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Andre Alonzo Chambers is a seasoned consultant, investor, and entrepreneur. Originally from Los Angeles, but now residing in Las Vegas where he began his first e-commerce site selling refurbished electronics, Andre Alonzo Chambers was able to build an annual sales business exceeding six figures without any previous experience with the e-commerce industry, he shares 5 tips for launching your first ecommerce business.<br>
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Andre Alonzo Chambers Andre Chambers is a seasoned consultant, investor, andentrepreneur.
5 Tips for Launching your First Ecommerce Business by Andre Alonzo Chambers Identifyahigh-potentialproduct. Lock down amanufacturer Comeupwithabrandnameand secureyouronlinepresence. Develop yourwebsite Figureoutyourfulfillmentand shipping
1. Identify a high-potential product There are several things you need to consider when deciding what your product of erring will be. You will want to find something that has a large global demand, high margins and can be easily warehoused and fulfil ed. Google Trends, eBay Top Products and Amazon Best Sellers are al great resources to help you identify hot products. For example, fidget spinners are currently the hottest products, with new websites selling them popping up daily. The earlier you can spot a trend, the belter your chance of turning it into a thriving online business .
2. Lock down a manufacturer You might have a great idea and an endless source of website traffic, but if your manufacturer can’t keep up with demand, you are dead in the water. Communication is key, especial y if you are contracting an overseas manufacturer that you identify through a resource like Alabama. When I was interviewing potential manufacturers for my teeth-whitening company, I started with dozens of companies. My initial inquiry to every one asked very specific questions.
3. Come up with a brand name and secure your online presence Yourbrandnameneedstobenotonlymemorableandappealingtoyour targetaudience,butitalsoneedstobeavailableintheformofadomain nameandsocialmediahandles.Isuggestgoingforthedot-comversion always,evenifyouhavetopayapremiumforitfromadomainflipper.
4. Develop your website I already had a website layout and logo concept sketchedout--Ididitontheflighthomefrom Hawaii.Then,Isentitovertooneofmyfreelance designersassoonasItoucheddownandwehad theentiredesignandlayoutfinalizedintwodays. IdecidedtouseWordPressandWooCommerce, butthereareotheroptionsavailable.Shopifyisa great choice for those who don’t have the technicalknow-howorbudgettocreateacustom website.
5. Figure out your fulfillment and shipping Youneedtodecideifyouaregoingtohandle theorderprocessingandfulfillmentin-house, and a lot of that has to do with the type of product you are selling. Some situations will requireadropshipbusinessmodel,whereyou actastheordertakerandathirdparty(orthe manufacturer) handles the fulfillment. If you aresellingsmalleritems,likephonecases,then in-housefulfillmentbecomesmucheasier.