This is another mode of selling online, probably the
simplest. In this (Internet selling), what you require includes pictures of the
product you want to sell, the product description or sales letter, the minimum
acceptable price you will sell, how you will deliver goods sold (e.g. through
courier), and how you want your money paid.
All these features are provided on the site, and the auction site owner
designs the page and markets your product. Three leading sites that offer the best mix of features for buyers and sellers are Ebay, WebStore, and eBid.
In Nigeria, for example, online selling is a growing
trend; hitherto encountered problems such as how to pay for things and how to
accept payments in foreign currencies are no more Circuitatlantic, Surepay and Naira.com take care of
all these issues.
Similarly, Lionsales, provides online opportunities of
buying and selling property, which includes lands, houses, office, shops and
warehouses. Here, prospective buyers need not scout for Estate Surveyors and
Valuers or Estate Agents. What is required is to visit LionSales and
explore in hope to consummate a transaction. It is almost always an exciting
and rewarding experience.
Conclusion
This series has portrayed the Internet as a medium of
entrepreneurship, given benefits that the Internet provides over traditional
channels. Prominent among these benefits of Internet transactions are time
saving and convenience. However, there are associated risks such as delivery
risk and payment risk. Aspiring and burgeoning Netpreneurs are advised to
ensure that adequate security is put in place to avoid or check these
risks. The series also considered the Internet
and its associated technologies as a form of innovation, breaking the
boundaries of time zone and physical distance, yet there are apparent
challenges in successfully penetrating the global market due to language
barriers, cultural differences, and legal matters, among others. For example,
the majority of the users of the yahoo.com domestic portals in the People’s
Republic of China, Hong Kong and Taiwan are not bilingual, thus cannot apply
the information provided by yahoo in other languages. This is an emerging issue in Internet entrepreneurship
and should provoke the research interest of scholars.
Finally, beyond these apparent challenges, the virtual
landscape offers endless opportunities for the entrepreneur. You can get started without some of the
barriers (such as land, labour and capital) in traditional business.
I hope that this Internet business/e-commerce tips have been
helpful? As always, I look forward to
your comments.
