Question:

How much money do i need for an online store?

by  |  earlier

0 LIKES UnLike

For the products, how much money will i need to start? I am selling replica brand name shoes

Products are about 10-35$ each (i dont know how much i need and need to know)

Thank you.

 Tags:

   Report

2 ANSWERS


  1. Does the company you're getting the replica shoes from drop ship to your customers?  If so then you wont need to purchase any products up front.

    Do you have an online store already? If not check out Yahoo Merchant Solutions.

    This site http://smallbusiness-host.com/yahoo1/ has aggregated the very best prices and special offers for all the Yahoo Small Business products; $1.99 domain names for new customers, 35% off Yahoo Web Hosting and E-Commerce plans, and $50 in free ads from Yahoo! Search Marketing.


  2. It's difficult to say exactly how much you will need. It depends a lot on how you advertise your site and how well it can convert viewers into buyers.

    At first try to have only a handful of items in stock and try to reduce the time to get more to handle the demand. If you don't have a particular ordered item on stock, always notify the buyer of the delay. Usually, if they want the item, they will have no problem waiting a couple of days more.

    If you buy a large stock upfront, and the store doesn't perform  as well as expected, you will have a lot a shoes (and money) stalled.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.