Internet Malls And Yahoo Stores
Use an Internet Mall to start your home business with very little money.
How To Make Money With An Internet Mall
To make the most money on the internet, put your store where the people are. And better yet, put your store where people are buying. Put it in an internet mall like Yahoo Shopping.
And here is how to do it.
Online shopping malls and offline shopping malls are structured the same and use the same techniques. There is a main store that attracts buyers. And around that main store are many small specialty shops that provide good service. The buyers come to the mall with money in hand and ready to buy. The small shops have a built in and steady stream of customers that visit the mall. They don't have to wait to make sales. They don't have to do a lot of advertising. As soon as the mall opens, they start making sales.
There are many internet malls. They are places that people go to search for products that they want to buy. The malls are filled with buyers. When you have your shop in one of these malls, your chances of success are high. And you can start making a lot of money quickly. So it is best to pick a mall and start there. We recommend Yahos Stores as a good starting point. It is easy to make a few hundred dollars in the first few days that your store is on line.
How To Build A Store On Yahoo.
Go to Yahoo Store, and open a free "test drive" store. Play with it until you have it set up the way you want. To do this you have to give Yahoo a credit card number. But there is no problem because if you send them email before 25 days has passed and tell them that you are not interested in the store, they will not charge your credit card.
When you have your "test-drive store" just the way you want it, pay Yahoo the required low monthly fee to open it. When you do, you can access and edit your store from anywhere on the Internet. The Yahoo Store Manager gives all the tools that you need to make it easy.
But most importantly, 24 hours after you put a product in your Yahoo Store, it is available to millions of shoppers that visit Yahoo Shopping. They see a picture, description, price and everythng in your store. There are no banner ads, no email campaigns, and you do not have to worry about search engine positioning. Because smaller stores are more effective, it is probably best for you to open 50 item stores. Focus on a single product line and market to a niche. By focusing you build your reputation, your expertise in a given area and position in the search engines that will send you more traffic. And because you are focused, you can give more and better information to buyers. That will bring them back to buy more.
But don't limit yourself. Once you get comfortable with your first store, you can grow by opening a second, third and more stores on Yahoo and other internet malls. Using the profits from those stores you can go on to open your own independent store, but always consider what Yahoo type services provide you. People know them and visit them to buy. Millions of people visit them to buy something. And that is what you want. You want buyers and not visitors. And that is pariticularly important when you are starting up. You need people ready to buy now.
If you have never visited Yahoo stores, you might want to look at them now.Click here. A second browser window will open on your computer screen so that you can return to this page.
Practical Considerations
Once you have the concept, you need the products to sell and the techniques necessary to sell them. Lets start in this lesson with solving the techniques problem. (In a future lesson we will show you how to add products to your internet mall store without having to buy inventory.)
Techniques
After your visit you will see that Yahoo gives you the tools, but it is a little shy on giving you're the techniques that you can use to be successful. In fact, some people find things a bit confusing. So they leave and miss great opportunity. But you don't have to.
The fastest and easiest way to use Yahoo Store is to follow the example of someone who has sucessfully used it. Audrey Kerwood and Andy Jenkins have a Yahoo Store that currently earns more than $100,000 per year. In their book, : "Yahoo Store Profits; A Step By Step System". they take you through every step they used to get there, from Concepts to Marketing to the real step by step "nuts and bolts" of creating and running your own Yahoo Store, just the way they did it.
We personally recommend Yahoo Store Profits as a book that no web site owner should be without! Click Here to check out Yahoo Store Profits!
Review
Use an internet mall to get started.
Focus and open a store with about 50 items.
A recommended starting internet mall is Yahoo.
Before you waste time and spend a lot of money, do your homework and read Yahoo Store Profits. Click here.
Free Business Startup Course
Lesson One - The choice between the inventory, fulfillment or drop shipping business models. Learn the pros and cons of using each type business model and how you can use them to your benefit.
Lesson Two - A detailed explanation of how drop shipping works. Review a drop shipping case study that shows you how to sell without inventory.
Lesson Three - How to start your own home business using drop shipping. Sell from a home computer without inventory.
Lesson Four - How to use drop shipping to sell your products in a Yahoo Store.
Lesson Five - How to use drop shipping to sell your products in an Amazon store.
Lesson Six - How to use drop shipping to sell your products on eBay.
Lesson Seven - Where to get products that you can drop ship. Learn how to buy factory direct and from drop ship wholesalers.
Lesson Eight - Setting up your sales program. Now turn your knowledge into your own profitable business. Learn the simple steps that people who understand drop shipping use and how they sell using the internet. Having read the first seven lessons you will be prepared for this and be ahead of your competition.
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