Ladies and gentlemen, I'm pleased to present you a new profession that might be appealing to you. These profession employed over 1 million people across the world and is expected to grow in the coming decades. I'm going to relate to a few questions:
1. What is required from an online merchant?
2. What are the advantages and benefits of such work?
3. Who may be suitable for this kind of work?
4. Some statistics about this field.
What is required from an online merchant?
Working as an online merchant, marketing goods online, sounds fun and easy but actually it's a profession to learn through the years. The main abilities required from an online merchant:
1. Learning all the time - marketing online is a rapid developing field which evolves steadily in many directions and new niches. Being able to keep abreast with these fast changes is crucial for a successful online merchant.
2. Passion for the sale - an online merchant should wake up at the morning with the thought "what am I going to sell today". Without this passion, you'll never last in this field.
3. Perseverance - like in every business, the online merchant must have the ability to wait even years till the income becomes significant. This is not a field for people who seek a quick way for getting rich. The process of becoming a seasoned online merchant is tedious and frustrating, so you better take this point into account.
What are the advantages and benefits of such work?
Well, It's obvious, isn't it?
1. Totally independent - no boss, no colleagues, no office politics. Just you - an army of 1 person.
2. No need for a location - no need for a shop or a workshop.
3. No need for merchandize - you buy your stock when you receive orders from clients.
4. No risk of getting fired - you may earn a little but you can't be fired.
5. No age bias - the term "age 40+" doesn't apply to this kind of a job.
6. No boredom - you always learn new things and new techniques.
Who may be suitable for this kind of work?
When I think of this question, I can depict an online merchant as:
1. Merchant - likes and good at selling things. Even on the Internet, a sale is a sale. Merchandise is merchandise.
2. Likes working with computers - isn't selling online involving computers?..
3. Patient - success in sales requires time and experience. It's not a piece of cake.
4. Little talent for sales - as in every career, talent can be useful..
Some statistics about this field:
So let's have a look at main statistical figures:
1. In the USA alone, there are about 90,000 online stores making at least $1000 a month. out of these, about 55,00 stores make at least $2000 a month.
2. In the USA, the average annual income for a full time job online merchant stand at about $65,000. The hourly income is about $30.
3. The most successful niches in the USA involve the financial world: loans, insurance, credit cards, debt solutions etc.
4. About 10% of all shopping done in the USA - is done online!
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