Tycoon Talk
Become a Big fish!
The number 1 forum for online business!
Post topics, ask questions, share your knowledge.
Tycoon Talk is part of Freelancer.com - find skilled workers online at a fraction of the cost.

eCommerce Tycoon


You are currently viewing our eCommerce Tycoon as a guest. Please register to participate.
Login



Reply
Investigating the viability, cost/benefit of breaking into eCommerce
Old 07-11-2008, 02:46 PM Investigating the viability, cost/benefit of breaking into eCommerce
Novice Talker

Posts: 5
Trades: 0
Hi all,

I've been working for a fairly successful eCommerce business (even though almost 50% of our sales are direct results of our phone salesmen) for almost 2 years now. I've learned a lot from an SEO / Marketing perspective, and I already have a great technical background in web hosting and the like. So naturally, I've been considering starting an eCommerce website of my own, but I'm not the kind of person to go into these things blind.

I know eCommerce isn't exactly a new market. It seems to me that the market is filled up fairly well and even the niches are pretty well served. With already established supersites like Amazon and eBay, I have no expectations of becoming a millionaire. Some extra cash flow would be nice though.

So basically, here are some questions:

What can one expect as far as the level of difficulty for generating sales goes? If I do everything right and have decent optimization, when should I start to see some turnaround?

Is a discrete website better than an eBay or Amazon store, or no? Is both always better? If I only wanted to do one, which would I choose?

How much rides on the type of product that you carry? Can I make money selling anything or is it highly dependent on the product? How do most people get their product? I know of one method already from my time at my job, and was wondering if there are any other common ones.

What am I looking at as far as capital? Assume I can get webspace for free (I can), and I use a free cart system - or build the site from scratch myself.

Any information would be greatly appreciated.

Last edited by nrgetik; 07-11-2008 at 02:48 PM..
nrgetik is offline
Reply With Quote
View Public Profile
 
 
Register now for full access!
Reply     « Reply to Investigating the viability, cost/benefit of breaking into eCommerce
 

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





   
RSS Feed  Feeds: RSS   JS   XML
RSS Feed  Feeds for this forum: RSS   JS   XML



Page generated in 0.08392 seconds with 12 queries