Tuesday, May 29, 2018

Ecommerce Business Blueprint: How To Build, Launch And Grow A Profitable Online Store

By: Richard Lazazzera

Starting an ecommerce business is hard work with many steps and decisions that need to come together at the right time. To help, we have put together a comprehensive resource list, compiled from Shopify's most popular blog posts. These posts have been placed into a logical order based on how you would research, build, launch and grow a profitable ecommerce business.

Let's dive in. 

Choosing a Product

Finding A Product To Sell

The first step to building an ecommerce business is to know what products you want to sell. This is often the most challenging part of starting a new online business. In this section, we will highlight the strategies you can use to find product opportunities, explore the ten best places to look for product ideas, and finally, we will reveal ten trending products that we came up.

>> Find a product on the Oberlo marketplace
>> How To Find A Product To Sell Online: The Definitive Guide
>> 8 Strategies for Finding Your First Product
>> 10 Places To Look For Products To Sell Online
>> 10 Interesting Product Ideas Trending Right Now

Evaluating Your Idea

Once you have a product idea in mind, how do you know if it’s a good idea or not? In this section, we will go through two exhaustive evaluations methods, evaluating both the product itself, as well as the market for your product choice.

>> How To Evaluate Market Demand For Your New Product Idea
>> How To Evaluate Product Viability
>> 5 Strategies To Evaluate Your Product Idea

Obtaining Your Product

Having found your product idea and evaluating them in the previous section, you must now figure out where and how you’re going to obtain your products. The next two posts will cover the various methods for acquiring your products, along with the pros and cons of each model.

>> Make, Manufacture, Wholesale or Dropship: The Pros and Cons of Each Model
>> How To Find a Manufacturer or Supplier for Your Product Idea
>> Alibaba 101: How to Safely Source Products from the World's Biggest Supplier Directory

Research & Prepare

Research Your Competition

You’ve found your product, evaluated the potential and sourced your supplier. It’s time to write your business plan, but before you get into that, you'll need to research your competition thoroughly so you know exactly what you’re up against.

Read More >> https://www.shopify.com/blog/14459769-ecommerce-business-blueprint-how-to-build-launch-and-grow-a-profitable-online-store

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