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Online store

by Saso
4 replies
Hi,

I did started an online store 1 year ago Magento based with already 8k of products listed in.
At this time I get about 8k unique monthly visitors and 5k € revenue a month.
What is your experience with online stores? How fast you did get big money?
#online #store
  • Profile picture of the author shine01
    offer attractive packages & check the bounce rate of your visitors....
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    • Profile picture of the author BigUncleTom
      Depends what type of products do you sell. If you sell digital or electronic products then success is low (market is over-supplied and competition is huge). Also check the price and profit margins. Usually it is suggested to sell products with prices between 50-100 USD and with margin of 30-40%.
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  • Profile picture of the author EricIM
    Some stores start making good money fast, others take some time. Look at margins and competition. If you are selling branded products, which are usually easier to advertise and sell, it's often much more competitive (or will become so quickly). If you can make your own products or private label and differentiate one, you will last longer and make more money.
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  • Profile picture of the author sue ayinde
    ya...offer the special gift on special Occasion and don't try to get more profit in the starting.First of all your aim should be the establishing your business properly.Once you get more visitors you can get more profit.
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