Network Marketing Is A Relationship Business

Written by Kirk Bannerman


Heavily branded websites like amazon.com are household names and carry an implied trust with visitors. However,repparttar vast majority of websites are not well known and are found and visited as a result of search engine searches. In these instances,repparttar 117157 visitor is probably arriving atrepparttar 117158 website forrepparttar 117159 first time and human nature often dictates fear or suspicion ofrepparttar 117160 unknown.

If someone is shopping around forrepparttar 117161 best price for a particular item, say a Cuisinart food processor, they would probably go to a site such as Ask Jeeves (at ask.com usingrepparttar 117162 Smart Search for Products feature) and quickly obtain a list of sources and prices forrepparttar 117163 desired item. The "yes/no" purchase decision has already been made and it is simply a question of who to buy it from.

Inrepparttar 117164 case of network marketing, it is of critical importance to build a sense of trust with your team members. Network marketing is very definitely a relationship business and each relationship typically starts out with two complete strangers sitting at their respective keyboards.

Small Business Q & A: The Secrets Of Starting A Successful Ebay Business

Written by Tim Knox


Q: I hear so much about people who started selling on eBay and eventually turned it into their full time business. Is it really possible to build a profitable business just selling junk on eBay? -- Alex K.

A: If Fred Sanford were alive today, Alex, I'm sure he'd be earning his ripple money by selling quality junk on eBay. While it's also true that one man's junk is another man's treasure (I have a garage full of treasure to prove this point), your chances of building a profitable business selling "junk" on eBay (or anywhere else, for that matter) are slim to none.

While there is a lot of junk reasure for sale on eBay, it is typically sold by individuals who have "I break for yardsales!" bumper stickers on their cars and not serious business people.

For serious entrepreneurs, however, selling on eBay can be a good way to start a new business if you are willing to put inrepparttar time and energy required to makerepparttar 117156 business a success. eBay is also a good option for existing businesses to expand their reach by selling online.

Everyone from small used car dealers to giant companies like Dell Computers have discovered that eBay is an excellent place to hawk their wares simply due torepparttar 117157 huge number of folks who visitrepparttar 117158 eBay site on a daily basis. Nowhere else on earth will you find such a large pool of potential customers.

Consider these numbers: There are nearly 69 million eBay users who spend $59 million every day. Most eBay sellers are home-based businesses that sell every- thing from porcelain dolls to locks of Elvis' hair to $100,000 Mercedes convertibles to $5 million dollar vacation homes.

Every minute of every day more than 150 new items are listed for sale, more than 500 bids are placed, and seven new people register to shop on eBay.

At any given moment, eBay is conducting some 12 million auctions, divided into about 18,000 different categories.

About two million new items are offered for sale every day, and 62 million registered users scourrepparttar 117159 site to find them. One company is grossing more than $5 million dollars a year selling brand new pool tables on eBay. Their eBay store is so profitable that they have closed their retail location and now sell solely online.

That's right, $5 million dollars fromrepparttar 117160 sale of pool tables: proof that you can sell just about anything on eBay if you know how to do it.

Be aware, however, that eBay is no magic bullet. As any eBay Power Seller (a seller who sells a minimum of $10,000 in goods per month) will tell you, building a profitable eBay business takes hard work and requires long hours, and oftenrepparttar 117161 financial rewards do not make it worthrepparttar 117162 effort spent.

When it comes down torepparttar 117163 mechanics of it all, running an eBay business is no different than running a brick and mortar business. You still haverepparttar 117164 same considerations regarding product selection, inventory purchasing, product pricing, inventory management, order processing, fulfillment, customer service, etc.

You must also considerrepparttar 117165 legal and accounting aspects ofrepparttar 117166 business. Just because you're selling online does not mean that Uncle Sam won't expect his piece ofrepparttar 117167 pie. Revenue generated by an eBay business is just as reportable and taxable as revenue generated from a brick and mortar store. And if you sell to customers within your state you may also be responsible for collecting city, county or state sales tax.

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