07/09/2023
HOW TO MAKE MONEY ONLINE WITH ECOMMERCE AND BANK 10K, 20K OR 30K DAILY.
In my previous post, I listed ecommerce as one of the 5 proven ways to make money online!
Trust me it is a millionaire maker once you understand how it works!!
If you're looking for a business model Guaranteed to give you a daily Income, then consider E-commerce.
Ecommerce is the process of selling physical Products online with digital marketing techniques!!
There are variations of ecommerce such as :
Mini Importation : importing items from foreign countries and reselling locally
Local Arbitrage / dropshipping : getting items from local suppliers or importers and reselling online at a higher margin.
Now there is a variation of ecommerce which is an absolute money spinner, because it deals with only the sales of hot selling products, it doesn't matter whether it is imported or sourced locally.
it is different from the system where instagram sellers have to dance and act funny to make sales or sell common products like shoes and bags with high competition, making it difficult to make sales.
These hot selling products are usually unique and scarce such that it allows for a really high profit margin when being resold.
Profit on one item could get as high as 10k, 20k, 30k, or even 50k.
This is why it is super profitable.
Ecommerce is a no fail business model because physical products are always In demand and definitely generates daily orders and Income.
Imagine having a product with a 20k profit margin and getting just two orders daily, that's a profit of
40k
In 30 days you could make upto N1,200,000.
Ecommerce is for you if you want to become your own boss and ofcourse it is the perfect side hustle for you if you work 9 to 5 but want to first test the waters of entrepreneurship, run an online business along side your job and make some good money before eventually quitting your job.
Anybody can get into ecommerce and here are some of the benefits:
âś…you don't not need any special skills, it is beginner friendly
âś…neither do you need a lot of capital.
âś… You don't have to show your face on social media
âś… You won't even have to invest in products upfront
âś…Products are tangible and unique, therefore you don't need a lot of preaching and convincing to make sales.
You can run ecommerce both as a side hustle or a full time business
Here are the exact steps to get started.
âś…Find a hot product (of course this covers the sourcing and product testing stage) (For beginners it is ideal to source locally and not import yet)
âś…Find a supplier or multiple suppliers for the product for a very affordable rate then add your profit which is usually upto 500%
âś…Create a one page sales page for the product
âś…Set up a facebook advertising system that takes buyers through the sales page and then into your lists or an order page.
âś…Take the order and either get the products from your local supplier and have them delivered or pay the supplier to deliver directly to your customer and you keep your profit.
This business model is guaranteed to pay you atleast 10k to 30k daily if properly set up.
Among the many benefits of ecommerce, one of the best for me is that you won't have to show your face or post anything on social media, so you can bank millions without dancing or shaking anything.
You just keep taking orders from your ads, cashing out And no one knows exactly what you do.
The only downside is you must be ready to deal with deliveries, returns and customer service, but beyond all these, it is a money spinner.
You don't need a physical office, it is run solely on the internet with your digital devices and your location doesn't matter, however you must learn the business model indepth, to make profit.and avoid mistakes.
You only need to take a little training which will cover:
📌How to source for products and the top suppliers for hotselling products.
📌How to set up your funnels and sales pages
📌How to set up your ads to be highly converting
📌How to do your deliveries nationwide without stress.
Then afterwards you're smiling to the bank daily.
Ecommerce can yield results In as little as 30 days!!!
Kenny who started in July was able to make 240k by the end of August and that's more than 3 times his 70k salary as an accountant
I hope this gave you an overview of how you can start an ecommerce business , feel free to ask questions in the comments.
If you would like me to recommend a detailed Ecommerce program to teach you the business model comment or send a DM.