Online Malls
Online malls are the poor man’s shopping website.
Basically it is a website that someone else has set up and is advertising as a “Mall”. This is a great idea if you want to do it.
Let me tell you how you can do this as well.
In a previous post I discussed Content Management Systems(CMS). You can also set up your own online shopping website with OsCommerce.
Download the open source software from OsCommerce and install it on your website. If you need a website, we can provide one here for a small fee. Just contact us and we’ll give you the details.
Once you have OsCommerce installed(really easy instructions to install), You just have to figure out exactly what you want to sell.
Don’t worry about inventory. You won’t need it in most cases.
Don’t forget to set up your paypal account. You may also need to get a business license since the next link will take you to a website that has Drop shippers.
Most drop shippers will require a Tax Id. You can’t get that without going through the IRS. But that process has been made really simple through the government as well.
Alright, so now you have basically everything you need except inventory.
The website you need to go to next is called World Wide Brands. This website deals with Drop Shippers and Wholesale dealers.
What exactly is a drop shipper? I talked about this quite a bit on another post.
OsCommerce has a module you can plug in and create an affiliate system. This will help you by getting other people to advertise your mall for you. Sure you have to advertise it yourself but if you get enough people, all you need to do is set up an automated system where they will advertise for you. You do the quick work. Calculate the affiliate fees each month and send them a check if necessary.
It all sounds really complicated but it really isn’t. You can even specialize your store towards a specific area of the market. Then make other malls that do something similiar but specialize in another market.
This all gets back to advertising and traffic. The more advertising you have, the more traffic you get. The more traffic you get the more money you make.
Filed under: General