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My eCommerce store brings in about £250/month after 1 year. Have I failed?

Discussion in 'Making Money' started by splishsplash1, May 29, 2017.

  1. splishsplash1

    splishsplash1 Power Member

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    That's not even profit, I'm making a loss :(

    Making money online is the only option I now have due to having no qualifications past secondary school so it's getting more depressing realising I might have failed at this.

    I buy my superfood product in bulk then sell it on my Shopify store. I'm not on Amazon yet because it's a restricted category and hard to get on.

    Also, I've been looking for ways I can make money through online, like affiliate or dropshipping but 1) I don't know how to make profits through ads and 2) I see people saying they're dead methods and it's a waste, so I don't know what to do. I don't want to spend the next year or more starting something new and learning from nothing and working on something that won't give me a good income.

    Any advice please?
     
  2. brainagogo

    brainagogo Registered Member

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    Maybe you can share your store so we can see and give advice what's wrong with it. You mentioned that you don't know how to make profits through ads, I'll assume you're not using ads at all the generate 250 pounds per month, which is impressive if you ask me lol. What are your promotion channels? Social media? Word of mouth? Traditional real life advertising?
     
  3. MisterF

    MisterF Jr. VIP Jr. VIP

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    What's your social media following like ?
    Is your brand name one that stands out in peoples memory? Is it eye catching ?
     
  4. sturose

    sturose Jr. VIP Jr. VIP

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    Right behind you!
    This is never a good idea! Keep your site and niche to yourself.
     
  5. BackY

    BackY Senior Member

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    Please send your store only by PM if u plan to do so. Or even better, send screen shots convering ur product pics so parasites don't steal ur product and start to sell on their own.
    I recommend u try to optimize, if not, maybe another product? PM me your site or screen shots, I believe i can help u a bit.
     
  6. Debian

    Debian BANNED BANNED Jr. VIP Premium Member

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    I'll second this comment. Never reveal more than you absolutely have to.
     
    • Thanks Thanks x 1
  7. ntjoji

    ntjoji Registered Member

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    keep on working hard, it will give you profit sooner or later
     
  8. splishsplash1

    splishsplash1 Power Member

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    Cheers for the comments everyone. I get most of my sales through social media accounts; I have around 180,000 followers across several accounts. I have a brand with an 'cute' animal mascot because most of my customer audience is women.

    I'd like to try another product but I don't want to buy a ton of stock and find out it doesn't sell well.
     
  9. HallLiz

    HallLiz Regular Member

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    Your in the forum that teaches how to do ads and the people who say most methods are dead are lying or suck at what they are doing.
    Are doing fb ads for traffic?
    Have you paid social influencers to post your link?

    Affiliate is easy..join groups, create groups and sites,blogs ,social media, content marketing. Insert link Done.

    Drop shipping will never die until we all have 3d printers in our homes.

    Just take action
     
  10. splishsplash1

    splishsplash1 Power Member

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    Thanks for your comment. I'm actually thinking of adding affiliate links inside my brand's blog, like Amazon associates or something, when recommending other health foods.

    I just add a link to my social media pages and people come to my site through there. The only FB ad I do is a remarketing one showing my product with a 'Shop Now' button.