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I want to invest 150€! What do you think about my idea?

Discussion in 'Making Money' started by kugundo, Sep 6, 2013.

  1. kugundo

    kugundo Regular Member

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    Hey guys!

    I got now 150? left and i wanted to invest in an online shop.

    So that means:

    Buying Domain
    Buying Hosting
    Buying Template
    Buying Script

    that will cost me hopefully about 80?-100? and the rest i want to invest in Advertisements (AdWords,Facebook)

    Ill buy a legit shop theme and scrap all items which i want to sell from amazon and i want to spend every dollar back into advertising on facebook till i get some serious money.

    so, what do you think guys? should i go for that? do you have any experiences with online shops?

    i mean, ill scrap about, hm, 1000 items. shipping etc goes through amazon and i earn through their affiliate.

    i think this is a good idea and i dont see any risks in that, i asked all my friends what they think about it but they cant imagine that somebody earns money on the internet :D

    thanks for any advice!
     
  2. euros123dotcom

    euros123dotcom Junior Member

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    Definitely doable. Why not? What are your doubts?

    Another idea (for low amount investments) is etoro (auch auf Deutsch). I have 100 € running there (copying other guys). It's as autopilot and passive as it could get. Good luck to you. Let us know how things go :)
     
  3. euros123dotcom

    euros123dotcom Junior Member

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    Your other question: experience with online shops. I had two. One with my own stuff (leather articles - not what you're thinking ;-) and another one only with Amazon stuff. I made more money with the first one as I controlled the products and margins. That was good. Possible to make good money with less traffic. The Amazon shop was OK but I had to work very hard and long hours to get traffic to the site. Traffic is always the problem.
     
  4. kugundo

    kugundo Regular Member

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    Thanks!

    well, etoro, hm doesnt look legit enough for me.
    yeah traffic...i think the advertisements should make the whole traffic. i want to go on "hipster" clothing, sunglasses, jutebeutel,nike air max and such things. and provide more things for man than woman.

    did you use paid advertisements or just SEO?
     
  5. kugundo

    kugundo Regular Member

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    everyone else? what would you do with the money?

    maybe more details to the site:

    wordpress+woocommerce
    "the retailer theme"

    the script i think about is:
    WooCommerce Amazon Affiliates - Wordpress Plugin ( on codecanyon)
    (btw: do anyone has this script nulled?)
     
  6. SocialMediaManager

    SocialMediaManager Elite Member

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    I was on Etoro Following a Guy and he had earned 300% Profit i think and i invested and followed and lost 20% :(

     
  7. Mr Rishav

    Mr Rishav Power Member

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    you're right Etoro is really bad. Their platform really sucks ., whenever the market is high or when the market starts their platforms hangs and you'll not be able to change your bids. This really sucks . I have had lots of losses because of that only
     
  8. nightquest

    nightquest Newbie

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    For Amazon seo is better than ads i have ranked some review site prety easy but i did't do shop style just review.
     
  9. Paper-Boy

    Paper-Boy Elite Member

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    I think noobies should stay clear away from etoro or any forex investment.