Im not sure if this is the right section, Im sorry if it is not. but I figured it said marketing so I was like why not ask. Anyways, I am looking to start my own online electronic software, similar to 'best buy' if you know of them. but everything will be online, until I can get my own chain of stores but thats in the future. and I would also like to buy peoples used items and sell them. So I was wondering how do I get started with this? Do I need to get business papers? or what? any help would be appreciated.
So do you want to open something like eBay or you will buy all the used items yourself and then resell them on your site for a higher price ? Best solution for that would be an eCommerce site.
well i mean u shoudl set it up threw paypal and nah u dont need any papers, i dont and i make a good amount of penny's. just work hard and u will earn it
hellbender you answered nothing. anyways. @ allday92: well kind of like game stop, they buy used games and sell for more. I will probably buy used games and have a used item category, where there will be everything thats used. then i will sell it for more then I bought it of course, have to make profit some how. I want it to be nothing like ebay. I want it to be an online store, not auctioning store. there will be set prices for items, not bidding. People will not be able to post there items, only things I have. when I want to buy a used item I am guessing I will talk them with it over the phone, discuss a price then have them ship it then send them the money.
In that case you just need a shopping cart for your site. Try searching DP for shopping cart script. You won't need any papers, of course that is if you only accept payments through PayPal. If you want to be able to accept payments with credit card directly you will have to talk to your bank and figure how you can set that up.
Yea I was planning on making it have other credit cards aloud like visa master card and so on. and also paypal. So thank you for your help. Do you recommend any shopping carts; while I look. I was looking at e commerce but you have to pay monthly which I didn't like.
If you're planning on selling digitally online, I recommend you go with esellerate.com, ejunkie.com or Clickbank.com as merchant platforms. Esellerate and ejunkie are probably the best of the three because of their powerful bandwidth and flexibility. Keep in mind that ecommerce webhosting is more expensive than standard webhosting in other businesses, ranging from $40/month to $200/month. You'll have to take that into consideration when determining your costs and profits. If you're planning on selling hard goods where you could be using a supplier or dropshipper, then you're going to have to have a merchant license because most wholesalers will not work with a person who doesn't have a registered business, thinking that you could be a scammer or bootlegger. If you're from the US, you can register your LLC with your state's department of commerce. Having an LLC gives major tax benefits compared to traditional companies who pay industry taxes out the wazoo. You can also check with your family or local accountant about registering for an LLC. They would be the best to assist you. Even if you choose to sell on eBay, if you're going to be using a wholesaler, you must be a registered business. Also check esellerate's and ejunkie's terms of service to see how they will allow you to sell your product on their site and what kind of commissions they want from your sales. Ecommerce is not a hard business to start, but it can be pretty involved. A misstep in the wrong direction can make or break your business. Make sure you do your research and planning from cradle to grave. Good luck.