Hey aeternal,
For the time of year and considering the economy, sales are doing ok.
Low end is 10 sales per day.
Highest has been 48 sales in a day. (not counting ebay store)
I will hit 4 months old on the 16th so I am assuming I am doing ok for that short time with a limited budget.
As for marketing I use "long tail" strategy for my SEO as it will take awhile before I rank for "computer games" and such. Though I do move up daily and am at page 11 for that phrase last time I checked.
I also use adwords but I don't bid high enough to get my ads in the searches.
For my area the lowest bid is $1 per click with any phrase with "game" in it. My highest bid is $0.15
But my ads do make the ad network traffic giving me about 12,000 exposures per day. I average about 10 to 15 hits per day from that at about $0.12 per hit.
I also found that these ads are showing up in MSN and Yahoo searches via the various sites they appear on.
I also opened an ebay store last week for the exposure.
This seems to be bringing in some traffic to my site.
I don't spam but I let it be known I have a website.
http://stores.ebay.com/HomeComputerGames
I only have 23 products there at the moment but intend to add about 1000 in total. I haven't done any design with it yet but should get to it soon.
The store costs $15.95 per month with fairly low insertion fees ($0.3 - $0.5 plus Ebays end sale fees) I have sold a few items this past week there but it takes a bit of work to get the listing up.
Google Products is your best friend in the beginning I believe. Just be sure to stay straight with their rules or they will pull all of your products off.
My total sales for the 4 months is $15,683 at this moment. That's sales.not profits :)
All in all I am making enough to pay for dedicated server, merchant fees, adwords and have enough cash flow going to start hitting the larger wholesale auctions. So it's going in the right direction I believe.
I have a toy store I'm hoping to launch soon. https://www.kidstoys1.com
I did stop work on it for a bit to learn the tricks in Ebay. I suspect I won't ever make much more than pocket change from Ebay but rather will use it for the exposure.
Actually I have several Ebay stores that come to my website(HCG) for products and a couple of computer sales stores come for parts.
So it goes to show that us little people can compete with the big dogs. Though as I said, I do work with my business daily. Most of the time 12 hours or more.
Be it marketing, coding, planning, learning or just interacting with my customers. I get about 5 phone calls per day regarding products. I have 0 dissatisfied customers and plan to keep it that way.
I do get daily fraud attempts. So keep a close eye on that and check every order. I've had them try and order games as low as $11! I guess they figure I won't bother checking on a low order. Bu t I check them all.
If you do not have a merchant account you will need one. But read up on them. Learn about "Reserves", "chargebacks" and all the rest. I had to learn the hard way.
The reserves took me by surprise ($650). But I finally got them all back.
I have been trying to keep this post up to date so others new to this can see what goes into creating a store. I think many people watch too much TV and get it in their minds that they can put up a website and sit back and rake in the money. LOL
If I was getting paid by the hour for working with my store I would be a wealthy man by now. :lookaroun
the best of luck with your venture.
Ken