Selling products online is an easy and cost effective way to break into retail sales. You don’t have to pay rent for a brick and mortar storefront, or deal with the permits required to run a business in your city. All you need is product, and brand-name products that are priced reasonably sell best.
Look for liquidation-, overstock- and closeout sales. Companies that are going out of business will often hold liquidation sales. Purchase brand-name merchandise at below the normal sales price in order to make a profit.
Sell your products on eBay. Consider starting an eBay and list items for an extended period of time.
Get a retail license so you can buy products directly from companies at wholesale prices.
Start with small brands. Even if you have a license to sell retail, some of the larger, more popular companies will refuse to sell to you if you don't have a proven track record.
Get a merchant account so you can accept credit card payments. You can also use a service like PayPal, but you will have to pay fees. You will also have very little recourse if someone complains and PayPal refunds a buyer's money. With a merchant account, you have more control and it may be more economical. Costco offers merchant accounts, along with many banks.
Complete your transactions in a professional manner. When someone makes a purchase, ship the item on time. Your reputation is important when it comes to selling online, as buyers can easily leave bad feedback.