An Introduction to Shopify Secrets
Welcome to Shopify Secrets! Having your own eCommerce website is one of the most rewarding and fulfilling things that you can do in your life. Knowing that you have the potential for unlimited income and that it all rests on how hard you work is very liberating and motivating. While having an online store is something that many people dream about, few actually follow through and build one, so you are in a unique class of individuals.
Of course, creating a store has never been easier either, thanks to Shopify. In fact, setting up and launching an eCommerce website is as simple as painless as creating a WordPress or Blogger blog these days, thanks to eCommerce platforms like Shopify.
What do You Need to Start Your Own Ecommerce Website?
There are some initial things that you should be bringing to the table if you plan to start your own eCommerce website before you start configuring your store or even deciding what sort of products you are going to sell. You should ask yourself if you have or are willing to cultivate the items on the list below to give yourself the best chance to succeed at selling online.
Here are a few things to consider if you are thinking of getting into the business.
Are you able to devote the time involved to making your store successful? That may include several hours per week that you spend setting up your eCommerce website while still having to work a full-time job or assume your regular responsibilities. Even if you can be successful and work your store full-time, you will have to spend time each week on order fulfillment, shipping, updating your store, communicating with customers, and following the industry of products you are selling.
Do you have the ability to invest in your store while still meeting your financial responsibilities and possibly compromising the lifestyle that you are used to having money to spend on setting up your store? Even if you take out a loan to start your store, you are still assuming the financial risk, and you need to make sure that you are prepared financially.
Can you work on your store for a year or more without seeing any profit? The Small Business Administration estimates that the average small business won’t see a profit until the second or third year in business.
Will you be able to keep yourself motivated even if you feel like you aren’t having any success at running your store? You may end up having to work for a long period of time before you see any success, and most people would give up before they reached the point where things turned around for them. Are you able to make yourself accomplish the work that needs to be done daily and live your regular life, including working at another job, all with what seems like to reward at any time shortly?
Are you prepared to accept potential defeat? You might put in the work, live, or take out a loan to have money to invest in your business, purchase a great deal of inventory, and do countless other things to make your website a success, only to realize that it is never going to work the way that you have it currently set up. The competition is fierce, and it not only takes skill and perseverance to run a successful e-store, but it also takes luck. You may never be able to get your business off the ground, and you have to be willing to take that risk.