How to start an ecommerce business on Shopify

ecommerce business on Shopify

How to Start ?

  1. Choose a product to sell. This is the most important step, as you need to choose a product that people want to buy. Do some market research to see what products are in demand and that you can sell profitably.
  2. Set up your Shopify store. This is easy to do, and Shopify offers a variety of templates and features to help you get started. You’ll need to choose a domain name, add your products, and set up your payment processing.
  3. Market your store. Once your store is up and running, you need to get people to know about it. There are a variety of ways to market your store, such as search engine optimization (SEO), social media marketing, and email marketing.
  4. Fulfill orders. Once you start getting orders, you need to fulfill them. This means shipping the products to your customers. Shopify makes it easy to do this, and you can even use third-party shipping providers.
  5. Provide excellent customer service. This is essential for any ecommerce business. Make sure you respond to customer inquiries promptly and resolve any issues quickly.

ecommerce business on ShopifySome tips for start an ecommerce business on Shopify:

  • Do your research. Before you start your business, it’s important to do your research and learn as much as you can about ecommerce. There are a lot of resources available online, such as blogs, articles, and webinars.
  • Start small. You don’t need to start with a huge inventory or a complex website. Start small and scale your business as you grow.
  • Be patient. It takes time to build a successful ecommerce business. Don’t get discouraged if you don’t see results immediately. Just keep working hard and you’ll eventually achieve your goals.

Some costs associated with starting an ecommerce business on Shopify:

  • Shopify monthly fees. Shopify offers a variety of pricing plans, starting at $29 per month.
  • Start a free trial and enjoy 3 months of Shopify for €1/month
  • Domain name and hosting. You’ll need to purchase a domain name and hosting for your website. This will cost around $10-20 per month.
  • Products. The cost of your products will vary depending on what you’re selling.
  • Shipping. You’ll need to factor in the cost of shipping your products to your customers.
  • Marketing. You’ll need to market your store to get people to know about it. This can cost anywhere from a few hundred dollars to a few thousand dollars per month.

The profitability of an ecommerce business on Shopify depends on a number of factors, including the products you sell, your marketing efforts, and your customer service. However, Shopify data shows that 81% of merchants are profitable after two years, and the average annual revenue for a Shopify store is $155,000.

I hope this helps!

By João Tiago Ogando