How to earn the first 1000 dollars in your online store

 
How to earn the first 1000 dollars in your online store

How to earn the first 1000 dollars in your online store

    Before you win a million dollars, you have to win tens of thousands of dollars, and before you win tens of thousands of dollars, you have to think about how you will win the first thousand dollars.

    The world of e-commerce is a limitless world and many people in the Arab world have been able to make huge profits in the millions and sometimes even billions! Did you know that the volume of online payments in Arab countries was 21 billion dollars in 2014 and is expected to reach 35 billion dollars in 2020, according to a study by Payfort, one of the world's leading online payment gateways Arab. Like other industries, e-commerce has principles and rules. If you follow these rules and insist on success, God willing, you will achieve your goals.

    In this article, you'll apply some basic and simple rules to achieve the first goal of your e-commerce journey, which is to earn the first $1,000 from your online store.

    The first step: setting the goal, which in this case is a profit of $1,000 in one month

    The second step: share the goal, i. H Determine the number of sales needed to achieve this goal. For example, if you earn an average of $50 with every product you sell through your website, that means you need to sell at least 20 products to make your desired profit of $1,000.

    The third step: determine the number of customers you need, that is, the number of customers you need to reach the goal. In this case, we assume that a customer buys only one product. If you need 20 customers to reach the goal

    Step Four: Initiate Marketing to Reach Target Number of Customers

     And to get the desired profit, and to achieve this, you need to start marketing and promoting your products through the well-known marketing channels on the Internet, which are search engines, the most important of which are Google and social networks. The most important of these are Facebook and Twitter. Of course, since this example is about earning the first thousand dollars, we are assuming that your page is not currently receiving any visits from the target customers and that you do not yet have any fans or followers of your page on Facebook, Twitter or Google. +, that is, the way to start your business and publish advertising. Like any other business, you need to promote your products and of course we advertise on the internet because it has many advantages, it's easy, it's easy and you get fast results.

    In order to start the advertising campaign, we must first determine the budget needed for advertising. As mentioned before, we need 20 customers to reach the goal. In this example, let's assume that to get the 20 customers with 1% of your site visitors, we need to enter 2000 people on the site or 2000 visits. Buying the service is a bit of pessimism, but expect the worst and hope for the best. The cost of advertising on the Internet is calculated according to the number of visits made, the so-called Pay Per Click or Pay Per Visit and the costs are calculated according to the so-called Cost Per Click or Cost per Visit