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2 answers
Updated
david’s Answer
Hi, Alaric
Being an online merchant can be an exciting activity. From my experience as an online consumer, here are some of the elements I would envision in a business that sells online: - \
- a website to advertise and collect payment for merchandise
- agreements with various vendors to ensure that you are able to buy a special wholesale prices
- an inventory repository or 'drop/ship' agreements with vendors to handle shipments and returns
- accounting system to handle payments and refunds and also manage tax reporting to the states in which your product is sold
- occasional use of tax account and attorney
-an advertising budget. This is IMPORTANT, as there are so many online companies that you may need help from a company that specializes in helping get a website known to prospective customers.
From the above, I envision that much of your involvement will be on the computer. I wish you well.
Being an online merchant can be an exciting activity. From my experience as an online consumer, here are some of the elements I would envision in a business that sells online: - \
- a website to advertise and collect payment for merchandise
- agreements with various vendors to ensure that you are able to buy a special wholesale prices
- an inventory repository or 'drop/ship' agreements with vendors to handle shipments and returns
- accounting system to handle payments and refunds and also manage tax reporting to the states in which your product is sold
- occasional use of tax account and attorney
-an advertising budget. This is IMPORTANT, as there are so many online companies that you may need help from a company that specializes in helping get a website known to prospective customers.
From the above, I envision that much of your involvement will be on the computer. I wish you well.
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity => Self-Actualization.
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Answers
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James Constantine’s Answer
Hey Alaric!
Just wanted to answer your question about my role as an online merchant. Do I take a hands-on approach or am I more digitally inclined when it comes to the products I sell?
Well, I lean more towards the digital side of things, having been immersed in software development since 1972. Currently, I'm not selling my nutrition education services or software, but I plan to do so in the near future. I'm passionate about helping people overcome health challenges through advanced nutrition, and I share free E-books to aid in this cause. I'm not driven by greed - I offer my services free of charge for now, though I might charge a nominal fee of a dollar for my software, a labor of love that's taken me 29 years to develop.
The proceeds I earn will be directed towards helping the homeless and various charities. I'm also planning to embark on long-distance tricycle rides, hoping to secure sponsorships from large corporations. The goal is to support wonderful foundations like Beyond Blue, The Schizophrenia Foundation, and The Cystic Fibrosis Foundation.
I have reached the ripe old age of 66!
May your efforts be blessed in the best way possible!
Take care,
James.
Just wanted to answer your question about my role as an online merchant. Do I take a hands-on approach or am I more digitally inclined when it comes to the products I sell?
Well, I lean more towards the digital side of things, having been immersed in software development since 1972. Currently, I'm not selling my nutrition education services or software, but I plan to do so in the near future. I'm passionate about helping people overcome health challenges through advanced nutrition, and I share free E-books to aid in this cause. I'm not driven by greed - I offer my services free of charge for now, though I might charge a nominal fee of a dollar for my software, a labor of love that's taken me 29 years to develop.
The proceeds I earn will be directed towards helping the homeless and various charities. I'm also planning to embark on long-distance tricycle rides, hoping to secure sponsorships from large corporations. The goal is to support wonderful foundations like Beyond Blue, The Schizophrenia Foundation, and The Cystic Fibrosis Foundation.
I have reached the ripe old age of 66!
May your efforts be blessed in the best way possible!
Take care,
James.