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	<title>Best eCommerce Hosting of 2011 &#187; automation</title>
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	<description>Best e-Commerce Hosting Providers Revealed</description>
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		<title>New-Rich 4 Steps to Business Automation</title>
		<link>http://www.bestecommercehosting.org/new-rich-automation/</link>
		<comments>http://www.bestecommercehosting.org/new-rich-automation/#comments</comments>
		<pubDate>Fri, 31 Jul 2009 09:14:53 +0000</pubDate>
		<dc:creator>beh</dc:creator>
				<category><![CDATA[Choosing A Hosting]]></category>
		<category><![CDATA[4-hour workweek]]></category>
		<category><![CDATA[automation]]></category>
		<category><![CDATA[doug]]></category>
		<category><![CDATA[ecommerce]]></category>
		<category><![CDATA[end-to-end]]></category>
		<category><![CDATA[hosting]]></category>
		<category><![CDATA[new rich]]></category>
		<category><![CDATA[solutions]]></category>
		<category><![CDATA[tim ferriss]]></category>

		<guid isPermaLink="false">http://www.bestecommercehosting.org/?p=599</guid>
		<description><![CDATA[Timothy Ferriss suggested in his book The 4-Hour Workweek, a four step process towards business automation that you can use for your e-commerce business website. Using Doug at Prosoundeffects.com as an example, he illustrates the steps taken by Doug as: Market Selection Doug chose music and television producers as his market because he is a [...]]]></description>
			<content:encoded><![CDATA[<p>Timothy Ferriss suggested in his book <strong>The 4-Hour Workweek</strong>, a four step process towards business automation that you can use for your e-commerce business website. Using Doug at Prosoundeffects.com as an example, he illustrates the steps taken by Doug as:</p>
<ol>
<li><strong>Market Selection</strong><br />
Doug chose music and television producers as his market because<br />
he is a musician himself and has used these products.<br />
&nbsp;
</li>
<li><strong>Product Brainstorm</strong><br />
Doug chose the most popular products available for resale from the<br />
largest manufacturers of sound libraries and arranged a wholesale<br />
purchase and drop-ship agreement with them. Many of these<br />
libraries cost well above $300 (up to $7,500), and this is precisely<br />
why he needs to answer more customer-service questions than<br />
someone with a lower-priced product of $50-200.<br />
&nbsp;
</li>
<li><strong>Micro-Testing</strong><br />
He auctioned the products on eBay to test demand (and the<br />
highest possible pricing) before purchasing inventory. He ordered<br />
product only when people placed orders from him, and product<br />
shipped immediately from the manufacturers&#8217; warehouses. Based<br />
on this demand confirmed on eBay, Doug created a <a href="/go/yahoo-store.php" rel="nofollow" target="_blank">Yahoo Store</a><br />
with these products and began testing Google Adwords and other<br />
PPC search engines.<br />
&nbsp;
</li>
<li><strong>Rollout and Automation</strong><br />
Following this testing, and upon generating sufficient cash flow,<br />
Doug began experimenting with print advertising in trade magazines.<br />
Simultaneously, he streamlined and outsourced operations<br />
to reduce his time requirements from two hours per day to two<br />
hours per week.</li>
</ol>
<p>In the third step above, there is a reference to an end-to-end ecommerce solution, <a href="/go/yahoo-store.php" rel="nofollow" target="_blank">Yahoo Store! (now Yahoo! Merchant Solutions)</a>. Although yahoo Yahoo Store! is one of the more popular e-commerce solution, there are also other alternatives to the end-to-end solutions including <a href="/go/prostores.php" rel="nofollow" target="_blank">eBay Prostores</a> which is much cheaper, and <a href="/go/sitebuildit.php" rel="nofollow" target="_blank">SiteBuildIt</a> with their superior online business coaching help. Visit our <a href="http://www.bestecommercehosting.org">end-to-end solution comparison</a> to get a better idea of the differences between the <a href="http://ecommercehostingsolutions.org">ecommerce hosting solutions</a>.</p>
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