Exactly How I'd Build A New Ecommerce Business In 2024 (Full Guide)

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If you're thinking about starting an ecommerce business this year, it's important to have a plan in place to ensure that you are successful. The world of ecommerce is constantly changing so in this video I'll walk you through the exact steps I would take if I were to start an online store this year.
Tools Mentioned
Jungle Scout - mywifequitherjob.com/go/jungl...
Shopify - mywifequitherjob.com/go/shopi...
Big Commerce - mywifequitherjob.com/go/bigco...
Shift4Shop - mywifequitherjob.com/go/3dcar...
Klaviyo - mywifequitherjob.com/go/klavi...
Postscript - mywifequitherjob.com/go/posts...
0:00 Intro
1:40 Step 1: Finding A Product
2:57 Step 2: Finding A Supplier
4:45 Step 3: Validate Your Product
6:09 Step 4: List Your Product On Amazon
7:48 Step 5: Starting Our Own Website
9:24 Step 6: Implementing Email Marketing
11:14 Step 7: Content Creation
12:55 Step 8: Advertising
13:47 Step 9: Focusing On Your Best Customers
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[@mywifequitherjob]

If you enjoyed this video, then sign up for my FREE ecommerce mini course - mywifequitherjob.com/free

[@desertedenblooms]

EXCELLENT! NEW SUB HERE! Thank you for getting to the point, staying on point ...its a bit fast for me but so what I ll just watch again a few times. Dont forget some us are new or everything changed from what we knew, so its all a bit over whelming at times. Be Blessed, Be Well and Be Free!

[@jellybeanABCDE]

You’re full of bluff

[@mywifequitherjob]

@@jellybeanABCDE what am I bluffing about? This isn't poker:)

[@sshoegirl30004]

9:33

[@stargazeronesixseven]

🙏 Thank You So Much , you're one of the kindest eCommerce tutor out there in our chaotic world right now! Many Happy Good Blessings in Return to Teacher! 🌷🌿🌍💜🕊

[@dmmurray9422]

These vids are so clear, and realistic. So many gurus out there with dated ideas, and bad advise. So glad I found this guy, learning more each time. Ecommers beware, most the gurus are washed up and broke. Stay here and learn.

[@EnablingEcom]

Walking viewers through the exact steps is fantastic! This makes it easy for beginners to understand the process.

[@jaycho2277]

Hey Steve always appreciate all the info and tips you give out that I can implement in my business.

[@christmeis]

Wow - you make my head steam... I totally admire your dedication and discipline.

[@MadDogLabFit]

Thank You so Much for these videos, I have watched several in a row. I just started my online business and thirst for knowledge on longevity and how to build my business from the ground up

[@nursejennypresentstoughmam1707]

You are a genius! Love your videos! Amazing content and you don't bash competitors.

[@JairoFuentes]

I love your content. Thanks!

[@iStyqe]

Thanks Steve. You're great!

[@LATOHOUSTON]

So knowledgeable and straight forward.

[@amirwilliams8413]

Hi Steve, this video is very helpful. After a long time I have found someone sharing truthful content from his heart, it has become rare. Please keep up the good work. Be blessed.

[@leroybrown505]

Great Video I subscribed, this video pretty much read my mind and is what im doing. I had a shopify drop ship store with nothing but items from aliexpress. Sales were coming in but it takes to long for shipping and is a short term business plan. Covid came and stopped my sales on the shipment. I decided to design some of my own products and going to sell though wordpress and woo commerce. My main focus is a long term domestic store.

[@puremustang732]

Love your videos mate. Hope one day i will start to actually use all this fantastic information 🙏 still work on some ideas.

[@joaquinh5523]

Great stuff!

[@badchunky1]

Super clear and helpful. Subscribed!

[@kaylanmichelle_]

That’s all the audience is looking for!! I’m sick of seeing the fake business gurus with their weird looking sad, disappointed, or shocked faces. Annoying!! So glad to see genuine business people not trying to bs you. Shut up and take my money!!!

[@mdooms76]

The algorithm is the enemy when it comes to trying to advertise on social media. You can have the best videos, post daily and they are never seen.

