Added sources and a reflist for the wikihaus content team ←Older revision Revision as of 03:43, 20 February 2020 Line 4: Line 4:...

Start an Online Business As a Kid

By FaouZI February 19, 2020

Added sources and a reflist for the wikihaus content team

←Older revision Revision as of 03:43, 20 February 2020
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== Steps ==
  
== Steps ==
 
=== Brainstorming ===
  
=== Brainstorming ===
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#Make a list of things you like to do and are good at.[[Image:Start an Online Business As a Kid Step 1.jpg|center]]
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#Make a list of things you like to do and are good at.<ref>https://ift.tt/3bTYSbu>[[Image:Start an Online Business As a Kid Step 1.jpg|center]]
 
#* Go over your list and write down any ideas you can come up with to turn your knowledge and talents into money.
  
#* Go over your list and write down any ideas you can come up with to turn your knowledge and talents into money.
 
#* Think about the things you want to sell first. Is it a physical product? Is it a digital product that can be sent over the Internet, like a game or an image file?
  
#* Think about the things you want to sell first. Is it a physical product? Is it a digital product that can be sent over the Internet, like a game or an image file?
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#* Write good product descriptions for everything you want to sell.
  
#* Write good product descriptions for everything you want to sell.
 
#Do some market research. Search for similar products and note the design, materials, finished product, and price points.[[Image:Start an Online Business As a Kid Step 5.jpg|center]]
  
#Do some market research. Search for similar products and note the design, materials, finished product, and price points.[[Image:Start an Online Business As a Kid Step 5.jpg|center]]
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#* Set your prices. Consider the cost of materials, how much time it takes you to make it, and take into consideration what your competitors are charging.
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#* Set your prices. Consider the cost of materials, how much time it takes you to make it, and take into consideration what your competitors are charging.<ref>https://ift.tt/2L99EAj>
 
#* Make sure your price is fair to your customer, and also fair to you. Don't just sell something cheap thinking you'll sell more. If it's too cheap people will think the quality is bad and won't buy from you. Of course, when you're selling to people in your school you can make cheap prices because they'll see exactly what they're getting, not just a picture.
  
#* Make sure your price is fair to your customer, and also fair to you. Don't just sell something cheap thinking you'll sell more. If it's too cheap people will think the quality is bad and won't buy from you. Of course, when you're selling to people in your school you can make cheap prices because they'll see exactly what they're getting, not just a picture.
 
#Determine shipping costs. Weigh your item, along with the packaging you'll use to ship it. Then look up postage on the post office website.[[Image:Start an Online Business As a Kid Step 6.jpg|center]]
  
#Determine shipping costs. Weigh your item, along with the packaging you'll use to ship it. Then look up postage on the post office website.[[Image:Start an Online Business As a Kid Step 6.jpg|center]]
 
#* Use a postal scale to get the right weight so you can estimate the cost of postage. If you don't have access to a postal scale, see if your parents can weigh it at work, or go to the post office... they'll be happy to weigh it for you, but sometimes they won't.
  
#* Use a postal scale to get the right weight so you can estimate the cost of postage. If you don't have access to a postal scale, see if your parents can weigh it at work, or go to the post office... they'll be happy to weigh it for you, but sometimes they won't.
 
#* Consider the cost of packaging. The post office has free boxes for priority mail, but if you're sending first class to save money you'll need to furnish your own boxes or padded envelopes. Add these costs to your shipping price. You don't want to spend all your profits on shipping.
  
#* Consider the cost of packaging. The post office has free boxes for priority mail, but if you're sending first class to save money you'll need to furnish your own boxes or padded envelopes. Add these costs to your shipping price. You don't want to spend all your profits on shipping.
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#Send out your orders as fast as you can. People who shop on-line expect fast delivery. Make sure you do this if you want repeat customers. Keep them happy.[[Image:Start an Online Business As a Kid Step 7.jpg|center]]
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#Send out your orders as fast as you can. People who shop on-line expect fast delivery.<ref>https://ift.tt/38GPlTa> Make sure you do this if you want repeat customers. Keep them happy.[[Image:Start an Online Business As a Kid Step 7.jpg|center]]
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#Take advantage of postal discounts. If you're paid by PayPal, you should go into your account and click on "Print Shipping Label" next to your customer's name to buy your postage.[[Image:Start an Online Business As a Kid Step 8.jpg|center]]
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#Take advantage of postal discounts. If you're paid by PayPal, you should go into your account and click on "Print Shipping Label" next to your customer's name to buy your postage.<ref>https://ift.tt/3bWesn4
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</ref>[[Image:Start an Online Business As a Kid Step 8.jpg|center]]
 
