[$300] to Invest Newbie.

Click99

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Is shopify with $300 a good Idea ? I'm planning for a store and promote with FB ads not decided yet on the niche. Your thoughts for this venture.

Thanks
 
Maybe, I think your cash will get eaten up pretty quick though if you are running ads. Depends what experience you have as well I guess, but if you are a newbie as the title says then I would advise you to keep your money to the side for a minute, do some research on the forum and find a few methods that have lower setup and running cost.
 
TBH I wouldn't start dropshipping with that amount unless you have very very cheap items.

Plenty of stuff you can do just take your time to read and learn.

It's a marathon not a sprint :)
 
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As @davids355 is suggesting you, so you should try some low investments methods to earn and then try to invest for Drop shipping :)

All the best
 
The is very basic and working idea but your success might depend on the niche you select.
 
Is shopify with $300 a good Idea ? I'm planning for a store and promote with FB ads not decided yet on the niche. Your thoughts for this venture.

Thanks
$300 is enough to get started on shopify and fb ads
 
Maybe, I think your cash will get eaten up pretty quick though if you are running ads. Depends what experience you have as well I guess, but if you are a newbie as the title says then I would advise you to keep your money to the side for a minute, do some research on the forum and find a few methods that have lower setup and running cost.
As you suggested, I'm finding some method to lower the cost of promotion, I'm planning a Facebook group but might take some time, I have couple of Ideas for those.

TBH I wouldn't start dropshipping with that amount unless you have very very cheap items.

Plenty of stuff you can do just take your time to read and learn.

It's a marathon not a sprint :)
Noted:)

$300 is enough to get started on shopify and fb ads
Its enough to get started but promoting the store as said above would be a risk with that budget.
 
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As you suggested, I'm finding some method to lower the cost of promotion, I'm planning a Facebook group but might take some time, I have couple of Ideas for those.


Its enough to get started but promoting the store as said above would be a risk with that budget.

@Click99 if you click the +quote link under each post you can reply to multiple users at once.

That way it makes the thread a lot easier for people to read through :-)
 
I don't think so, I have some friends spend this much money and more with no convertion so if u are looking for some way to get money with this amount try app reskin, CPA...
 
If you never been on fbads before..don't do that. My suggest hired some one that business for you..

Good luck and keep us an update ;)
 
TBH. You can start very cheap. If you have cheap products like max $7 to buy in. Then you could try. All you need to do is test the waters. Spend max $5 a day for 3 days on a very targeted audience on 3 different campaigns and see where most traffic come from. When you see traffic coming in from a specific interest people have or age or activity.... spend more on those targeted audience.

This and retarget abonded carts, having a great site with lots of information, plug-ins, scarcity, logo, brand, sales, influence, psychological tricks, customer service, give more value than asked, social proof, up-sell, cross-sell, and more...

If you can't even figure out which niche you want then you need about $10.000 for courses to learn about everything or hire someone that can do all these for you. Or spend 10.000 hours learning about shopify dropshipping. This isn't an easy business

So you still want to do shopify dropshipping? :p
 
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TBH. You can start very cheap. If you have cheap products like max $7 to buy in. Then you could try. All you need to do is test the waters. Spend max $5 a day for 3 days on a very targeted audience on 3 different campaigns and see where most traffic come from. When you see traffic coming in from a specific interest people have or age or activity.... spend more on those targeted audience.

This and retarget abonded carts, having a great site with lots of information, plug-ins, scarcity, logo, brand, sales, influence, psychological tricks, customer service, give more value than asked, social proof, up-sell, cross-sell, and more...

If you can't even figure out which niche you want then you need about $10.000 for courses to learn about everything or hire someone that can do all these for you. Or spend 10.000 hours learning about shopify dropshipping. This isn't an easy business

So you still want to do shopify dropshipping? :p
I've decided not to venture into dropshipping as of now, I'm planning on building a Youtube channel.
 
I've decided not to venture into dropshipping as of now, I'm planning on building a Youtube channel.

Not to discourage you or something but, if you want to earn alot.. you have to put in equal amount of time and hard work. Of course there are some lucky ones that get succes overnight. Just don't think YouTube is easy and can make money overnight. Sometimes it takes serveral months with no income in order to get a viral video out there which makes you earn $10k+ in a day

Interesting thread about a chinese worker that made more than 6.000+ videos in a year in order to earn 2k-4k a month
https://www.blackhatworld.com/seo/hard-work-pays-off-eventually.989933/
 
Not to discourage you or something but, if you want to earn alot.. you have to put in equal amount of time and hard work. Of course there are some lucky ones that get succes overnight. Just don't think YouTube is easy and can make money overnight. Sometimes it takes serveral months with no income in order to get a viral video out there which makes you earn $10k+ in a day

Interesting thread about a chinese worker that made more than 6.000+ videos in a year in order to earn 2k-4k a month
https://www.blackhatworld.com/seo/hard-work-pays-off-eventually.989933/
I understand the risks of dropshipping, so I wasn't completely sure of it. I've experience in editing and now learning whiteboard animation, already ordered a microphone. I know the time and patience needed in YouTube "In for a marathon" :).
 
In my opinion $300 is not anywhere near enough to do paid advertising on facebook (correctly).
 
I understand the risks of dropshipping, so I wasn't completely sure of it. I've experience in editing and now learning whiteboard animation, already ordered a microphone. I know the time and patience needed in YouTube "In for a marathon" :).

Update me! Will def be your first subscriber. Hope you all the best

In my opinion $300 is not anywhere near enough to do paid advertising on facebook (correctly).

As a beginner, yes. I think Bill Gates would need to spend half of that in order to make it hapen, just because he is so experienced. So it is possible
 
Update me! Will def be your first subscriber. Hope you all the best



As a beginner, yes. I think Bill Gates would need to spend half of that in order to make it hapen, just because he is so experienced. So it is possible
You need 10 times that amount at least (even Bill Gates).
 
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