Answer Upon
#1 in Business Subscribe Email Print

You are here: Home > Internet and Businesses Online > Ecommerce > Top 5 Dot Com Myths Debunked

Tags

  • better
  • source
  • merchandise onlinemake
  • revenue models
  • multiple suppliers

  • Links

  • Cheap Web Hosting Companies - Are They Worth It?
  • The Raccoon Dog's Plea
  • Making the Transition From Classic Marketing to Virtual Marketing for Artists
  • Answer Upon - Top 5 Dot Com Myths Debunked

    Things You Need To Know As A Online Auction Buyer
    Before you start bidding, become familiar with the auction site where you want to bid. There are many auction sites and none of them are the same. Auction sites have different rules and to avoid problems, become familiar with the each site’s rules. It can save you from headaches, frustration, and problems later. Make sure you get informed; it's worth the time and effort.Find out what kind of protection you have as a buyer. Each site is different and many sites offer guarantees and protection.. If you are not sure of your protection and rights as a buyer, then send an email and ask.You should always know what it is that you are bidding on. Look at the pictures, read the descriptions carefully. If you still don't understand and are still unsure about what is being offered. Then it may be better to look at another item. If the item has no picture listed, it's better to keep looking and find something else. Always read the fine print, look for words such as off-brand, close out, discontinued, refurbished. Sometimes this information is not even on the auction site. It will sometimes first appear on the sellers online store. If you don't take time to READ, you may order, or bid, on something that you really didn't want to buy in the first place. That's why you need to be sure you know what is being auctioned and not just "pretty sure" you know. All sales are final. When the auction is over, it's too late to start asking questions.Find out what you can about the seller. Know the person that you are dealing with. Get at least an email address , telephone number, address and full name. Call the numbe
    for Your Online Sales
  • Starting An E-Commerce Business
  • How Much Is Your Website Worth?
  • Managing Project Risks and Issues
  • Porter's Five Forces Model and Internet Competition
  •  

     

    This article has been viewed 506 time(s).
    Article Submitted On: February 05, 2005



    Please Rate This Article:  Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 How Can You Work From Home Using Internet?
    Now days, more and more people are choosing to work from the comfort of their own homes. There are more online opportunities than ever and anyone can learn how to use the internet to make money. One great way of earning online is sales. You can build your own website from scratch or join a multilevel marketing program. MLM, or Multilevel Marketing, means selling products or services via independent distributors. These distributors build the own sales force by recruiting others, showing them how to sell the products and encouraging them to recruit. Anyone below you is called your downline and you will make a percentage of revenue from their sales too. The good thing about MLM is that you are joining an existing program and will receive help and support. If you are creating your own website from scratch and sourcing products, this will take longer to set up and get off the ground.As with any other business opportunity, there are both advantages and disadvantages to working from home. First of all, if you want to choose your own working hours and fit them around your children and other obligations, this will be possible to an extent. If you want to miss rush hour traffic, exhaust fumes, the rising cost of gasoline and the rat race at the office – this is also going to happen. When you do start working from home, for yourself or for an online company, it might take a while until you start earning good money from it, so be prepared for that. The main thing though is flexibility. You can work when you want, where you want and as hard as you want. If you have commitments such as children, you can spend more time with them rather

    Most people who get into business know what's involved. They have completed hours of research before getting into it. That's great! Even so, we may still have some myths that need to be debunked. Now and forever. We all may have some lingering ideas; after all many have these myths are quite tempting. However, it's important for serious business owners to quickly get them out of the way so some really forward moves can be made. In the world of the Internet businesses, the industry is rife with myths that ultimately can be as harmless as a distraction or as worse as a serious loss in capital, which could ultimately lead to business failure.

    There are many persistent myths out there but we'll go over the most popular ones.

    1. You don't need money to start! This type of claim coupled with you can make thousands in a few weeks or similar statements have misled many. Although there are some solid marketing techniques that may not cost you anything, it's unlikely you can start a profitable e-business without a dime.
    2. You can get by on free advertising alone. One of the great things about the Internet is that it dramatically reduces startup and overhead costs, including advertising. There are loads of free classified ads costs, but based on my own research most of these sites produce little or no traffic. Majority of the people who visit these sites are just placing their own ads and are rarely interested in spending any money on your product or service. The same is true for "free-for-all" link pages. Once you've decided to become a serious e-business owner, you need to step up your game. The idea of getting something for nothing is just as unrealistic online as it is offline.

