E Commerce Notes

E Commerce Notes

Share

Learn e-commerce basic concepts and how to start earning from different sites.

14/03/2022

Build your own E-commerce Empire ๐Ÿฐusing
Shopify dropshipping ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ
โœจ HOW DOES DROPSHIPPING BUSINESS WORK?
Customers place an order from your store.
Order request sent from your Shopify store to the dropshipping supplier.
Order handled by the dropshipping supplier, including the packaging, labeling(if necessary).
Order is delivered directly to the customer via the supplier.
โœจ WHY GO FOR SHOPIFY TO DO DROPSHIPPING?
Easy to set up and optimize the store.
Diversified Shopify plan according to your business.
Simple Store management.
Variety of resources & apps available.
Easy scalability as it lets you keep track of your customer behavior.
โœจ HOW TO STARTUP YOUR SHOPIFY DROPSHIPPING STORE, TO EARN $100 PER DAY($3,000 PER MONTH)? ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ
Research the market before opting for a particular niche.
Analyze your competitor and create a strategy to distinguish yourself from your competitors.
Create a detailed business plan with short goals and particular deadlines.
Devise a unique marketing strategy in accordance with the scenario.
Aggressively test your product and move towards scaling.
Keep on reviving your marketing plan accordingly with the data you collect via Fb pixel.
Maintain 2 to 2.5 ROAS(Return On Ad Spend), meaning your store should generate $100 to $125 in Sales for every $50 paid to Facebook.
Maintain 3 to 4% Add to cart conversion rate.
Branding your store should be your final objective.
Regards

11/03/2022

PayPal Account Creation from PAKISTAN!
Today weโ€™ll discuss PayPal account creation without any help from aboard. We can now create account from Pakistan. PayPal is not in Pakistan so obviously there are some requirements.
What you need to have
1. UK VPS
What is VPS?
VPS is Virtual Provide Server. VPS is a server which we use to show our IP Address belongs to a foreign country. You have to pay monthly charges for VPS.
2. VYKE Number
3. Valid Email
4. Company Details ( LTD that youโ€™ve created)
5. UK bank Details (Wise details not accepted)
HOW to Create
1. Go to PayPal UK website using your VPS
2. Select business account and click โ€œContinueโ€
3. Type your email address and click โ€œContinueโ€
4. Type your Business contact according to your company (company you've created in UK)
5. Legal business name of your company
6. Provide business phone number (YVKE number you've purchased)
7. Type business address of the company
8. Select your type of business. Sole or Partnership. Select according to your scenario.
9. Select โ€œMiscellaneous Home Furnishing Specialistโ€ option in Product or Service Keywords section.
10. Select Country of origin โ€œUnited Kingdomโ€
11. Mention your company Name and click โ€œContinueโ€
12. Type your Date of Birth
13. Select Pakistan in Nationality
14. Type your Home Address according to UK company address and click โ€œSubmitโ€
15. Click Add beneficial owner
16. Type 1st name, last name, nationality and date of birth according to Pakistani details.
17. Type ownership percentage in the company. (if youโ€™re sole owner of the company then youโ€™ll type 100%)
Remember
VPS is mandatory to create and operate PayPal Account in Pakistan

07/03/2022

How many of you would be interested to Learn Walmart (To become a Seller or Service Provider)
The 2nd biggest Online market after Amazon in USA.
Walmart is market of $40 to 45 Billion Dollars โ€“ even we as Pakistanis takes 2.5% out of it then we can take $1 Billion out of it by either offering services or as a seller.
Enablers R & D Department is going to run all of it!
The wait is over now to Become Walmart Seller or VA from Pakistan - From Basic to Advance Level Hands on Training of Walmart.
It is a great opportunity to learn from Walmart Gurus of Enablers R n D team. This R&D team of Enablers has tested these models already and had good success. This training is going to be very special that will help u to build some top notch skills of this second biggest E commerce market place in USA where we have huge potential to generate passive income with less competition.

