Because almost everything can be bought directly from China and it doesn't make sense to pay a premium just for branding when the brands are also manufacturing and shipping from China. Considering CAC is getting more expensive, are profit margins even sustainable in the long run? Plus competition from 100 other DTC stores selling the same thing
As the business environment and economy can vary drastically from one area to the next. That being said, if you're thinking of starting an ecommerce business, there are a few things to keep in mind:
1. Make sure you have a good product - If your products aren't good enough, no amount of marketing will help them sell. Make sure you're always testing and tweaking your products to make sure they're of the highest quality possible.
2. Be prepared for a long haul - Starting an ecommerce business is definitely not a quick fix - it's going to take a lot of hard work and dedication over time to see any real growth. Don't expect things to be easy from the get-go - it will take patience and perseverance on your part.
3. Get organized and stay on top of things - Running an ecommerce business requires a lot of diligence and organization - make sure you have everything under control from start to finish so that everything runs smoothly.
Whether or not starting an ecommerce business is right for you is ultimately up to you - but these tips should help get you started in the right direction!
Answered 2 years ago
Brother, in terms of my modest experience And the world is developing day by day. I tell you that any business will succeed if you successfully invest your time and heart in it. Money does not matter, I know people who started their projects with only few money And the project, the website, is a new and purposeful idea because it has no limits, and it has freedom and diversity of customers or browsers, as well as various services, and that will greatly increase your income, so I advise you to start your project, but with caution and slowly.
Answered 2 years ago
Yes! It is still a good time to get into ecommerce. The online space is still expected to grow over the next 5-10 years. One thing ti clarify is that EVERYTHING comes from overseas. From Target to Walmart, the vast majority of items are not made in america. But we all by from these places. WHY? Because of the brand. We trust these brands. They due their due diligence on product quality, have a clean store, a great return policy. This is why someone will always by from a branded ecommerce store than Ali Express. Hope that helps!
Answered a year ago