      Some legitimate free advertising that you can use include link exchanges, banner exchanges, article submission, ad swapping with other e-zines, and forum participation. There are other types of course but the above list gives you an idea. In the case, you are specifically targeting people who are interested in your product or service. Remember prospects, not suspects.
    3. You don't have to deal with people. Many novice small business owners think a few auto responders and occasional e-mail will help them avoid the tedious task of customer service. E-businesses have much lower customer service expenses than other types of businesses but it doesn't mean you don't want to provide your customers with options. It's a good idea to set up a special phone number, during specific hours where your customers can reach you. Even if you have to start with just a voicemail, it's a start.
    4. You can get rich overnight. There is no other way of doing business than over the Internet that offers such a great promise of wealth. The costs of a start-up e-business are minimal but it doesn't mean that the dollars will pour in. Like any other businesses, success depends on effort, the execution of solid marketing strategies, and most of all a great product or service.
    5. You don't need to be knowledgeable about traditional business practices. People sometimes have the misconception that running an Internet based businesses is completely different than other types. Although e-businesses have their own set of rules, for the most part traditional business practices will go a long way. Regular visits to the Small Business Administration (http://sba.gov) will have novice business owners get their bearings.

    This is not a definitive list but it shows some pervasive myths that can potentially get in your way on the road to e-commerce success. Becoming familiar with them will not only help you in your own business endeavor but it will also help you avoid suspicious and far-reaching business propositions.

    Copyright © 2005 Rhonda Winn - All Rights Reserved. Rhonda Winn has been helping small business owners since 2000. She is the author of the popular eBook, "How to Live Your Dreams and Achieve Unlimited Wealth in Small Business" Receive the first chapter free, when you join her bi-monthly newsletter today: SmallBizStartupKit.com. Her site contains dozens of free downloads, articles, forums, resources, journals, and more.

    You are free to publish this article as long as the content remains unchanged and copyright notice and byline is not removed from article.

    Other Recent EzineArticles from the Internet-and-Businesses-Online:Ecommerce Category:

     

     

    This article has been viewed 506 time(s).
    Article Submitted On: February 05, 2005



    Please Rate This Article:  Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Negotiation Skills -- The Salami Technique
    Some negotiators just love to play tactical games. In this article we will look at one their favourite negotiation tactics – the Salami technique – and think about how to rebuff it.Salami sausages are big things (often spicy) that are eaten a slice at a time. They would be indigestible if taken in a single large piece. This aspect has led negotiators to use the name for a negotiation technique that tries to do just that: to win concessions in small doses (slices) when the other party would probably reject them if they were put on the table all at once. The technique is often used against a party that is mainly concerned with damage limitation.Consider a tough union negotiating with management. Management would really just like to keep the status quo (damage limitation) but the union negotiators would like a whole host of goodies to take back for their members. These could include a pay rise, more holidays, flexible working hours, private health membership, better pension arrangements, improved canteen, increased allowances and so on. It is not difficult for the union to make a case for each of these and they can probably add to the list.If the union negotiators use the salami tactic they will present just one of their demands for discussion and push hard to reach agreement. Let’s say they focus on a 6% pay rise and after a long discussion and some haggling they agree on 4%. Deal done, except there is more to come. That’s just the first slice of the salami and there is a whole sausage in the cupboard.The next slice might be the holiday arrangements. The current 23 days is from a bygone age. ‘Other em

    good idea to set up a special phone number, during specific hours where your customers can reach you. Even if you have to start with just a voicemail, it's a start.
  • You can get rich overnight. There is no other way of doing business than over the Internet that offers such a great promise of wealth. The costs of a start-up e-business are minimal but it doesn't mean that the dollars will pour in. Like any other businesses, success depends on effort, the execution of solid marketing strategies, and most of all a great product or service.
  • You don't need to be knowledgeable about traditional business practices. People sometimes have the misconception that running an Internet based businesses is completely different than other types. Although e-businesses have their own set of rules, for the most part traditional business practices will go a long way. Regular visits to the Small Business Administration (http://sba.gov) will have novice business owners get their bearings.
  • This is not a definitive list but it shows some pervasive myths that can potentially get in your way on the road to e-commerce success. Becoming familiar with them will not only help you in your own business endeavor but it will also help you avoid suspicious and far-reaching business propositions.