07/03/2022

๐Œ๐Ž๐’๐“๐‹๐˜ ๐๐„๐Ž๐๐‹๐„ ๐€๐‘๐„ ๐‚๐Ž๐๐…๐”๐’๐„๐ƒ ๐ˆ๐ ๐’๐‡๐Ž๐๐ˆ๐…๐˜ ๐‹๐Ž๐‚๐€๐‹ ๐Ž๐‘ ๐ˆ๐๐“๐„๐‘๐๐€๐“๐ˆ๐Ž๐๐€๐‹ ๐๐”๐ƒ๐†๐„๐“ ๐๐‘๐„๐€๐Š ๐ƒ๐Ž๐–๐ .

๐‡๐„๐‘๐„ ๐ˆ๐’ ๐‚๐Ž๐Œ๐๐‹๐„๐“๐„ ๐ƒ๐„๐“๐€๐ˆ๐‹๐’

Reading time: Less than 3 minutes

๐’๐ก๐จ๐ฉ๐ข๐Ÿ๐ฒ ๐‹๐จ๐œ๐š๐ฅ :

๐“๐จ๐ญ๐š๐ฅ ๐๐ฎ๐๐ ๐ž๐ญ ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ :
For Shopify local 1k-.2.5k$
(3-5 lac Pkr)

1: ๐’๐ก๐จ๐ฉ๐ข๐Ÿ๐ฒ ๐ฌ๐ญ๐จ๐ซ๐ž ๐ฌ๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง
29$/month
(5200pkr)

2:๐ƒ๐จ๐ฆ๐š๐ข๐ง ๐œ๐ก๐š๐ซ๐ ๐ž๐ฌ
10-15$/year
(2000-2500)

3:๐“๐ก๐ž๐ฆ๐ž ๐‚๐ก๐š๐ซ๐ ๐ž๐ฌ
50-80$
(8000_12000pkr)

4:๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐ˆ๐ฆ๐š๐ ๐ž ๐ƒ๐ž๐ฌ๐ข๐ ๐ง๐ข๐ง๐ 
๐๐š๐ง๐ง๐ž๐ซ๐ฌ ๐๐ž๐ฌ๐ข๐ ๐ง๐ข๐ง๐ 
๐•๐ข๐๐ž๐จ ๐š๐๐ฌ ๐๐ž๐ฌ๐ข๐ ๐ง๐ข๐ง๐ 
30-40$
(5000-7000pkr)

5:๐ˆ๐ง๐ข๐ญ๐ข๐š๐ฅ ๐ˆ๐ง๐ฏ๐ž๐ง๐ญ๐จ๐ซ๐ฒ
If your product price is 500
20ร—500=10,000 pkr
55$

In 35k pkr (200$) Your Store will b ready.

6:๐Œ๐š๐ซ๐ค๐ž๐ญ๐ข๐ง๐  ๐›๐ฎ๐๐ ๐ž๐ญ:
90% Shopify Rely on Marketing

1: Facebook 100$/month
2: TikTok 100$/month
3: Influencer marketing 100$/month

7:๐๐ซ๐จ๐Ÿ๐ข๐ญ ๐ฆ๐š๐ซ๐ ๐ข๐ง:
30-45%

7:๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ ๐‘๐ž๐ญ๐ฎ๐ซ๐ง ๐ญ๐ข๐ฆ๐ž
In 6 months your Investment will B return.

Total investment in 6 months 1800$(322,000pkr)
You will Have to Spend more on Marketing When You got profit With time.
Your store will be ready in 1 month after that You can start your Marketing..

๐’๐ก๐จ๐ฉ๐ข๐Ÿ๐ฒ ๐ข๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ/๐ƒ๐ซ๐จ๐ฉ๐ฌ๐ก๐ข๐ฉ๐ฉ๐ข๐ง๐ :

๐“๐จ๐ญ๐š๐ฅ ๐๐ฎ๐๐ ๐ž๐ญ ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐:
5k-7k$(9-12 lac Pkr)

Store designing budget Will Be Same As In Local But We Can not buy inventory in Dropshipping.

