Financial/business planning and analysis is important and has its place, but for a small ecommerce business starting out I don't think it should be a priority. The problem I feel is that if you get too bogged down in the numbers and end up with paralysis by analysis you will never start and the opportunity will be lost.
Thank you for providing such a comprehensive blueprint for starting an e-commerce business! Your step-by-step guide makes the daunting task of venturing into online entrepreneurship feel manageable and achievable. Here's to turning dreams into successful online ventures!
Great share, i would like to add Building your own ecommerce business is as exciting as it is challenging. At a rapid pace you'll learn a ton about choosing a product, evaluating its viability, figuring out how to get it produced, building an ecommerce website, and marketing and selling to new customers.
Thank you for the positive feedback, Chris! Happy to hear the video can provide insight to those looking to start an online store and build their business.
Amazing tutorial! Wow, huge value here! One question though, i didn't quite get this statement: 08:40 'And if you're selling digital products, you can have issues with scalability' Please clarify, thank you 🙏
i didnt watch the video yet but, i think he means that when you're selling anything online most people will have trouble with scalability. scalability often refers to increasing. for example, increasing sales, profit, etc.
On Obtaining your product: If you you go with wholesale, does this mean you can skip the process of validating the products and instead focus on your reseller brand, your nice, and the value you provide?
Totally! We have a published video on that subject here: th-cam.com/video/RtygijqXsdE/w-d-xo.html But we're also going to create a new video to add even more information on that topic. Stay tuned!
Is it worth studying the Google digital marketing and e-commerce professional certificate just to gain the skills as a bonus at least for the job if it won't also teach you how to run an online e-commerce store? Then what Course on Coursera would they also teach me the guidance for running an online store and business if anyone is also looking for answers to the questions?
I'm hooked on every word. I recently read a similar book, and I'm completely hooked on every word. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
100%. Both links are in the description. But here they are for easy access: ► Business Plan Template: bit.ly/31TAzXG ► How to Build a Brand Template: bit.ly/2HS4sRt
How do you find a competitors market share without seeing financials? I never understand how small biz owners are expected to obtain this information if it's it's a private company? One can guess based on perception but what is the point if it's not accurate?
Hi there, Viktoria! Thanks for your question! The tool that is mentioned at that timestamp in the video is called 'Google Keyword Planner'. Google has loads of articles and support documents on the tool and how to best use it to do research into keywords that folks are entering all over the internet!
This is an absolute delight. I read a book with similar content, and it was an absolute delight. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
Thank you very much for so much great info,i got a question i would love to get answer please,is there diffrence if i start buisness from Europe or USA?I heard there are more obstacles from EU.Thanks for Great video and hope to get answer please.
Hi, there. Thank you for reaching out! Shopify is available to use in Europe the same as it is in the USA. As far as starting a business in Europe compared to the USA, we are not equipped to answer that, and it would be best to do some research into this. Please let me know if you have any further questions!
Hi, there! Shopify is the ecommerce service merchants use to run their stores (shopify.link/zJqV). If you're interested in learning more about Shopify I would definitely recommend checking out our Intro to Shopify (shopify.link/WJR) and Getting Started Guide (shopify.link/1Pan).
Hey, Gitajali! Great to hear that you're thinking of starting an ecommerce business! Ultimately, what you sell will be up to you as every entrepreneur has their own journey with building and growing their own business. It's a good idea though, to sell something that you're passionate about so that it'll make it easier for you to market your products. In saying this, you can check out our Shopify blog here: bit.ly/3DvPtUR, for some product ideas. Once you have an idea, you can follow the guide within this TH-cam video to start laying the foundation for your business!
Hi there! Could you give me the timestamp in the video for the article you're referring to? Once I have a little more information I can reach out to our TH-cam team and get that link for you.
Hey, Wesley. Thank you for clarifying the timestamp for the article! While we weren't able to find a link added in the description, you can find our article on crowdfunding right over here: 'How to Do Crowdfunding in 2022: With Expert Tips and Examples from Successful Campaigns' bit.ly/3MTtMBZ. Cheers!
Not enough info given when they explain how to identify competitors. It would be nice if they went into the detail of every point. This feels incomplete because of that.
let's use the principle of e-commerce in physical stores I explain: every store in the world is 1.0 in this store, products almost never change and the owner chose the products it is boring now, there must be a new store 2.0 in this store, products always change and people choose the products there will be via an app on the app, there is a huge catalog, people choose the products that will show up in the store the store is constantly being supplied with the products people choose
🟢 Sign up for the FREE First Day to First Sale Shopify course bit.ly/3oAGmj9
Financial/business planning and analysis is important and has its place, but for a small ecommerce business starting out I don't think it should be a priority. The problem I feel is that if you get too bogged down in the numbers and end up with paralysis by analysis you will never start and the opportunity will be lost.
