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Thread 61073102

35 posts 4 images 15 unique posters /biz/
Anonymous (ID: 9kbkzZUU) No.61073102 >>61073126 >>61073425 >>61073496 >>61073924 >>61075070
What stops you from building and selling e-commerce businesses like picrel?
Anonymous (ID: 4eVY9X/h) No.61073112
How do I do it?
Anonymous (ID: V1ZGpP3f) No.61073126
>>61073102 (OP)
lack of effort
Anonymous (ID: 1JpQiRm7) No.61073425
>>61073102 (OP)
/biz/ was great for discussing such ventures 10 years ago but now it's all crypto NEETS (except for based /SMG/). I'm contemplating on building an e-coomerce shop for pet owners, y'know foods and toys and all sorts of weird items for this market, lets just say i think there gonna be a substantial growth in that sector especially with cat owners...
Anonymous (ID: Uq/KG3OS) No.61073496
>>61073102 (OP)
Sourcing and negotiating. I don't want to deal with any changs.
Anonymous (ID: +73KuSpa) No.61073517 >>61073523 >>61073753
If you buy any of these businesses, the monthly revenue/profit will immediately tank to $0 (worse, your profit will be well into the negatives) due to various dynamics such as change of ownership. People sell their businesses for a reason, they know they'll get a huge paycheck while the buyer gets saddled with the outdated bag that'll inevitably go out of business and wipe their net worth out completely.
Anonymous (ID: 9kbkzZUU) No.61073523
>>61073517
I'm not talking about buying these, but to build them from scratch, then sell.
Anonymous (ID: IHMWaSVu) No.61073700 >>61073706
Scalping just means getting scalped by someone with a lower cost basis
You wanna have a real Co you have to make something, no shortcuts
Anonymous (ID: 9kbkzZUU) No.61073706 >>61074020
>>61073700
From my understanding it mainly comes down to building systems and having better marketing as most products are the same anyway
Anonymous (ID: OJHxJUw+) No.61073753 >>61073770
>>61073517
Probably true but I once sold a smaller sized business like this and it was legit, the buyer actually drove it into the ground almost instantly then blamed me for scamming him. He broke the website and couldn't figure out how to get it functional again. I gave him step by step instructions and he still couldn't do it, then he complained to the business selling website and they banned me. I then offered to buy it back from him and never got a response. I actually still would like to own it, was pretty turnkey and I regret selling, plus it sucks seeing it as a completely dead company now. I could theoretically recreate it but it's a lot of time I don't have to start from scratch and no guarantees I get the same traffic.
Anonymous (ID: 9kbkzZUU) No.61073770 >>61073917
>>61073753
How did you initially build it? Just tried a bunch of ideas until one worked? Seems the most important thing is building some brand that stands out and having ads that target some problem with a clear solution
Anonymous (ID: OJHxJUw+) No.61073917 >>61073923 >>61073955
>>61073770
I tried responding but my post got marked as spam so going to respond in chunks hopefully and figure it out

I saw a niche where people were searching for something and it was nowhere to be found. I basically was a potential customer and then couldn't find what I was looking for, understood I was far from the only one looking for this thing, then built a business to offer it. Pretty standard business building 101, but if I am being honest I have had way more moments of smacking myself on the head after someone else does something going "holy shit how did I not see that and do it" than moments where I am first to the game. I have had a few other big light bulb moments but then found either (1) actually people are doing it, I just never noticed or (2) there are legal or other hurdles that make it really difficult and not worth the risk. Maybe I'm retarded but my take is being successful in business is all luck. You need product market fit and that's a ton of "right place, right time" and a million other things that need to go your way.

I tried several other similar concepts after I sold that one and they all bombed, but none of the others were as non-competitive and honestly SEO (and now GEO) is everything.
Anonymous (ID: OJHxJUw+) No.61073923 >>61073938 >>61073955
>>61073917
ok obviously getting marked as spam for talking about Bezos co, here's the rest:

As a Bezos seller my guess is reviews & conversion are what drive you to the top. Probably conversion for the Bezos picks since that's what is most important to them, but it's likely you don't get high conversion without at least decent reviews.
Anonymous (ID: B3b9AIK9) No.61073924 >>61073963
>>61073102 (OP)
This shit is an even bigger scam than crapto
Anonymous (ID: OJHxJUw+) No.61073938 >>61073955
>>61073923
actually it wasn't Amazon, was abbreviating "conversion" lel..

Probably return % also factors in to their algo.

I worked in e-commerce for many years (still do), so if you're trying to do an Amazon business it's going to be a lot of slow iterative testing on your merchandise pages to figure out how to maximize conversion, all while giving A+ customer service & selling an actually decent product.

