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Does this equation conclude eCommerce success?

by rizy
9 replies
  • ECOMMERCE
    • |
-Choosing One Specific Category (i.e: shirts, pants or dresses)
-Choosing One Gender (In my case female)
-Quality Products
-$20 Gross Profit Per Product
-Bringing Traffic from Pinterest and Facebook with a $1,000 monetization budget.

Will this conclude in 6,000 per month gross profit, in first two months?

Thank you!
Rizzy
#conclude #ecommerce #equation #success
  • Profile picture of the author originalposter
    Well, i dont think anyone can give you a precise answer to this because no one knows what you're selling exactly, and you didn't mention how much of a PRO are you, in setting you a targeted Pinterest/Facebook campaign.

    There are just too many variables involved here, to determine a business success.

    Anyhow, maybe you should take action, launch your store and go from there!
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  • Profile picture of the author seany
    Originally Posted by rizy View Post

    6,000 per month gross profit, in first two months
    How exactly has your equation produced this result? It seems like you are making the numbers up yourself.
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  • Profile picture of the author znightmare
    I'm also not seeing how what you've written out will equate to $6k profit a month...
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  • Profile picture of the author kre8ivecanada
    Possibly one of the funniest posts of all time. OP, we have no idea how much traffic $1,000 worth of Pinterest and FB will get you. Also not aware of your conversion rate for your landing page.
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  • Profile picture of the author rizy
    Okay lol, I admit it's not a well thought out post. I posted it at night and I don't know I was thinking this would be enough information.

    Okay, one thing I don't know how much traffic I will get but the traffic won't be overly targeted our focus will be more on getting social media expressions and likes. We will do this by hiring a professional from freelancer.com who has large female oriented Facebook and Pinterest fan pages and ask them to be in charge of our campaign and use their resources. I have discussed this with some of the people there and even though they pretty much all have awesome reviews it still depends on if this sort of strategy will be effective.

    The product being sold is Ladies Pants, product will be drop shipped from China via eParcel 5-7 day shipping.

    The product will be sold on a $20 profit with a fair price.

    Goal is to sell 10 per day with an average gross profit of 200 per day times 30 equaling 6K per month.

    What I'm asking you guys is, with a target towards females that are following fashion oriented groups, bringing that traffic over to a nicely done eCommerce store, is it possible to generate a good enough profit?
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  • Profile picture of the author UnkwnUsr
    Originally Posted by rizy View Post

    -Choosing One Specific Category (i.e: shirts, pants or dresses)
    -Choosing One Gender (In my case female)
    -Quality Products
    -$20 Gross Profit Per Product
    -Bringing Traffic from Pinterest and Facebook with a $1,000 monetization budget.

    Will this conclude in 6,000 per month gross profit, in first two months?

    Thank you!
    Rizzy
    That depends on how good the product is and how successful your marketing efforts are on FB. Test small and go from there. You could also try AdWords as you'll be able to target people who are already looking to buy which is not really possible on FB.
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    • Profile picture of the author Tillytoby
      Hey rizy,

      One thing I've learned in this business, is to expect things to take longer than you think. That's not to say don't aim high. Just be prepared if it doesn't happen as fast, and don't expect things to go off without a hitch.

      My advice would be to test small first. If you see a return, then get larger gradually until you've met your goal. Good luck!
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  • Profile picture of the author dome
    yes it is possible, unless and untill you provide the good post sell service.
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  • Profile picture of the author zlogan4
    I'm going to be brutally honest. if you goal is to sell 10 shirts a day that is possibly the most incomplete "strategy" i've ever seen.

    If that's your goal, then open up a stand on the side of a busy street, it costs less money, and it's more realistic to meet your daily goals.

    Of course, if your serious about e-commerce, keep reading.

    You do have more than some people,

    A product, a niche, and a target audience.

    But what you have failed to see, is that there are niche markets in just "females" who "buy shirts"

    You have to admit it's laughable.

    What is your GEO-Target?
    Us, Canada, Mexico, China?

    If you can't answer that, then you've already failed.

    How old is your consumer?

    10-18, 19-32, etc.

    If you can't answer that, then you can't build a relevant add to them on any platform.

    Send me a picture of a shirt you are selling. Or just reply with it in this thread.
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