Thursday, September 27, 2007

High Risk Merchant's Guide to Selling Computer Hardware Online

Many people have been making a lot of profit off selling computer hardware online. Unlike selling software or other digital items online, computer parts undergo an entirely different selling process and may be considered less risky on the transaction scale.

RESELLING SERVICES

A lot of computer hardware merchants actually make money by reselling computer parts. They will buy it for a lower price or acquire used parts then sell them online for a percentage of profit. There are a lot of existing reselling services online that will provide you several services in one package for a price. Some of these services may include:

  • worldwide vendor inventory search

  • new product alerts from advertising merchants

  • website customization

  • drop shipper list

Others work like eBay. You will only need to:

  1. Register

  2. List your products with their descriptions

  3. Receive buyer offers

  4. Pick, reject or haggle offers

  5. Accept payment

  6. Ship the product

Plus you will have access to what other merchants are selling online by browsing the virtual marketplace.

DROP SHIPPING

High risk merchants find that if they can affiliate with good computer hardware drop shippers, they can make a ton of profit. Drop shippers only charge for the wholesale cost of the items and ship the items to the customers themselves. In fact, some merchants make money solely through making selling contracts with drop shippers.

MERCHANT ACCOUNT

Computer hardware sells like hotcakes these days too, according to online marketing researchers. When computer hardware merchants start transacting high volumes of payments each month, they may also start considering getting a credit card payment processor or a high risk merchant account provider to help them handle the growing sales volume.

Here's a list of benefits of having a computer products merchant account:

1. VIRTUAL TERMINAL

Once the merchant account is up and you are ready to accept credit cards, it's likely that your provider will let you process checks and other forms of payment using a virtual terminal. If you do the math, not only will you preserve the old-age functions of your business, you will also likely quadruple your sales as soon as you acquire your virtual terminal.

2. SAVINGS AND REDUCED RATES

High volume merchants profess that the new account has helped them save thousands of dollars per year, with discounts and promotions. Moreover, if your business is considered high risk and you're enrolled in an offshore bank, you get the privilege of reduced tax and non-governmental interference.

3. STATEMENT/ACCOUNT HISTORY REPORTING

Keeping count of your transactions whether it's daily, weekly, monthly, or yearly is extremely valuable to your business. Account providers ease your burden plus give you quick access to your account statements if you wish to view it online.

4. PROTECTION FROM FRAUD

It's mere common sense to apply only for a high volume merchant account that offers protection from fraud. This is the number one reason why some merchants don't want to take the first step towards application. A sophisticated system like SSL or secure database encryption will ensure no identity theft will happen. This results in less chargebacks.

5. SHOPPING CART

How you do your business remains the same except that your customers will find more ease in buying your products and services. For a discussion of online shopping cart, see Streetsmart Tips in Choosing Your Online Shopping Cart.

more articles at www.highriskexperts.com



Wednesday, September 26, 2007

Selling Digital Item Features - What's Hot, What's Not

Know that not all high risk merchant account providers are able to let you sell downloadable items for the simple reason that only a handful of them can provide 100% secure delivery of the files. When this happens you resort to selling at eBay for free, but selling at eBay also has its own pitfalls. In choosing a merchant account provider for selling digital items, you should weigh the following positive and negative points:

PLUS POINTS

INSTANT DELIVERY

AUTOMATION

INTEGRATION

HACK-FREE

The ability of MAPs to deliver digital products sans hacking. Selling digital files won't be called a high risk merchant's territory if it does not involve the risk of getting hacked. Secure download is the rule, not the exception. Passwords with expiration dates are better than having to provide a download link where the url can be easily typed and the file be downloaded repeatedly by different users.

MINUS POINTS

LIMITED PAYMENT PROCESSING

One thing I noticed is that even though a lot of high risk merchant account providers can process payment on your digital download sales, they can only process a very limited number of payment options such as Paypal, some credit card, some e-checks, or process payments only in U.S. dollars.

LIMITED OR NON-INTEGRATION

UNSTABLE FILE LOCATION

NON-AUTOMATED DELIVERY METHOD

full article:

Selling Digital Item Features - What's Hot, What's Not


Selling Software Online - Quick Tips for High Risk Merchants

Marketing researchers online have shown that of all the products that get sold online, computer hardware and software hit the highest mark. Tech-smart entrepreneurs can create their own digital products (e.g. E-book, software, digital images) or buy and sell computer parts and then sell them online for free. Some of these merchants also get the help of third party payment processors or high risk merchant account providers to transact, manage, advertise, and market their products when handling them solo becomes a big burden.

What features can you get from high risk merchant account providers that let you sell software online? I found out from a quick research online that some features may be commonplace but some also stand out. I made my own list and here's what I came up with:

SOFTWARE/WEB PROGRAM

THIRD PARTY PROCESSING FUNCTIONALITY

OTHER POINTS TO CONSIDER


full article:

Selling Software Online www.highriskexperts.com