How Can Beginners Start a Successful E-Commerce Business
How Can Beginners Start a Successful E-Commerce Business ; I want this article post to serve as a basic guide for anyone out there who’s looking to start an e-commerce business. Now, I truly believe that the e-commerce business is one of the best ways to make money online. I was able to leave my full-time job around four or five years ago, mainly due to the fact that I started an e-commerce business that was able to grow to over seven figures in sales, which is over a million pounds. So, this video is going to help any beginner out there who’s thinking about starting an e-commerce business, because I want to go over the initial steps that you need to be aware of, some mindset things, as well as some practical things that will help you out on your e-commerce journey. Let’s go! What I’m going to do is go through four, maybe five, different things that you need to know before you start your e-commerce business. These are the things that I wish I had known before I started many years ago, because it would have just sped up the process, allowed me to realize certain things that would have helped me out in the early days, and ultimately helped me make a lot more money over my entire e-commerce journey so far. So, make sure you stick around to the end so that you don’t miss anything. As always, I won’t waste any more time. If you find any value in the post at any point, don’t forget to press the like button. It really helps out the post. I really appreciate that. Thank you so much. Don’t forget to subscribe as well, and hit the bell notification so that you can be notified when a new article post has been released. Let’s get right into it.
What Does E-Commerce Mean
Alright, so first things first, what exactly does e-commerce mean? What does this sentence really mean? So I’ll give you my definition. I realize anyone that’s new to the world of e-commerce and wants to get a better understanding of what it means to me, realize it basically means you’re going to be doing commerce online. So commerce is essentially trading goods for money, so e-commerce is trading goods for money on the internet so that’s basically what it means very simple you’re essentially going to build a business that’s going to sell physical products to people that want to buy those physical products, and it’s very important for you to be aware of this because once you understand exactly what e-commerce is you’re going to be able to now approach it with the right mindset as soon as I realized what it truly meant that’s when I now started building
The foundations of my e-commerce stores are around products that people actually need because I knew that that’s where I was going to be able to build a long-term business, so that’s one of the first, most important things, and I want you guys to be aware of, to try to make sure that whatever business you’re going to build its items that people need, and they’re going to need today, and they’re most likely going to need five years time maybe 10 years time
Choosing An E-Commerce Platform
So, one of the first things that you’re going to need to think about is which platform you’re going to choose to build your business on now. There are various different ones that you can choose from, but the three main ones are Either ebay Shopify or Amazon, so these are the three that I personally use with All of my businesses, ebay and amazon and marketplaces, but, shopify, is going to be your own independent website and, this is important to know, because this is going to influence which direction you’re going when Amazon comes to choosing an initial platform now. When I say that Ebay and Amazon are Both marketplaces.
So, eBay and Amazon already have a loyal user base that visits their websites on a daily, weekly, and monthly basis, so if you want to develop your own Shopify website, you won’t have to worry about customers coming in. It is vital that you consider techniques to enhance website traffic.. Therefore, consider the following factors before deciding to grow your internet business. Now, I want to make sure that you actually just concentrate on one level before you take any more action. This is something that you should do initially, and this is something that I did. I started off my e-commerce journey by selling it on eBay. I built up to around fifty thousand dollars per month, maybe sixty thousand dollars per month, and then I realized that it wasn’t really safe for me to rely on just one platform That’s when I now branched out to have Amazon and shopify, but if you’re completely new to the world of building online businesses, you need to make sure that you put all your focus, all your energy and all your effort into one platform initially. Because if you try and focus on various different things at the same time, that’s Where you’re not going to be able to see any success at all now, you’re probably Ask yourself, but Sam, which one I choose, ebay Amazon or. shopify now, I can’t give you a direct answer. That, all I can really do is give you some advantages and some disadvantages of all three so that you guys could go away. Think about it and decide on which one that you’re going to put your energy into, initially, so the main benefit with eBay and Amazon is the same thing. That you’re going to be able to benefit from the free traffic that passes on a daily basis, so you don’t have to worry about using any paid ads to get your store up and running, however but the disadvantage is that you’re going to have To deal with competition now, the differences between Ebay and Amazon are.