    Copyright © 2005 Rhonda Winn - All Rights Reserved. Rhonda Winn has been helping small business owners since 2000. She is the author of the popular eBook, "How to Live Your Dreams and Achieve Unlimited Wealth in Small Business" Receive the first chapter free, when you join her bi-monthly newsletter today: SmallBizStartupKit.com. Her site contains dozens of free downloads, articles, forums, resources, journals, and more.

    You are free to publish this article as long as the content remains unchanged and copyright notice and byline is not removed from article.

    Other Recent EzineArticles from the Internet-and-Businesses-Online:Ecommerce Category:

     

     

    This article has been viewed 506 time(s).
    Article Submitted On: February 05, 2005



    Please Rate This Article:  Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Increase Sales With eCommerce 2.0
    In recent years we are seeing a great deal of interest in eCommerce from retailers. An increasing number of retailers are adopting eCommerce tools and getting involved in online business. The influx of large number of new players has intensified the battle for customer’s time and pocket book. Gone are the days when you could build a good site and expect a number of visitors to rush in. Today, websites are using every possible promotional method available to attract visitors. As a result, web promotion has become a complex and expensive part of company’s overall online marketing strategy.However, getting a visitor to your site is just half of the job, even if the visitor is from your targeted segment of the market! One of the primary issues that you have to deal with as an owner of an eCommerce site is to convert a visitor to a real customer. You have to take a number of measures in order to increase this odd. Unfortunately, a huge number of prospective customers leave a site after even placing items in the shopping cart. Most of the site owners grossly underestimate the number of abandoning customers. When asked, none of the respondent site owners gave a figure for visitors from this category more than 30 percent. But, the reality is quite different! According to various studies, the abandonment rate can be a staggering 67 percent for an average eCommerce site! So, what do you have to do to reduce this number and increase your sales?Some latest web development ideas combined vaguely under the name of Web 2.0 technology can be used to increase functionalities of a website and lower shopping cart abandonment rate.

    d-color: white;">

    Other Recent EzineArticles from the Internet-and-Businesses-Online:Ecommerce Category:

    Most Viewed EzineArticles in the Internet-and-Businesses-Online:Ecommerce Category

    1. Intranet Project Names - Some Ideas
    2. A Beginner's Guide To Setting Up A Successful Online Store
    3. 10 Top Tips To Successfull Dropshipping
    4. E-Currency Exchange: The First Bonanza of the 21st Century?
    5. Selecting The Right Shopping Cart For Your Website
    6. The 5 Best Revenue Models in E-Commerce History
    7. 40 Ways to Drive Visitors to your Web Site-and Keep Them Coming Back!
    8. Stakeholder Analysis and Stakeholder Management
    9. The Best Strategies For Selling Wholesale Merchandise Online
    10. Make Money Online: Three Fast Ways to Make Money Online
    11. How to Receive Payments for Your Online Sales
    12. Starting An E-Commerce Business
    13. How Much Is Your Website Worth?
    14. Managing Project Risks and Issues
    15. Porter's Five Forces Model and Internet Competition

     

     

    This article has been viewed 506 time(s).
    Article Submitted On: February 05, 2005



