have tried to find my niche. I am a very focused and motivated person, but I can't afford to waste any money. I've been draining my mind on what to sell, how to start an online store without the products, finding my niche, and then generate some income. I have been struggling with these decisions , and know that I need help. I have been trying this without seeking much help, wanting to accomplish this goal and have that feeling of wow I did it, but I am letting my pride go. Is there any guidance out there that can really benefit me. I mean something that is going to actually work if I put the right time in, and the steps of what to do? I thought about the ebooks and think it sounds great, but then again, I don't want to put another $70 into something if I'm not gaining from it. At this point not sure to throw in the towel with SaleHoo, because it's really not what I thought it was. I thought SaleHoo had already done the hard work and I would have to just spend time researching the right product, but it seems though I still have to make sure the supplier or wholesaler is ok, and I also thought there were more of a margin for error on the savings with the suppliers. Any direction to help me put myself at ease would be appreciated. Thanks in advance, Motivated23. By the way, my email is Link hidden: Login to view if you want to contact me.

Full Member
Posts: 1778
Joined: 02 Jun 09
5 Oct 09 12:16:25 am
Hi motivated23,

A great way to find niche markets and hot products to sell is by selling stuff from around your home. There are two excellent reasons for starting out in this way:
(1) Feedback is hugely important for any eBay seller. With a feedback rating below 10, it is going to be difficult to get people to take you seriously. The first 100 sales are the hardest as buyers look for high feedback as reassurance that they can trust the seller. Generally, the higher your feedback, the better - with powerseller status being the ultimate goal.
(2) You get to sell a range of products and see what works well. The results may surprise you! Nothing beats knowledge gained from experience and selling stuff from around the home is the best way to get it without any risk.

After some practice with goods from around the home, we recommend buying small wholesale lots of products that most people use on a daily basis. Many of these products are excellent sellers, plus they are fairly easy to get hold of. A lot of new sellers make the mistake of trying to be all things to all people. In fact, it is far better to target a specific market, e.g.

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