Home Based Business Ideas for 2009
It appears that the traditional businesses are searching for new and creative ways to lower expense and increase profits. There is no better way to increase profits than decreasing expenses? This allows you to make more money and without charging more for your product or service. This will make your online home business more competitive than an offline store.
Lets take a look at Online Dollar Stores as an example. Offline Dollar stores has tremendous expenses such as employees, storefronts, utilities, insurance and much more.
All of a sudden I launched an Online Dollar Store that has all of the same products online. I will be able to offer products at a much lower cost. This is a win-win for the consumer because they get their product online at a fair price with out the cost and time of driving somewhere to pick it up. They can save money and do something else with their free time.
The same thing it true of other themed stores,like Online Jewelry Stores. The list is endless. What is especially nice about owning an online retail store is that you can own all of the above, because you simply act as a middleman.
Once you website is up and running all you need to do is maintain it on a regular basis. Your customers go to your site, order from your site, the warehouse collects all monies owed online and they ship the product and you earn a nice income for the sale. You get to keep the difference between you wholesale cost and your retail cost. So you see once you have the websites setup you could easily own one of each.
The other nice thing about these types of Online Retail Stores is they charge a very minimal fee and you are setup within minutes with your own website. Why would they do that for such a small fee? If they can get people like you and I bringing them customers they do not have to worry about advertising, face-to-face confrontations with customers, employees, insurance or many of the other costs associated with owning a retail store front. In other words there overhead costs are greatly decreased as well.
About The Author*
Erich V Winnecke is a mentor to online income seekers and owns the Work-At-Home-Directory.Com website... which is for people who are interested in locating a work from home income source or starting a Home Based Business.
This article may be reprinted only if the About The Author's resource box is kept intact and all links remain live. All rights are reserved by the author.
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