Quick Guide To How I Start My eCommerce With $0
Seen many post asking which paid eCommerce service is good or how to get started or finding customers. So I decided to write this quick guide to help you which how I started my ecommerce business with $0. Which for really poor people or tight budget, used to like me.
The method we are going to use is "buy low and sell high" and drop shipping.
Your first task is to get a hosting plan and domain plan for your eCommerce. You can easily start with less than $10. If you don't even have $10, this is how you going to get your money.
Few ways to do it. First you can go download mobile market app where people are buying and selling. Or online market forums in your local country. Can easily find using Google search.
Now you have to find good deal such as people trying to get rid and selling at very low price.
Example this person John is selling away his ps3 game at $10. And you think this is good deal. So you post this ps3 game at mobile market or market forum selling $20. So if someone offer and interested, ask buyer to make payment. Once you received payment, contact John and buy the ps3 game from him and mail it to your customer. Or if you want can tell John to mail it to you first then you mail it to your customer.
So now you got your $10 profit in your pocket. It's time to get your hosting plan and domain.
You can choose which hosting plan and domain provider you want. I'm using godaddy for both as my hosting and domain provider. You can easily get a hosting plan as low as $1.49/mth to $4.99/mth. And for domain you can easily get at $1.90 or $2.90 per domain names. Just search in Google "domain provider coupons". So for my case, I'm using godaddy so I type search "godaddy coupons" and I registered my domain at $1.90/year.
Next you going to choose your free open source ecommerce and install it to your site. Such as open cart, os commerce and many other on the Web. Again google search it for what are the free open source ecommerce that you can use. Many people will stuck here, but don't worry I am going to teach you how to solve it easily.
Two methods. One is you do your research and learn, there are many tutorial videos on the Web. Example "how to install open cart" and there are tons of tutorial. Once you learn it, is actually very easy. Another method is go to fiverr and ask someone to help you and install. And it just cost $5 which can help you save a lot of time.
Now let's assume at this point you got your own hosting, domain name and website is up.
Now you need to upload your products. And where do you find your products since you have no money.
You can find drop shipping website and upload all their products to your own website. Or search around the market who have their own ecommerce store and upload their products to your own website. Contact the website owner to ask for permission to use their pictures and negotiate with them that you wish to have a long term business with them and ask for discount. Normally the owner will create an account which have discount for you. I always did that and this help increase my profit and can set my price at very competitive rate. If the owner don't wish to give you discount then it's alright just move on and find another one.
The boring part here is the uploading of products to your website. You can do it yourself or you can go to fiverr and ask someone to upload for you.
Now you need to find customers to your website. Here are some methods which I find it very effective.
Go to any mobile market place, if possible find your local country mobile market place or market forum to promote. Post your items list here as many as possible. Remember put in your contact such as email address or your number if you are comfortable. Just make sure they can reach you easily. And always put your website link into your listing description. Refer them to your website. Within few hours or 1 to 2 days, will have customers enquiry and so on. Everyday you keep repeating upload more products and list in whatever market place you can find and refer them to your website. This need to be consistent and make sure St least upload few products and list it in market place.
You need to have a long term customers who keep come back to you as well. So what I do is using member discount. Try to make them sign up as member to your eCommerce site and enjoy discount just by becoming member. And give whatever benefits that you think can keep them come back.
This method works and it takes time to build because I used this method and it is generating healthy few hundreds profit within 3 months of consistence effort.
All this is hard work and you can't be forever everyday upload and list in market place. So outsource the job using your profit.
But i recommend you use these profit and invest in other project which can generate passive income. Such as affiliate marketing and many other ways which can do you own research.
Hope this quick guide will help you. CHEERS!
Mike Schlecht
The Money Ferret Finance Article Directory