How to Build an Ecommerce Business in 2024 [FROM $0-$1M]
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- เผยแพร่เมื่อ 29 ก.ย. 2024
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Thinking of building a successful online business in 2024? In this video, I'm diving deep into how to build an ecommerce business from scratch, taking you from $0 to over $1M. Whether you've dabbled in shopify dropshipping or are a complete newbie, this guide has something for everyone.
Starting with the basics, I'll delve into dropshipping for beginners, shedding light on how to start dropshipping and initiating a flourishing dropshipping business. Wondering how to begin with no capital? I've got you covered on dropshipping with no money. For those who aim high, I'll introduce you to the realm of high ticket dropshipping, revealing lucrative high ticket dropshipping niches and revealing where to find trustworthy high ticket dropshipping suppliers.
But it's not just about sourcing; it's also about selecting the right dropshipping products. I'll share secrets on how to find winning products that can make you millions of dollars online. For those leaning towards Shopify, I'll give a detailed dropshipping tutorial specifically tailored for dropshipping shopify.
By the end of this video, you'll have a holistic understanding of the ecommerce landscape in 2024, and you'll be equipped with actionable steps on how to start a dropshipping business or a broader ecommerce business. If you want to tap into the booming world of online business, especially dropshipping and ecommerce, watch this video.
Your tips on finding the right niche are spot on.
Whoever watching this video and is taking this route you are on the right route
Thank you
Did u do it ?
@@JasonY02 take a leap of faith and try it out man
@@TronsOdyssey I want to now. But not sure on the products to add
I pray I make it 🙏
bro can you teach me personally pls.
I live in india
521 Casper Lakes
Jaeden Path
Do i need a certificate to do e-commerce?
NO ALL YOU NEED IS A MIND AND KNOWING HOW TO USE IT IN AN USEFULL WAY THATS IT.
Jesus loves you all repent!
Amen
good bless
No thanks
😂
Amen ❤
Repent and believe in Jesus Christ
all these videos are low quality. they ALL know thet the most valuable video would be to sit down , set up an ecommerce ecosystem from scratch while they record it and explain while they do the things that you need to think of and how they are aligned to the ecosystem purpose until you reach the final step. No one will do that and no one will ever do that. WHY? Because they do not want to show you that. They want to sell you the persuation and perspective of that and get you buy their products/services/subcribe etc...
spot on.
That make sense, I give 400$ to my brother and he pay for a plan that give u a lot of information that u can get by yourself 😓
So how can we really study e-commerce building?
Selling expensive products why people will buy from some random website instead of buying directly from brand website?
maybe they dont know about the brand website
Don't sell wellknown expensive brands.
If you have to ask this you aren’t ready his brand is literally one of the biggest in the US
You are a competitor in their market yes you compete become of value and they buy you so you get your cash value of youre business and they take it you go make another and put a portion into real estate 🙄
alot of suppliers do not retail their products themselves, they rely on people like us :)
Why does none of these mfs talk about getting a business license
Do you need one
Depends on where you are! Read on your local laws. In Canada, you do not need one if you are the sole owner. You can file it as additional income in personal tax. You can choose to register it as a sole propreitorship if you want or partnership if its 2 of you (you need. license if it is 2 of you) or as an incorporation (company)
Hey Brook - guess my message was auto-deleted. I was just asking, how many of your sales when you first got started were actually through phone or live chat? I've had two sales so far, and neither of them required any before-sale communication. However, I've been having a bunch of abandoned checkouts, and I'm speculating that people simply don't trust the store - especially when we're competing against stupid big companies like home depot. I'm starting to understand why stores like northernsaunas try to get people to call as much as possible (through locking discounts behind calls, e.g "Fall sale, call: number") because that gives them a chance to establish trust and actually close the sale. Do you recommend us smaller stores taking this approach, especially since we have no reviews and really no credibility to our names in the beginning? Thanks for the insane value. Hopefully I can join the incubator soon.
Good questions I would like to hear his thoughts on this as well.
@@JB-ko4rp I've tried asking a couple of other people, and the answer was yes. It makes sense why big stores do this; it's way easier to establish trust over the phone and close the sale right then and there, than trying to do that over livechat or email. I've had a bunch of abandoned checkouts, and sometimes it's been due to price and I was not available to give a discount aside from the typical $100 off as it was midnight, so they went with a competitor. [extra painful when you see their review on the competitor's site] If I had given an incentive for them to call earlier (i.e call number for up to x amount off), they would've called me and I possibly would have been able to close the sale much earlier in the day. So yeah, I think it makes a lot of sense to do the work that other people aren't willing to do and establish bonds with customers over the phone.
How is your business going now?
Hi G, I identified abandoned checkouts is because of lack of customer service. I manage to make a chatbot where it appears after a customer checkout that reduce 30% of my abandoned checkouts and 24% increase of conversion rate. It's not because of trust.
@@HannahCoziCorner Going great now thanks to God. Just put my head down and been working all day every day on the store. For abandoned checkouts, you ideally want to call them as soon as they abandon. I’ve texted many people for abandoned checkouts and I close many of them, but because there are stricter laws around texting, emailing helps if you can’t call for some reason (but you should be calling)
I don’t get many abandoned checkouts anymore as I kept adding reviews, judgeme badges, improved my theme, slapped my phone number everywhere, etc.
