Moments in My Life

Starting an Online Store

18th July 2008

Starting an Online Store

posted in Myself, Misc |

To be financially independent is what most people are looking for.  As for a full time stay at home mom like myself, I also yearn to be financially independent if possible.  It is very difficult for me to be able to work full time outside our home if no one is there to help caring for my child.  But I also learn there are many ways to earn some extra income while staying at home with my child.  One of them is starting an Online Business. 

If I ever want to start an online business, I would probably be opening an Online Baby Store selling products for baby and toddler. As a mom myself, I love shopping online for baby products from the convenient of my own home. I do not have to drive out to the mall to purchase the items I want. I can also make comparison between the online stores to make sure my purchase is of the best value. So I definitely think this online business concept is possible and may bring in a good income.

But before I can start an online business, there are many things that I need to research for the website. Although I can pay someone else to do the whole package for me, but I rather learn it myself. I love to learn new things. And one of the most important component of an online business if how you want to receive your payment. There are many ways a buyer can pay for an order - credit card, electronic check, paypal or others. To set this up, I may engage the help from Orbit Payments from Global Funding Alliance.

Their credit card processing rate is low, only at 7.45%. Not to mention that they offer professional and secure solution to how the payment is processed and handled. Another feature they provide is weekly payouts, only a single week in arrears. This way will help my online business to grow much faster. There are many more features which I can’t finish explaining here. But you can always read more about this on their website.  They also provide a demo if any of you are interested to test their system out.

I know it is not as easy as it seems to start an online business as there are many other areas that I have to look into beside this. I will have to put in a lot of time for research and setting up before my online store actually able to open to the public.

This entry was posted on Friday, July 18th, 2008 at 12:55 am and is filed under Myself, Misc. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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