HOW TO MAKE MONEY WITH AN ONLINE STORE

HOW TO MAKE MONEY ON e-COMMERCE SITES

Preamble:

You could make as much as $ 400 and above per a month just by operating your own online store without necessarily hosting an eCommerce site. Welcome to a money spinner tutorial side of my blog.
This is part of my side hustle where I spend 5 hours per week to make currently $400 per month. Of course, you can transpose it into Naira, I'm a Nigerian.
I have seen many persons struggling, other posting about kinds of business to start with a little fund, but only a few have come up with How to start your business, but am here to simplify the process.

Image source: imgglobalinfotech.com

 WHAT TO KNOW ABOUT ONLINE BUSINESS AND BUSINESS IDEAS

Here you will learn how to use the online presence to earn monthly, which could be an additional income for you like me. I will expose the methodology I use to earn at least at the moment $400 per month just by spending 5 hours weekly. This avails me the opportunity to other work, like working in someone else company.
Hopefully, you can benefit from these ideas and reach your financial goal or freedom.

A business idea is the first port of call into starting a business. It must be thorough enough to be banked on, not just by you, but your clients, which are an indicator of survival (i.e; specified your business niche). The best part of starting an online business requires at least 5 hours per week to maintain by my research.
Besides, you must be willing and ready to put in an initial effort for a couple of months before you can reap the fruit of your labour.

HOW I MAKE $400/MO BY SPENDING 5 HOURS ON MY SOCIAL MEDIA ACCOUNT

Still on the course, here, I will teach you how I make at least $400 per monthly, doing what you are about to learn free here. I will advise you to follow the guide carefully for knowledge advancement.

FIRST STEP: Create an online store - I used Shopify to create my first online store. What is Shopify? It's an eCommerce site creation platform. Shopify is a very user-friendly eCommerce platform which you can use to create a functioning sore in less than an hour. To make your Shopify store more beautify and well customized, you will have to spend around 5-5 hours at the creation period.

Even if you do not know how to do this on your own, there are several videos on YouTube which will explain in details and models exactly how to do that. If you are interested in such video, you can click this link: Shopify video.

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SECOND STEP: Choose your niche - I'm very sure that you have I’m sure that you have something which you are passionate about. In this, you will have to base on what you can target people who are also passionate about what you want to sell for them via online platforms like Shopify, Jumia, Konga, Jiji.ng and others. You expected to have a clear niche where you aim for a low number of persons who are very passionate about things you are selling in.

Your niche could also result from what you know people rarely have access to on the street, that which may stress them searching for, but can use your platform to bring it closer to them. As a parent, your niche would be baby products, making nurse mother have easy accessibility to baby items which could make lives easier for them.
Some of this I deliberately provide at low cost to boost my turnover over time.

 Your story could be your biggest selling point, give beautify narration and usage of your product to attract your target market and overcome your competitors, remember, there are millions of stores online that do the same thing you are into, take advantage of your description and location. With my experience, is obvious, that it is the one who has a better story to sell, who wins the selling game.
So, don't create just a niche of product to sell, but create a product store on every product upload and expect people to buy with a nice story on it. On how and why your products matter.

THIRD STEP: Find original but cheap products to sell - you could go as far as Alibaba or Aliexpress, Amazon to find cheap, but original products relating to your niche to sell in your territorial eCommerce platforms.
You could also introduce good packaged local products for exportation via eCommerce. Note finding a cheap product doesn't mean that you should sell it cheap; it simply means that you try to keep your coast of good on the check as low as possible. The quality of your product is a selling point and key to your success.

FOURTH STEP: DROPSHIP- What is dropshipping? Is a form of sales without inventory. Do I say without inventory? Yes! You present the product
you want to sell in your designed and customized store and the customer orders the product. Then you will have the clients contact details and received a payment, you go to Aliexpress or Jumia depending on your choice and influencing factors and enter your client(s) address and ship the product there.
Online shopping mall like Aliexpress handles shipping and you collect the profit in between, without even spending a penny on inventory.

HOW TO I MARKET OR GET CLIENTS TO BUY MY PRODUCTS

MARKET: There are ways to market your store and more ways you can use to market your products and bring the awareness closer to your potentials starting with friends and family on social handles, such as:

Instagram, Facebook, Pinterest, AdWord, sponsored blogpost etc.

• On Instagram Account: It will amaze you what this platform could earn you monthly, just by posting your product pictures with a nice story to sell the products. Instagram is a must for online sales for you because it has advanced my sells strategies. You have to create your niche Instagram account to aid your sales by posting 4 to 5 products pictures relating to your niche and products.


On Facebook page (s): unlike Instagram, the Facebook page allows you to create more mouth-watering content that could help push your products to your target market. You can tag as much 20 persons or other pages for more reach as visibility. They all allow you to do sponsor Ads to get your specified location, audience, gender and so on…
Influencers account: this will enable to reach a larger audience at a goal
 There are many accounts on Instagram related to your niche which has +1.5K followers. You can send them an email which goes something like this. “Hi, I like your content and feel like my products would fit very well with your follower base. How much do you charge for a shout-out.”
This could come with a cost, don't mind it's a token investment that will yield a return of investment. They tell you how much it costs, and you send them the post you want them to share along with your URL which you want to attract traffic to.

CONCLUSION

I will like to conclude this article with the following Quotes ...
"If you do what you've always done, you'll get what you've always gotten." ― Tony Robbins
“Change rarely fails because it's too early. It almost always fails because it's too late.” ― Seth Godin
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This article is a product of KCmond consult, no part of it is expected to copy or publish with sole permission Kingsmond Ehimare.