You also need a product that's not hyper competitive which as far as I see is the biggest hurdle today. That said I have a cousin who sells stuff you can only get in Mexico to US Amazon buyers and he has found a few products that work. There might be something to that if you are a non US citizen and have access to certain goods that would be perceived as valuable and are tough to get in the US, though with tariffs now it could be a shit show.
Anonymous (ID: 9kbkzZUU) No.61073955 >>61074010
>>61073917
>>61073923
> being successful in business is all luck
Do you think it's a better chance and quicker to work than crypto? I tried both and lost money both ways besides btc (lost a ton on alts), but that doesn't provide cash flow compared to a business hence looking into ecom.
>>61073938
I was thinking of just hosting my own site, looking at what amazon sellers are doing wrong (seeing the 3 star reviews) and making a better brand touching on those pain points maybe at a premium targeting ads on places like tiktok instead of amazon search.
>You also need a product that's not hyper competitive
yeah, tons of best seller products sell above 1k but under 10k a month if you look niche enough. Seems easy enough to filter
Anonymous (ID: bAtz6Lq2) No.61073960 >>61073970
i am lazy
if i was not lazy
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Anonymous (ID: 9kbkzZUU) No.61073963
>>61073924
why's that? not disagreeing, just curious. With crypto I've only made money with BTC. I always held everything else too long, like link, pepe, apu etc. On paper I technically been up a few multiples but never a 10x+ like many people here claim is so easy. I was thinking with ecom at least I can keep trying and eventually get it down without risking too much money starting out
Anonymous (ID: 9kbkzZUU) No.61073970 >>61073983
>>61073960
making money is fun though. Rather work for myself long hours than any 9-5 taking orders. If you get it down you can live anywhere in the world and outsource most the work anyway, too
Anonymous (ID: bAtz6Lq2) No.61073983 >>61073995 >>61074005
>>61073970
too busy being addicted to alcohol and gooning and 4chan
Anonymous (ID: FV8sp6gA) No.61073995
>>61073983
no wonder the birthrate is collapsing
Anonymous (ID: 9kbkzZUU) No.61074005 >>61074177
>>61073983
yeah that's fun sometimes but being an npc like that fulltime would get boring quickly
Anonymous (ID: OJHxJUw+) No.61074010 >>61074059
>>61073955
Really anon at this point in my life I believe everything is "luck". Your dice roll started before you were born. Baseline you had no say in your genetic makeup, you have no say in how other people around you affected your brain in early childhood and these two things basically inform how your brain reacts to external stimuli which is all your "decisions" are - the brain is a reactive organ. It takes external stimuli in and then tells your body to do something. There is no actual "choice", you are programmed by things way outside of your control.

So what's better for you? I have no idea. My belief is you're going to do what you're going to do. Maybe reading this post shifts what that is.

If I try to think outside of this belief system, I think investments like stocks & crypto are way higher odds to make money with than starting a business, with much less stress. That said, capital is a limitation. If you have only $1 to start with, then starting a business is likely a quicker way to a certain amount of wealth. Once you have enough to invest, it becomes pointless to try to grind when the success rate for most entrepreneurs is quite low and the S&P is essentially up always.

Hosting your own site can work, see who else is doing it and what your SEO/GEO competition is. Use something like semrush to see what keyword volume is like so you know what the actual opportunity is that way.
Anonymous (ID: vu04fEFV) No.61074020
>>61073706
which is non-trivial. pick what you wanna sell and try selling it. if you want a better edge build a brand doing some white or private labeling.
Anonymous (ID: 9kbkzZUU) No.61074059 >>61074121
>>61074010
>Once you have enough to invest
Say you had $100k liquid and another 100k locked up in your 401k. What do you think is the higher probability route? I was thinking 25k for ecom because that would give me four tries.

Besides this my only other plan was buying btc in the bear market and continuing with my job, maybe making a bit of side money from selling music to stock sites, maybe building out a youtube for fun and hoping to win the content lottery etc. Only problem with that plan is it would likely take 10 years to change my life. With ecom it could replace my income in a year or two if lucky.
Anonymous (ID: ABsRpC3m) No.61074068 >>61075109
/biz/ only claim to business fame is shrimp and garloid farming
Anonymous (ID: OJHxJUw+) No.61074121
>>61074059
With $100k I'd just work a job and invest the $100k and continue to invest. When you get about $300k if you have a reasonable steady income you could theoretically buy a decent business getting you like $100-120k a year net/salary if you wanted to go that route. But idk, anon, whatever you invest in might shit itself, too. You need to just go with your gut and do your best.
Anonymous (ID: bAtz6Lq2) No.61074177 >>61074196
>>61074005
okay i get where you're coming from but just to be the devil's advocate
do the 9-5: free to do whatever the rest of the day
run a business - make money - spend your entire waking life working
(i guess if you like it that's fine, but if not, sucks afaik)
Anonymous (ID: 9kbkzZUU) No.61074196 >>61074199
>>61074177
Sure, for the first 1-3 years of a business. After that you're potentially set.
With a 9-5 it's like that for 30-50+ years. You have to ask permission from your boss even in your 60s if you can take a day off to see your grandkid's baseball game. Just sounds pathetic
Anonymous (ID: bAtz6Lq2) No.61074199
>>61074196
alright that's fair enough I will admit
Anonymous (ID: bAtz6Lq2) No.61075037
bump
Anonymous (ID: 2SzwPR8F) No.61075070 >>61075075 >>61075076
>>61073102 (OP)
these all have to be fraudulent right

"here let me sell you my money printer, it works trust me, I just don't need it anymore" yeah sounds legitimate, thanks
Anonymous (ID: bAtz6Lq2) No.61075075
>>61075070
what i heard they usually do is sell it when it's a dying niche and some fool buys it when it's on the downtrend/dying and is left with the bag in their hands
which sounds very familiar to here!
Anonymous (ID: 9kbkzZUU) No.61075076
>>61075070
why make 60k/month and deal with all that hassle when you can be done with it for 2.5M?
Anonymous (ID: P5+QTaD7) No.61075109
>>61074068
thought i was the only one who remembered indoor shrimp farming threads