#* This saves you from needing to go to the post office, and you'll get free tracking, plus a postage discount of about $1. Plus, when you buy tracking at the post office it costs about $1, so by printing postage on-line you will save about $2 for each package... this is profit... more money in your pocket for each order. It adds up! (Or you can pass the savings along to your customers.)  
  
#* This saves you from needing to go to the post office, and you'll get free tracking, plus a postage discount of about $1. Plus, when you buy tracking at the post office it costs about $1, so by printing postage on-line you will save about $2 for each package... this is profit... more money in your pocket for each order. It adds up! (Or you can pass the savings along to your customers.)  
 
#* If you buy your postage labels from PayPal you also get $50 free insurance, just in case your package gets lost or damaged. Plus all you have to do is put your package in your mailbox and the postman does the rest, no more trips to the post office.  
  
#* If you buy your postage labels from PayPal you also get $50 free insurance, just in case your package gets lost or damaged. Plus all you have to do is put your package in your mailbox and the postman does the rest, no more trips to the post office.  
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#Take advantage of the vast possibilities to promote your business, on-line and off-line.[[Image:Start an Online Business As a Kid Step 15.jpg|center]]
  
#Take advantage of the vast possibilities to promote your business, on-line and off-line.[[Image:Start an Online Business As a Kid Step 15.jpg|center]]
 
#* Start with some simple free ways to advertise, like telling your friends and family. They may love the product you sell and spread the word.
  
#* Start with some simple free ways to advertise, like telling your friends and family. They may love the product you sell and spread the word.
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#Optimize your website for search engines.People will find you if they're looking for a kind of product related to yours. For example, if you sell plant seeds, use keywords like seeds, planting seeds, and gardening. Think of relevant search phrases too, like marigold seeds, or pumpkin seeds. But don't just use keywords, write a little bit and use your keywords in sentences.[[Image:Start an Online Business As a Kid Step 16.jpg|center]]
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#Optimize your website for search engines.People will find you if they're looking for a kind of product related to yours.<ref>https://ift.tt/2XBXTEA> For example, if you sell plant seeds, use keywords like seeds, planting seeds, and gardening. Think of relevant search phrases too, like marigold seeds, or pumpkin seeds. But don't just use keywords, write a little bit and use your keywords in sentences.[[Image:Start an Online Business As a Kid Step 16.jpg|center]]
 
#Promote your business. A successful online store starts with you being found.[[Image:Start an Online Business As a Kid Step 17.jpg|center]]
  
#Promote your business. A successful online store starts with you being found.[[Image:Start an Online Business As a Kid Step 17.jpg|center]]
 
#* Use social media to create some buzz.
  
#* Use social media to create some buzz.
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* Make sure you get paid before you give or send your product. This is how business works and a real customer expects to pay first. Think about it, you can't just walk into a store for those cool shoes and promise to pay later. You pay upfront.
  
* Make sure you get paid before you give or send your product. This is how business works and a real customer expects to pay first. Think about it, you can't just walk into a store for those cool shoes and promise to pay later. You pay upfront.
 
* Never give a free item to anyone asking for a sample in exchange for them writing about you on their blog. This is a common scam. If someone offers to write about your business, they can use your pictures. They don't have to get something free and take pictures themselves. Maybe make them a counteroffer, like they write about you in their blog, and you will about them in your blog.
  
* Never give a free item to anyone asking for a sample in exchange for them writing about you on their blog. This is a common scam. If someone offers to write about your business, they can use your pictures. They don't have to get something free and take pictures themselves. Maybe make them a counteroffer, like they write about you in their blog, and you will about them in your blog.
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==References== 
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