Many people these days are looking into starting their own ecommerce business, or looking into expanding their existing business onto the web. Once they get this idea they go online and research for hours on how to run a successful business online and most of them come up with junk like, I made $20,000 in my first month, now I am on vacation and still making money off my website. These places also state you can be really lazy and do minimal work while becoming filthy rich. Well these websites are wrong and must be avoided at all costs.
Starting an internet business is just like any other business. It takes hard work. You can not just sit around doing minimal work and expect to make a decent income. It will take much of your time getting to understand the world of ecommerce at first as well as finding your niche. Heres a few tips on how to run a successful internet business.
1. First you must find out exactly what products you want to sell.
Try to find products that everyone and their moms arent selling. Find a line of products that are in high demand but very few suppliers of them if any. If you find this (which most people dont) you just took a...