This is a fantastic beginner’s guide. Was the 5th video I tried on the topic and is by far the most informative and complete guide. Thank you!
Thank you for providing such a comprehensive blueprint for starting an e-commerce business! Your step-by-step guide makes the daunting task of venturing into online entrepreneurship feel manageable and achievable. Here's to turning dreams into successful online ventures!
Extremely informative. Great entry-level e-commerce video. Love it!
Great share, i would like to add
Building your own ecommerce business is as exciting as it is challenging. At a rapid pace you'll learn a ton about choosing a product, evaluating its viability, figuring out how to get it produced, building an ecommerce website, and marketing and selling to new customers.
So very detailed. This is a great video for a starter. So much valuable knowledge. Literally a start to greatness.
Thank you for the positive feedback, Chris! Happy to hear the video can provide insight to those looking to start an online store and build their business.
Amazing tutorial! Wow, huge value here! One question though, i didn't quite get this statement:
08:40 'And if you're selling digital products, you can have issues with scalability'
Please clarify, thank you 🙏
i didnt watch the video yet but, i think he means that when you're selling anything online most people will have trouble with scalability. scalability often refers to increasing. for example, increasing sales, profit, etc.
LIKE Wait a minute why is this video not viral like too much infor for free and it doesn't have a million views yet ?
Agreed.! Especially at times like this, e commerce businesses are sky rocketing
Shhhh, less competitors!
Shush we gotta gatekeep this
Exactly like whyyy
@@GilroyAranetaGood one
This is perfect for everyone. Very informative and valuable raw details. I will recommend it for sure.
On Obtaining your product: If you you go with wholesale, does this mean you can skip the process of validating the products and instead focus on your reseller brand, your nice, and the value you provide?
best video I found for starting a business, soooo much value! Thank you Shopify.
Thank you for being part of our community 🙂
You are very knowledgeable with very impressive guides! Thank YOU!
Thank you for the kind words, Lisett! Just let us know if you ever have any questions!
Great content! Much needed thank you!
Thank you so much, can you do a video about packaging and Shipping please
Totally! We have a published video on that subject here: th-cam.com/video/RtygijqXsdE/w-d-xo.html
But we're also going to create a new video to add even more information on that topic. Stay tuned!
Which products do you sell?
Is it worth studying the Google digital marketing and e-commerce professional certificate just to gain the skills as a bonus at least for the job if it won't also teach you how to run an online e-commerce store? Then what Course on Coursera would they also teach me the guidance for running an online store and business if anyone is also looking for answers to the questions?
Great video! Thanks for sharing with us!
SKILLFUL AND INNOVATIVE
Great video as always. Thank you.
Thank you too!
Do you have video guides on opening and setting up an online store ?
A nice video for newcomers. your voice n pronouncition is also excellent.
I'm hooked on every word. I recently read a similar book, and I'm completely hooked on every word. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
Very useful and productive. I do appreciate for posting it on YT. Thanks
Cool content mèn🎉🎉🎉🎉.
Following from Kenya 🇰🇪🇰🇪🇰🇪🇰🇪
Thank you so much man!!! This really helped me get started with this!
You're welcome, Kylie! Glad to hear it helped.
This is the perfect information I needed now. Thank you sir. Please how can i download the template you spoke about? Is there a download link?
100%. Both links are in the description. But here they are for easy access:
► Business Plan Template: bit.ly/31TAzXG
► How to Build a Brand Template: bit.ly/2HS4sRt
@@learnwithshopify Thank you sir
Fantastic and easily digestible information. Thank you so much for this! :)
I really love this tutorial and it give me what to do on my ecommerce. Thanks for this. but i need a video on Klaviyo email marketing
Great job, it touched everything.
Thank you so much for watching!
Amazingly excellent 😍👏👏👏👌👌
This was insanely helpful 😬
Is there any alternative for Google keyword planner ?
Best learning video
Very helpful video.. Thank you so much for sharing 😊
Glad you found it helpful, Bivash!
How do you find a competitors market share without seeing financials? I never understand how small biz owners are expected to obtain this information if it's it's a private company? One can guess based on perception but what is the point if it's not accurate?
