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Start an Online Store

Start an online store and sell products online - It's one of the oldest business models on the Internet and it is still one of the best.

In the past, starting an online store was not a reasonable option for most people, because of the cost and technical expertise required to set up a fully functional e-commerce site was quite high. This has definitely changed in recent years, and a host of new services and software now make it possible for relative newcomers to start an online store with little hassle, and sometimes in a matter of minutes. Just about anyone can now become an online merchant and sell products online.

Here are the basic steps necessary for people to start an online store:

1) Get the necessary licenses
You will need a business license, as well as a "seller's permit" from your state. When you get your permit, the state should also provide you details on how much sales tax you must charge for your state. In most cases, you are only required to charge sales tax for sales made to online customers located in the same state you are in.

2) Choose an e-commerce solution:
This is the tricky part, since the options are many. If you want to take the easy way out, consider selling on ebay instead. But if you have your mind set on starting your own store, here are some great options.

Yahoo Stores: This is the solution of choice for many businesses. With a store design wizard, 24/7 support, and capability to handle up to 50,000 products, you cannot go wrong with Yahoo Merchant Solutions. There are 3 plans to choose from, based on how much in sales you expect to do each month. Plans start at $25.97 for the 1st two months. Click here for more.

Pro Stores: ProStores, an Ebay company, provides a turnkey solution that allows you to start an online store for a low monthly subscription fee that includes hosting. Stores are easily integrated with Ebay, Paypal, and major shopping comparison sites. You can also choose from 180 store templates if you want a professional look without having to hire a designer. Current specials include 1 free month of service. Click here for more.

3) Decide what to sell
Most likely, you already know what you want to sell. Finding suppliers can sometimes take time. One good place to look is on Ebay, where you can buy many goods in bulk. Another good place to look for items to sell is Dollar Days, a huge wholesale distributor that also allows you to set up an online store based on their 30,000 products.

If wholesale dropshipping is your thing, then Worldwide Brands has the largest and what we consider the best directory to dropshipper.

4) Promote your store

There are 3 things you should definitely do to promote your online store:

• Use Google Adwords and Yahoo Search Marketing to create listings for each product you have in your store
• List your products in major shopping hub sites like Yahoo Shopping, Shopping.com, Bizrate, etc.
• If possible, set up an affiliate program and get other people to promote your products for a share of the profits.