Is starting an online store, a good idea?

[Debashis]

In the realm of e-commerce and dropshipping, do you believe that starting an online store is a viable path to generating wealth, and what are the key challenges and opportunities you've encountered in this field? Describe your journey in establishing an e-commerce business, from selecting products to marketing and customer engagement.

 

[Nomad]

Starting an online store is a good idea, however, whether you can make profits through your online store is a different matter. If you are not confident about generating sales, consider using online marketplaces for creating stores, in stead of building your own store.

 

[Empire]

Yeah, if you have a good idea's to seel things based on what you going to have. Or what are you going to offer that would make good money Any ideas are good as long as you make money and not loss out the amount of money that you may have to spend. Worse is your idea ends up not making money.

 

[Ja Sa Bong]

It's a good idea to start an online store in ecommerce if you have something you want to sell through the online store. If there's nothing of market value to sell, there's no need to waste your resources starting up one. Amazon, ebay, Esty, Facebook marketplace, Instagram shop etc are options for you to use.

 

[Heatman]

Yes of course, I believe that it's a very good idea to start an online store. When you have most of your potential customers online, it's going to serve you better to have a store online. They can easily get access to your business and buy whatever they want. If you can't use Shopify, there are so many other platforms to use.

 

[Riberet19]

I also think it is a good idea especially if you already have a customer base, since otherwise it can be difficult to get sales if you create your own store and do not have any potential buyers, many people have made a lot of money in this way, but it will take a long time to get recurring sales if you are new to this field.

 

[Grant]

It depends on the store you're starting and how you plan to promote it, or get it out there. Just starting an online store is the first process. You need to advertise it, create social media accounts around it, provide customer support and so on.

Starting an online store may be easier, but there are things you have to do first, like brainstorm what your store is going to be, what it sells, how much you will sell items for, etc.

 

[HK World]

Starting an online store can be a great idea, but it's important to research, plan, and execute your business carefully to increase your chances of success.

Choose products that you are passionate about and that has high demand in the market. Research your target audience and competitors to find a profitable niche.

 

[Heatman]

Starting an online store can be a great idea, but it's important to research, plan, and execute your business carefully to increase your chances of success.

Choose products that you are passionate about and that has high demand in the market. Research your target audience and competitors to find a profitable niche.

The planning of everything that you want to do when it comes to starting any kind of business is very important. It doesn't matter if you want to start it as an online shop business or an offline business, you need adequate planning because that's what's going to put you on the right track.

 

[FXOcrypto]

Starting an online store can be a different way to make money from home, however, to succeed here also requires good skill and mainly public speaking and attractive content to get more audience, while a shy person may be suited working in forex trading because this business only focus on the charting to catch opportunities make money from home like me trade forex using Ticktrader platform FXOpen

 

[Heatman]

I also think it is a good idea especially if you already have a customer base, since otherwise it can be difficult to get sales if you create your own store and do not have any potential buyers, many people have made a lot of money in this way, but it will take a long time to get recurring sales if you are new to this field.

You can not be able to sell anything online without having a customer base that you are going to be advertising your business product and services to.

I believe that this is one of the key factors that you need to look into whenever you are interested in starting up any kind of business that is going to be marketed and promoted online.

 

[Riberet19]

You can not be able to sell anything online without having a customer base that you are going to be advertising your business product and services to.

I believe that this is one of the key factors that you need to look into whenever you are interested in starting up any kind of business that is going to be marketed and promoted online.

Likewise, and you will know, many people open their online store or start selling products online without having a single customer, and then complain that this business is very difficult or that it will take a long time to see the results, I think it is better to start with a base clientele since that will facilitate your transition to profitability.

 

[Heatman]

Likewise, and you will know, many people open their online store or start selling products online without having a single customer, and then complain that this business is very difficult or that it will take a long time to see the results, I think it is better to start with a base clientele since that will facilitate your transition to profitability.

Exactly! They took the whole thing from the wrong direction. Before you start a business, you must be have an available market of customers to sell it. When you start advertising to them, it's going to be easy to reach them and convert them into sales.

 

[Shortie]

If you have a passion for something and you feel that you have the drive to be able to open up a store I would definitely say go for it.

If you are able to market it well and really advertise and get your online store out there, it could be a great success.

Only you know if you have the drive and passion to be able to open up a store online.

 

[MaxMass]

Sure, I don't see why not. Everyone is starting an online store.Learn how to stand out from your competition. Learn how to differentiate yourself from your competitors in this seemingly saturated market. Learn how to sell products people actually want. Learn how to make a site user-friendly. Learn how to please your customers. Of course, there're many things you can do to stand out from your competition.

 

[Dream of the endless]

I think that having an online store will help your business alot as you can sell things and put bkninto the community

 

[Timgab]

Starting an e-commerce store can be a viable path to wealth, but it requires thorough product research, effective marketing, and exceptional customer engagement to succeed. Challenges include fierce competition, supply chain issues, and changing consumer trends, while opportunities lie in reaching a global audience and leveraging online tools for growth.

 

[Ja Sa Bong]

If you have a passion for something and you feel that you have the drive to be able to open up a store I would definitely say go for it.

If you are able to market it well and really advertise and get your online store out there, it could be a great success.

Only you know if you have the drive and passion to be able to open up a store online.

If you don't have the drive and passion to engage in the business of selling online, the kind of work which you're expected to put in before seeing success in having an online shop will deter you from the beginning.

 

[kirubel]

In the realm of e-commerce and dropshipping, do you believe that starting an online store is a viable path to generating wealth, and what are the key challenges and opportunities you've encountered in this field? Describe your journey in establishing an e-commerce business, from selecting products to marketing and customer engagement.

In my country Since COVID19 online marketing or online store get a good acceptance among the society, and peoples enjoy shopping online without going anywhere, but now a days there is problem of online store around my location, trusting online shop gets very hard because scammers start stilling money and after you purchase goods online they ask you to send them half the money and after that they disappear, and that makes a huge impact on thus who are trusted and good online stores.