Want to invest $2k

shadowmk

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Hello.... How are you guys?

I have been reading a lot lately on BHW about making money... i decided to start Shopify business.. I have 2k to invest...my plan is to monetize a shopify store with FB ads... Anyone here to tell me how should i start, and what will be the best for me to start with....

Thank you for your opinion....

Have a great day!
 
Find a niche check what competition and CPC you got then rock and roll.

Sounds easy but it's damn hard...
 
1. Find a niche that you like, not what others recommend
2. Study fb ads, watch videos.. at first seems like its overwhelming but you will get it clear soon enough.
3. Start playing around with audience insights, this is the key of your FB ad success later.. key element of finding, selecting and targeting the right audience.
4. Dont worry to fail, if you should spend that 2k investment to a single store, you can easily flip that site, get your money back + bonus and can start from all over.
5. Read the 4 point again and keep motivated - there isnt such thing as money loss or a failure if you have good plan in place.

6. Avoid those PM's you now got after this post with great investment opportunities or teaming up.

Take care.
 
Awesome... Thanks guys... for the good answers! I am very excited to start with it..... Is Facebook ads working still pretty good ?
 
You need to test test test.
Test products..
If you find a winner you will be set.

There are many ways of testing, some do PPE, some do WC PURCHASES

I do WC purchases,
Test the product, see how it goes etc for example $5 a day.. no sale by day 2 kill.. etc. YouTube tutorials showing a lot of testing methods. (Have a look at frankin hatchett or Tristan Broughton) there’s many. Don’t get emotionally attached and be savage about killing ads you want to quick test and find a winner as soon as possible, some find winners in first product some find winners on their 100th product. It’s all about putting the product in front of the right audience.

Once you find a winner, you scale it to the moon.

Good luck man!
 
Yup, you will need lot of testing and optimizing ads. I'd check youtube for how other successful sellers test and optimize their ads.
 
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