Who is making money off their E-commerce site

Hi

You really need to find your own niche, something that interests you.

I could tell you I'm making thousands selling tools or garden equipment. But that doesn't really do you any good.

Personally if you are starting out I would stay away from fashion. The competition is huge and there are some big players with big budgets. That's not to say you can't do it successfully - you can but you need to know how.

You are better off finding a less glamorous niche like duvet covers or chair covers. There will be less competition and you are better to do one niche really well than try a larger niche.

In terms of finding suppliers the best ones will be the hardest to contact. Everyone can do a Google search for 'wholesale fashion' the companies at the top are inundated with offers. If you can find a supplier that doesn't look like they know what they are doing online contact them and tell what you can for them. The more effort you put in here the better it will be. The less people who discover your supplier the better - especially if you can get them to give you good prices.

To start with just try and break even (if it's a repeat order product you can lose on the first sale) but if you break even to start with that's great. Then try and get better prices and focus on your conversion rate. Increasing your conversion rate is the key, then with better seo etc that's when you'll start to make money.

It takes time and most people give up too early. It can be done.

If you get chance you may want to look at my videos - http://copytheformula.com you might find them useful.

Good luck
Alan

You've just got to do your homework. Many people lose money in offline retail, and many make a tonne of money in offline retail. Ecommerce is no different but I would advise to start small and build your business up. I don't believe there is any need to invest a lot of money to get going—good old fashioned profits should ideally fund growth.

no targeted traffic=no sales....

doing affilites lesser hassler no need to keep stocks also

I can't talk about Ladies Fashion or drop shipping, but as far as ecommerce goes it's up to you. I'd personally recommend finding someone in the US, no matter the niche, and start there. Negotiate some pricing and get going, just to see how difficult/easy it can be.

Thankfully, the cost of entry to any online ecommerce store is virtually NIL. If you have $30 in your wallet you can start selling this evening. It just depends how involved and how much grunt work you actually want to do.

To answer your questions:

1. How long did it take to get your first sale. within 24 hours
2. What is your niche? Can you share your website?
3. How did you search for suppliers? I know digging deep in google and actually talking with them.lots of phone calls, if it's on the internet too many people already know about them.
4. How much are you making per month? ($500, $1000, $4000 or more)
5. What are your marketing startegies? Social media, PPC etc. All of the above, if it can be done, I'm doing it or or tried it and decided it wasn't right for my setup.
6. How do you SEO? I've been doing SEO for many, many years, and as it turns out, doing SEO for an ecommerce site was easier than any other website I had developed. With affiliate marketing, ad view driven websites, ecommerce requires the least amount of SEO to get rolling. Just depends on which hill you are trying to overcome.