Regarding locking discounts behind phone, to be honest this isn’t necessary. You should at least lock discounts behind email pop ups, though, so you can get leads and remarket to them via email. But put your phone number EVERYWHERE. Make it massive on your header. Put it all over your product pages, etc.
Also joining a mentorship will help you a lot. I’d recommend a smaller mentorship where it’s clear the person in charge will be helping you 1-on-1. You won’t only be joining a mentorship, but you’ll be joining a network and connect with others doing 40k/mo, 100k/mo, 250k/mo etc.
Hey man great value from this video, i have a simple question. Should i scrap my current store with products that has a average price of $500 and make a new one with products with a more adequate price point of > $2000?
Thanks in advance.
It depends man. Margins, how the store is currently doing, etc.
I'd prefer to sell more expensive products simply out of convenience but anything can work.
Thank you brother, ill keep this in mind..@@Brookhiddink
Whats the catch to helping people? Can you help someone start from 0?
So after hearing this I ended up having a confusing question in my head, what does dropshipping and ecommerce does not have in common, or in another rephrase is dropshipping same as ecommerce or not?
E-commerce is simply just “online business”. The “E” being electronic, and commerce just being business. Dropshipping is probably the most common form of eccommerce. But there’s also clothing brands, freelance brand scaling, etc.
$0 to $1M - sounds ambitious, but achievable with the right strategy! This video sounds like a must-watch for anyone considering ecommerce in 2024.
Thanks ChatGPT.
I have only 4 thousand dollar 💰! What can I do now?
Hey, I really enjoyed this video and how it was broken up, I was just left wondering how the order fulfillment and shipping take place.
I will need you to mentor me for a month!! How do I get in contact with you?
This video was below mid
This guy 😂😂
This video was incredible insightful ! . I mean the in depth analysis from seller to consumer and the thought process behind every action is great to see. I enjoyed when you broke down the funneling method too. its going to help me for sure as im still trying to get my business in motion. Much love and respect. keep these videos coming ! 💯
How’s your business going after 3 months? I’m thinking of starting
This looks AI
@@Alessandro-g2z lol my comment ? I’m flattered
imo I feel like gaming computers would be a good buisness because the lack of console game exclusives that are being made nowadays, the only thing you would really want to buy rn is spiderman 2 for the ps5, the rest are better on pc.
Perez Ruth Davis Elizabeth Taylor Robert
I’m still confused
Thompson Donna Perez Donald Hall Eric
Sound all theory to me. Opening account with supplier hmmm
Swear on my son they put a anti e commerce as on this vid😂
Please I need basic tutorial on this e-commerce? I’m tired of being unemployed and no money
If You still don't have first income and Unemployed, You already know the answer get a Job first and start working.
can anybody confirm that this stuff actually works.
of course, some of the biggest brands used this business model when they were starting out. i can’t convince you though so you’re going to have to try yourself.
Dude. Slow down!
I often think this. Warp 10 speach
Finally a video I don´t zone out while watching. Thanks!
Glad you enjoyed!
bro your a literal life changer, no like seriously literally
are you actually literally serious?
I have a Doubt guys
Could yall help me ?
I wanna really start a Store in Saudi Arabia
But it says that we gotta have a Ecom Buisness License to start a Store
But can we use an Indian Payment Gateway so that its not like selling in India????
Hello dear, to start an ecommerce business might require an LLC but do you know there is a way we can put it to and it will be very easier? Ask me how.
Dear sir I will create Any Business E-commerce site
Bayer Junctions
Finding a suplier is easy
Find a suplier click brands and make a spreadsheet....so after youve found supplier.
Lets just forget i skipped this part.
So this is the guy sending massage chair spam emails
I couldn’t keep up , he talks way too fast for me. 😂
Just watch it in playback x0.75
Won't happen overnight. Be prepared to spend a lot of time and effort building your brand. Your exit or site value will not be worth anything unless you can show real monthly profit. Multiply that profit by 24 months to get your sites true value.
Everything you suggest in this video is literally a tool that does it for you, lol. Siri, build me a business, and now!
Bro makes his money with TH-cam trying to look professional
Kirlin Meadow
How much should I raise the price compared to the price when I bought it?
Mertz Ramp
Very cool! Almost 100% accurate on each individual channels. ❤
So basically other people allow you to sell their products on your website? I’m very dumb to this decided to educate myself
How much does this whole process cost ?
Would you like to have profitable shopidy dropshipping store as mine? Reply to my comment for better discussion
Would it be possible for you to go more indepth on how to get suppliers
Greetings global friends! I'm DigitalEdge Marketing, a Digital Marketer representing the vibrant landscape of Pakistan. Across diverse cultures and borders, I specialize in Pakistan, weaving digital narratives that resonate universally. Excited to collaborate and bring your brand to new heights worldwide.📢🚨👀
great advice but why fake a live call?
It was a live call. It's called a replay.
