Think Outside The Box!By Robert Thompson Posted 28 Feb 05
One of things that I like to do with my spare time is visit various business forums and chat rooms. It is interesting to see what others are thinking, and once in awhile, I run across a question or post that makes for a good article.
Here is a good example from SMC Members Forum. I have changed name to protect identity and privacy of user. This post represents a very common sentiment throughout stay at home job community.
From Jennifer
I just started SMC not to long ago and I have mostly heard negative things in this forum. When I say negative I mean people who have been in 3-4 months and have not had any luck. That is very discouraging. I also noticed their are a lot of SMC members competing for business. This is also discouraging. Is there no one else that has success from this business with any marketing method? I think I'm going to ask for a refund. People these days are cruel.
Hello Jennifer,
Hang in there. You are just getting started, and you still haven't even paid for a business education yet. Once you spend a few hundred bucks on a promotion that fails to bring in a sale, you will understand why I say this. I don't think of my screwups as failures. Instead, I think of money spent as tuition for a new business lesson. LOL
Here are a few things to think about:
1. You are right about level of competition amongst SMC members. With several members selling items on Ebay, for example. Your chances of earning a decent profit there is limited by your knowledge of little things (jacking up shipping costs to cover cost of item sold, or how to effectively follow up with another offer to customers who do buy).
Regardless of whether you are selling products from a large wholesaler, such as SMC, or promoting an affiliate program, such as SFI or Empowerment, you will find this to be true.
Since competition is so heavy in more traditional venues, it is best to avoid them until you have a better understanding of unwritten rules of game.
2. Think outside of box. For example, if you develop a niche market for a small selection of items, you can earn just as much, if not more than if you were adding all 4,000 items to your website.