Starting an Online eCrater Store Business
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Share: Planning to set up an Online business? How about starting an online eCrater store business
? Some of the best small business ideas don't need a big amount of money to start with.
What about a business idea that you can drive around with existing commitments? Start slow and grow at your own pace with the additional advantage of operating in a global market if desired. An easy business to begin and can earn you an income within a short space of time.This sounds great but what type of start-up business can offer me this kind of opportunity?
eCrater of Course
What is eCrater? eCrater is an online free marketplace, webstore, an ebay alternative, and a shopping website in which people and businesses buy and sell wide varieties of products. It was launched in the early fall of 2004 by Dimitar Slavov. eCrater marketplace offers the products of all registered sellers in one place, while the web store builder allows sellers to choose the kind and color of their own online store.
For those who are not familiar with eCrater we are going to answer some basic questions for you like: * How to get started on eCrater? * How does eCrater work?
Let's Begin
Anyone with a desire can sell and make money on eCrater as it's still one of the best online
business ideas around. Even if you don't have your own computer there are plenty of Internet cafes where you can access the Internet and run your eCrater business from. They don't even charge a lot for to access the Internet so I believe it's an under used resource and still one of the easiest and fastest ways to make some money.
First, you will need to set up an eCrater account it's free to set up. You also need to set up a Google checkout account or PayPal account which is necessary for receiving payments. To create your account you'll need to provide credit card and bank account details for verification purposes.
Second,
choose a business name that can best describe your business but don't be to specific with the name in case you change what you sell.
Third, sourcing products to get your online store business off the ground isn't difficult, if you know where to look. Some products can be found right under your nose and many people sell old and used items on eCrater. For example, products found on your garages, attics, basements and a lot of these items are unwanted or unused gifts which people have received in the past. Remember! what seems worthless to you is in fact valuable to someone else. Or you can take a trip to local antiques shops, flea markets and Bazaars, you will find rare gems there that you can sell online.
What are the cost involved for putting up an eCrater online store?
Starting an online store in eCrater is totally free. You will get: Free webstore hosting, Unlimited disk space, Your own URL http://yourname.ecrater.com, Store Widgets, and many other features. All the profits will be yours after PayPal charged you a fee for the item sold.
Product Description
Okay, so now we have covered the basic store set up procedures, setting up an eCrater account, choosing a business name, and sourcing some good products to sell. You are now eager to sell your products and get the ball rolling and this is where you put your thinking cap on and start to write an enticing description for your product.. Make sure to give enough information about your products so that all possible questions are answered in advance. By doing this you will ensure that you don't waste time answering the same questions from different buyers.
Product Photos
If you have a digital camera, take pictures of your products as many as you want you can post up to 10 pictures of your item in eCrater. You know what they say... a picture is worth a thousand words and it's always nice to see what your buying. If you don't have a digital camera, then you can use any camera as long as the product/ item is clearly visible and make sure you make your words as descriptive as possible.
Pricing and Shipping Fees
Pricing your item right is very important to ensure that you are going to make a profit. It is also important to be honest about the price. Do not charge your item too high or too low. Just add an additional mark up percentage for the price plus shipping fee to ensure a profit. You also have to consider the fees that will be taken when you use PayPal or Google checkout. Make sure you have added this on your pricing. Lastly, as much as possible include tracking number on your package to avoid any problems when your buyers complain.
Receiving Payments
eCrater offers two trusted payment systems: Google Checkout and PayPal, which allows buyers to use the following methods: credit card, personal check, debit card to pay for goods. These two payment options offer a quick way to get money and pay for goods. You also have the option to receive payments by check or money order, but I would not recommend it to avoid payment frauds. If you are the seller, you must pay a small fee to these payment gateways for each product that you sell and which uses their payment system to collect your money. This can work out a bit costly if you are selling more expensive items so you will have to decide on which payment system works best for you.
Now you're ready to start an online store.
Starting an Online eCrater Store Business
By: Jay Mabalot
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