How to Start an WEB STORE Selling The Best Selling Products OnlinePosted by Buchanan Vaughn on May 22nd, 2021 Starting an web store selling the best selling products online is much more easier than what a lot of people seem to realize, if you know how to do it in a step-by-step format. But before you start your website and create your company name you need to first determine which products you?re going to sell online. This way it is possible to give your company a name which may be related to your products(s) and a name that tells your visitors exactly what it is that you are offering on your estore. The following product lines are the best selling products online based on the NRF/Forrester Online Retail Index, The NPD Group, The Media Metrix Online Shopping Index and other statistics providers. Top selling products in order are: 1-Books 2-Computer Hardware and Software 3-Apparel 4-Toys 5-Video Games 6-Video Game Systems 7-Videos 8-DVD?s 9-Health and Beauty products 10-Consumer Electronics 11-Music 12-Jewelry 13-Office Supplies 14-Linens 15-Home D�cor 16-Flowers 17-Sporting Goods 18-Footwear 19-Appliances 20-Tools and Garden 21-Gifts. Then try to select read more within a niche product line. For example; Instead of selling all sorts of books, which is the number one selling product online, you would specialize in selling a certain category of books including the best web design books. Another example would be computer products. Rather than building an online super-store selling all sorts of computer products you'll focus on a niche hot market such as digital camera models. Lets break these steps down just a little further: 1.Create your company name. Do not make the normal mistake of creating a business name too quickly and without thought. That is an important decision that takes careful consideration. You'll want to decide on a name that should reflect the primary product line or service of one's new online store. Do not use your personal name in your organization name. Make your name descriptive in order that it advertises your products, or at the very least relates to your products or services. 2.Register your name. 3.Form your business structure; Sole Proprietorship. Next, move is to check up on the names' availability. Contact the name search department within the Department Of Corporations for your state. Next, select a type of legal structure for the business. You can find basically three types of business structures: Sole Proprietorship, Corporation and Partnership. Sole Proprietorship being easy and simple and quickest to create. Complete explanation of all of these terms are available at [http://www.estorefronguide.com] 4.Obtain your business/occupational license. (Only if needed in your county) Business licenses are generally issued through the town and/or county clerks office where you need to fill out and submit an application. 5.Obtaining your resellers license (sales tax license). Now you'll head on over to your local State Revenue Department (IRS) to apply for your tax license, which is also called your resellers license or dealers license. This tax license, (resellers license), offers you the privilege to get at wholesale from genuine wholesale distributors and sell at retail to the public. You will also have the duty of collecting sales tax from consumers for sales made within your home state. 6.Choose a top-selling, niche-product market. Choose a product line from the list above and perhaps dive deeper to find your niche market. Whenever choosing your niche market, ask yourself if you will find a certain type of product that you may already be educated in or a product line that you find interesting to learn about.Like it? Share it! More by this author |