Menu

The Journey of Stentoft 760

battlebjerregaard14's blog

How to Start an WEB STORE Selling THE VERY BEST Selling Products Online

Starting an online store selling the very best selling products online is much more easier than what a lot of people seem to realize, once you learn how to do it in a step-by-step format.

But before you start your online business and create your organization name you must first determine which products you?re likely to sell online.

This way you can give your company a name which may be related to your product line(s) and a name that tells your visitors exactly what it is that you will be offering on your estore.

The following product lines are the best selling products online in line with the NRF/Forrester Online Retail Index, The NPD Group, The Media Metrix Online Shopping Index and other statistics providers.

Top selling products in order are:

1-Books

2-Computer Hardware and Software

3-Apparel

4-Toys

5-Video Games

6-Video Game Systems

7-Videos

8-DVD?s

9-Health and Beauty products

10-Consumer Electronics

11-Music

12-Jewelry

13-Office Supplies

14-Linens

15-Home D�cor

16-Flowers

17-Sporting Goods

18-Footwear

19-Appliances

20-Tools and Garden

21-Gifts.

Then try to pick a niche product inside a niche product line.

For example; Rather than selling all types of books, which is the number one selling product on the net, you would focus on selling a certain category of books like the best web design books.

Another example will be computer products. Instead of building an online super-store selling all types of computer products you'll focus on a niche hot market such as digital camera models.

Lets break these steps down just a little further:

1.Create your company name.

Do not make the common mistake of creating a small business name too quickly and without thought. This is an important decision that takes consideration. You'll want to select a name that should reflect the main product line or service of one's new online store.

Do not use your own name in your business name. Make your name descriptive so that it advertises your products, or at the very least relates to your services or products.

2.Register your name.

3.Form your organization structure; Sole Proprietorship.

Next, move is to check on the names' availability. Contact the name search department within the Department Of Corporations for the state.

Next, select a type of legal structure for your business. There are basically three types of business structures: Sole Proprietorship, Corporation and Partnership. Sole Proprietorship being easy and simple and quickest to form. Complete explanation of all of these terms are available at [http://www.estorefronguide.com]

4.Obtain your business/occupational license.

(Only if needed in your county) Business licenses are generally issued through the town and/or county clerks office where you will need to fill out and submit an application.

5.Obtaining your resellers license (sales tax license).

Now you'll head on to your neighborhood State Revenue Department (IRS) to use for your tax license, which is also known as your resellers license or dealers license.

This tax license, (resellers license), gives you the privilege to buy at wholesale from genuine wholesale distributors and sell at retail to the general public. Additional hints will also have the responsibility of collecting sales tax from consumers for sales
made inside your home state.

6.Select a top-selling, niche-product market.

Choose a product line from the list above and possibly dive deeper to get your niche market. Whenever choosing your niche market, ask yourself if there is a certain type of product that you might already be educated in or p

Go Back

Comment

Blog Search

Blog Archive

Comments

There are currently no blog comments.