Business At A Glance
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Franchises Available? No
Online Operation? Yes
Business Overview
Products sold via the site can be shipped to purchasers directly from the manufacturer, thus eliminating the need for warehousing inventory. In exchange for providing manufacturers with a marketing channel, you can retain a portion of the sales that the site generates; in the range of 10 to 15 percent would be fair. This type of cyberventure could really prove to be successful, as ‘factory direct’ pricing attracts consumers and securing manufactured goods to be featured on the site would be very easy.