Do you want to be your own boss and earn money from the comfort of your own home? Then, quit your 8 hour day job.
Have the freedom to work from anywhere, at any time, if you like to start your E-commerce dropshipping journey and break into the online store sector.
Start your business venture today!
But, how should you do it?
The trick to launching a successful side-hustle that can scale into a viable business is to read this article until the end.
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So, let’s start!
How to Quit Your 8-hour Job for Good?
The trick to launching a successful side-hustle that can grow into a large enough business to allow you to quit your day job is to consider the following four factors:
- Having a well-defined business goal is essential.
- Master of time management
- Recognize that you will get out of what you put in.
- Always treat your side gig as if it were a full-time job.
In the end, you’ll have to do what full-time entrepreneurs do in half the time until you quit your full-time job. However, it does not have to be as hard as it seems, and it is possible to do.
This year can be your lucky year if you have the right attitude, a well-crafted business plan, good time management, and have a clear vision.
It is the year to grow and start a dropshipping business so you can finally quit your 9-5 job and become the e-commerce entrepreneur you have always wanted to be.
And you are capable of doing so! We have faith in you.
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5 Great Tips to Creating an Online Store
Step 1: Determine Your Niche
Before you do anything else, decide on a niche for your online business.
But here’s the thing:
If you’re not interested in the high-paying niches, don’t pursue them. To truly succeed in e-commerce, you must be passionate about the Niche in which you are selling. It is especially essential when starting a sideline business, where enthusiasm is even more significant within a specific time.
Strike a balance between what is profitable, what you can become an authority in (what you know a lot about and where you can add value), and where you are most comfortable putting in the extra hours.
Why should you pick your Niche first, then your products?
Because it will offer you a better idea of who your target audience will be, and the product popularity fluctuates, focusing your business on a niche rather than a product will help you stay in business for the long term.
Step 2: Find Products
The next step is to select your dropshipping products. In your Niche, what are you going to sell? Will you be producing your products, developing digital goods, or dropshipping?
It’s crucial to consider this before you start developing your store because it will ensure that you build it around the products and your target audience so you can start selling your products.
There are various products you want to sell and produce online, ranging from bath bombs to online courses. If you don’t have time to build your own, consider dropshipping through sites.
Step 3: Selecting a Platform
The next step is to select an e-commerce platform. Yes, a budget is necessary, and as we all know, money is scarce at first.
However, consider the long term and select the platform that
- you are most comfortable with and
- is best suited to help you develop your business.
Platforms for online stores can be hosted or downloaded.
Hosted systems, such as Shopify, are all-in-one platforms where you pay a single monthly cost for a hosted website that you may customize with themes and app add-ons.
It is a popular option for aspiring e-commerce businesses searching for a single solution that requires little technical knowledge.
Downloadable platforms are for individuals who desire more control over their online store. WooCommerce is the best example of this type.
Although the plug-in is essentially free, you will need to purchase a domain and hosting separately to set up a dropshipping store. You need to invest a little extra time and money in building your store.
Step 4: Create a Marketing Strategy and Budget
It’s time to put together your marketing budget after you know what you’re selling, who you’re trying to sell it to, and how you’ll do it.
Yes, beginning an online business is costly. But as the adage goes, you must spend a small amount to earn more money.
E-commerce is no exception. That isn’t to imply you have to start with a large amount of money. Start with tiny budgets and scale up the ones that work while eliminating the ones that don’t.
Here’s a checklist of items any new E-commerce business should include in their marketing strategy:
- Email marketing is a type of marketing that involves sending emails to online store owners. Email marketing is one of the most cost-efficient and effective marketing methods available. When you’re first starting, you can get away with using free email marketing tools and writing your emails, which will cost you nothing but your time. Abandoned cart emails, for example, are an example of automated emails.
- AdWords. SEO takes time to establish; for immediate traffic, you’ll need to use search ads.
- Facebook and Google AdWords dominate paid traffic. AdWords will send you traffic based on keywords, and Facebook will send you traffic based on your interests. Both offer excellent returns on investment (return on investment).
