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Competing with Amazon from your bedroom

submitted on April 21, 2011 by YanBz in "Stores / Merchants"
This is just another example of how the Internet enables ordinary folks successfully compete with big corporations. Reminds me of The Domino Project started by Seth Godin the author of Poke the Box, a book about entrepreneurship (link below)

So first he set up a commercial Web site -- Then he contacted the very same book wholesalers that uses and discovered something interesting -- that to get virtually the same volume discounts that gets, all he needed to do was order five copies of any particular book.

The other accouterments were just as cheap: He pays an Internet service provider, ACES, $30 a month to house his very colorful Web site, and $30 a month to Americart to enable people to charge books on their credit cards over a secure server line. He pays his bank $50 a month to manage the credit card transactions, and has $40 a month printing costs, largely for his own monthly book newsletter.

''I have no employees,'' says Mr. Bowlin. ''My daughter does the accounting, I maintain the Web site and my wife does the shipping. Altogether, I only need to generate $150 a month in profits to cover all my expenses, and the rest is cream.''

Read more:

The Domino Project:

Poke the Box via NPR:

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    Posted by orangearrows on April 21, 2011
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    Smart...very smart.
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    Posted by CouponNut on April 21, 2011
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    Sounds profitable, I'd like to audit his books!
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    Posted by clover on April 21, 2011 [reply] 0 0
    I like this post but I need to educate myself more on the topic before I leave a comment.

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