I have been a member for a few days and have been reading the site voraciously. There's so much good stuff here, thank you all. I consider myself to be knowledgeable as far as general business goes but doing business online is something I have never quite got the hand of. I run few sites here and there but I still think of myself as being very new in this.
Anyway, I have been thinking of starting an online shop that sells hand made "African style" earrings for a while now - mainly because I know where I can get the made/wholesale pretty easily.
On another thread in this beautiful forum, I came across the advice that it would be a good idea to validate an e-commerce business idea by first listing and selling the items on a place like ebay - so as to establish that there actually is a market before going onwards to get a site up and all that.
So I went out and bought some stock with the help of an earring specialist (my girlfriend :P) and over the weekend I am going to put them up on ebay and monitor their reception, optimal pricing and how long it takes to move the stock. Does this sound like a good idea to you experienced folks?
Additionally, I've determined that I would much rather be a wholesaler in the long run instead of retailer. Because:
-Shipping from Kenya to individuals in other countries can get expensive
-It seems to me to be a less involving approach to the business
I'm going to test this out on ebay by selling some items individually as well as others bundled up as a wholesale package.
So why I am I writing this to you? Well, I am excited to share with you a plan that was hatched while reading these forums. I'm also hoping that if any of you sees that I am going down an obvious dead end they would nudge me towards another direction.
Thank you for your time!