How are you going to invest in Silver?

Well the question is clear and the answer to it depends on the investor.
You can buy stock...
You can buy ingots...
You can buy Jewelry...

Buy the stock and your in the market place and playing the game, Sell, Buy ,Hold! Your stock investment is a good idea if you building a solid portfolio of investments.

Buy ingots and store them in a safe or bank box and wait till your satisfied on the return of your investment has reached its peak. Then sell them to some one or company that buys silver. But you wont get your full value unless the market is still rising fast.

Lastly Jewelry. Buying Sterling silver Jewelry is also an investment but If your a Silver jewelry wearer, then it becomes a more personalized investment for you. Your still buying silver as an investment but you get the visual enjoyment addition to your investment.
When all is said it still comes down to your choice. For me I like the sterling silver charm jewelry as my investment. Go to www.luckysilvercharms.comand see what I mean

So you want to start an E- business? Step 3

Now your ready to build talking about it here gets tricky it all depends on a lot of factors like skill level which hosting company your vision of the site so once again I will just relate this article to one of my site for example and visual purposes the site is www.luckysilvercharms.com put it in another tab while your working on yours so you can refer back to what I an saying here. Now lets talk about design and layout of your home page. There are many things to decided on here. Scheme color like the example site, Light blue for a border and black text with red and another blue as highlight colors. Your color choice should match the “feeling” of your product like green for camping gear or pink and light blue for baby clothes I went with blues for the royal, classy shiny feel. Notice the clean look I didn't use a lot of highlight colors so it isn't cheap looking My header I had made you can make your own if you into that sort of thing bu I left mine to the pro's You can find them on the web all over the place and prices range from 50 dollars to 300 dollars.

So you want to start an E-business? Step 2

Okay you got your product ideas hopefully you have about 6 or more ideas of product to sell on your site. Next!!!! Take these product ideas and put the related keyword in to Google again and open the top three or so sites and see if your exact product is being sold there and at what price are they selling for. Write them down for each site and each product idea you have. Compare the prices from the drop shipper and the competition. This will give you an idea of your profit margin. If you find the drop ship price and the competition price are to close you may want to either look for a different drop shipper / wholesaler or just drop that product and try the next one on your list. I recommend trying to get at least a 6 to 15% profit margin The larger your initial price you pay the less of a margin you will need to get the profit amount you desire. You need to be in the high middle on the pricing. You don't want to be the highest or the lowest price out there. Your thinking should be a quality product doesn't have to be the cheapest. If you price to low your site visitors wont be so inclined to trust your reputation as an established up standing business, just a closeout discount fly by night store. The sites that last are the ones who have the appearance of class and trust. Okay? While you were looking into drop shipper you probably got their price list and where and how your going to put pictures of the product on the site and descriptions of each product as well if not go and get them. Now your getting a clearer picture of how your site is going to look. If all of your product ideas don't pass all of these tests. Sorry but time to back to step one and get more ideas. If they pass and meet all of your expectations fantastic you got an e-commerce business starting to take shape. Time to think design and color scheme for you site. Time to look for Hosting sites. Time to get a URL (Domain name). URLs should be 3 words or less. I like Go Daddy they have good prices and easily searched. Try to include your main keyword (s) in the title For example the site I am using in these articles is www.luckysilvercharms.com What do you think the site has for sale? The more you can ease the customer on remembering your site the better off your chances of them bookmarking the site and telling their friends. So please don't use obscure phrases or slang and no play on words like Bazeball for Baseball or Phat for fat Also no numbers or letters as well as the words “Store” or “my”. Look at our example we are using here. You get a clear picture I am selling, charms better yet silver charms and just for a marketing touch I added the word Lucky as in Lucky charms or good luck charms. You see all the ideas you get from the domain name are related to the product thus relating the customer back for more sales. Okay there is the cereal in there too. But It is a good cereal. Now a word or two on hosting sites cheaper is not always better it all depends on your site building skills if your a HTML FTP guru that almost any reliable hosting site will do but if your new to it find a company that offers good technical support either by phone or e-mail. There are companies that charge from 7 dollars to 45 dollars per month. Do you research find a good one that has a good reputation for not crashing and good tech support. Then come back and read the next step.

So you want to start an E-business? Step 1

First things first research research research research I cant stress that enough!! First picking a product. If the product is yours great skip this article and go on to the next one in this series, if not read on. I like drop shipping sites that's what I build. I'll tell you why, no inventory no shipping no product handling with the exception on returns (maybe). Bad point of a drop shipping site is a lower profit margin. But it is your business build it how ever you are comfortable with. Have I mentioned doing research yet? Let start with saying that you don't have a product yet and are looking for one. First off there are tons of wholesalers out there that want to do business with you. But start with Keyword (your product name/ area) research first. There are some site out there that let you do your keyword research for free WWW keyword discovery tool .com is one I use a lot. Your looking for a niche product which is to say your looking for something lots of people want but not to many site are offering it. You looking deeper that just the main word. So for example lets say your going to sell jewelry. I will be using this as the example for the rest of these articles so you can refer to one of my site as an example (www.luckysilvercharms.com) Book mark it for future use. You want to start your search for the keyword “jewelry” you'll notice that word has a bunch of hits per month but there are also some keywords below jewelry that also have a good number of hits as well. Write those down your looking for a minimum of 1000 hits or better. You need to do that same principle with other main keywords. For example if you start with sports look for the niche with in sports like mountain biking or better yet parts for mountain bikes, do you see what I mean here? Once you have found about 30 keywords that meet that criteria go to Google and put each of them into the search box and see how may sites are out there using that keyword. Your looking for lower that 6 million competing sites. The lower the number of sites the less your competition will be. Once you have gotten a few keywords that pass both challenges you now have potential products. I say potential because you now have to find a drop shipper for that product. Go to Google and look up “Drop shippers” and ”Wholesalers”visit their sites see if they have your product and the price they will sell them to you for. (some you may need to sign up for with an EIN number [Employer Identification Number] You get one of these by establishing a business name or corporation. But that is another story. This short article sounds simple enough but plan on spending a good amount of time doing these steps and get keywords from a few different product areas that you might be interested in. Trust me if your not opened minded about different products your research will take longer and you will tend to give up and miss out on the gold mine opportunity. When you have these tasks done come back and read the next article in this series to continue on the journey