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Would this idea be profitable

Discussion in 'Making Money' started by BrettM_, Jul 19, 2017.

  1. BrettM_

    BrettM_ Regular Member

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    Hello i am looking for your guys opinion on this idea ive had,

    the idea is to grow eCommerce brands and sell them,

    I would find a profitable niche setup a website on Shopify(maybe outsource some products)

    I would then grow an Instagram account (with the brand name) to get traffic to the Shopify store, then i would use the follow/unfollow(I programmed my own bot) method to grow the following on the account and get it to a certain milestone.

    then i would sell the eCommerce business

    rinse and repeat.

    Do you think it is profitable or a bad idea?
     
  2. MisterF

    MisterF Jr. VIP Jr. VIP

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    While ever there are buyers anything can be sold.

    I'd suggest to start out with 2 or 3 at most and see how it works out.

    Don't put all your eggs in one basket.
     
  3. blogzandstuff

    blogzandstuff Elite Member

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    Why shopify, why not make even more money and use woocommerce? Much more flexible
     
  4. cosmo89

    cosmo89 Jr. VIP Jr. VIP Premium Member

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    I can see you are depending only on the social traffics, which would be costly. I would suggest to do your background research before getting into it, since E-commerce is a cutthroat market and you need to have basic understanding of your product & customer buying pattern.

    I had my own tshirt brand and earned some money through online, but spent most of money in discounts and marketing, which was a huge learning curve for me. So take some time to study the market before you choose your path.
     
  5. W9go

    W9go Elite Member

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    if you manage to get traffic and sales to your page .... sure you can sell it.
    if you have a effective system to grow the IG accounts which bring in the traffic it sounds like a good plan :)
     
  6. BrettM_

    BrettM_ Regular Member

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    I have another question, should i get success in the eCommerce brand (make $$) before i sell it or should i just gain a following and traffic and let the new owner get/sell products?