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Вміст надано Kevin Whitsitt. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Kevin Whitsitt або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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Shopify Warning Flags!

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Manage episode 329870747 series 2152271
Вміст надано Kevin Whitsitt. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Kevin Whitsitt або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Click on the link below for the full blog post..

https://www.trustthelink.com/are-shopify-stores-legit-7-red-flags/

Maybe you have thought about opening a Shopify store and wondered if it’s worth it. You might also wonder what are the red flags that most people don't talk about, how much does the average Shopify store earn, and is it legit.

Shopify Stores can be Legit if you stick with it and think long-term. Just like almost every business. Shopify is a cloud-based software that allows someone to set up an online store.

It’s really dropshipping and you can really sell almost anything on the platform. Dropshipping is when someone goes to your website, pays you then you contact a supplier to have the item shipped to your customer.

You are really just the middle person. For the red flags, For starters, all the customer service is on your shoulders and unfortunately, the shipping is done by someone else, but you can take the blame for anything that happens. You also take the blame when shit goes right to. You are the front person. The bad news is that it does cost money to start, every business does.

There is a monthly fee to start it the cheapest is $29 to start and more bad news is you’re probably going to have to spend more money to upgrade. Plus, there is advertising which is a whole other topic. Also, Paypal and Shopify Payments don't like it if you drop ship too much because usually, someone will have to wait longer for their product, which can increase the chance of a chargeback.

A chargeback is a return of money to a payer of a transaction. Paypal and Shopify could then hold you responsible and penalize you. Another thing to think about is competition. It's easy for someone to come in and steal your winning product. Then they pump money behind it and your toast. They just have to outspend you in Ads.

In fact, Amazon does this with products. If they notice a product doing VERY well, they come in with big pockets and the other person can't compete. You can only have 3 options per product. It's also not easy to add custom fields such as you need additional information from a customer for a product.

If you want a bunch of sales data and you like to look at graphs you are going to have to pay extra for it. You might be wondering I'm not scared, how much does the average person make when they open a Shopify Store? Depending on who you ask the answer could be "you could" earn $100,000 a year or a $1,000,000.

Let's be brutally honest and most people start things and NEVER finish them. I'm going to go with the average Shopify store earning $0 a year. Not everything is doom and gloom with Shopify and there are some advantages to this business. I detailed them in a blog post you can check out by clicking on the link in the description or going to my website at trustthelink.com.

Also, talk about how Shopify is different than Affiliate marketing. And I go into more detail about the platform. Hope this was helpful, have a nice day.

  continue reading

296 епізодів

Artwork
iconПоширити
 
Manage episode 329870747 series 2152271
Вміст надано Kevin Whitsitt. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Kevin Whitsitt або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Click on the link below for the full blog post..

https://www.trustthelink.com/are-shopify-stores-legit-7-red-flags/

Maybe you have thought about opening a Shopify store and wondered if it’s worth it. You might also wonder what are the red flags that most people don't talk about, how much does the average Shopify store earn, and is it legit.

Shopify Stores can be Legit if you stick with it and think long-term. Just like almost every business. Shopify is a cloud-based software that allows someone to set up an online store.

It’s really dropshipping and you can really sell almost anything on the platform. Dropshipping is when someone goes to your website, pays you then you contact a supplier to have the item shipped to your customer.

You are really just the middle person. For the red flags, For starters, all the customer service is on your shoulders and unfortunately, the shipping is done by someone else, but you can take the blame for anything that happens. You also take the blame when shit goes right to. You are the front person. The bad news is that it does cost money to start, every business does.

There is a monthly fee to start it the cheapest is $29 to start and more bad news is you’re probably going to have to spend more money to upgrade. Plus, there is advertising which is a whole other topic. Also, Paypal and Shopify Payments don't like it if you drop ship too much because usually, someone will have to wait longer for their product, which can increase the chance of a chargeback.

A chargeback is a return of money to a payer of a transaction. Paypal and Shopify could then hold you responsible and penalize you. Another thing to think about is competition. It's easy for someone to come in and steal your winning product. Then they pump money behind it and your toast. They just have to outspend you in Ads.

In fact, Amazon does this with products. If they notice a product doing VERY well, they come in with big pockets and the other person can't compete. You can only have 3 options per product. It's also not easy to add custom fields such as you need additional information from a customer for a product.

If you want a bunch of sales data and you like to look at graphs you are going to have to pay extra for it. You might be wondering I'm not scared, how much does the average person make when they open a Shopify Store? Depending on who you ask the answer could be "you could" earn $100,000 a year or a $1,000,000.

Let's be brutally honest and most people start things and NEVER finish them. I'm going to go with the average Shopify store earning $0 a year. Not everything is doom and gloom with Shopify and there are some advantages to this business. I detailed them in a blog post you can check out by clicking on the link in the description or going to my website at trustthelink.com.

Also, talk about how Shopify is different than Affiliate marketing. And I go into more detail about the platform. Hope this was helpful, have a nice day.

  continue reading

296 епізодів

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