Why? Let's take a look at the numbers for a moment. Consider this: according to a report by eMarketer, digital ad spending in the U.S. will exceed traditional ad spending for the first time this year. By 2023, digital will surpass two-thirds of total media spending. Total digital ad spending in the U.S. will grow 19% to $129.34 billion this year -- 54.2% of estimated total U.S. ad spending.
The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory (or any inventory whatsoever) of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don't have to manufacture or store any products at all.

I’ve done the blog (20 years), drop ship (24 years), tech support (20 years), web development (30 years) and can tell everyone – these are definitely NOT that lucrative anymore. It’s all been taken over by offshore development, social media and corporate conglomerates. The individual really cannot compete like they used to or gain enough revenue to call this a lifestyle (side-business at best, but you wind up working very, very cheaply).

Verify any potential liabilities, guarantees, etc., that may have been offered in the past. Get copies of old site versions from the owner. Some sites began by offering 1-2-or 5-year guarantees on their product. These claims can come back to haunt you. You’ll need the seller to indemnify you from any future claims or you need to have a mechanism to offset any claims against the balance of sale.


Companies like Graze, Blue Apron, FabFitFun, LeTote and many others are on the rise. In 2016, it was estimated by Shorr Packaging that there were 21.3 million box subscription websites, up from just 700,000 in 2013, a roughly 3,000 percent increase. What's most interesting here are the consumer demographics. The typical visitor to a box subscription websites makes roughly $78,436 a year and is in their early forties.
Great article. I’m a former algebra and financial literacy teacher. Do you think there’s a market for teaching a financial literacy system to students online? Homeschool possibly? I could also do algebra or pre-algebra topics? Any thoughts of where to start? I have the content ready, just not sure which topic would be better and more profitable. I do get excited about teaching financial literacy more!
Verify any potential liabilities, guarantees, etc., that may have been offered in the past. Get copies of old site versions from the owner. Some sites began by offering 1-2-or 5-year guarantees on their product. These claims can come back to haunt you. You’ll need the seller to indemnify you from any future claims or you need to have a mechanism to offset any claims against the balance of sale.
One of the most important internet marketing strategies is to develop every customer's lifetime value. At least 36 percent of people who have purchased from you once will buy from you again if you follow up with them. Closing that first sale is by far the most difficult part -- not to mention the most expensive. So use back-end selling and upselling to get them to buy again:

You know this one already. You include links to products you are promoting as an affiliate and every time somebody buys the product, you get a commission. With a blog, you can integrate advertising with content to make it even more likely you’ll get the sale. For example, you could do a product review—which is useful content—and then include a link to buy the product under an affiliate link.
The rise of the chatbot has been extraordinary to witness. Thanks to the ubiquity afforded to us by chat on platforms like Facebook, we've grown quite used to chatting with friends and family across all our social media networks. That's why AI-powered chatbots present a new digital frontier for businesses looking to automate and relinquish much of the man-power it takes to have a chat with its customers.
Due diligence therefore lies with the buyer. If you aren't familiar with best practices, purchasing a business through an auction site should be approached with some caution. Quality listings are harder to determine, and shill bidding -- the practice of creating fake buyer accounts to bid on the site --  can artificially inflate the price of businesses that may not be worth the asking value.
Even though it might sound like an easier and faster route to success than building a completely new brand from scratch, there can still be risks involved. The upfront investment when buying an online business for sale is generally much higher than simply building a business from scratch, you may have to take over processes and systems that are inefficient or outdated, you may take on employees and there could be potential liabilities and legal risks imposed on the business as well. For these reasons, doing your own due diligence is of the utmost importance if you’re interested in purchasing an online business for sale.

The question then becomes, how can you take advantage of this massive surge of spending happening every second of every single day online? The truth? Whether you're looking to start a simple online business as a side hustle, or you're quite literally looking to get rich and make an exorbitant amount of money online, there are 7 businesses that simply can't be overlooked. 

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