If you’ve ever thought of starting an ecommerce site but don’t know how, a good place to start your research is over at Net Business Blog.
Check out the post on
The Golden Rules of Ecommerce where the author describes his experiences at starting an online memory store.
Its a long post but some of the main points are:
1. Love your customers
2. Implement Just-In-Time inventory management
3. Control your marketing budget, especially for print media
4. Learn about marketing and don’t spend too much on it if you can’t genuinely track the results
5. Have an exit strategy and know what sort of business you’re getting into up front. (whether you’re buying a low-paying job or a scalable business).