I have something really cool to share with you today…

How would you like to start a 2nd (or 3rd or 4th) revenue
stream that will not only bring in additional cash but also
boost your eCommerce store at the same time?

Sounds darn good right?

Well the guys at Daily Deal Builder have created a killer
app that will allow you to do just that.

We all know the Daily Deal model is huge – some are
calling it the new way to shop online – and getting in
now is key to capitalizing on this growing trend.

The problem is most of us don’t know how… that is not
a problem anymore. Check out this video to see how
the Daily Deal Builder makes getting into this model
easy as pie.

http://snempire.com/go.php?4_A1014647_112

The best part of this for eCommerce store owners is
that you can integrate your store products into the
Daily Deals. So you’re not only making money from
your new venture, you’re also boosting your existing
business.

This is a total win-win for store owners and the most
exciting thing I’ve seen so far this year.

Watch the video and email me with any questions.

Related posts:

1. Anatomy of a High-Converting Store Book
2. Ramp Up Your Store for the Holiday Season!

“Don’t put all of your eggs in one basket!”

This is more of a long term success key than anything else, but it is very important. I would rather have 5 niche businesses that make me $1,000 each every month than one business that makes me $5,000 every month. Why?

Consider this:  It’s easier, and for some people more realistic, to create a business that only makes $1,000 a month.  I mean, if you sell 20 things through one store each month that make you $50.00 profit – you’re there! That’s less than one sale per day. If we sell one item every other day that makes us a profit of $60.00, how much time are we spending filling orders with our drop shippers? 10 minutes every other day?

It’s simply easier to create little businesses that generate modest profits than it is to create a mega-monster business that you and your family will live and / or starve by. Think about it!  You only need to do this one business at a time.

The real genius of this business model is that you will always have one of your businesses generating money in the marketplace.  Yeah, maybe one of them takes a downturn and your sales get cut to shreds. So what?! It happens, even to the masters! They simply get back up after the impact and create another revenue stream.  If you have 4 other little business plugging along, you’re less likely to get hurt by a server outage, a market correction, a drop shipper flub, a merchant account error or any one of a hundred things that could crop up.

Diversify!

I own and operate 4 online stores. They have their slow and busy months. Sometimes they coincide, but most of the time one or two of the stores are in their “busy season” while the others are just bringing in regular sales. This way I’m making consistent profit all year long and I don’t have to worry as much about a market change because the chances that all four of my markets will change at the same time are extremely low.

Diversification is smart for business and your personal mental state.

Related posts:

1. Jumpstart Your eCommerce Business