Everyone owns a smartphone these days. The uses of a smartphone, apart from communicating with each other and connecting on social media, can also help you earn money. Did you know that there are online apps to earn money? Yes, you can download apps after researching about the job you are needed to do and start working from home. From apps that require you to fill surveys to those that pay you to review products; there are tons of options out there. However, the best online earning app that you can actually profit from is the Shop101. It is an app that empowers budding entrepreneurs to run a successful business online.
What is online reselling?
Online reselling is the process of selling products sourced from a manufacturer or wholesaler, to your customers. Here, you don’t have to worry about the shipment as the product gets sent to the customer directly by the manufacturer. Your main focus has to be your online store and how you want to manage it. From finding the right products to sell to figuring out where to sell them and to whom.
For any business, one first needs to identify their target audience. Furthermore, you need to take into consideration the purchase history, shopping habits, needs of the customer and more. This helps you understand the kind of products your store needs and what will generate more income.
Online reselling business can be run in two ways
Let’s take a look at what they are:
- The first way is where you source the products from the manufacture or wholesaler and decide to resell them within your known channels. Here, you will need to look into the shipping and fulfilment process as the products are with you and you will need a way to send them to your customers.
- This is a fairly simple approach where you sign up with an online reselling portal that allows you to choose products from their catalog, in order to resell them. Here, the shipping and delivery is on the manufacturer and not you. In most cases, the app you sign up with is a zero investment one. In this article, we will talk about how Shop101 isn’t only a zero investment app but also a risk free business model for budding entrepreneurs to run a successful business online.
Who all can become a reseller? Know about the best online earning app.
Stay-at-home moms, new mothers, college students, professionals wanting to earn extra, and even you can do it. Basically anyone with time in their hand and a smartphone with good internet, can take this up. Since it doesn’t look for specific qualifications, it is open to everyone who have always dreamt of running a business.
Well, if you’ve always wanted to run your very own business, now is the time to get about doing it. The second option being the easier one of the two, Shop101 is the best online earning app to complement that idea. So let us tell you a little about how this app works and what’s in it for you. This could very well be your ticket to earning money from home. Also, here’s why you should start an online reselling business during the pandemic.
Shop101- The best online earning app for you!
The Shop101 app is available on your PlayStore for you to download. This user-friendly app can help make any new user, into a successful reseller. All you have to do is sign up and create an online store. When creating a store, ensure that you have a good name for your brand. The name should be catchy and yet something that your audience can remember easily.
Furthermore, pick the products that you want to resell. Now, this can either be specific to a niche or you can broaden your category to accommodate other popular products. This will help you earn profits at a quicker pace and with Shop101, your payments get released every week! Isn’t that amazing?
After you pick the products, the next step is to share them on social media. But before you share there, you need to spread the word among friends and family as well. That’s the first and most organic way to spread the word about your brand. But, that is not enough! In this digital age, having a digital presence is also equally important, if not more important. So start sharing product information on social media channels. In fact, it also helps to create a business page so that it can exclusively deal with interaction between your customers and you.
It is only when you share on social media, that you can earn your margins! As we’ve been following the simple mantra that says #ShareKaroEarnKaro all through this month; it is every bit true. Get to know more about sharing on social media in the video below. Tell us if you have any more ideas that can help a reselling business, in the comments section below.
So, look no more as the best online earning app is right in front of you. If you’d like to know more about online reselling at Shop101, then hit us up or drop a comment in the section below.
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