- Content Marketing Strategy. It’s critical to have video and blog content to establish yourself as an authority in your field. Start small by writing one or two posts per month and gradually.
Step 5: Put Everything on Automation
The last step is to automate as much as possible of your business. Building a successful online business that will eventually allow you to quit your 9-5 job takes time and perseverance.
You may save specific admin time by using scheduling and automation technologies.
There are various tools out there designed to make an E-commerce entrepreneur’s life easier, from batch scheduling Facebook posts to using programs like Traffic Booster to run and optimize your AdWords campaigns for you.
Here are a few resources to get you going to increase your content marketing efforts.
- Use IFTTT to automate your administration and connect all of your apps.
- Oberlo allows you to instantly import copy, photos, and product information from AliExpress to your store.
- AdWords advertising traffic booster.
- Product Reviews Add-on a review-gathering automation tool.
- Email automation with MailChimp.
Remove the human touch from your online store by scheduling or automating it. Personalization is a significant e-commerce trend this year. So segment your mailing lists, respond in person wherever possible, and give the idea that you’re dealing with people rather than a machine.
5 Ways to Streamline Your E-commerce Business So You Can Quit Working an 8-hour job
1. Check your attitude regularly
It takes dedication and hard work to start your own business, especially if you do it as a side hustle before quitting your day job. There will be days when you feel like giving up, and your motivation fails you. It is part of the course, and remember that this, too, shall pass.
Regularly checking your attitude will help you stay positive while also ensuring that you pleasantly deal with customers regardless of how horrible your day has been.
Follow the great names on Facebook, have actionable material, and join the best E-commerce Facebook groups to keep your motivation fueled.
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2. Start Small, Think Big
Think again if you expect to wake up to tens of thousands of sales the next day. It’s a marathon, not a sprint, to build a solid online business. Take it one step at a time, gradually growing your company.
Just because you’re starting small doesn’t mean you can’t dream big. Whether it is SEO or product selection, everything you do will contribute to your long-term business goals. So do it slowly and steadily, but keep your eye on the prize: being a full-time business owner.
Setting small goals and breaking down your to-do list into fewer activities can also help you feel less overwhelmed while starting your business after hours, building the groundwork for when you go full-time.
Scheduling time for things is critical, especially if you’re a chronic procrastinator. It’s even more vital when you have the stuff to accomplish and a short amount of time to complete it. Use tools like Trello to help you organize your chores and make them more manageable.
4. Know When It is Time to Outsource
It is when you must be completely honest with yourself and ask yourself the following two questions:
- What areas of my skills do I need to improve?
- What is the value of my time?
You will get too busy or realize that you cannot afford to do everything yourself as your business grows. The point is that you can’t be good at everything, and as your workload increases, so finish everything well enough to bring in those sales.
Outsourcing is the solution. Use the suggested automation apps, hire a content writer, use UGC as social media content, and find sales funnel experts and copywriters to free up your time to focus on what you’re good at.
Remember why you’re starting your own business and asking your full-time job to stop whining! Maintain your concentration and keep your eyes focused on the reward.
Dropshipping is a business model that can help you get high profit margins with a few hours of work per day and it doesn’t require a huge investment. Yes, it will be challenging at first, and it will take up your evenings and weekends. But it is more rewarding once you have more patience and focus.
Then, keep your eye on the prize to stay motivated, and remember to come back every week for new insights to help you establish your ideal online business and effectively ship products with quality customer service and low shipping costs.
So, how do you get started with an E-commerce business? Well, we highly recommend Specter E-commerce as your best and effective source of success. Specter E-commerce is an incredible learning platform where you can learn more about E-commerce businesses like Dropshipping.
If you are a student or a fresher, go to Lorraine Chen’s site, sign up, choose your course, and start learning. There are many different courses to pick from, but most are related to E-commerce and Digital Marketing.
And if you are an experienced pro, you can take advantage of professional skill training and network with local experts with Lorraine Chen.
We’d love to hear from you if you have any suggestions or questions. Contact us, check your inbox, and you’ll be receiving something from us soon.