With baby boomers getting older, the online supplement business is growing extremely fast. Baby boomers are the largest part of the population and thus control the greatest amount of money. Since many of them will be turning 65 in 2010, they will be concerned about their health. So starting an online supplement business can be a lucrative move, but there a few different ways to do it.
Instructions
1. Start with OnlineVitaminOutlet.com. This Web site has a large selection of vitamins available for adults, seniors, and children. They allow you to start up a wholesale account free of charge. You simply click on wholesale accounts, fill out the form and submit it. Once your account has been approved, you must have an initial order of $200 or more.
2. Start an e-commerce Web site. You can do this by going to Auctiva.com and signing up for a free trial of Auctiva Commerce. As of 2009, it costs $19.95 a month after the free trial is up. This will allow you to manage your inventory and list products on eBay if you like. It will also allow you to put your product feeds into places like Google so that potential customers can find your site.
3. Start a store with MarketHealth. This company allows you to market over 100 health and nutrition products. From weight loss to teeth whitening to anti-aging, it has supplements that covers a range of health care needs. Once you sign up, they will instantly give you your own e-commerce Web site stocked full of products and a shopping cart that will allow you to start taking orders right away. All you need to do is start driving traffic to the site, and they even show you do that. As of 2009, they have a three-day free trial, and after that there is a one-time fee of $99.95. You will make a 50% commission on every product sold, which averages out to between $30 and $40 per sale.
4. Start a network marketing business. You can build a network marketing supplement business with a company called Usana. You will need to start by purchasing a business kit for between $100 and $250 (as of 2009). This will give you DVDs, marketing materials and training, and for an extra $50 per month you can get your own Web site. This will allow you to sell supplements on line, but in addition to selling vitamins, you will be encouraged to recruit other people into the business. This is your downline and as they bring people into the business, you will make money off what they sell and what their recruits sell as well. You will also need to learn drive traffic to your Web site.
5. Join MyPerfectSites.com. This is a turnkey business that will provide you with a Web site already stocked with supplement products and an online payment solution. In addition, it will host your site and give you a domain name. It then ties your site to existing vitamin vendors through companies like eBay and Amazon. So you just have to drive traffic to the site, and when individuals make a purchase, it will take them to the vendors where the orders are fulfilled. As of 2009, this system costs $99 to start.
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