Ever Run An Online Business?

Verybody's all about online businesses. Who has ever run a succesful online business and how did you go about it?

I run several online businesses. It is sad that in Nigeria online business has come to mean selling e-books. If you want to run a true online business, you must first understand the terrain you are venturing into and the mindset of the customers you will be serving.

If you do not have first hand practical experience of the market you are entering, you must expect a steep learning curve. If you persevere and give your customers what they are looking for, you will eventually make a good income from it.

If you have 10 thousand usa dollars you can start your own Avon Franchise.

Or you can just start small, I started by signing up with 10 dollars, a week later I ordered 700 dollars of their products, I got them without any money down. They shiped to me 48 hours later, I started selling them in my shop. Good thing about them is you can send back any items you can't sell for about 20 bucks. Another thing good is I ordered 700 dollars worth of stuff but because I am new I got an encentive, they gave me 50% off so I got all I ordered at 415 dollars after taxes. Got jewelry, mens cologne, womens perfume to start my own storefront at the store I operate in my hometown. After my markup I have figured I will make 2,000 thousand or so.

After you have your merchandise you will have 2 weeks to sell your items and pay for it, if you haven't paid for it in 2 weeks you can skip the next campaign and continue marketing your merchandise. They give you a total of 6 weeks after the 6th week and you haven't paid or shipped the unpaid items back they close your account until you do pay or ship them back. But if you find yourself stuck with items, ship them back and just place a reorder, this starts your cycle over again. I suggest selling what you ordered 4 weeks than ship back, reorder.  Simple as that.


Example: I just placed an order for 700 dollars worth of merchandise, I am going to sell my but off for 4 weeks in my store, than collect the items unsold and ship back.

After your signed up you should go to all the seminars if your serious about your business, Avon has in every city meetings for their representives to learn about the business model and how to make yours successful.  I would help you find your local meetings.

Let me know if you want more info I can get you started for 10 bucks. they are international but I am not sure which countries are allowed, will have to research that one.  I have a company website,  if you go there and try signing up it will tell you if you are allowed or not. If you want link let me know. Ok well good luck.

@ imperialco.Very good opinion.
@ Poster. I think the most important factor here is not just to see the internet business at face value rather you should consider your interest, resources and skills and it's dependency on the internet for the success of your business.Its never ideal to jump into a venture you see people getting into for the sake of earning money. NaijaEcash has some very informative material on his/her website.BTW nice one naijaEcash.

I agree

I run a business on-line www.orderbay.com

There are other businesses in Nigeria offering similar services, however OrderBay's
focuses on excellent customer service and timely delivery and this has distinguished us from the competition.

The beauty of an on-line business is the ability to run the business from anywhere at any time, AFTER
some stuctures and processes have ben put in place of course.

Naijaecash, how can we advertise on your web site ? The articles are interesting.

@orderbay
I sincerely apologize for not responding on time. I've been visiting Nairaland all this while, but forgot to subscribe to this thread, so I didn't see your request on time.

You can send information on the kind of advert you want via the contact form on my site Nigerian Entrepreneur Contact Me
Cheers.

Kudos to you Guys. So interesting that we have netpreneurs in this country. I'm Glad and very Happy for all of us.

Running an online business is real, just as real as doing a business in a local shop but all it calls for is understanding.
To my own understanding, online business is not a ONE DAY JOB unless you get into the train of GET RICH QUICK ( your success here is not guaranteed).
U run an adsense coated site, i am glad to my success, though not much but among Nigerians that exceed the withdrawal limit on Google, it happens to be my first money i will be receiving from my online business but am quite sure that success is one step forward.