That is why I believe that eBay is a little bit easier to get started with. Which means that within a couple of weeks you’re going to be able to get your Store up and running, but Amazon is somewhat a little bit tricky when it Comes to getting things up and going but at the same time you’re going to be able to maybe get your store up and go in within a month maybe four weeks depending on how fast amazon approved your application eBay don’t necessarily have to approve any applications you’re going to be able to get started get things selling maybe within the first week or so the main benefit to shoplifty I would say is that it’s your own website it’s your own asset which means that you own it there’s not much competition because it’s only your website that customers are going to be on when it comes to them deciding on whether they want to buy from you or not however the main disadvantage is that once you get your store set up you now have to think about how you’re going to get customers onto your website whether through paid ads which is not really a bad thing but it’s just something that you need to consider and it’s just one of the main differences between shoplifty and eBay and amazon but one of the most important factors that you should consider before deciding on any one of these platforms is that you should ask yourself which one are you more familiar with for me many years ago I was a buyer on eBay which meant that when it came time for me to be a seller it was a lot easier for me to get things started because I understood how things worked from a buyer’s perspecti
so if you shop on amazon regularly but you’ve never ever shopped on eBay then it might make more sense for you to go with amazon because you’re going to understand exactly how to structure things or if you shop on bay more often than amazon it may be better for you to start with eBay because one of the most common things that I’ve noticed among A lot of the e-commerce millionaires were actually buyers before. They started to build their business, which meant that they understood how to Market their business in the best way to do things, in a way to convince Any potential buyer to buy from them rather than a different seller, so there might be something else that you might want to consider when it comes to choosing whatever platform you’re going to build your e-commerce. One of the first things that you’re going to need to think about is which platform that you’re going to choose to build your business on now there’s Various different ones that you can choose from, but the three main ones are Either eBay Shopify or Amazon, so these are the three that I personally use with All of my businesses, eBay and Amazon and marketplaces, but, shopify, is going to be your own independent website and, this is important to know, because this is going to influence which direction you’re going when it comes to choosing an initial platform now.
Why Shopify Can Be Your E-commerce Powerhouse
When I say that eBay and Amazon are Both marketplaces. Giants like eBay and Amazon have a built-in customer kingdom, folks already strolling through the digital aisles every day. That’s mighty tempting, especially for a new shop. But building your own Shopify storefront gives you total control – it’s your kingdom to rule! Here’s the catch: with your own Shopify throne, you got to get the customers to come knocking. That’s why focusing on just one platform is key. Spreading yourself too thin at the start can be a recipe for stress.
So, which path will you choose? We’ve got tons of tips on both approaches, so hit us up and let’s chat about building your e-commerce dream! This approach starts with building a strong foundation on Shopify. We’ll delve into key tactics to help you establish your brand and attract a loyal customer following – all within your own thriving e-commerce ecosystem. This is something that you should do initially, and this is something that I did. I started off my e-commerce journey by selling it on eBay. I built up to around fifty thousand dollars per month, maybe sixty thousand dollars per month, and then I realized that it wasn’t really safe for me to rely on just one platform. That’s when I now branched out to have Amazon and shoplifty, but if you’re completely new to the world of building online businesses, you need to make sure that you put all your focus, all your energy and all your effort into one platform initially. Because if you try and focus on various different things at the same time, that’s Where you’re not going to be able to see any success at all now, you’re probably Ask yourself, but Sam, which one I choose, eBay Amazon or. shoplifty now, I can’t give you a direct answer. That, all I can really do is give you some advantages and some disadvantages of all three so that you guys could go away.
