Business Idea of the Day

According to Website Magazine , e-commerce merchants who are still unsure of what consumers want this holiday season can direct their efforts toward providing user reviews, security verification and fair pricing. In a word, 2010 holiday shoppers are looking for online retailers they can trust. That was the fundamental message from ChannelAdvisor’s 2010 Consumer Shopping Habits Survey, the e-commerce solutions provider’s third annual report to help merchants prepare for the holiday season. An eye-opening 92-percent of the participating consumers said that they read product reviews, and nearly half admitted that reviews influence their purchasing decisions one way or the other. Shoppers also listed the top three most influential promotions that drive purchases as best price, free shipping and trusted seller status, and the top three indicators of trust were security verification, user reviews and website design aesthetics

If you’re having computer problems, who do you call? If your computer is outdated then tech support for your machine might be out of the question. However, to take your computer in to a repairman can cost $50 or more just for a consultation and if you want them to come to your home that fee only gets higher. One entrepreneur has found an alternative to the traditional tech support that allows you to pay for only the time spent helping you, whether it is 5 minutes or an hour. Computer Specialist Online was started by Ramanath as an alternative to fixed rate services that overcharged customers the only needed simple solutions

See the complete list here . Photo by Online MBA

Tom Quinn isn’t the kind of entrepreneur who needs help getting his ideas in front of the right people. So why is he pitching his latest idea—a portable system to convert food scraps and other waste into ethanol—on a website frequented by basement tinkerers and dorm-room startups? Bloomberg Businessweek reports that Quinn’s E-Fuel is among more than 1,000 companies, inventors, and students vying for funding in a General Electric contest called the ecomagination Challenge

Anyone who is contemplating opening up their own business relatively soon is sure to find this article interesting. I’m sure your trying to figure out what would be the best business to open right now, well i have included a few businesses that can be started right away if you are so inclined. A collector store

NY Times : The Shopify Build-A-Business competition for new Web stores today announced the winner of its $100,000 grand prize. The store that achieved the highest revenue total during any two consecutive months from January to June — using Shopify’s e-commerce platform to sell its wares — was San Francisco-based DODOcase , makers of protective cases for the Apple iPad that have the look and feel of a luxury, hardcover notebook. DODOcase was founded by friends who met while training for the 2005 Iron Man Canada triathlon: Patrick Buckley, the chief executive, and Craig Dalton, the president and business development director (based on the since-corrected recollection of one of the co-founders, a previous version of this post gave a different year for the triathlon).

The founders of Diapers.com today launched Soap.com , a new retail website for household products, vitamins, toliet paper and well, soap, at competitive prices over the internet. I know that my wife has been excitedly awaiting the launch. She’s a big Diapers.com fan is hopeful that low prices from Soap.com will mean that she never has to make the three hour trip to Target or Walmart ever again for soap

Google sells a lot of advertisements on their site YouTube . Many businesses use the site to promote their products and services.

As one of the co-founders for Paypal and the mind that helped create the Tesla, no one really expected to hear that Elon Musk was out of cash reports The New York Times . Mr. Musk is a member of the PayPal Mafia — those serial entrepreneurs who, for a time, looked like the Brat Pack of the Valley

Anyone who has ever surfed the web, used a computer or even purchased a smart phone pretty much knows what an app is. They’re everywhere. Applications can be a game, simplify purchases or replace paper when you need to jot down a quick note.