amp,#34,How,Decide,What,Sell,Y DIY "How To Decide What To Sell on Your Web Site"
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When you decide to start an online business, the mostimportant decision to make is what to sell. There arethree types of products you can sell on your web site:1. Hard goods - produce something yourself - become a reseller for another company- examples: jewelry, booklets, clothes2. Services - can you do something better than others?- can you perform a service that others are willing to pay for?- examples: graphic design, business consulting, research, translation3. Electronic product- develop it yourself- obtain the rights to it- examples: software, e-book, tutorial, newsletterIn deciding what to sell consider how much money you canafford to invest into your business, what is in demandand most likely to bring you profit, and what yourpassions are.Obviously, the most money-demanding business is the oneselling hard goods. There is inventory to keep, materialsto purchase, contracts to sign and so on.Services are great to offer on your web site, but keep inmind that there is only so many hours a week you can work.Your income will be limited to only the time you can work,unless you offer other non-service products for sale as well.Electronic products are the easiest to produce, don'trequire a large financial investment, can create an unlimitedrevenue, and is extremely in high demand. Computer softwarethat makes people's lives easier, tutorials that teach themhow to use it, and information on just about any subject inthe world are the hottest products.If you have any knowledge or experience on a subject thatmost people are clueless about AND are willing to pay forinformation that teaches them about it, then you've got awinner.Write it, sell it, license it, publish it, grow it into abigger product - with a consistent and smart marketing plan,only sky is the limit to your bottom line.