Flexing My Entrepreneurial Muscles

"Life ran out of pill, but I need lethal doses of your bitterness. You can't leave me bare & barren."

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Flexing My Entrepreneurial Muscles

January 13, 2009

I’ve opened an account on Ebay and started buying and selling some stuff late last year. I must say that I am thus far loving it. For one, I get to find good bargains. I even bought some used items – mostly just books and a few more items. I also was able to sell a lot of the books I didn’t want to keep. Buying internationally is also made easier.

Now, I’m thinking about how to expand an online business because a lot of people seem to be making good earnings with this sort of thing. I have friends who sell bags, lotions, perfumes, and other accessories and are making quite a good amount of fortune from it. But there are so many things to consider. Like how much would I be willing to invest on items that I would sell? Should I sell locally or both locally and internationally? Should I accept credit card payments or should I stick with money transfer? Or, most importantly, am I really sure about the safety of selling online, with all the scammers and people with bad motives in the Internet space?

One thing that I’ve read is a good idea is to sign up for a merchant account. A merchant account is a contract under which an acquiring bank extends a line of credit to a merchant who wishes to accept payment through card transactions. Many clients and buyers prefer to use credit cards in making purchases, especially online, because it is more convenient. Therefore, having the option to accept credit card transaction will definitely increase sales of any online store. Setting up a merchant account thus seems to be helpful. I’m going to have to check on all these factors before I try my hand on anything.

Posted by maeryn at 1:19 am | permalink

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About Me

[Maeryn]

Latin name meaning:Bitter

Popping pills soothes me even while they make me sad. I live for the bitterness they leave on my taste buds. And they let the world see that I am naked around them... and that I had too much of this barren life.

[Inside my Capsule]

Invisibility inundates my passionate and intricate world. Tragedy explains everything. I go alone as I watch my life pirrouettes in slow motion.