How to easily create an online store.
How can you turn your domain name into an ecommerce store and sell it? Our guest today, Caroline Balinska, explains how to find products to sell, how to set up your online store on Shopify, and drive consumers to it. Then, learn how you can sell your ecommerce site on an exchange similar to Flippa. Download Caroline’s guide here.
Also: Domain investor arrested, GDPR, Donuts invests in a former DNW Podcast guest, easier .Travel, and more.
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It’s important to remember that it shows GROSS sales, NOT NET profit. So a store could show 1.2 million in sales but only have a net profit of $1,000, less, or even a negative net profit!
Why people would buy from a drop shiping store when they can buy the same thing on amazon/ebay/walmart etc….
I just don’t get it… It is a good business model for shopify lol