One of the best things about Shopify is how easy it is to get started. As long as you have some basic knowledge of how to use an ecommerce platform, you can get your online store up and running in minutes. It’s much easier and faster to move inventory online than it is in person or through physical marketplaces. It’s also less expensive, and there are no extra costs for hosting or printing shipping labels. Below I detailed five ways you can use Shopify to make money:
1. Build a Dropshipping Business.
2. Start Your Own Clothing Line.
3. Sell Your Art Online.
4. Become a Freelance Writer, Designer, or Developer.
5. Publish Your Own Book.
1. Build a Dropshipping Business:
Dropshipping is one of the easiest ways to start making money online. Instead of having to invest in inventory or even take on the risk of buying product ahead-of, all you do is find suppliers, add products to your website, and then make profit from each sale.
You can find suppliers directly from your Shopify admin panel, and then set up a stock management system where all sales are fulfilled by your supplier directly with no middle-man between you and the customer.
Drop Shipping VS Outsourcing Production:
The short answer is that drop shipping works better on some products than others. What works best for you will depend on what kind of product you’re selling, how much volume you can handle, and how much time you want to spend on the business. There are two main ways to run a clothing business online: drop shipping and outsourcing production.
The advantage of outsourcing is that it allows you to make more products without having to worry about buying more stock or managing the logistics.
The downside is that it takes a lot of time and money up-front, and even after spending all that money, you’re still going to be limited in how much you can sell. You’ll also need to work with designers and artists if you want something other than plain white t-shirts.
The advantage of dropshipping is that it’s faster, easier, and cheaper up-front.
2. Start Your Own Clothing Line:
Buying wholesale clothing and reselling it online is another great way for anyone with access to an industrial sewing machine – or who can sew well – to make some extra cash. You’ll need a Shopify store to sell your products from. You can also open a storefront on sites like Etsy, but Shopify will be your main source of sales.
You can source clothing from sites like AliExpress, or you can look on eBay and Amazon for clothing that you can buy in bulk. The ideal product will be something that either has a high price-per-wear, or something that sells well in volume but is not easily found online.
You should try to stick to wholesale prices for your resell products, but don’t cut too close to the bone – if a customer feels like they’re getting ripped off, they’ll take their business elsewhere. Pick the Right Products:
When you’re sourcing clothes to resell, think about the end-user. One of the best things you can do is to find something with a high price-per-wear. For example, a $50 t-shirt that only costs $1 per day for wearing it is going to be much better than a $10 shirt that ends up only getting worn once or twice.
Don’t forget about accessories either – if you find clothes that match well with your target audience’s existing wardrobe, they’ll be more likely to buy more than just one item.
3. Sell Your Art Online:
If you’re an artist, why not display and sell your artwork online? It’s really easy to take your artwork and turn it into a physical product that people can wear or hang on their walls.
It can also be a great way to get some attention for your artwork – there are always going to be people out there who don’t care much for art galleries, but they love purchasing art from places like Shopify or Etsy. You can also use print-on-demand services like Redbubble to sell your artwork as posters and t-shirts.
4. Become a Freelance Writer, Designer, or Developer:
Freelance work is one of the most flexible ways of making money online. If you have any skills in web development, design, or programming, you can make extra money by selling your services on Shopify.
You’ll need to spend some time building up a portfolio and getting some experience under your belt before you can start making much money from freelance work. The market is very competitive for custom design work, and pricing is often based on project completeness – so it’s not something you can just jump into cold.
Even if you don’t know much about technology, there are a lot of other things that you can sell online as a freelancer. For example, someone with an English degree and sales experience can make money doing market research for companies – all they have to do is look at different companies online and see what they’re doing well and what they could improve upon.
5. Publish Your Own Book:
Once you’ve spent the time making a full-length book, why not get your money’s worth and sell it on Shopify? The biggest advantage of publishing a book is that it will remain available for sale forever – even when you’re done promoting it.
However, the process of publishing and selling books can be very complex, so we recommend hiring an editor once you’re done writing it. Selling ebooks is also a great way to grow your moneymaking blog, or create a following in your niche.
If you’ve written a book that people will buy, why not get it listed on Amazon? The best way is to have someone else sell it for you via their affiliate links; either give them a percentage, or pay them per copy sold.
The bottom line:
Shopify allows customers to buy products directly from the store owners in an easy cart checkout. Shopify stated in their website that, “…anyone can start selling online with a better-looking store in minutes”. Anybody can start their business by signing up for free and using the ecommerce platform for taking orders, managing inventory and tracking sales with help of Shopify.
Shopify offers assistance in designing a professional online retailer for ecommerce entrepreneurs that are starting their business online with Shopify. They offer solutions like: custom domain names, SSL certificates for enhancing the security of transactions, custom themes for creating attractive and professional looking stores that help in promotions of businesses hence making it successful through exposure on social media platforms such as Facebook, Twitter etc.
You can take a look at successful businesses and seeing how they operate – Shopify has its own blog full of informative articles and great examples of things that are working well now.
There are so many different ways to take your internet store, and create something truly remarkable for your customers.