Although there are advantages to selling your own proprietary products and services, there are also drawbacks. For example, the time and investment required to produce your own book, invention, or other product could mean a long delay in receiving profits and cashflow essential to your business survival.
For this reason, you may decide to sell other people`s products and services, either exclusively, or to complement your own product line.
You could stock an entire retail store with products, buy a franchise or other business, or obtain a distributorship or dealership. However, this could require a substantial financial investment.
Here, then, are just a few, low-cost ways to profit from selling other people`s products and services.
1. Commission Sales
Act as a sales representative or agent of a company and sell their products or services for a percentage commission of the sales price.
Many companies on the Internet offer associate or affiliate programs that you can join to earn commissions selling their products and services. Sometimes you can even make money from the efforts of other affiliates who sign up through your...