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14 Oct, 13 tweets, 3 min read
10 Threads That’ll Teach You How To Start Your First Ecommerce Business:

Bookmark this thread:
Top 4 eCommerce Ideas that you can start and make Money Fast

The 6 ways I made Big Money and how you can do the same

The best way you can create your own Private Label E-commerce Store

My favourite tools I used to Grow my 7 figure Businesses

The 5 steps to Starting a Profitable Online Business with $0

The steps I took to start two 7 Figure Businesses while Balancing Working Full Time with 2 Kids

How you can make Big Money with the Biggest Retail Market in the World

Grow your own Private Label Store with 5 Simple Steps

4 Profitable E-com Ideas that anyone can get started with

My 6 favourite Systems That will Scale your Online Business

Thanks for reading!

Follow me if you want to learn more about eCommerce, online business and financial freedom.
Want to start your own ecom brand?

One that pays you 6-7 figures a month?

Join my free 6 day mini course and have one running within a week!

P.S.

It's free 😉

mywifequitherjob.com/how-to-open-an…

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More from @mywifequit

Steve Chou Profile picture
9 Oct
eCommerce is Predicted to have 2.14 billion Global Buyers by the End of the Year

Are you still looking to get into E-com?

Here are 8 E-com Business models that will save you time and money

//THREAD//
The E-com model you choose comes down to one thing:

Risk vs Reward

Models can be:

>Easy to start but hard to profit
>Hard to start but can be extremely profitable
This thread rates each model based on the:

1) Profit velocity
2) Ease of launch
3) Level of competition
4) Sustainability and risk

Learn how to make the right decision in this thread:
Read 28 tweets
Steve Chou Profile picture
6 Oct
8 figure brands are made with E-commerce Private Labels

Here are 5 steps to building your very own custom label to make big money

//THREAD//
Do you want to start your own eCom brand?

Here are the two options:

-Invest in product development
-Private labelling

Private labelling lets you build your custom brand with pre-existing products
Private label saves you:

>Time
>Effort
>Money

Here are 5 easy steps to breakdown the process:
Read 11 tweets
Steve Chou Profile picture
30 Sep
Wondering how you can master e-com?

One of the best ways is to start your own private label store

Here are 5 steps to scale your online business

//THREAD//
How can you start an e-com business?

You have two options:

1. Invest in product development
2. Private labelling

Private label is my favorite

It saves:

-Time
-Effort
-Money

It’s the way to go

Here is how you can get started:
Step 1: Pick a Niche & Product

The more niched down, the better

Choose a market that interests you

Or choose one that you’re familiar with

If you’re reading this, you might have a great social media following

That can be your niche
Read 11 tweets
Steve Chou Profile picture
25 Sep
14 years ago, my wife and I quit our jobs

We chose eCommerce as our next adventure

Fast forward to 2021 and we own two 7-figure online businesses

Do you want to do the same?

Here are 4 profitable eCommerce business ideas that you can get started with

//THREAD//
Business 1: Dropshipping

One of the classic ways to make money online

How it works:

Dropship products form wholesalers
Sell them at higher margins on your website

You use your marketing to sell someone else’s product
Positives:

-No inventory
-Low startup cost
-You don’t handle fulfilment

Negatives:

-Saturated
-Fulfilment issues
-Low-profit margins (only 10%-30%)

Dropshipping is a great risk free starter to eCommerce
Read 9 tweets
Steve Chou Profile picture
23 Sep
I built a blog and ecommerce from 0 to 7-figure businesses

Here are the systems I used to scale both of them

And how you can use them to grow your business too

//THREAD//
1. Storm on Demand

A web hosting service for shopping carts

Most hosted platforms charge $500 for everything you host

Storm costs $50 and gives you great customer support.
2. Shopify

You probably guessed this one…

Shopify is a well known e-commerce platform

I use a modified version of OSCommerce but you should start with Shopify.
Read 8 tweets
Steve Chou Profile picture
7 Aug
MYTH: You need $1000's to start an online business.

TRUTH: You can do it with less than $10.

Here's how YOU can start a T-shirt business with just $3

(and start making sales immediately)👇

//THREAD//
Step 1: Decide On A Niche

Before you do anything else,

You need to decide on a niche.

(this is probably the most important step in the whole process!)

Figure out your ideal customer and base your designs around that.

Use this to solidify a customer avatar👇
Step 2: Validate Your Designs

Biggest upside of starting a T-shirt company?

It's cheap + requires no cost of goods (usually).

So,

You can validate your niche without risking any money.
Read 18 tweets

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