Hey there Diana here from dianagracethompson.com Empowering Entrepreneurs To Build Wealth OnlineThanks for taking the time to listen to what I have to say. My intention is to build as much value as I can in a way that you can understand.
Today I want to talk about e commerce which is the #5 revenue generating genre in the home based business industry.
E commerce has been around since 1991 and it is the commercial transactions conducted electronically on the internet. It didn’t start making it’s way into the home based business industry until around 2008. It made it’s way into affiliate marketing then to MLM.
It has become a very competitive space when it comes to education and training. There are a few ways to approach e commerce. The first is through a 3rd party source which is most common. The 3rd party company allows you to use their name and leverage their reputation and traffic to list products and goods for people to purchase online.
The other option is through an affiliate program or an MLM which has become less common now than it was back in 2013. Then there is the independent route where a person handles everything themselves either online or offline.
Drop shipping is another popular option when it comes to e commerce. This is where goods are moved through the manufacturer directly to the retailer without going through the usual methods of distribution. With this method you do not have to keep inventory on hand.
E commerce in 21st Century
Find someone who does e commerce on a regular basis and is successful at it. If you choose e commerce as your primary source of income take it seriously and not as a hobby. Always learn and mirror and model those who are successful.
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