How to invest 2000 $

kaqi69

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So i live in the Balkans and working two jobs i saved 2000 $, i am thinking of opening and ecom story , probably dropshipping from an USA supplier. finished the Beast of Ecommerce course , and it gave me a lot of insight. You think it is a good idea ecommerce in general and dropshipping from the usa? should i use a niche store or should i find products day by day following market trends? what way should i decide my niche? going by the " choose what you like" seems more romantic than useful. How to avoid saturated niches? or should i leave ecom at all? i will be grateful for any of your ideas and insights.
 
So i live in the Balkans and working two jobs i saved 2000 $, i am thinking of opening and ecom story , probably dropshipping from an USA supplier. finished the Beast of Ecommerce course , and it gave me a lot of insight. You think it is a good idea ecommerce in general and dropshipping from the usa? should i use a niche store or should i find products day by day following market trends? what way should i decide my niche? going by the " choose what you like" seems more romantic than useful. How to avoid saturated niches? or should i leave ecom at all? i will be grateful for any of your ideas and insights.
Do you have any experience at all?
I would hate for you to blow through $2,000 on learning.
Ecom can get expensive quickly if you’re using ads.
 
Do you have any experience at all?
I would hate for you to blow through $2,000 on learning.
Ecom can get expensive quickly if you’re using ads.
Nope, none whatsoever on ecommerce. but i am afraid there is no shortcut for that
 
2k might be enough for a mini saas...find a problem, create a solution and sell it :)
 
Find products in China that are ready to ship. Set up a relationship with a drop shipper in China. Do not take on any expenses in western countries. Drive traffic through SEO and do some retargeting to users further down the sales funnel.

Focus on building a brand and find products that fit into that brand. Push the brand into a niche market. You would be surprised how much a brand can be a sales driver.
 
Find products in China that are ready to ship. Set up a relationship with a drop shipper in China. Do not take on any expenses in western countries. Drive traffic through SEO and do some retargeting to users further down the sales funnel.

Focus on building a brand and find products that fit into that brand. Push the brand into a niche market. You would be surprised how much a brand can be a sales driver.
dropshipping from china takes waaaay to much time. it will bring to many problem. i thought it would be better to find US suppliers and dropship from them. the margin is lower but there are less chances to got banned from facebook , from bad reviews and long shipping times
 
Ecommerce/dropshipping is a great business model, Mostly you will have to test out what works and what doesn't . easy to scale when you learn the ropes and get the right inputs.
 
Learn some skills with that. That would be a long time investment.
 
I can't give you any advice on ecom because I have no exp there, but if it will help my friend showed me leadenforce.com... you can add facebook group or page and it scrapes it and makes custom audience. Really can't say how good it is, but make your research, maybe you can save money on ads :)

here is a link where you can find courses for DS and FB ads
https://mega.nz/folder/zuB0lKjY#x3uWqSZhzvvC8EMVReDJag
 
Ecommerce/dropshipping is a great business model, Mostly you will have to test out what works and what doesn't . easy to scale when you learn the ropes and get the right inputs.
thank you for your answer, guess i have to learn by experience then
 
Learn some skills with that. That would be a long time investment.
sounds like it
I can't give you any advice on ecom because I have no exp there, but if it will help my friend showed me leadenforce.com... you can add facebook group or page and it scrapes it and makes custom audience. Really can't say how good it is, but make your research, maybe you can save money on ads :)

here is a link where you can find courses for DS and FB ads
https://mega.nz/folder/zuB0lKjY#x3uWqSZhzvvC8EMVReDJag
THANK YOU , amazing link , much appreciated
 
Are you considering buying Bitcoin with a part of it? I hope you remember - never put all eggs in a single basket.
 
I think this https://elogic.co/blog/big-commerce-vs-magento-which-ecommerce-platform-is-right-for-your-retail-business/ would be useful.
 
You just gonna waste the money. If those courses would make you really profitable that easy everyone would be millionaires and there wouldnt be scammers who scamm facebook. Its hard and saturated and competative. Ofcourse if you want to learn facebook ads throw in those 2k,but the learning experience is like 5k,you will not make money of those 2k UNLESS you are really prepared,not 1 course but really a lot of knowledge preperation and mini testings. Just throwing 10 ads 5 = 50$/d will be enough to learn and learn and learn daily.
Get sales without investing money,try to play with ads ofcourse,but im 98% sure you wont be profitable with 2k.
 
You can invest your $ 2000 easily if you already have very good expertise in advertising and marketing.
If not, quite honestly, buy something to have real expertise and then make money with it :)
 
You just gonna waste the money. If those courses would make you really profitable that easy everyone would be millionaires and there wouldnt be scammers who scamm facebook. Its hard and saturated and competative. Ofcourse if you want to learn facebook ads throw in those 2k,but the learning experience is like 5k,you will not make money of those 2k UNLESS you are really prepared,not 1 course but really a lot of knowledge preperation and mini testings. Just throwing 10 ads 5 = 50$/d will be enough to learn and learn and learn daily.
Get sales without investing money,try to play with ads ofcourse,but im 98% sure you wont be profitable with 2k.

Thank you for your honest answer
 
You can invest your $ 2000 easily if you already have very good expertise in advertising and marketing.
If not, quite honestly, buy something to have real expertise and then make money with it :)
thank you for your answer :)
 
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