Just like everyone else, I dreamed of being my own boss and working from home. And just like everyone else, I thought it could never happen to me. Until it did! It was incredible. I got to set my own hours, do what I loved, and even earn more than I ever did at a traditional job. But enough about me: You can do this too! Here’s what you need to know about starting an ecommerce store so you can get the most out of your new business:
1. You can work from home!
If you’re like me, you can work from anywhere. Whether it’s a café in your hood or just the comfort of your own home in pajamas (or even better: underwear and pajamas), the choice is yours. Working from home allows you to set your own schedule and work when it’s most convenient for YOU! In addition to working in your PJS, E-commerce stores also offer many opportunities for entrepreneurs who want an easy way out of their 9-5 job but don’t have the capital needed to start a business.
2. You can be your own boss.
There is a reason why people say that “work-life balance” is a myth. There are only different ways of living your life, and since you are the person who has to live it, you will have to find what works for you.
Work from home is one such possibility that many people consider when they think about starting an ecommerce business. However, this may be easier said than done especially if you haven’t done it before or don’t know where to start with your new endeavor.
The first step towards making this happen is deciding what kind of products or services to sell through your store and creating an outline for how it should look like in terms of appearance, navigation ease etcetera (this would also include choosing which platform—Shopify or WooCommerce—to use).
3. You get to do what you love.
You get to do what you love.
If you are a creative person, then e-commerce is the perfect fit for you because it allows you to be creative and flexible in your approach. You can make all the decisions about how your business should look, feel and function. You can also choose which products and services to offer, as well as how much effort will be needed from your side if there’s a need for additional features or updates.
If this sounds like something that appeals to you then I would advise that you start an e-commerce store today! It will allow us to do what we love while earning money at the same time – an ideal situation!
4. Your business never closes.
One of the biggest benefits of owning an e-commerce business is that your business never closes. You can be working on your store from anywhere, at any time of day.
You don’t have to worry about closing shop for holiday breaks or lunch breaks. You can work 24/7 without worrying about someone coming in and taking over your sales or stealing your customers away from you.
This is especially useful if you want to make more money but already have a full-time job that doesn’t allow enough time for you to pick up another part-time job on top of it!
5. It’s cheaper than setting up a brick-and-mortar shop.
One of the first things that comes to mind when you think about starting an e-commerce business is the cost of setting up a physical shop. However, this is no longer an issue thanks to the amount of technological advancements in recent years.
With free website builders and shopping cart services, it’s easier than ever before to get your own e-commerce store up and running for free. You can even use a free social media account such as Instagram or Facebook to market your products.
6. You don’t need to quit your job right away.
- You don’t need to quit your job right away.
- Starting an eCommerce business from scratch is a daunting task. You could try to do it all on your own, but chances are you’d fail. There’s no shame in starting small and growing as you go! The key is not having the perfect plan before beginning, but rather experimenting with different ideas until one sticks; because I’m sure we’ve all heard before that “there are many ways to skin a cat,” right?
Luckily for us (and our cats), there are plenty of resources out there that can help us along the way—such as this very article! So what are some ways we can get started?
7. There are endless opportunities to learn.
There are endless opportunities to learn. There are a lot of resources available to help you understand ecommerce and the things that you need to consider when starting an online store. You can find online courses on platforms like Udemy, Skillshare, Lynda, and others that will teach you about everything from coding to SEO (Search Engine Optimization). There are also many blogs and podcasts devoted solely to ecommerce business owners such as The Seller Labs Podcast or Shopify’s blog which will provide you with great advice on how to manage your store.
There are also forums where people discuss their experiences with starting an eCommerce store like Reddit’s EcommerceTips subreddit or even Facebook groups such as Ecommerce Entrepreneurship: Made Easy!
8. You can sell products online without having them in stock yourself.
Selling products online isn’t just for business owners. You can sell products online even if you don’t own any inventory. How? It’s called dropshipping, and it’s one of the most popular ways to grow an e-commerce store today!
Dropshipping is a method of retail in which a retailer doesn’t keep the product they’re selling in stock. Instead, they simply buy the item from their supplier and have it shipped directly to their customer. Dropshipping is gaining popularity because it allows you to sell products that don’t even exist yet, like preorders or crowdfunded inventories, without having to worry about storing them until they arrive at your doorstep (or warehouse).
9. It’s easy to measure the results of your efforts.
You need to be a results-oriented person. Otherwise, you’ll get discouraged by all the hard work that goes into running an e-commerce store and give up before you even get started!
If you’re the kind of person who wants to see progress on their projects immediately, then I have some great news: it’s easy to measure the results of your efforts with an e-commerce store. You can see how much money your marketing is bringing in and what’s working (and what isn’t). This makes it very straightforward for you to decide if your business is successful or not—a luxury most small businesses don’t enjoy!
10. The low barriers to entry mean you have more opportunities to succeed in an ecommerce store than with a traditional business model.
The low barriers to entry mean that you have more opportunities to succeed in an ecommerce store than with a traditional business model. With an ecommerce store, there are no physical barriers. You don’t need to build a building or rent retail space. There are also no regulatory barriers because it’s easy to set up an online storefront without having any special licenses from the government. And finally, there are no financial barriers because it’s possible for anyone with access to the internet and a smartphone or computer to start selling products at scale immediately!
11. Anyone can start an ecommerce business, even if they have no experience.
You don’t need to be a tech expert. You don’t need to have a lot of money. You don’t need to have a lot of time. And you certainly don’t need any experience in ecommerce retailing!
Many people think that starting an ecommerce business is only for those who know how to code, who have a big budget, and who are willing and able to dedicate their lives 24/7 to making sure their website runs smoothly day after day (even when they’re on vacation). But this isn’t true at all! With online platforms like Shopify or BigCommerce available today, anyone can create an online store and start selling products right away—and if they want help along the way with setting up their site or learning how best to optimize it for search engines like Google (and Bing), there are plenty of resources available online through free webinars and other tutorials that can teach them everything they need in order not just survive but thrive as an entrepreneur selling goods through the world’s largest marketplace: Amazon.”
I really hate to see people miss out on the opportunity to start something they’re passionate about because of fear or lack of knowledge. It’s something I wish I’d known when I was younger, so hopefully this blog post will help someone out there make their dream a reality.