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Focused on creating an Ecommerce site but ignorant help please ?

Hassassin

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Here goes. Okay so I've decided that I want to run my own Ecommerce site and for a month I've been reading Ecommerce blogs etc... i dont really have a penny to my name and decided that I'm going to need some start up cash to invest in some product. To finance this, I got a job at a fast food shop (started this week) and i should have enough in around 3-4 months, the problem is picking a product.

I really do not understand how to do market research.I know that adwords and visiting forums based around a potential product is involved but, i'm still confused as to what i'd have to do to research. For example if I wanted to conduct market research on ready made customized cigarette packages/containers what do I look for ?
How do i research competition ?

Any help would be greatly appreciated

Hassan
 
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Hassassin

Bronze Contributor
Read Fastlane!
Read Unscripted!
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Oct 14, 2012
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272
Thanks, just need to wait for this weeks wages sell my ps3 and I should have enough to start
 

yashus

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Mar 28, 2013
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Here goes. Okay so I've decided that I want to run my own Ecommerce site and for a month I've been reading Ecommerce blogs etc... i dont really have a penny to my name and decided that I'm going to need some start up cash to invest in some product. To finance this, I got a job at a fast food shop (started this week) and i should have enough in around 3-4 months, the problem is picking a product.

I really do not understand how to do market research.I know that adwords and visiting forums based around a potential product is involved but, i'm still confused as to what i'd have to do to research. For example if I wanted to conduct market research on ready made customized cigarette packages/containers what do I look for ?
How do i research competition ?

Any help would be greatly appreciated

Hassan

Look Hassan, you need to fill a product demand here. There are tons of ecommerce sites out there earning little to no money. Fill a need as MJ DeMarco says and you will find a route to success, this doesn't mean wasting your hard earned cash on a brand new spanking website.

Cheers, and take it easy,

Yashus
 

Hassassin

Bronze Contributor
Read Fastlane!
Read Unscripted!
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Oct 14, 2012
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Thanks for the comments guys,should get paid this week hopefully if not my ps3 should be sold for around £100. With the £100 I aim to start the importing business described by start up bros.
I wake up at 06:00 meditate,stretch and eat etc for 15-30mins.
Then read until 08:00
(reading a guide on freelance writing so that I can earn some income through that)
Gym time =) for an hour
09:00 have a shower and another meal
10:00 get dressed listen to motivational vid etc..
11:00 - 19:00 work
( around £20-25 a day =/)
20:00-22:00 spend time with family and bed
just got to keep going I know im going to get there !

Anyone got any grimy stories about their fastlane journey ?
I'm all ears
 

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