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Even though the long Coronavirus period has impacted many people negatively, there are still ways that people can make money during lockdown……
Starting an online business...One of the most effective ways I can recommend to people is selling stuff online. This is a great way to make money for 3 key reasons:
1. It does not require a lot of money to start your own business; 2. It is not hard to start an online business; 3. You can manage it at your own pace. Below are some steps you may wish to consider in order to get started: Step1: Finding the right platform to sell on...
It can be quite hard to find the right platform to sell on, because there are many options. I personally would advise people to use Ebay, due to the fact that it is friendly, and it is a good place for new sellers to start their own business. Step 2: Comparing fee percentages...
When you have found the right site, which fits with your business plan, it is important to compare the fee percentages. Ebay charges 10% on the final selling price. Ebay is also a good place for new sellers because it is easy to sell on. Whereas Amazon may be more intimidating for newbies, due to their more complex fee structure. Step 3: Finding the right items to sell...
It is important to remember, that in order to successfully start an online business, and to sell online you will need to research into what people are currently buying, and what can make a good profit. Many sites (such as Ebay) offer charts that show what people are currently buying Step 4: Managing profit...
It is important to remember to manage the profit you make wisely. A great way to do so is by creating a pie chart to help you divide your income. Below is an example of what I do personally I enjoy being in business because it provides a steady income, and It also allows a person to be their own boss. In my spare time, I also enjoy playing basketball.
Author: Prince
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