Mika
VIP Contributor
A lot of people will tell you that creating your own online store is one of the best ways to make money. However, how true is this suggestion? In other words, can you actually make money from your online store? What does it take to make money from your online store?
If you want to build an online store, you need to spend money. Even when you are not using shopify which has high subscription fees, you still need to pay for domain and hosting
You also need a marketing budget because without running ads, you cannot build traffic and generate sales. You might have to spend at least $100 on ads every month. If you cannot generate sales to cover your advertising budget, you will be spending from your own pocket.
In order to generate sales you need traffic, if you depend only on ads, your cost will increase. You will have to use free traffic sources like SEO, but SEO is a hard nut to crack.
If you want to build an online store, you need to spend money. Even when you are not using shopify which has high subscription fees, you still need to pay for domain and hosting
You also need a marketing budget because without running ads, you cannot build traffic and generate sales. You might have to spend at least $100 on ads every month. If you cannot generate sales to cover your advertising budget, you will be spending from your own pocket.
In order to generate sales you need traffic, if you depend only on ads, your cost will increase. You will have to use free traffic sources like SEO, but SEO is a hard nut to crack.