Not a difficult concept lol
@@Brookhiddink just wornder why fake it tf
Thank you for The content 🇧🇷 the algoritm suggest to me, I really like
Can someone help me get started I tried everything
You speak to fast. How can we take action and learn.
Pfannerstill Highway
i stumbled upon your channel recently, and I must say, I'm thoroughly impressed by the quality of your content. Your delivery is clear and engaging, making complex concepts easy to understand. I'm looking forward to diving into more of your videos and learning from your expertise
How to contact you for business purpose ?
Hey Brook, you are the best, I am curious, from the 6M revenue you made with selling saunas, would you say that at least 10% was a net profit or more like 20%?
it does not matter anon
can you do this with multiple items on the same website, as long as the companies all agree to it?
Great video!
how do you get the company to agree to work with you d oyou just reach out to them and ask
E-commerce sites can make a lot of money. What ate your thoughts on adding specific product videos and live chat support?
Did he say what kind of profit margins are expected for high ticket products? I don’t see how I can get 1000 dollars profit on these expensive products already
He’s suggesting that you just make the sales for the product… basically the company sends the product straight to the customer and you get a small percentage from the sale
i want to set my ECommerce business
Hello
did you start?
Agustina Junctions
Anyone knows a koala inspector for Magento based websites?
I really want to learn more
Not much people know about the website
Hermann Island
O'Reilly Knolls
Steuber Glens
Jonathan Haven
Crist Row
5737 Marlin Plains
If the company allows us to take their products and sell them on Shopify and if some one order it then what is the process to send it to them
Same Question.. if u know something lemme know plzz..
It's very easy for the buyers to receive their products since the ecommerce business is a dropshipping busses 😊😊 so the dropshipping platform will be the one to fulfill the orders on the dropshipping platform. Would you mind to have a better discussion by replying to my comment
@@Vivianjames30 can I get your instagram to continue this conversation
That's what the Shopify businesses take care of. They will order the product and ship it using one of the thousands of options to ship it out
Is there any contact information?
How much money would I need to start it up?
How to sign and start Please ??
@dejen1560
Have you got started now
Please do a video on how to find suppliers and how to close them. I am stuck
I’m the drop shipping supplier ❤
@@mambaforever2988 can I have your email please how do I reach out to you? Also what’s your product name and what does it do?
So what you are saying is to find a product in a category which is already filled and thereafter trying to further fill a gap which is already there, i mean its more luck thsn anything else unless you are willing to spend thousands of dollars for ads
exactly 😍 it’s like letting fate do its job. this business model gives you what you deserve.
you are the best men! big thank you for this video
Chat gpt says it can’t help with that now what
I love this 👑 Thanks A Billion
I have a question
I am struggling to find products, anyone have suggestions
Products you would use yourself
How can i start i am 14
"You wanna...
Please reply me brother Tik tok ban in India how i do organic dropshhiping with tik tok i am confused 😢😢 i am broke young man age 22years old i have no money please reply which platform i use for organic dropshhiping 😢😢😢
you can use VPN
@@top1000gadgets bro VPN allow to watch tik tok only not upload tik tok video
Yes
shopify!
thanks for the tips this is awesome
🐐
How can I learn? Thanks.
Watch a bunch of videos, read books, brainstorm
do you have a video on closing those deals with suppliers and tips
can is till do this if i am 13?
Yes
How would I find "sellers" on my phone whenever I search for a product. I have been scrolling down and haven't seen any sellers?
🤦🏽♂️ do youre research more you got sites for that come on
How do you partner with brands to sell their high ticket products?
If you don’t already have a well established brand yourself aka just starting out…
Can you make or do you have a video on how to find the supplier & a method to follow - to contact and secure them? This seems like a crucial part I’m lacking clarity on. Thank you!!
Hi Brook, thanks for sharing, this video is great and useful for a starter like me. It would be great if you could reply me the name for the website builder url, it was webflow? webload? Couldn't find the right one, thanks!
Hello I do you want to create a shopify store for financial indi
Dear sir I will create Any Business E-commerce site
Hey, I'm 16 I have no phone and no money. My dad is 200 thousand dollars in debt, my parents wont let me get a job, and all i want is to become successful enough to pay my parents debt off and never have to work a 9-5. I will do whatever it takes and i will not fail but i have no clue where to start because i have no money. My parents are no help. Can you please help me?
I will say first of all, its not your responsibility to help your parents with their debt, in the business of making money you will need a certain mindset, maybe a couple years in the future you could help your parents if you work your ass off with the right mindset, dont expect it to happen overnight unless you win the lottery.
@@dfrogstrup8476 Ive solved that problem now G, i joined the real world.
Aye join an cartel bud👍🏾
read building a millionaire mindset by john wimbrey and get started
Kid I highly advise you to focus on your studies now. Growing your own online business is risky and it´s better to first ensure what you call a 9 to 5 job or a proper job. Once you´re secure, try starting a business as a side hustle. If it works that´ll be good and you´ll quit your job, but if it doesn´t, you´re all good cuz you took precautions.
Hello mate,
Can we create a cooperation,
I have e shoping in Oman country in Arab gulf,,,