Business Opportunities

Supplement the Family Income for all round Benefit
Author Name: David Maddern
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Word Count: 630
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Everyone knows that bringing up children is expensive. It
is also well known that a lot of business is conducted over
the internet. Parents often get onto the net in the
evening, and there is now heaps of scope to join in this
commerce.
In fact it may well be a way to excite teenagers to an
exciting family dynamic.

Let me explain.
Drop shipping is a term that applies to a supplier having
agents who obtain orders for the supplier to fulfil.

As an example I might set up
an eBay auction page say binoculars for starting price $1.

I set my reserve at wholesale + $2 ( unresearched amount to
cover eBay fee and Paypal fees)
As an auction comes to its time, perhaps the final price is
60% higher than the wholesale.
I get the funds from the buyers, which is price +shipping
and send the order with details to the supplier.
The supplier delivers the binoculars and bills me for the
wholesale + shipping.
I send off the money to the supplier.
Note all my communications with the supplier are by email
and money transfer through Paypal transactions over the
net.

The result is 60% or the wholesale figure times the number
of buyers, and all I have outlayed a few dollars for eBay
and deducted Paypal fees. No big out of pocket expenses at
all.

Now that is a model. There is far, far more than binoculars
and I can give you links to over 700,000 products in two
wholesalers.

The excitement that a teenager (or anyone else) could feel
is in:
skills in selection of goods to sell,
skills in constructing eBay sites,
watching the bid development,
the reproducibility with extra products,
the profit and what options that gives,
sharing the knowledge with others.

There is incidental training in aspects of financial
dealings, and setting up a wall chart could be a valuable
tool for training in organization.

The areas of potential risk are (you may be able to see
more):
losing passwords and web addresses
failure to set a reserve figure
spending the sale price without provision for wholesale
payments,
no provision for tax put away for tax time,
delay in payment, incurring a bad reputation on eBay
lack of organization with multiple auctions
(over-trading is not a problem as you don't buy the goods in
the first place.)

These are easily preventable, and can lead to valuable
structure organisation lessons.

There is an eBook on eBay that you can download free from
http://www.healthinsuranceplus.biz/ebayreports.zip (344Kb)

fees that eBay charge are at
http://pages.ebay.com/help/sell/fees.html

A Yahoo store is also a possibility but costs, while traffic
to it is assured.

Credit card net processors

Paypal (an eBay company) is well received, sign-up free here
http://Pay_pal.Opportunity.com

Clickbank
http://Click_bank.Opportunity.com

Drop ship merchants are-

FreeStoreClub.com http://www.soy.freestoreclub.com
You can join this one for free, or pay $10 or $50 per month
to lock in your place in a network, and as people join under
you, perhaps at your recommendation, you get payments.
Certainly the free option will be adequate for drop
shipping.

Worldwide Brands is an operation that covers 120 makers and
700,000 products. http:// Drop_ship.Opportunity.com
You will have to download their Directory which has a cost
associated but the scope here is enormous.

So those are the tools from which acorns can produce oak
trees. Start small and who knows where you will go.
In fact, since there is no loss if a reserve is set, and
there is no outlay, I can't see why you can't cover all the
walls with wall charts, but you would be the one doing it,
not me!

If you build your own web page and wish to tune it for the
search engines be aware that is a longer term option, even
if you are destined for top spot, expect up to 6 weeks.
Look at my page which describes using free trials to
optimize at
http://free_trial.opportunity.com


David Maddern promotes FreeStoreClub, MasteryTV -a new
empowering internet TV that shows home topics like teen
esteem and relationships, as well as power negotiation
and other business topics at http://www.masterytv.net/logon,
and CASHculture which has free web space for members at
http://www.cashculture.com/restio
His major page is http://www.restio.referralware.com

Make Money Online

Living Adjustment (COLA) An increase in a pension benefit, disability income benefit or life income benefit to compensate for an increase in the cost of living.

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