For anyone who wants to sell products online.
If you really want to sell your products on a wide scale, online marketplaces or platforms are a must. Online marketplaces are eCommerce sites that offer many different products from many different sellers. Some of the most well-known marketplaces include: Amazon, eBay, Alibaba.com, and Google Express. However, these are far from your only options.
Recommended for: anyone who wants to create a product and sell it but doesn’t want to start their own eCommerce store.
How much can you earn? it depends a lot on your product, the demand for it and your target market – but you could start earning a few hundred dollars from the first month.
Start-up costs: there are several costs that you’ll need to plan for: manufacturing costs, shipping costs, advertising and marketing – and because of all the different variables involved (like the cost of creating the product, your location and so on), it’s very difficult to provide a clear and accurate estimate of start-up costs.
If you can create a product that people will want, then you can start making money from it; it could be your art, jewellery, furniture…the possibilities are endless.
And luckily, there are plenty of websites – like eBay or Etsy – where anyone with a product can simply start selling.
Here are some tips to help you succeed:
- Think like a business: who are your customers, what is your target audience? Why would they want your products?
- Where does your target audience spend time online? Where do they buy online? What social media channels do they use? The more you know, the better you’ll be able to promote your products, as well as sell them on the right channels
- Consider investing in online ads: once you know what social media platforms your audience uses (Facebook, Instagram, etc.) it’s worth investing in social media ads for those channels to drive up sales
How do I start?
Not sure how to start selling your products online? Get started here.
Do I need a website?
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