The question I get quite a bit is; am I too late to start an online business? Isn’t the market saturated? There are thousands of Amazon sellers, thousands of eBay sellers… surely there’s not room for me?
The answer is: You’re not too late! It’s actually the opposite! The demand has never been higher for businesses to supply products to customers through different online channels!
In this blog I talk mainly about Amazon FBA & eBay, but there are tons of different online marketplaces that you can win with starting TODAY! According to a recent study, in the first quarter of 2019. E-commerce spending was only 12.4% of all retail sales. (Source) Folks, this e-commerce thing is just getting started!
While we are ramping up for a record breaking 4th Quarter in 2019, let’s just say this: Everyone starts small when it comes to starting an e-commerce business. What is the difference maker for those who succeed, and those who don’t? You have to apply yourself, and learn the marketplace you’re serving. Whether it’s Amazon FBA, eBay, Mercari, Blog sites, etc. You have to learn how you serve that marketplace. Selling physical products is simply this, you’re providing a service to other people.
You are sourcing your inventory from retail stores, wholesalers, manufactures, etc and creating it at a price point that customers are willing to pay. This goes on every day, by the millions of dollars in the USA. When selling physical products online, that is what we do. We are serving others!
So back to the topic at hand, is it too late? Absolutely not. How will you know if this e-commerce idea is going to work for you? It doesn’t take a whole lot of money to start up an Amazon FBA business, and be profitable from Day 1. That’s why you’re here, you want to learn tips and tricks on how to get your e-commerce business launched. You can have all of the head knowledge, you can have all of the tools. But if you don’t apply yourself, and try, you’ll never become successful with e-commerce.
Let’s get started today with your e-commerce business. Because the market is needing YOU to help with the supply & demand in your own niches. It’s not to late to start!