Soo in total 150$ (26k pkr) your store will be ready.

๐Œ๐š๐ซ๐ค๐ž๐ญ๐ข๐ง๐  ๐›๐ฎ๐๐ ๐ž๐ญ:
In International U have To Spend more on Marketing

Facebook 500$/ month
Google 200/month
TikTok 300$/month

Everyone wanna Do Dropshipping But when They run Ads in high competition market Like USA And After 50$ of Spending in Ads which is even not testing budget They Got Confused thier question Why we Dont Getting Sales? ,Soo my advise For Those Person Be Humble, with time U will Get Sales Not In start Of Marketing And Main thing is to Test Different variation and different products soo If U Find Anny winning Ads Run Then Keep continue with it and Close All Other Campaigns.

Thank you.

06/03/2022

HOW YOU CAN CALCULATE YOUR MONEY IN WHOLESALE FBA:

"Wholesale has a way bigger scope than any other model, we should go for wholesale."

This is what person 'A' told me.

He was right!

"Wholesale has less profit margin, I don't think we can make money out of it."

Person 'B' told me.

He was also righ

Confused?

That I am out of my mind, supporting both thoughts?

Yes, I am!

If you take the calculated risk, you'd say something similar to the person 'A', discussed above.

If you don't bother to calculate any profit for your product, the product won't bother to bring you some sales. And you'd say the same like person 'B"did!

CALCULATE YOUR RISK BEFORE INVESTING IN THE PRODUCT."

๐Ÿ“ŒMAKE SURE YOUR PRODUCT IS PRICED WITHIN THE AVERAGE PRICE OF THE BUY BOX:

Whatever the current price is in the Buy Box, you have to be within the average of that price.

If your price is higher, your offer for the product may never display in the Buy Box.

๐Ÿ“ŒUNDERSTAND THE PRODUCT'S FEES:

Make sure you know what fees to expect from the product. The easiest way to do this is to use Amazonโ€™s FBA CALCULATOR.

Enter the ASIN of the product into the calculator, enter the data and review.

๐Ÿ“ŒDETERMINE YOUR PROFITABILITY:

Subtract Amazonโ€™s fees and the cost of your product from the sales price.

If youโ€™re in the positive numbers,

then congratulations!

youโ€™re profitable,

and on the safe side!

If you know how many products you expect to sell (if you have the stock or can estimate it), you can calculate profitability from those sales and fees, too.

๐Ÿ“ŒESTIMATE YOUR MONTHLY SALES:

Determine the productโ€™s monthly sales estimate using the Jungle Scout Extension.

Divide that number by the number of sellers on the listing (rather, those within 2% of the Buy Box price) plus one (which will be you).

This is the average number of sales those wholesalers share on the listing.

For example:

If a product has 3,000 sales per month and there are currently 9 sellers selling the product within 2% of the sales price, the math looks like this:

3,000 / (9 + 1) = 300 sales per month.

The "1" here is you!

๐Ÿ“ŒUNDERSTAND YOUR TURN RATE:

To avoid costly storage fees on Amazon, try to keep only 2-3 months of sales in stock.

For example:

For the product above, you would need 200-300 units in stock in order to cover sales between orders.

Happy Learning!

Regards,
Wholesale FBA Nerd."

06/03/2022

Shopify Dropshipping Winning Product Research & Methods๐Ÿ’ฅ

When you start hunting the product make sure you have clear understanding of the factors and validating the product.

These are key points to look for when you hunt a product๐Ÿ’ฏ

1. Product solves a Problem for broad audience
2. Wow factor
3. Scalability
4. unique selling proposition
5. 50% Margins at least
6. not sold in other stores

It's very important to realise product hunting plays a key role in making your Shopify dropshipping store successful.

