Starting e-shops in 2024

resurrects

Power Member
Nov 19, 2020
519
291
given I know NOTHING about ecom, how hard is it to start a brand, establish an LLC (I guess it's needed ? or optional ? ) , start a store and begin selling? I have traffic & product ideas already taken care of, which is a good thing but that's not enough obviously.

How many things do I need to learn and take into consideration? I imagine it's building a website + fulfillment + email lists?
 
if you already have traffic then launching a product should be some what easy. it will just take some testing to see what products do well with your traffic. you can set up a Shopify store in a day and get going.
 
Dear OP,

i have a slightly different opinion and do not agree with the "Most important part is the traffic", but more with "Product".

Most of the so called "Rich BoyZz" would say that. BUT, actually it is true. It is very hard in the beginning, especially when you have to hunt for product ideas that are competitive, suppliers that you can rely on.
And then there are other factors like branding, legal structure, marketing, SEO, of course, scaling, forecasting your products, scanning the market.

But you know what? These points are just a small part of all the things you need to consider. Why don't I use ChatGPT right now and tell you 20 points?
Because it would drive me crazy (Im in e-commerce too), and the same goes for you!

Personally, I wasted a lot of money, started with tooooo big expectation, started with trademark registration, etc. etc.

What my advice to you after failing in the beginning would be:

1. Don't fall in love with a product, the same goes for the stock market.
2. Try to get an overview of your product(s) and then look at how the others are pricing. BUT! Do not get scared. There are always big wholesalers who will beat you, but if you play smart and learn, you will still grow.
3. If point 1, 2 are already your blockers. You should not think too much.
4. Try to get some examples of business plans. See how they are structured, what kind of information they contain. You do not need to understand them 1 by 1, but you should try to adapt them in some way.



If this is something you want to do, start with a tight budget and less reserves: Do some research, start small - don't overthink what is legally required, just get it done and start!
If you have reserves and this is a project for you: Still start small. And read the sentence above.

And keep your initial budget small!

Lets say you have the traffic of the BIGGEST sites, invested SOOOO much money in contracts on Fiverr to build you a website.
But? Your product sucks, nobody cares. They just leave.

SO, my learnings:
- Don't overthink (this is where most people stop)
- Don't invest in things you REALLY (by heart!) don't need in the first place. You don't need the ultra SEO boost. Get some bloody sales first, mate!
- Invest in marketing and all that stuff step by step - same example as traffic.
- Don't buy any overpriced website creation like I did, wasted many thousands of $, but the result? Nobody cares about the products.
- Tried TikTok, Facebook, everything.
- If your prodcut and your mind to get drawbacks is strong, sales will come in.

Good luck, buddy.
Last but not least: JUST START! Learn the basics, don't overthink, don't overinvest and test your product.
I am learning to know Wordpress to avoid those things with Fiverr etc.

Learn SEO etc. from BHW. But at some point you have to start.
Even if its not 100% perfect, you will get better, time after time.
Just don't give up or waste money.

Best,
z
 
Dear OP,

i have a slightly different opinion and do not agree with the "Most important part is the traffic", but more with "Product".

Most of the so called "Rich BoyZz" would say that. BUT, actually it is true. It is very hard in the beginning, especially when you have to hunt for product ideas that are competitive, suppliers that you can rely on.
And then there are other factors like branding, legal structure, marketing, SEO, of course, scaling, forecasting your products, scanning the market.

But you know what? These points are just a small part of all the things you need to consider. Why don't I use ChatGPT right now and tell you 20 points?
Because it would drive me crazy (Im in e-commerce too), and the same goes for you!

Personally, I wasted a lot of money, started with tooooo big expectation, started with trademark registration, etc. etc.

What my advice to you after failing in the beginning would be:

1. Don't fall in love with a product, the same goes for the stock market.
2. Try to get an overview of your product(s) and then look at how the others are pricing. BUT! Do not get scared. There are always big wholesalers who will beat you, but if you play smart and learn, you will still grow.
3. If point 1, 2 are already your blockers. You should not think too much.
4. Try to get some examples of business plans. See how they are structured, what kind of information they contain. You do not need to understand them 1 by 1, but you should try to adapt them in some way.



If this is something you want to do, start with a tight budget and less reserves: Do some research, start small - don't overthink what is legally required, just get it done and start!
If you have reserves and this is a project for you: Still start small. And read the sentence above.

And keep your initial budget small!

Lets say you have the traffic of the BIGGEST sites, invested SOOOO much money in contracts on Fiverr to build you a website.
But? Your product sucks, nobody cares. They just leave.

SO, my learnings:
- Don't overthink (this is where most people stop)
- Don't invest in things you REALLY (by heart!) don't need in the first place. You don't need the ultra SEO boost. Get some bloody sales first, mate!
- Invest in marketing and all that stuff step by step - same example as traffic.
- Don't buy any overpriced website creation like I did, wasted many thousands of $, but the result? Nobody cares about the products.
- Tried TikTok, Facebook, everything.
- If your prodcut and your mind to get drawbacks is strong, sales will come in.

Good luck, buddy.
Last but not least: JUST START! Learn the basics, don't overthink, don't overinvest and test your product.
I am learning to know Wordpress to avoid those things with Fiverr etc.

Learn SEO etc. from BHW. But at some point you have to start.
Even if its not 100% perfect, you will get better, time after time.
Just don't give up or waste money.

Best,
z
Very nicely put. I suggest you take his advice and see for yourself. Even here on bhw people with big traffic groups do not know what to sell to their 100k+ groups and end up selling some rubbish to get 0 conversions. Product is key. For a start open your tiktok and try to get on dropshipping fyp with tiktok made me buy it search or sth simmilar. If you see a video promoting something that is doing good numbers, check out their store and look for what you would do better than them (photos, ads, web design...).
 
Please remember this. The MOST IMPORTANT part of running an e-commerce store is your content. You can sell products that people deem saturated and make it big if you're constantly experimenting, testing, and pushing out new content. New content as in ad creatives.
 
No. So many shopify experts, content experts, ads experts and so on are selling their services as freelancers. All these people COULD start eshops but they DON'T. Why? If there is a virtually unlimited supply of experts then that means it's wildly competitive. What's the point of picking a path that will stress the fuck out of you? Would any of the people that tell you to give ecom a try actually share their ecom links for you to learn? Or they just want to project an image of someone that is succeeding in this economy despite how hard it is?
 
No. So many shopify experts, content experts, ads experts and so on are selling their services as freelancers. All these people COULD start eshops but they DON'T. Why? If there is a virtually unlimited supply of experts then that means it's wildly competitive. What's the point of picking a path that will stress the fuck out of you? Would any of the people that tell you to give ecom a try actually share their ecom links for you to learn? Or they just want to project an image of someone that is succeeding in this economy despite how hard it is?
they wanna sell that gpt4 course xD youtube is filled with them, even tiktok i somehow cant get rid of that annoying Iman Gadji or Luke Belmr. Must be sth wrong with sb to buy their GET RICH 2024 BULLSH*T. Sorry but they make me sick.
 
You will learn as you go. and the more you learn, the less you know. but you have to just start DOING.

Whether it's taking notes, watching tutorials, or reading posts on here. Taking action, failing, and not stopping is the key to success.
 
I think that destitute product and traffic will generate more revenue than good product and no visitors.
 
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