Steve Chou of that website is interviewed here. He talks about starting his website and some of the issues he has faced as a start-up business.
Most are based around the area of High Point, NC. I really don't know much about them, but just driving in this area, they are a ton of outlet stores, ect. It may be the best place to get a factory direct connection within the US though. I do know that over the past decade or so, this industry as taken a serious beating as China has taken over the furniture game for the most part.
Steve Chou of that website is interviewed here. He talks about starting his website and some of the issues he has faced as a start-up business.
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I'd love to start ecommerce as a side income. I have experience with ebay, but no clue where o start with e-commerce. Any books or sites I could be linked to would be greatly appreciated.
I know there is some stuff from Andy Jenkins but its pretty outdated. Its really basic stuff though too.
Most of the stuff I learned has been 2 years, 12 hours a day 7 days a week and many many failures.
Really, as long as you know some basic stuff which this thread kind of gives you what you need to get going, your gna just have to start researching and start creating a site and start learning SEO.
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Thought this might help you guys out also.
How to make your shopping cart suck less - The Oatmeal
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Do you think it is better focus one one store and put everything in to it or open 100 little stores or something in between.
Also regarding cost of advertising for your stores... if you do spend money on advertising campaigns that is. when you spend a dollar what do you expect to see in return. I am not asking for your methods but just like to know if advertising costs turn an actual profit or do you depend on repeat business.
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If you focus on a razor sharp niche you can get sales faster. The downside is that you have a limited ceiling.
If you go with one big store, you will be more diluted in the beginning and it will be harder to rank for everything, but your upside is greater.
Logistically, managing 100 little stores is alot harder than managing one big store.
I think that if you look into the future, you will always wish that you had one big store instead of a ton of tiny ones. However, if you look at now to 6 months from now, you will wish you had a tighter niched stores.
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I don't calculate my return on my ads. If fact I don't find them super profitable. But they do make money, but they just don't convert like my organic traffic does for the same keyword. I think that as long as you see a return, you should keep them running. I'm sure I could tweak my ads, but I generally run the same ads for months and months.
Hey Biophase,
I really appreciate this topic, (I haven't been as active in the last few months due to university studies) but I was wondering what do you do to get suppliers. Like my strategy was to put a bunch of products on my website and then call the supplier and show them my site. Any advice would be greatly appreciated!
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IMO getting suppliers should not really by a strategy. Remember it's all about creating value. If you are targeting a niche where your supplier has an online retail store and ranks on the first page they have no incentive to supply you. All you are going to do is dilute their retail sales. It will be tough to get a supplier like this to dropship for you.
You would have to offer a new channel to them, maybe you also sell on ebay or amazon or increase their brand awareness.
But if you can find someone who has a shitty online store or no retail presence, then you can provide value by offering them a ton of new sales. Sometimes a supplier like this will be reluctant to supply you. But if you just began your store and began ordering things from them every week they will probably come around. Everyone likes money.![]()
Bobby Casey - GWP - GWP Insiders - GEH
Asset Protection and Offshore Planning - Conferences - Education
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Biophase in your opinion is it better to have multiple sites under one holding llc , or creating a separate llc for each site.
Hey Biophase. If you get a chance to hit me up I would greatly appreciate it. I own about 5 stores and just seeing if I could run some things off you..
One of my main issues is finding the right products to sell. Some stores the products sell so good and while others just don't sell so great. Haven't really figured it out.
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Hi Dan, unfortunately right now I don't have much time to answer individual personal questions, which is why I created this thread. You never know how a product will perform until you try it out. Even if you have search numbers, they don't always correlate with how a store performs.
I think that once you get good at putting up stores and basic SEO and even PPC, you can easily put up trial stores in many niches and get an idea fast on which ones will do well. Then you close up the crappy ones and really work on the good ones.
Yeah thats what I am thinking.
Another question I had was how do you do your phone system. Do you use one common number for all stores or do you use a call forwarding type system?
And I have been thinking of adding my products to shopping engines. Have you ever done this and if you have, any tips on how this works?
Thanks for answering my initial question
Bobby Casey - GWP - GWP Insiders - GEH
Asset Protection and Offshore Planning - Conferences - Education
biophase, what content management system do you use for your stores? I like it how every product has its own url with keywords in it and how simple the design is.
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