![]() It is very easy and relatively cheap to start an online store however, the difficult part is making good earnings from it. ![]() It's also possible for you to outsource all of the inventory, packaging, and shipping duties. Or you can choose to sell your products through third-party websites like Shopify, eBay, Amazon, or even Instagram. You can sell products from a business website of your own creation. You simply open up an online shop and operate it from the comfort of your own home or office. Here you don't need to lease a commercial space or purchase everything that goes with that type of venture. Online stores are great options for new low-cost businesses. Just be sure to do your proper research and find a product that you are genuinely interested in. This business can be done for $10,000 however, it may take some time to properly plan it and get it up and running. If you have established an impressive community of followers online quickly, you can attempt to sell your product directly online too. Put the prime focus of your business model on sourcing and importing. Pro-tip, first, you should try to focus on wholesaling your product to online retailers or brick-and-mortar retailers. They also need to be able to clear customs with your product.Īfter you get a good sense of your operations costs, you can then set a firm price on your products. Once you have a supplier, you need to find a company that can ship your product back and forth. If you are importing, you need a supplier for your product. Now you can market your product(s) to a wide swath of the public.įrom this point, things get slightly more complicated as you must choose where you want to sell your product if you are going to import one to sell domestically or export one to sell somewhere else. Try to gain as many followers and friends as possible on your social media platforms. These accounts should link to your website and vice versa. You can arrange your website for sales, and you should also start multiple social media accounts for your import/export business. You need to be an expert on this product type.įor marketing purposes, you can start a website and maybe a blog. You should immerse yourself in as much research about that product or type of product as you can. Determine what you want to import or export this should be one product or at least one type of product, and dedicate your business to it. The internet makes setting up an import/export business pretty simple. It also works the other way around of course, if there are goods or products here in the United States that you think could sell abroad, you can start an import/export business that way as well. Here are some details on these three businesses and more that you can start for 10K dollars:ĭo you travel abroad and find interesting items that you wish you could find in the United States? If so, you could buy those items in bulk and sell them with an import/export business. You can start an import/export business, an online store, or a framing business, for 10K dollars.
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