Whether you're an established online retailer or an aspiring online retailer, you know that Christmas time is a goldmine. Many brick and mortar retailers say that Christmas time makes their whole year. In the US, the season of Thanksgiving to Christmas will make or break a retailer's entire fiscal year.
How do you, as an online retailer, maximize the potential of this time of year so you can earn money and get new customers? A lot of people are competing for online customers so in order to set yourself apart in the crowd and get a decent amount of sales you'll need to strategize. Strategizing early is a great way to plan effectively.
Store retailers plan for months in advance. The minute Christmas is over; they're planning for next Christmas. They're thinking about what they're going to sell and how they'll be considered the "go to" source for that hot product. If you're planning for Christmas sales, you should ideally be ready with plans and strategies by July. If you see the hottest trends in retail products and the latest 'must-have' gadgets, these products weren't invented yesterday. Their success took months of planning, building buzz and strategizing.
Online Retail Strategies
How do you strategize for maximum sales in a busy season such as the end of the year holiday rush? How will you increase your sales each year? Here are some ideas for you:
Start Early
As mentioned, it's a good idea to start in July to plan for this year's holiday rush. It takes time to get indexed in search engines and to plan for site design, product sourcing and more. If you want to target specific holiday-related keywords, you'll have much better luck at it if you give yourself time to get indexed and climb the charts in terms of search engine rankings.
Lower your pricing
People want good deals for the holidays and if you lower your pricing you'll have more of a chance of making sales. Do this by establishing relationships with wholesalers instead of middlemen. There are a lot of ways to find wholesalers including through dropship membership programs.
Whether you're dealing with eBay sales or sales on your very own website, you need to: have the products people want, get people to your site and have a reason people should buy from you.
Go for organic SEO results
While a certain amount of sales come from banner ads and sponsored or Pay Per Click advertisements, a lot of people look for organic results. When they're ready to buy the latest MP3 player for their son or daughter for Christmas or Hannukah they'll look for reviews and they'll look for the top results for best MP3. If you're selling these gadgets and ranking on page 1 for google results for the term 'Best MP3" you'll get lots of visitors. Learning to write effective sales copy, optimize your website, source the best products and source the products people want will propel you toward success.
Find Out What's Hot
Learn about sourcing and uncovering trends before they happen. If you find out what the hot ticket items will be next year now, you can poise yourself to be someone people buy it from!
How do you source the hottest products?
Luckily there are a lot of free and low cost resources and memberships available to help you. Whether you're dropshipping or buying products to sell either on your own site, through eBay or through a blog, there's a wealth of online sourcing and strategizing information available. So, if you're starting well in advance you can definitely look forward to increasing your chances of being profitable for the next holiday season!
You just secured resale rights to an ebook you think has a lot of potential. There's just one problem… hundreds of other internet marketers are selling the exact same ebook!
So how do you compete? How do you make the ebook you've secured resale rights to stand out from the crowd? First, you need to add "value" to your offer. Here are some ways to do it:
1) Include bonuses, bonuses, and more bonuses! This is critical. Make sure to add a ton of bonuses to your offer. The more "freebies" a customer can get if they buy the product you've secured resale rights to - the more the better. Bonuses can be ebooks, special reports, free memberships to paid member sites, software, etc.
One important note: Make sure that the bonus relates to the information product you're selling. For example, if you are market ebook on self-publishing online, you could include ebook software, or information on how to promote an ebook. Again, the more bonuses the better.
If at all possible, place a dollar value on the bonuses you include. Why? Because this quantifies the "value" your customer is receiving.
2) Add proprietary bonuses. Create your own special reports or ebook as bonuses - something the customer could not get anywhere else on the web - this is critical if you are competing against others with resale rights to the same information product. If you don't like to write, or don't have the time find online articles that you can use and compile them into an ebook or special report.
If you have private label rights to articles or ebooks that allow you to change or modify the content, that's another resource you can use to create proprietary bonuses. If you don't have a private label rights package yourself, for more details visit to www.guide-to-plr.com it's worth looking into. Again, it can be an easy creates your own bonuses to add value to the information product you are selling.
3) Strong guarantee. Another way to differentiate you from others that have resale rights to the same product is to offer a strong guarantee. As an example, you could offer a 60 day money back guarantee to your customers… and tell potential buyers they can still keep all the bonuses even if they end up requesting a refund.
4) Pricing. Sometimes your resale rights license specifies a certain price that you must sell the information product for. If it doesn't, then ideally you want to price your product so that the customer feels the value they are getting far exceeds the price.
So should you charge a rock-bottom price? Not necessarily. Sometimes a low price can hurt, for more details visit to www.leverage-on-resale-rights.com other times it can help. The same holds true with a high price. The best way to find out is to test some various price points and see which one generates the most net income for you.
Hopefully, this article has provided you with some ideas you can use to be more competitive in the reseller arena, and generate some sales you might not have otherwise received!
There are many ways to make money on the internet. I have been making a living off the internet for the last eight years. You will see lots of websites where people are making enough money to retire withing 30 days or 6 months or even a year. While I believe there is the occasional instant millionaire on the internet, I do not believe that many people are making an easy living of the internet. Many of these people had an initial learning curve and this can take months or even years. There is also a sucker born every minute. You can see many websites preying on people's desire to be rich without any work. You can make a decent living off the internet, and there are many places to do this. One word of advice if it looks too easy, it is probably best to avoid these schemes. Even Mr Bill Gates worked his butt off (and still does) to get the riches he has accumulated, even though he was at the right place at the right time.
Ebay
This is where I learned much about making money on the internet. You learn marketing, especially how to take care of customer service. Believe me this is the most important aspect of business.. You have to be willing to bend over backwards to please the customer. This is how we managed to acquire a 99.8% approval rating over 13844 positive feedback . over 7years. Selling on Ebay taught us the initial business sense that we needed to be successful. It taught us how to write titles, how to write ads, how important pictures were to an advertisement, etc. The nice thing about selling on Ebay, is that you can make money with any merchandise, ie, new, second hand, unwanted presents, etc. We started selling my sports card collection and worked our way to selling clearance clothing from stores. Selling on Ebay is fun but it is also a lot of work.
Free Ecommerce sites. These are popping up all over the internet. We currently sell at Ecrater. There are many more, and it is really worth checking these sites out. Many sellers and buyers are starting to look at alternatives to Ebay. We sell our products for less at Ecrater, than at Ebay, because we do not have to calculate in Ebay fees on merchandise that we sell.
Affiliate Marketing This can be quite lucrative. There is Clickbank if you want to sell digital products. If you are looking for other niche products to sell, try Commission Junction or Share A Sale, etc, there is good competition in this area. You can even sell products on Ebay if you join their affiliate program. It was always nice to get steady checks from being an affiliate for Ebay.
Blogging If you already have a Blog, there are programs where advertisers will pay you to blog about their products. This is nice way to make some money especially if you have some decent traffic to your Blog. You can also sell advertising space, put adsense ads on your blog, you can sell links, or even ask for donations for your blog. Today.com will even pay you to blog with them.
Write Articles There are sites that will pay you to write for them, Associated Content is one site in particular. Or if you write articles to promote your affiliate products or as in my case, to promote my store, why not post them to Associated Content, and they will pay you for the number of views that and this will help you recoup some of the time you spent writing the articles.



