How to prepare to launch your e-commerce business

Hello guys!

It’s another month again! I hope you’re having a great weekend.

Today, let’s look at launching your business, what are the factors to consider before starting anything. The funny thing is, launching a rocket is awfully similar to starting a business, although the technical variables may be different, the fundamental prerequisites are pretty much the same. So, what do you need before getting on board the e-commerce business shuttle?

Thinking up ideas

It is often said that ideas run the world. This happens to be a fact and not just a trivial proclamation. Generating ideas may sound simple, but it comes to actually doing it, it usually isn’t as simple as it seems. When brainstorming, always think; what can I sell that’ll make me successful? What is the latest trend in my niche? How can I tweak my products to make them unique and different? What kind of incentives can I offer customers that’ll separate me from the pack? These questions will help you in cataloging your ideas and implementing them in your e-commerce business better.

Planning & Research

Turning an idea into a successful business requires a lot of planning and research. You need to ensure everything is in order in terms of finances, business structure, legal aspects, etc. Regarding this; it wouldn’t hurt to have a well-drafted business plan. Research is required in understanding the market and the types of clients you will be dealing with. Ask questions, look up products you’re interested in, see what the competition in your niche is doing, analyses their market strategies and see what you can take from there… Research, research, research!

When it comes to the technicalities of analyzing the market and your competitors, we teach it like no other; utilizing severals tools and tricks to specifically accomplish this purpose. For more on this feel free to check out the sells like hot cakes competitor spy tool here

The “I Will” Mentality

A lot of “wanna-be entrepreneurs” often shoot themselves in the foot by having a lackadaisical attitude towards their business. They cower in the face of the smallest obstacle. Dare to be different! Challenges will always show up here and there, it is your attitude towards them that’ll determine your triumph or failure.

Hard Work

It is not enough to have ideas, make plans and research; you need to put in the work to actually get these things done. It is your business after all, so you must be ready to work for it. Throw away the garment of laziness and complacency and put on the garment of hard work and resilience. Whatever is worth doing is worth doing well.

So guys, if you are able to get these three things in place, implementation would be so easy and that will put in the crosshairs of success

Launching your business may involve a number of technicalities; we explain things better in our video course, giving you a FULL PROOF formula you can use.

Check it out here.

Go watch and learn

Until next time

========

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Last Wall Comments

 
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 sam dh says at 23:22 et
oh cool.. thx will do!! thx for the quick response! great support
 
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 adam says at 21:13 et
My question is related to JONAS ... So how to count long term fees??
 
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Claudia says at 21:13 et
On February 15 and August 15 of every year, FBA conducts an inventory cleanup. On these dates, inventory that has been in Amazon fulfillment centers between six and 12 months are assessed a long-term storage fee of $11.25 per cubic foot. Items that have been in fulfillment centers for 12 months or more on the inventory cleanup date are assessed a long-term storage fee of $22.50 per cubic foot. See https://sellercentral.amazon.com/gp/help/help.html/?itemID=200684750
 
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 Wise Woman says at 21:20 et
I am starting FBA and have 2 questions..
1. What is EAN/IAN??
2. What is FNSKU?
 
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Claudia says at 21:20 et
1. It's European Article Number or International Article Number A 13 digit-10 data and 3 check -barcoding standard which is a superset of the original 12-digit Universal Product Code system.

2. Fulfillment Network Stock Keeping Unit... This number is used to identify a specific product to a specific seller within an Amazon Fulfillment Center. It's this that goes on your product as a label if you're selling FBA and not commingling
 
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 henry says at 21:21 et
sorry what is this FBA mean??
 
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Claudia says at 21:21 et
In short it works like this.. Amazon fulfillment centers pick, pack and ship a seller’s products, as well as providing customer service for products -all of this comes with a FbA fee 15-30% depending on the price
 
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 Kenga says at 21:21 et
Whats different with FBM and FBA??
 