THANK YOU
Helpful and overwhelming....
Thank you exactly what's on my mind kinda sounds easy but not easily reached
absouitly insane keep moving
Great video! Can you please clarify on the 4.40 which tool do you recommend for the key-word research?
Hi there, Viktoria! Thanks for your question! The tool that is mentioned at that timestamp in the video is called 'Google Keyword Planner'. Google has loads of articles and support documents on the tool and how to best use it to do research into keywords that folks are entering all over the internet!
great content ,thank you so much
This is an absolute delight. I read a book with similar content, and it was an absolute delight. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
Thank you very much for so much great info,i got a question i would love to get answer please,is there diffrence if i start buisness from Europe or USA?I heard there are more obstacles from EU.Thanks for Great video and hope to get answer please.
Hi, there. Thank you for reaching out! Shopify is available to use in Europe the same as it is in the USA. As far as starting a business in Europe compared to the USA, we are not equipped to answer that, and it would be best to do some research into this. Please let me know if you have any further questions!
Thanks so much
This is very good information.
Hello good day..what if I’m not based in usa or even Europe , can I sell to USA and Canada consumers
Absolutely! You can sell world wide.
Thank you this is the information that I been lookinh for
well detailed.
Thank you for showing me the wisdom to learn
Glad to do so! 🎉
Are you currently starting an ecommerce business of your own?
Very very interesting information and Educational
This is GOLD
Great work unique knowledge video
Very knowledgeable good video content🎉
We're glad you enjoyed it!
Love it. Thanks
Link to Business plan is not working. You get email but there is no download for this plan.
What is defferint betuen Shopify and Ecommerce Business?
Hi, there! Shopify is the ecommerce service merchants use to run their stores (shopify.link/zJqV). If you're interested in learning more about Shopify I would definitely recommend checking out our Intro to Shopify (shopify.link/WJR) and Getting Started Guide (shopify.link/1Pan).
Hello sir
I will like to start e-commerce business in next 15 days
plz suggest me some product or categories which help me for good start and growth..
Hey, Gitajali! Great to hear that you're thinking of starting an ecommerce business!
Ultimately, what you sell will be up to you as every entrepreneur has their own journey with building and growing their own business. It's a good idea though, to sell something that you're passionate about so that it'll make it easier for you to market your products.
In saying this, you can check out our Shopify blog here: bit.ly/3DvPtUR, for some product ideas. Once you have an idea, you can follow the guide within this TH-cam video to start laying the foundation for your business!
Great information 👍🏼
Great idea.
Scalability issue with digital products..how?
Thant sir for this intresting video👍👍👍
Great info...
What's the link for the article about Crowdfunding?
Hi there! Could you give me the timestamp in the video for the article you're referring to? Once I have a little more information I can reach out to our TH-cam team and get that link for you.
7.57 minutes
Hey, Wesley. Thank you for clarifying the timestamp for the article! While we weren't able to find a link added in the description, you can find our article on crowdfunding right over here: 'How to Do Crowdfunding in 2022: With Expert Tips and Examples from Successful Campaigns' bit.ly/3MTtMBZ. Cheers!
Question for any aspiring entrepreneurs out there. What’s the biggest problem you are facing now in your e-commerce journey?
Did this work for anyone
Tanx bro
Really awesome content! Sub
Hi! Glad you liked it! Please let us know if you have any questions, we're happy to help. -Hyde
Sir, please tell me you have this info in paper form🤞🏾🤞🏾🤞🏾...You are a gem 💎🥰
Oops!! I should’ve waited. You provided the info. I’m watching and posting at the same time. Thank you so much for this video.
haha the link is in the description! I'm glad you found it. Really happy you found this video useful!!
Not enough info given when they explain how to identify competitors. It would be nice if they went into the detail of every point. This feels incomplete because of that.
let's use the principle of e-commerce in physical stores
I explain:
every store in the world is 1.0
in this store, products almost never change
and the owner chose the products
it is boring
now, there must be a new store 2.0
in this store, products always change
and people choose the products there will be via an app
on the app, there is a huge catalog, people choose the products that will show up in the store
the store is constantly being supplied with the products people choose
Thanks for knowledge please share your direct contact I am looking to open e-commerce website soon
💯💯💯💯
👍
ROBot
Watch at x1.5. Thank me later.
Are you talking or chewing chewing gum!?
Amazing
Just gonna dislike from the jump🥱
Fantastic and easily digestible information. Thank you so much for this! :)
Thanks for sharing your feedback, we appreciate it!💚