Many mail order
businesses started as home based businesses,
such as Lillian Vernon. The business can be started part-time.
You need to select a good product and build the advertising
material around it.
You can sell via direct mail (brochures, sales letters,
catalogs) or the Internet. Succeeding in a home based mail
order business requires hard work, patience and preserverance.
It takes planning and managing.
You can use direct mail inyour home based
business in two ways. One is by sending a sales
letter, brochure, order card, and reply envelope to the
customer and asking for the order. In the second method, you
advertise in a magazine or newspaper offering the customer more
information about your product. They request the information
and you send your sales material. Mail order companies are now
advertising and selling their products on the Internet.
In your home based business, you can stock the items
you sell (inventory) or you can use a droppshipper. A
dropshipper is a company who stocks the product you sell. You
advertise the product. The customer orders from you. You send
the order minus your profit to the dropshipper. The dropshipper
mails or ships the product to your customer. You retain the
customer.
This home based business can be profitable if you offer
quality consumer items at a good price.
What does it take for this business?
This home based business takes hard work, patience and
perserverance. You must dedicate yourself to employing the
proper strategies for selling your merchandise, getting, and
retaining customers.
You must have excellent organizational skills. You will need
to track your advertising compaigns to determine which ones
work. You need to build a database of customers to track their
responses. You need to be able to write persuasive sales
letters and descriptive brochures. You should choose a product
or service based on your interests. You will be able to sell
your product or service better.
You need to learn about mail order, its marketing strategies
and be cost-effective in all aspects of the business. You
should purchase items by mail order, study the packaging,
pricing and marketing materials. You should continually do
research on trends in the marketplace.
What do I need to operate this
business?
You need an area to package your product which could double
as your home based business office. If you stock inventory, you
will need a place for storage.
The start-up cost for this business is low, depending on the
product or service, and whether you have the basic equipment
and supplies you need.
You will need to advertise your product or service to
develop a mailing list. Or, you can rent a mailing list. You
should determine your target market and work with a list broker
to develop names of people interested in your product or
service.
You need a way to maintain your mailing lists, preferably a
database.
Basic Equipment and Supplies:
Computer
Printer
Mailing Permit
Mailing supplies
Business phone line/toll free number for ordering
Equipment and supplies needed to create your
product or service
Assembly and packaging area
You can review resources for this home based
business here.
What services or products do I
provide?
You can sell virtually any legal product
through mail order. There are some exceptions and you should
review postal regulations and shipping company
regulations.
Crafts
Toys
Telephones
Home furnishings
Clothes
Electronics (DVD players, TVs, Stereo components
and so on)
CDs and DVDs
Food products
Medical Supplies
Books
Pamphlets
Newsletters
Check various mail order catalogs for the
different types of products that can be sold.
What are my potential
earnings?
$100 to $100,000 + annually
How much do I charge for my
services?
The amount you charge for your product or
service depends on the marketplace. You should research similar
products and services.
How do I bill for my
services?
There are several billing methods you can use
in your home based mail order business.
If you advertise in newspapers, magazines,
catalog, or by direct mail, you will ask your customers to pay
by check, money order, or credit card.
If you sell your product via the Internet, you
can accept checks, money orders, or credit cards. To accept
credit cards, you need a merchant account and a secure Web
site.
How do I market my
business?
Offline
Advertise in newspapers and magazines.
Buy or rent mailing lists from list brokers.
Issue a press release.
Create a catalog or brochures of your products or
services.
Create direct mail pieces for your home based
business products or services.
Online
Create an informative Web site, describing your
products or services and listing your prices.
List your home based business Web site in online
directories.
Issue an online press release.
Link your Web site to related businesses.
Publish customer testimonials on your Web site.
Use "Tell a Friend" and "Bookmark This Page" viral
marketing techniques.
Follow-up with customers about the quality and value of
your products or services.
A mail order home based business takes
patience and a lot of work to be successful and profitable. You
can review the resources for this home based business
here.