Overcoming your fears with starting a new online business can be a challenging time. You will have many thoughts passing through your mind,such as:-
Is it true or is it a scam.
Does the product produce expected results
How can I sell the product
Who can I sell to
Will I make money
What will my Friends and Family think
How can I find the money to start.
Who will support me
What if I fail
You need to carry out due diligence, this generally means checking how long the company has been in existence, what is the track record of the people, running the business , carry out searches on Google and generally avoid new start up companies.
Many people choose the Multi Level Marketing (MLM) route. Which is both popular but also likely to fail due to over priced products, leaving distributors with a stockpile of products which they are unable to sell to friends and family.
There is an easy way to check on the value of a product by searching on the likes of Amazon and E bay for the products you are looking to sell and see what price they can be brought at auction. If the auction price does not reach the price you have to pay as a distributor you are likely to have difficulty finding customers.. Some MLM companies restrict you from selling online as they know their products are overpriced in order to pay commissions.
I would not suggest selling to friends and family unless the product provides a solution to their particular needs, a few might buy because they feel sorry for you but you can lose many friends.
Gather as much information about the products you are going to be selling, looking carefully at testimonials, as well as using the products yourself, this helps you speak from the heart when talking to potential customers.
The truth behind success begins with having a good product and being able to market it to potential customers at a price they are prepared to pay. Few people have experience of marketing, however having access to the right tools could be the difference between success and failure. You see all companies offer you a website but how do you get people to go to it.
I am a member of a social/ business network called MarketHive, which I invite you to join for free as it not only has the ability to promote your products, but we have experienced marketers who will help you be in profit within 30 days. Gone are the days of having a sponsor who starts you off makes money from you and then leaves you floundering. We can show you how to put you products in front of millions of people on social media.
If your start up finances are stretched we have a turn key solution. Feel free to contact me
Helping People Help themselves.
Alan Zibluk – Markethive Founding Member