A bit early for Christmas, you say? Well, not exactly.
True to the ‘a season early’ form, companies are stocking up on new merchandise and consumers are taking a more serious look at their shopping lists. No doubt about it: everybody’s gearing up for the holidays! Preparing now can mean a lot of traffic and fewer items to clearance come January.
Come meet me at the upcoming e-Commerce Summit in Las Vegas:
eCommerce Summit 2010 – Las Vegas – April 13-15
Anybody that would like to meet up for some networking and shop talk, let me know. I will be attending the summit this year and would love to meet some of my site visitors.
I am asked every now and again if it is too late to get into an e-Commerce business. I reply with an overwhelming ‘No’. While certainly the economy has been a challenge, online retailing has not been hit as hard as other industries. People are looking for deals, and online shopping helps facilitate that. And now, here is more great news…
There are several fake “wholesale” sites marketing to small business owners and those new to e-commerce, eBay or Amazon that you should avoid at all costs. These so-called wholesalers offer thousands even millions of products and they offer to make your life easier by drop shipping merchandise to your customers. While drop shipping can be a legitimate business model, these sites rip you off because they are not real wholesalers. They are just retailers selling at a very low profit margin, so there is a little room for you to try to make money. Some even charge you a monthly fee, or annual fee to “become a member”. Keep in mind their revenue model is “selling memberships” and using thousands of ecommerce owners to sell on their behalf. The problem is you do not make money. Here is how it works:
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