Now that my website has been up and running for four months, I, probably like most in this time frame, have gained enough knowledge on internet retail websites to know I absolutely did everything wrong from the beginning, and am now an expert on what not to do when starting a new website. I am still gaining knowledge on what should be done.
I have discovered there is money to be made if you make the correct decisions up front, before rushing into everything. I rushed everything because I needed income coming in from the website immediately. Rushing is a huge mistake!
What I have learned is very valuable for the future, while I continue to correct the mistakes I made. The main point is, the system seems to work, but you need to base it on the small picture – your own products, and not the big picture that is discussed. Hard to do, but to succeed, it is a must!
I am starting to get a better ranking on some of my products, Pages 1-2 of google and yahoo. I am starting to see more results from my Adwords, with the help of Advanced Marketing, and I am starting to get a few more sales in because of this. I am working direct with one manufacturer, have had 3 sales in a week, and the profit margin, after all costs, is 50-70%.
Orders and profit received, that’s what makes the hard work and patience to get it right worth while. Profit is why I built a retail website. If I would have done it right from the beginning, I’m sure I would be farther along, but I was in a rush, in a hurry to make money. Just does not work that way.
My gross sales were pretty dismal from June through September, only $1,520 gross sales total. At this point, October is looking up, with $2,250 in gross sales October 1st - 12th. I know the potential for internet income is very good, and I know if I take what I have learned and what I am still learning, I will get there. Patience, continued hard work and social marketing seem to be the key to success.
Marcia P.
Friday, October 23, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment