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In this video, I'll answer all of the most commonly asked questions about selling physical products online and running your own e-commerce store including the questions that most people won't give you a straight answer on.
0:00 Intro
0:53 Choose The Right Business Model 3 Choices
1:21 Dropshipping
2:19 Selling Other People's Products
3:12 Selling Your Own Private Label Products
4:20 Start-Up Costs
5:25 How Long Does It Take To Make Money With An Online Store Or E-commerce Business?
6:14 Does E-commerce Require A Sellers Permit And Business License?
6:43 Can This Business Model Be Automated And Do I Have To Ever Touch Inventory?
7:19 Where Can You Find Suppliers For Your Online Store?
10:22 How Do You Pay Your Suppliers?
11:04 Where To Find Products To Sell Online
11:47 Is E-commerce A Good Business Model For 2024
12:04 Whether You Should Start Off Dropshipping Or Starting Your Own Private Label Brand
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If you’d like to talk, I’d love to hear from you. Tweeting @mywifequit directly will be the quickest way to get a response, but if your question is very long, feel free to email me at steve@mywifequitherjob.com.
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