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Internet Marketing -- Merchant Accounts

 

To make money at this Internet game you have to have some way to take credit cards. When your visitor or customer has the impulse to buy, you must have a way to capture their sale immediately. You don't even want your prospects to have to get up from their computer. Anything could distract them, which could translate into a lost sale.

 

One of the most important ways to grab the sale NOW is to have your own Visa/MasterCard/Amex merchant account tied to your shopping system. It used to be really tough to get a merchant account, especially if you worked, out of your home. Now, you can't turn on your computer without 200 ads hitting you in the face from companies wanting to give you merchant account status. . . .Well, give is not exactly the right word. . . . It's going to cost you.

 

My main advice is to check out at least 20 different deals before you commit to one. This reminds me of the advice I got from Dan Poynter about getting bids for printing. He told me to get 30 bids on the same book. I took his advice and the quotes I got for the exact same book ranged from $11,000.00 to $36,000.00. You can bet I went with the $11,000.00.

 

You'll run into all kinds of deals where people will want to lease you card-swiping equipment . . . unless you do a ton of back-of-the-room business and have a staff to help you, you will never see a credit card. All the sales are either Internet or telephone. Sometimes a fax will come in. You simply don't need a card machine (swiping equipment). I've actually taken orders on my cell phone while on the plane before we took off. I wrote an order on an airsickness bag once too. I manually processed the credit card order, and got the money in the bank before we left the gate, by dialing an 800 number, and punching in my codes, and off I went into the wild blue yonder.

Merchant account costs 

Antion's Internet Marketing Butt Camp
757-431-1366
Fax 757-431-2050
mailto:orders@antion.com