How To Start Online Business

How To Start Online Business with shopify?

The challenge is to launch an ecommerce business with $0 and earn $65 in the next 14 days.

All the tools mentioned offer a free 14 day trial. After 14 days, you can either pay $65 for the tools and continue to build the business or try something else.

Your goal is to make sales, so don’t get obsessed over details. In most cases, the first store name and banner design is good enough. Do it and ship it. Make sure you launch your store as quickly as possible and focus on generating sales. You can always make changes later.

Let’s begin. 

What Should You Sell?

When choosing a product, people often fall into one of two categories.

1. On a whim, with little consideration, which ends up wasting a lot of time and effort for no results.
2. By spending weeks looking for a perfect product idea, but probably choosing one of the first ones you thought of.

For the purposes of this challenge, try to be somewhere in the middle. You have to validate your product's potential with data, but don’t get stuck always looking for something better. Dropshipping allows you to quickly switch between ideas, so if your first one proves to be unsuccessful, you can easily try another one later.

Browse Other Stores

I always look for product ideas on other stores and social shopping sites.

When you browse other stores, look at their offerings, best selling lists, and promoted products. Many stores have a tremendous amount of data and employ entire departments to organize their sales and pick their products. Use that information to your benefit.

Here are a few places to get started:

• Oberlo
• AliExpress Most Popular Products (Weekly) 
• Ebay Daily Deals
• Amazon Best Sellers
• LightInTheBox Top Sellers List
• Lazada Top Sellers

Browse Social Shopping Sites

Set up an account on sites like Polyvore, Wanelo, Fancy, and Pinterest and look at what's popular in different categories.

There are hundreds of millions of products on those platforms and people often overlook these sites in their research. They are extremely valuable.

When researching each product idea, take into consideration a few factors:

Avoid Broad Categories

People are already exposed to thousands of offers daily. Look to supply niche products that are underserved by the larger players in the market. For example, there is no specific interest group for a normal belt, but you can easily tell that cycling gear will resonate well with cycling enthusiasts. Look for niches like plus size women’s clothing, fitness leggings, or yoga accessories.

Look for Products You Can Sell for Less $60

With a retail price range of $40 to $60, the profits are relatively good and the conversion rate is usually higher because the purchase requires less consideration by the buyer. 

Follow Product Trends

Use Google Trends to see what products are trending and to check the demand of your product ideas. Look for products that are increasing rather than decreasing.

A Few Product Suggestions

Fitness Bras and Leggings

Fitness Activities and Fitness Clothing are trendy. Thanks to new technologies that make sports more social, there is a massive social impact from Instagram and apps like Endomondo or Nike+.

Wooden Sunglasses

This seasonal product is constantly ranked among AliExpress top sellers. 

MEGIR Watches

A top watch brand on AliExpress and Oberlo offers affordable watches with a look of luxury, and they are well received all over the world. You can find a number of great reviews on Youtube and Instagram to prove the quality.

Launching A Basic Shopify Store

Recall your north star: to launch an ecommerce store with $0 and earn $65 within the next 14 days.

What you really need is a simple medium to sell your products. A basic store serves this goal perfectly well. Again, we only need to cover the essentials before we move to adding products and finally making sales.

Here’s Your Launch Essential 'To Do’ List:

There are tons of things you can do to setup and customize your store. For the purposes of this challenge, I suggest focusing on the essentials. You can always come back to after you've validated your idea with a few sales.

1. Pick Your Store Name

Picking a name shouldn’t be a huge concern right now. Think of something random and simple, such as WatchMan, DealsDealsDeals or Shop AlwaysTrendy.

If you're having trouble coming up with a good name, try out the Business Name Generator.

2. Register for a Free Shopify Account

In the old days, you had to get a server, upload an ecommerce system to it, hire someone to change it according to your needs, and pay to maintain it. It was expensive, time consuming, and the final result was still a slow and ineffective website.

With Shopify, you can create your store in just a few clicks and all of the server setup and maintenance is taken care of for you.

Go to Shopify.com, click "Start your free trial", enter your store name, and click "Create your store".