So the question is,

๐ŸŒŸHow to Do Shopify Dropshipping Winning Product Research?๐ŸŒŸ

โœ… Facebook ad library is a great tool to see and hunt your competitors selling that same product look for active ads which they are running for at least a month, because if they are profitable that means they are making ๐Ÿค‘

โœ… Go to Exchange market place and flippa and spy on stores with revenue of $10K - $50K

โœ… Paid tools like adspy, bigspy, droppoint, peeksta

โœ… Tiktok Creative centre is a great way to hunt products too

โœ… Tiktok Hashtags, type these hashtags and follow accounts who use or review new products e.g:









โœ… Go to shopistores it's paid but worth it, and spy stores with revenue and lot of filters

โœ… AliExpress Dropshipping centre

โœ… Identify and see the Google trends

โœ… Amazon Best sellers list

Some important and necessary extensions for product research โœจ

- Ali hunter
- Commerce Inspector
- Koala Inspector
- Alisave
- My Ad finder
- Asify
- AliExpress search by image
- Ecom Radar

I hope I added some value here

05/03/2022

Some Important PPCยญยญยญยญยญ Terms & Formulas :-
ACOS = ( Total ad spend / Total Sale(PPC)) x 100
TACOS = ( Total ad spend / Total sale(ppc+Organic ) ) x 100
ROAS = ( Sales \ Total amount spend on sale) x 100
CPC = (Amount spend / clicks)
CTR = (Impressions / clicks ) x 100
CPO = (Clicks / Orders)
CPA = (Clicks / Orders) X 100
Note: CPA should be less than Profit Margin
Happy Learning !
Regards

05/03/2022

For those who lose their clients after you pitch them your services by they saying that "Okay I'll think about it".
And in the 90% cases and what do freelancer reply:
"Okay, sir when can I follow up with you next time?"
So please stop saying that, because in 99% similar cases either the client haven't found the right value in your service or they have unanswered questions.
So now next time, what you are going to say is:
"Look Charles, whenever my client says that they will come back to me it is either because they don't see the right value or they have some unanswered questions. What is the case over here, Charles?
and when they will tell you the reason, then you're going to ask them this question:
So Charles tell me with all honesty what would it take for you & I to do business together?
IT IS VERY IMPORTANT TO KNOW HOW TO HANDLE OBJECTIONS.
Please don't leave the money on the table by just dealing with the client as an amateur or beginner freelancer who just agrees to whatever the client says.
Try to catch the underline pain point and make sure to address that pain point to close more clients.

04/03/2022

Make Texas LLC in 72 hours.
These are the instructions on how to make your own US LLC in the state of Texas online.
Cost= $535
Renewal Fee Annually: $0
Is Texas the best state to make LLC?
Texas LLC has $0 renewal fee annually, However, you are liable for 3 types of taxes Federal, State and Local. Taxes can be quite complicated. Itโ€™s also best practice to work with an accountant.
Do I recommend setting up LLC in Texas?
If your a Non-US resident and don't have a physical presence in US. You have better options like Wyoming State LLC.
But, if you are resident of Texas, or if your business have physical presence in Texas you must form LLC within Texas(your home state), otherwise if you form LLC in any other state apart from your home state you will have to pay double taxes in other states too.
LETS BEGIN:
STEP 1: Visit this website "www.northwestregisteredagent. com"

STEP 2: Navigate & Click Form a LLC (Pay in Full)

Step 3: Choose the State Texas.

Step 4: Choose Business type LLC

Step 5: Choose a Business name

Step 6: Choose Member Managed

Step 7: Enter your Details

Note: They also offer EIN Service for extra $200

Once you complete the details. Make the payment. You will get the Company formation documents through email in 48-72 hours.
These instructions are for people who have time to do it themselves. But If you don't have time and have money. Connect with me, Lets get you a LLC.
If you guys need information on how to make LLC in other specific US States let me know. I will be posting more INSHALLAH!

Regards,

03/03/2022

TikTok is a money machine

Hi everyone, I'm going to start a series of value posts/case studies in this group.

