How do I start an online business?

Starting an eCommerce business is not difficult, but it does take time and for some business models, you may need money. Ultimately, you need the right information and then you must put it into action. Starting a real online business will not make you rich overnight, so having the right expectations is necessary to have a successful online business.

Do I need money to start a business?

It depends! There are business models such as print on demand, affiliate marketing, and dropshipping that require ZERO money for inventory and they are the best way to start an online business if you don’t have any money. However, if you have some money to invest, then you should consider arbitrage, wholesaling, or private label.

How profitable are these business models?

Well, the profit margins will depend on your business model, product niche, product size, shipping costs, and any referral fees if selling on a marketplace, like Amazon, Walmart, EBay, or Etsy (to name a few). Some profit margins for affiliate marketing, dropshipping, or arbitrage can be 5-20%; however, some business models such as private label products can have 30%-80% or higher profit margins!

Is starting an online business worth it?

Most definitely! If you’re looking to make a few hundred dollars a month for fun money, you need to pay the rent, or if you’re looking to replace your job and become an entrepreneur, we can help! Here at FBA Maxx we help you assess which business model is best for you and get you on the right path. We offer a FREE 30-minute consultation. Contact us now!

Who would my consultation be with?

Maggie is a 6-figure seller on Amazon and she had ZERO experience when she started selling on Amazon. In 2018, she made $24,000 in sales. In 2019, she made $97,000 in sales. In 2020, she made over $350,000 in sales with about 30% profit! In 2022 she expanded to Amazon.ca (Canada), Walmart, Etsy, EBay and branded websites and has a revenue over $550,000. Her goals for 2023 is $1 million in sales. She can help you grow an online business anywhere along your journey. Beginner or Advanced, contact her now for a FREE 30-minute consultation.