[@yesitstkm]

Really good vid! 👏🏾

[@brianhenson6141]

Yes this was a lot of content in a short amount of time, this is of course is short summary of what steve teaches in his free 3 day and 5 day mini courses as well as all his KZbin videos, and wow what youtuber tells you how much they are making just making a short video like this!!?, it's just to show us all the possible ways to make more money. Way to go steve 👏 👍 your the man!!

[@mywifequitherjob]

Thanks Brian!

[@ibexkid8002]

Thanks❤

[@we_ecomm_guru]

According to research completed by eMarketer and Statista, online retail sales will reach $6.51 trillion by 2023, with eCommerce websites taking up 22.3% of total retail sales. Business-to-business (B2B) eCommerce also shows continuous growth in 2022. Tips for starting an ecommerce store Forget about year one profitability. Know your target audience. Sell an in-demand product. Experiment with marketing and advertising. Invest in outreach and link building

[@la8573]

thank you

[@mywifequitherjob]

You're welcome

[@meditationstorytime]

Great content Steve! I'm saving up for your course as my brother and I are designing our products and I will need your expertise on how to launch.

[@mywifequitherjob]

Looking forward to it

[@Kingco245]

Your contents are always elaborate and cover a lot. Hey I want to move in Amazon selling, and I have been doing my research to know if the e-commerce selling is it for me. I’m just confused as to why Amazon sellers usually create content on KZbin. How does this promote the business exactly?

[@lasora]

Hi Steve, thank you for your videos. The business model you suggest is suitable in the US, does it work the same if you are based in a European country?

[@meminnieandthegang.2076]

I take this gits advice. He uses specifically current data and he is safe at his approach

[@Vlad-Andrei_]

leve you

[@ronwashington1226]

How many samples should you start with?

[@andyhau6455]

Would help about how to hire sourcing for my products? I just starting my own brand and need

[@lizaspring3813]

Thanks, Steve. Amazing information. I chose a product that needs manufacturing depending on my design. Could you be a source agent?

[@shawnpan9248]

hello，Liza，I am a freight forwarder from China, my name is Shawn, and I have been specialized in freight forwarding for more than 10 years，any questions about import and shipping you can ask me😃

[@AwesomeK285]

Does your kids’ business has their own EIN business tax number? I’m interested to encourage my kids to start theirs. Thank you for your sharing.

[@andyhau6455]

How to hire sourcing agents?

[@InfoHubZA]

Please kindly talk about starting an e-marketplace next time.

[@yoga1yoga1]

I don’t understand how to partner with Amazon dropship ping from alibaba

[@ctackett9510]

With your courses being a couple years old through your mini course, they conflict with recent videos.

[@IanHamby]

I want to start a simple tshirt business, but I am so overwhelmed and mortified at the idea of failing. Money is so tight and I can't afford to mess up. But we need more money badly, and I feel like I need to catch lightning in a bottle or go bankrupt. I suppose you don't have the time or inclination to coach a wannabe with meager drawing skills and a wish.

[@OGTyInfinite]

You’re setting yourself up to fail. You will not “catch lightning in a bottle” if that’s what you’re aiming to do. You need to take a step back and breathe first.

[@khublam]

Do you have to worry about suppliers ripping off your product? If it were an electronic for example.

[@shawnpan9248]

hello，friend，I am a freight forwarder from China, my name is Shawn, and I have been specialized in freight forwarding for more than 10 years，any questions about import and shipping you can ask me😃

[@mtmt9899]

I appreciate your insights. But you make assumptions that selling on Amazon will likely generate a profit, which then can be used to build a brand outside Amazon. I have been doing exactly what you said in this video. My monthly Amazon sales revenue is over 10k and I sell over 500 units/month. However Amazon took ALL (I mean ALL) of the sales revenue and some. The cost of selling on Amazon is very high. It’s extremely competitive to sell on Amazon if you are an USA seller. It’s hard to compete with the Chinese sellers nowadays. I made it to the top 100 in my niche but what I’ve achieve so far is to completely lose 500+ units of product per month for several months now in exchange for being at position 70-100 on the top 100 list. It’s important for ppl who are considering to start a private label to know the hard truth, not just the upside potential.

[@mywifequitherjob]

That means that your margins are not good enough to be selling on there. Either that or your listing or value props need work. There are many variables

[@mtmt9899]

Over 90% of the top sellers in my niche are Chinese. My product is made in China. My margin is negative after PPC.