    Please Rate This Article:  Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Offshore Bank Accounts
    Offshore banking is a preferable option to save on taxes by holding a bank account out side of one?s own country of residence. The whole concept of offshore banking in the financial world is planned to facilitate protection of wealth and hard-earned assets. It also allows people with global business interests to conduct business in a confidential and private manner. This can be done by utilizing advantages offered by offshore banking, coupled with proper corporate formation, structuring and planning.Banks in some countries of the world are considered to be tax havens as they allow individuals to deposit money in their country without levying high taxes. People who opt for this option are usually affluent people who fall in high-income categories. Business magnates choose offshore banking because they may be required to pay exorbitant amount of tax on their assets in their country of residence. They find it convenient to deposit their money in offshore banks so that there is no need to disclose their assets in their native country. Laws pertaining to tax will not be applied to such assets, as money is not physically present in that country. However, this does not always hold true in all cases when depositing money in an offshore bank account and procedure may be verified before doing so.Individuals may open an offshore bank account by selecting a professional company that specializes in secure personal and corporate banking. It should be ensured that the company chosen has good knowledge of countries where these tax benefits are available. Belize, Costa Rica, Gibraltar, Malta, Nevis, Panama, Seychelles, and St. Vince

    ctics, New Tricks - Some Things Never Change
  • Fast Ecommerce
  • Will Drop Shippers Give You Testimonials That You Can Use On Your Site?
  • Making Money Online - Is it Really That Hard?
  • 7 Key Steps to Make More Money With E-commerce
  • Convenience of Online Shopping Over Traditional Shopping
  • Paid Web Surveys – 2 Easy Tips For Consistent Income With Surveys
  • Most Viewed EzineArticles in the Internet-and-Businesses-Online:Ecommerce Category

    1. Intranet Project Names - Some Ideas
    2. A Beginner's Guide To Setting Up A Successful Online Store
    3. 10 Top Tips To Successfull Dropshipping
    4. E-Currency Exchange: The First Bonanza of the 21st Century?
    5. Selecting The Right Shopping Cart For Your Website
    6. The 5 Best Revenue Models in E-Commerce History
    7. 40 Ways to Drive Visitors to your Web Site-and Keep Them Coming Back!
    8. Stakeholder Analysis and Stakeholder Management
    9. The Best Strategies For Selling Wholesale Merchandise Online
    10. Make Money Online: Three Fast Ways to Make Money Online
    11. How to Receive Payments for Your Online Sales
    12. Starting An E-Commerce Business
    13. How Much Is Your Website Worth?
    14. Managing Project Risks and Issues
    15. Porter's Five Forces Model and Internet Competition

     

     

    This article has been viewed 506 time(s).
    Article Submitted On: February 05, 2005



    Please Rate This Article:  Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Marketing Strategies: Is There An Easy Way?
    Marketing Strategies why do you think it is important that a business shall have its marketing strategies to become successful on their field?A business plan cannot be put in place without a viable marketing strategy. Without a business plan, a company cannot certainly compete with their competitors side by side. How can a business make a sell without marketing their product or service first?So planning well what marketing strategies should be employed is a must to every striving business. Ponder the following marketing strategies and their importance to your business if you have one.If you are selling a product or service you need to have a target market in the first place. If you don,t have a market to sell or you did not plan well on which market you are going to focus the product/service you are providing, then who do you think will avail of it? One of the best marketing strategies is identifying who are the persons or group of people that are more like going to avail your service. When you have already defined a market, then it is best that you segment it into groups depending on their significance. By doing this you are giving yourself the information that will help you decide on how you will promote the product on each group.Another important marketing strategy is analyzing the past and current situation of the industry where your product or service belongs. This way you can derived the information that will help you succeed. Knowing what threats and opportunities given by the industry or market will affect your

    for Your Online Sales
  • Starting An E-Commerce Business
  • How Much Is Your Website Worth?
  • Managing Project Risks and Issues
  • Porter's Five Forces Model and Internet Competition
  •  

     

    This article has been viewed 506 time(s).
    Article Submitted On: February 05, 2005



    Please Rate This Article:  Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 Votes | Average: 0 out of 5 (No Ratings Yet)

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.hubyou.info/article/61717/hubyou-Top-5-Dot-Com-Myths-Debunked.html">Top 5 Dot Com Myths Debunked</a>

    BB link (for phorums):
    [url=http://www.hubyou.info/article/61717/hubyou-Top-5-Dot-Com-Myths-Debunked.html]Top 5 Dot Com Myths Debunked[/url]

    Related Articles:

    Corporate Logo Design

    Mannequin Beginnings

    When Was the Last Time You Referred a Website to a Friend?

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com