I'm going to keep it short and to the point in this post, just dropping some gold nuggets so you guys know what I'm about.

You have got to understand the platform. If your ads look like ads they are going to be skipped.

You can't make ads on TikTok the same way you would make them for Facebook ads or any other platform.

Understand the trends, understand how sounds are used.

Start with broad audiences and let the algorithm learn, then you'll get better data to work with for future audience testing

Try different conversion events, especially in the beginning to collect data. With a fresh pixel I always start with clicks or pageview.

You need a pipeline full of creatives and ad copies. Do NOT spend too much money on testing audiences. Spend that money on making your creatives and the testing of your creatives.

Use attributes that are organic to the platform. Don't use unknown fonts, voices, sounds.. I would say don't edit your creatives outside of TikTok.

Scroll through TikTok daily for 5-20 minutes. Check what's trending, don't go on the platform for fun really go on there to learn.

Don't let the algorithm know what types of videos you like, just give every video the same attention so you keep getting video's from all over the place.

You have to be active on TikTok if you want to be up to date! This is SO key.

I haven't been active in TikTok facebook groups so I don't know if this is basic information. I'd love to hear it from you guys.

I'll go more into strategies with my upcoming posts. I have some amazing case studies ready!








02/03/2022

Do you have any idea? Nowadays, COPYWRITING is one of the highest-paying, most-demanded, and least-saturated skills.
Yet, the majority of people nowadays are UNAWARE of this Less Saturated & Super-Interesting skill.
Even if you type "Copywriting" into the FIVERR search bar, there are only 5,129 services available right now.
This means that if you start learning more about this skill faster, you can make a lot of MONEY in a couple of months.
So, are you ready to hone your skills in this area?
If yes, then here is a quick guide for you.
Note: I've divided it into subsections to make it easier to follow.
Continue reading to learn more.
1. What exactly is copywriting?
Anything that is written for the purpose of selling something or to drive a particular action.
2. What are the types of copywriting?
Advertising Agencies such as tv commercials & print ads.
Direct Response copywriting such as sales emails, ads copy, landing pages, sales pages, website copy, video sales letter(VSLs), brochure, and case studies.
3. what is the difference between content writing and copywriting?
Copy is written to persuade and sell
Vs
Content is written to educate and inform
Copy follows a particular structure
vs
Content doesn't necessarily follow one
Copy drives a particular action
vs
Content doesn't necessarily have a CTA
4. What are some good resources to learn copywriting?
Do some research on Google and YouTube to learn more about this skill.
While learning copy, various websites, such as Swiped dot co, Swipe File dot com, ReallyGoodEmails dot com, and some other copy books, can also be of great help.
๐‘บ๐’ ๐’…๐’๐’'๐’• ๐’˜๐’‚๐’Š๐’•, ๐’‹๐’–๐’”๐’• ๐‘ฎ๐’†๐’• ๐’”๐’•๐’‚๐’“๐’•๐’†๐’… ๐’๐’ ๐’˜๐’“๐’Š๐’•๐’Š๐’๐’ˆ, ๐’Ž๐’๐’…๐’†๐’๐’Š๐’๐’ˆ, ๐’‚๐’๐’… ๐’“๐’†๐’‚๐’…๐’Š๐’๐’ˆ ๐’„๐’๐’‘๐’š ๐’•๐’๐’…๐’‚๐’š ๐’‚๐’๐’… ๐’†๐’‚๐’“๐’ ๐’Ž๐’‚๐’”๐’”๐’Š๐’—๐’† ๐’Ž๐’๐’๐’†๐’š ๐’‚๐’” ๐’‚ ๐’„๐’๐’‘๐’š๐’˜๐’“๐’Š๐’•๐’†๐’“.๐Ÿ™‚
๐‘ฎ๐’๐’๐’… ๐’๐’–๐’„๐’Œ.

Want your school to be the top-listed School/college in Peshawar?

Click here to claim your Sponsored Listing.

Location

Category

Website

Address


Peshawar