[@mtmt9899]

But I’m building a brand outside Amazon and have been able to rank a few low search volume yet highly relevant keywords to number 2, 3, and 4 on Google page 1. 🎉

[@paullucas6581]

Great video. One question: when you talk about ordering a "small batch of products to test the market," (<a href="#" class="seekto" data-time="244">4:04</a>) how many would a "small batch" be? Would this be an amount equal to the MOQ or something smaller?

[@mywifequitherjob]

It depends on the supplier but as few as possible. Usually like 200 units

[@makhfaouimeriame126]

Hi, does it mean those samples can also be tested as FBA on Amazon ?

[@Tacticalsquid]

I found my first product yesterday I wanted to sell on Amazon but when i go to sell it, it has me ask for permission to sell. If I were to private label that product from the manufacturer, would i then be able to sell it as my own since technically it isnt being sold on Amazon? Just trying to think of ways to pass this hurdle.

[@mywifequitherjob]

Yes. You can sell it on your own website. Amazon has certain gated categories

[@Tacticalsquid]

@@mywifequitherjob Oh ok, its just weird that its gated since its in a home & kitchen category. So even if I have my own UPC I still cant sell it?

[@mywifequitherjob]

@@Tacticalsquid that's strange. What is the product?

[@Tacticalsquid]

@@mywifequitherjob ASIN is B0BMVHMC59. I have been looking up tons of products and every single one of them is making me apply to sell. I cant find anything without an application requirement. Thanks for your help.

[@jaycho2277]

@@Tacticalsquid if your a new seller most brands will be gated in the beginning you just need to request approval for most brands and you will find that you will get approval on some right away. If you were to PL the same or similar item like the ASIN you mentioned you can definitely create a new listing and make an active listing without a problem just under brand you might have to put it under generic brand or you can request to use your own brand name even without UPC. Happy selling from a fellow amazon wholesaler 🙂

[@ashokseebaruth]

✔

[@sshoegirl30004]

<a href="#" class="seekto" data-time="498">8:18</a>

[@onestopfunstop317]

Sell $100k on Amazon. Take home $40 per week.

[@mywifequitherjob]

This video isn't about selling on Amazon but you'll achieve the numbers in your comment if you have no idea what you are doing.

[@sidiqrehman]

How to get hold of you sir ??

[@mywifequitherjob]

Sign up for my mini course at mywifequitherjob.com/free and hit reply to the first email

[@shawnpan9248]

hello，saddiq，I am a freight forwarder from China, my name is Shawn, and I have been specialized in freight forwarding for more than 10 years，any questions about import and shipping you can ask me😃

[@sidiqrehman]

@@shawnpan9248 I am new to online want to start online please help me or tips to get started so I don’t do many mistakes … Would like to learn from your experience

[@meowchat6175]

I'm into furballs that I collect on my couch everyday. Can I sell these for money?

[@mywifequitherjob]

Only if your clients are cats

[@temitopeakinwumi4585]

@@mywifequitherjob 😂

[@StavrosTheCurious]

Hi, I love your videos but I ahave to say I am a little confused. On your latest video you are somehow pushing away people from selling on Amazon (outdated). Here it seems that you are supporting it. Which one is it?

[@mywifequitherjob]

I'm pushing people away from depending on Amazon for all of their revenue. Not pushing people away from Amazon.

[@StavrosTheCurious]

@@mywifequitherjob I see. maybe I misunderstood it. Thanks for your reply

[@josephqadire5878]

Hi , I gave you my email so I can have your mini course but the problem is now you asking for my phone number !!? Why can’t you just email it ? Why do you need more information ? I don’t know about other people but I don’t recommend giving away phone number .

[@mywifequitherjob]

What are you talking about? The course is via email

[@aireoko]

​@@mywifequitherjob when you click the link in the bio and get your email, we see "Click the image below to shoot me a text message and I'll send you the following bonus lesson via SMS text message directly to your phone!"

[@YasinNabi]

“Success is peace of mind, which is a direct result of self-satisfaction in knowing you made the effort to become the best of which you are capable.” -John Wooden-.[

[@ash-wd6zk]

Để xây dựng một doanh nghiệp thương mại điện tử mới trong một thời gian ngắn, tôi đã sử dụng trình duyệt MoreLogin để giúp tôi quản lý nhiều tài khoản thương mại điện tử