The Simple Steps to Build and Monetize an Online Store Without Inventory, Amazon Or Paid Ads
Building an eCommerce store for your business is a great way to get the word out about your product or service.
However, there are many steps and tasks that go into building and running a successful online store. To make things easier and more manageable for you, we’ve created this blog post with everything you need to know about getting started with an ecommerce store without inventory, Amazon or paid traffic.
You might be thinking, “How could this be possible?”.
Let’s first see how things are done “the old way.”
What is An eCommerce Store & How Does It Work?
An ecommerce store is basically a website where customers can purchase products or services online. But an ecommerce store doesn’t necessarily have to sell physical goods. There are plenty of services that are sold through ecommerce stores, like web hosting, domain names, and even SEO services.
To run an ecommerce store, you need to do two things: create your online store’s design and build your online storefront.
Creating an online store design is pretty easy these days with the right software. You can find templates for nearly any kind of business on sites like Theme Forest or Creative Market.
Building an online storefront is also not difficult — there are tons of options out there, and we’ll talk more about those in just a bit.
The Different Market Strategies for Online Stores
There are many different market strategies for online stores. The two most common ones are dropshipping and wholesale.
Dropshipping is when you have an eCommerce store but don’t have any inventory. You wholesale the products from the supplier to your eCommerce store, then sell it to your customers, making a profit along the way. This strategy is perfect for people who want to start their own business but don’t have any capital or time to invest in inventory, or people who want to be their own boss without being in charge of inventory management.
Wholesale is when you buy products in bulk from suppliers at a discounted rate. Though you’ll make less per product when you wholesale, you’ll also spend less on each product because it’s less expensive to buy in bulk. This strategy is great for people who are trying to grow their businesses with little money or time invested in the process.
Choosing the Right Platform
There are many platforms and tools to choose from when building your store. You want to make sure you chose the right platform for you and your business.
Some of the most popular platforms include Shopify, WooCommerce, Etsy and Magento. What do they all have in common? They’re all ecommerce platforms that can help you build a website or store.
When choosing an ecommerce platform, there are a few things to keep in mind: what you need out of your site, how much time and effort you want to put into it, and what features will best meet those needs. There’s no “right” answer for which platform is best — it’s about finding the one that suits your needs.
How to Get Started with Building and Monetizing Your First Online Store
Building and monetizing your first online store can seem like a daunting task. There’s a lot to consider: you need to create the right marketing strategy, choose the best platform for your business, and learn how to generate traffic.
But don’t worry! You don’t have to do it the old way.
If You Are Looking To Start A New Business, Maybe Amazon Is Not The Place To Start
Even if you have a fantastic idea, don’t have the time or skills to build your online store from scratch, and don’t want to go through the hassle of hosting and maintaining your eCommerce store, making design choices, there’s a simple solution: the online eCommerce training program Kibo Eclipse by Steve Clayton and Aidan Booth.
This course is designed for entrepreneurs who want to launch an online store without inventory, Amazon and paid ads.
Steve and Aidan will teach you everything you need to know about getting started with an ecommerce store, including how to utilize their software platform to effortlessly build your online store; how to pick up products and marketplaces a platform that are right for you; how to generate free traffic to your online store and how to respond to potential buyers, facilitate transactions and then perform the fulfilment.
The Kibo Eclipse program has been created by people who are experts in building successful and profitable digital stores (Just check out their user success stories — they are insane!).
They’ve had experience with all types of eCommerce platforms, so they’ll be able to walk you through everything that goes into creating your own digital store without inventory and without relying on Amazon.
The program creators have divided the process into 5 steps to make it easy for everyone to learn how to build a profitable online business.
Step 1 — Make use of the Kibo Code Quantum equipment to purchase a high-end domain.
Step 2 — Using the domain and the pre-installed theme, create your online store.
Step 3 — Create products for sale in the online shop using Kibo Code Quantum.
Step 4 —Drive instant traffic to the online store by using a unique traffic creation strategy.
Step 5 — Upon sale, the product is dropshipped to the consumer by a U.S.-based dealer.
Step 6 — Optimize your website by focusing on the most valuable items.
They will teach you how you can syndicate your products to various platform and how to generate exposure for your products online on Facebook marketplace, Google shopping, Facebook Shops, Etsy, and many other places other than Amazon.
Plus, the course comes with actionable video lessons that will help you launch your store quickly and efficiently — helping turn your business dream into reality!
