| Online Business is a new mantra for all budding | | | | have products of diamonds, stones, gold, platinum |
| entrepreneurs, for existing sellers to expand their | | | | and silver. |
| reach, for manufacturers to know needs of their | | | | 4. Always design your product mix and range |
| customers, for drop-shippers to showcase their | | | | keeping in mind your target customers. |
| product portfolio and for customers to get an | | | | 5. If you are a online-seller, choosing a wholesaler |
| idea of rates, best deals, and shop from comfort | | | | or manufacturer as well as drop-shipper becomes |
| of home and flexibility to receive it as and when | | | | extremely critical. Try to gain access to reliable |
| required. These are some of the inherent | | | | web directory such as likes of SaleHoo. This will |
| advantages of online sales. | | | | make your task easier in selecting your partners |
| Following should be kept in mind by first timers | | | | as well as help you minimize risk of frauds. |
| starting their own business online. | | | | 6. Try to gain idea regarding credibility through |
| 1. Enter a category of products which you have | | | | online reviews, forums, queries and advisories |
| passion for and which you understand the most. | | | | posted by members. |
| Niche products though costly but unique ones | | | | 7. Have an open-mind and keep updating your |
| provide you more margins. | | | | product showcase this will help you to generate |
| 2. Start with moderate risk and think of building | | | | interest in potential customers as well as retain |
| your business from reinvesting of your profits. | | | | interest of your existing customers. |
| 3. Never put all your eggs in one basket make a | | | | 8. Always try to take customer feedback once |
| complementary product mix to offer. E.g. If you | | | | the sales are closed. This helps you to improve |
| are dealing in ethnic jewellery, do take care to | | | | your service. |