Sound of Music Making Money Online

Internet Business Guide Review

I have previously been involved in the sale of two karaoke music and karaoke equipment online stores. Both karaoke businesses were 100% drop shipping and home based businesses.Karaoke CD online stores still show potential for new competitors and growth. There are over one million monthly searches on karaoke and other derivatives such as karaoke systems, portable karaoke, and of course karaoke CDs. Karaoke is a specialty product that is rarely distributed in brick-and-mortar stores. The Vicissitude Ratio for Karaoke is a very meaningful “4.08“. Since 2002, home karaoke equipment and karaoke CDs have experienced a 20% annual growth rate; with a 2008 projection exceeding $300M in sales. There is one potential gocha’ in this category. In 2005 the two largest karaoke distributors merged their companies. Meaning most karaoke online stores that drop ship utilizes the same drop shipper (see the Seller’s response “Competition” below). This seems to work fine in computer hardware as Ingram Micro is the distributor for most online stores that drop ship computers and peripherals.

Business Summary

This website for sale is a great opportunity into earning extra income through running a low-labor karaoke cd and karaoke equipment drop-shipping business. Everything has been setup from multiple drop-ship suppliers, to prepaid HackerSafe certification, to entries in Shopzilla and Yahoo Shopping and a winning Google AdWords campaign. The site was built from the ground up with SEO (Search Engine Optimization) in mind, has over 1,800 items loaded into the inventory system, and has all of the conversion best practices. The home based business has all of the premium accounts setup including a Toll Free number that is easy to remember for easy customer service, product search engine accounts (Shopzilla, Yahoo, Google product feed,) BizRate account for customer ratings, iContact for campaign management, Alexa account for traffic tracking, and credit card processing (must be transferred.) If you want an Internet Business Opportunity that you can hit the ground running with this is it. The only thing left to do is start a marketing campaign and fulfill orders for karaoke CDs and karaoke players when they come in. Even more revenue opportunity can be had by adding additional product lines (midi keyboard, videoke, karaoke software, etc.) Start up a Google AdWords campaign when you take ownership and start earning extra money.

Facilities: This business can be operated from your home office. There are no facilities included.

Competition: This is a great market to get into as most of the competition relies on a single supplier and does not go the extra mile to create a unique store presence. The included website has been created with this in mind and is setup to take on the competition and win. Margins are healthy as the competition does not engage in price wars which makes the unique site an even better asset to own.

Growth: Growth can be done easily for this market. Simply add more products and get more drop shippers. From clothing to gift items and jewelry…its a cool market. Honestly, I don’t know of any con’s…other than out of stock items from suppliers but thats not been a major issue.

Financing: No Financing Available

Training: I will personally help the new owner manage the day to day operations for up to 30 days. Phone, email, and instant messaging support is included for the time period.

Reason Selling: Launching new project and need the capital to fund it.

Listed By: Owner

Recommended Reading:
SOLD – Karaoke eCommerce
SOLD – Karaoke CD & Hardware

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For information on this Internet Business Opportunity, or more than 400 additional Internet Business Opportunities, contact Internet Business Broker Don Janke. With over 20 years Online/Internet business experience I can guide you to your ideal acquisition to make money online!

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