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 Dylan says at 21:21 et
Fulfillment by Merchant - The merchant is responsible for picking, packing, and shipping the products, as well as providing customer support for the product. .. FBA is when Amazon fulfillment centers pick, pack and ship a seller’s products, as well as providing customer service for products -all of this comes with a FbA fee 15-30% depending on the price
 
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Claudia says at 21:21 et
Fulfillment by Merchant - The merchant is responsible for picking, packing, and shipping the products, as well as providing customer support for the product. .. FBA is when Amazon fulfillment centers pick, pack and ship a seller’s products, as well as providing customer service for products -all of this comes with a FbA fee 15-30% depending on the price
 
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 Abigail says at 21:22 et
Whats PL??
 
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 jo says at 21:22 et
Private label product.
 
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 Bill says at 21:29 et
What dunnage to put inside to protect my products?
 
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 jo says at 21:29 et
For example bubble wraps, foam, air pillows and sheets of paper.
 
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 lou says at 21:33 et
Glad to see you are all rocking! I am hitting 20 units sold per day this week. EXCITING STUFF! Just wanted to share! If you doubt - time to START! JUST DO IT!
 
Claudia says at 21:33 et
you rock LOU! thanks for all the help to the community!
 
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 Cameron says at 21:33 et
Great stuff lou! Keep up great work!
 
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 Bill says at 21:34 et
I am planning to reach $150 profit per day next month.
 
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 Optimus says at 21:35 et
Good to hear, good for you! i am just starting is it late?
 
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 Lucy says at 21:35 et
It's never too late. It's a perfect time actually to start Shopify and Amazon FBA! GOLDEN TIME!
 
Claudia says at 21:35 et
I agree with Lucy, great time to start is NOW!
 
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 Optimus says at 17:22 et
How do i build a list? any tips?
 
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Claudia says at 17:22 et
Please see the video we have about building a list, great tips there!
 
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 Evan says at 17:23 et
You can not collect emails through Amazon's platform. it myst be build a list outside Amazon.. build leadpages page.
 
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 Ted says at 17:23 et
Run a contest in your niche or giveaway, or free plus shipping offer and then collect emails in return. EASY!
 
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 Eddy says at 23:40 et
I am getting ready to launch my first product soon, but I am wondering how will I market my product?
 
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Claudia says at 23:41 et
Please check the video about the launch process, we explained step by step!
 
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 little_tiger says at 23:42 et
Yes, good video... In short stage the launch, run give aways to gain momentum, run PPC , get follow up series installed, start lightning deals. Reach 10 sales per day goal!
 
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 sultan says at 23:43 et
Whats up guys, should i raise product price when doing ppc??
 
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 Evan says at 23:44 et
it's about high conversion rates you get!
 
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arthur says at 05:03 et
please someone help me with orbelo.
when i import a product with orbelo it does not recognize the collection i already have setup in shopify. therefore i cant place anything in a colections catagory in my store. thanks
 
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 Kylie says at 05:03 et
After you import the products, you can simply edit them from Shopify itself (in the PRODUCTS section) and there you can update description, set collection etc. Also if you think it's a bug, reach Oberlo support, they are very helpful!
 
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arthur says at 01:59 et
thx all for you help
 
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Kizzie says at 14:22 et
Great job
 
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Oliver says at 02:38 et
Thanks Emma, I got the logo done!
 
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JAMES says at 15:00 et
Greetings !!! Glad to be here! I need guidance--i am a true Newbie!!! Please help--do i just start by watching these videos???
 
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 Mike says at 15:01 et
Yes please. Welcome James!
 
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Brian says at 14:36 et
How do you know which products to use on the homepage slideshow of your site?
 
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 Ted says at 14:37 et
Use the best selling products of your website of course. You can also do the seasonal offers there (like Halloween, Christmas etc)
 
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Brian says at 18:55 et
Thank you Ted. I feel silly asking newbie questions, but it's the only way I'll get over the hump of launching my first store.