Free Traffic vs. Your Own Castle going to Marketplace (eBay & Amazon):
- Pros: Built-in customer base free traffic! No need for paid ads initially. Cons: High competition. Getting started can be quicker with eBay, but approval can take longer with Amazon. Limited control over branding.
Building Your Shopify Kingdom:
- Pros: Your own website = your own rules! Less competition. Cons: Gott attract customers yourself (paid ads are an option). Building your store takes more time and effort.
Choose Your Weapon Wisely!Before picking a platform, consider which one you’re more familiar with as a buyer. This can make things easier on the sales side.
Emulate the Success of Established Sellers
Learn from the Champions: Before diving into product selection, identify successful sellers on your chosen platform (eBay or Amazon). Use tools like Jungle Scout (Amazon) or Zik Analytics (eBay) to research their top-selling items and estimated sales volume. This helps you understand what’s already profitable and inspires your product strategy.
Finding Your Winning Product & Supplier
Refine Your Selection: Once you’ve identified a promising niche inspired by successful sellers, delve deeper. Look at the top-performing items within those categories. Platforms like Zik Analytics (eBay) can show you this data. Focus on products with a proven sales history.
Next Steps: With a target product in mind, Harman will guide you on finding the perfect supplier in a separate video. He’ll also share a free webinar on scaling your e-commerce business from scratch.
FAQ
What is Ecommerce?
E-commerce, or electronic trade, alludes to exchanges directed through the web. Each time people and organizations are trading items and administrations online they’re participating in the web-based business. The term web-based business additionally envelops different exercises including on the web barters, web banking, installment entryways, and web-based tagging.
Choosing Your E-commerce Platform:
Shopify , eBay and Amazon.
How much capital do I need to startup a basic e-commerce company?
Absolutely! When diving into a new venture, it’s crucial to assess the initial costs involved. Your platform choice, products or services offered, and marketing approaches all play significant roles in determining these costs. Opting for a smaller-scale start allows for manageable investments at the outset, with the potential to expand gradually as your business gains traction. This approach not only mitigates financial risks but also provides valuable opportunities to fine-tune your strategies based on real-world feedback and market dynamics.
How can a person make sure their drop-shipping company is reliable in fulfillment?
Competition is high in drop shipping and a lot of people are wanting to start drop shipping because the stakes are lower compared with a traditional business model. One way to determine if a drop shipping company is reliable is to check the buyers rating as well as the customers rating, too. This way we can gauge the reliability of the service provided by the drop shipper to its customers. Entrepreneurs are becoming more aggressive in making their drop shipping stores successful. Hence the improvements and tools available to become more effective with drop shipping. As an example, there is Multi-Drop. This is a tool for drop shipping which enables you to be equipped with knowledge through analytics, research and many more. Visit Multi-Drop for your one-stop drop shipping shop.
How does Woot legally business license to sell online?
Woot likely operates under Amazon’s business licenses, which cover general operations, sales tax, and any product-specific requirements. They also comply with regulations in each state they operate in, such as seller’s permits and consumer protection laws.
For specifics, check:
Amazon Investor Relations (business licenses)
State Licensing Websites (per-state licenses)
Call to Action :Don’t forget to like this post for more valuable content, shear for future post, and hit the notification bell to stay updated! We’re here to help you conquer the e-commerce world!
bsolutely! Ahsanadvice.com rocks for Shopify app discussions. Here’s the skinny:
Must-Haves: ReConvert (abandoned carts!), Stocky/Zoho (inventory), Tidio/Zendesk (live chat).
Growth Picks: Smile.io/LoyaltyLion (loyalty), ReConvert/Booster Apps (upsells & cross-sells).
Research & choose based on your store’s needs! Happy selling!
Impressive journey! From self-learning Photoshop and Sony Vegas to mastering Premiere Pro, you’ve honed a $1,000 skillset. Now, you’re ready to rock it at the level of industry giants like Nike, Apple, and Beats. Keep pushing those boundaries!