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The 51Ƶ Blog>How to Start an Ecommerce Business Without a Budget

How to Start an Ecommerce Business Without a Budget

Posted by Max Komonov

Starting abusiness can beadaunting Իeven scary process. Noone wants toinvest their time Իmoney into something tothen see itfail. Itdefinitely isn’t fun tosee decades ofsavings reduced tonothing but afailed dream, orperhaps forsomeone totake out aloan orborrow money from afriend tothen beleft with debt Իzero funds topay itback with. Sometimes, it’s not even therisk factor that stops many from starting their own ecommerce business, but thefact that they lack thepossibility tosave orborrow thenecessary funds toget started.

Unfortunately, this isthestory ofmany aspiring entrepreneurs, some with great business ideas, who make thedecision togive upontheir dreams. For many, theidea ofhaving their own ecommerce store comes tofeel like nothing more than achildish whim.

But don’t get discouraged orscared away just yet! Because we’re here totell you it’s possible toget started without theneed forrisky investments oreven abig budget. Heck, maybe you don’t even need abudget atall! Well, tobemore precise, maybe all that you need tostart out isabudget of$50or—i wecan even consider this abudget when itcomes tostarting abusiness.

All businesses have different goals Իneeds, Իsorequire different budgets Իresources. But creating anonline store doesn’t always have tocost afortune. We’ve created asolution Իaplan fornew entrepreneurs like you tobuild anecommerce store with abudget lower than what ittakes toget afancy Starbucks coffee once aɱЯ, you read that right! Continue reading tofind out how tostart anecommerce store without abudget Իstart selling your products from anywhere. Weare almost certain you’d besurprised athow easy itcan be!

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Tips from e-commerce experts forsmall business owners Իaspiring entrepreneurs.
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How toBuild anEcommerce Business ԻStart Selling Online?

Launching anonline business can have many benefits Իperks like: noneed tospend money onrental space, less staff, Իtheflexibility toappeal Իmarket toawider audience. These alone already make online selling amuch more affordable alternative formany.

Thankfully, starting anonline store isn’t nearly asdifficult asitistostart abrick-and-mortar one. Nowadays, with thehelp oftheright tools, opening anonline business can bejust aseasy asopening aFacebook account. However, weare aware itcan bedaunting tomanage inventory levels, orders, offer safe Իsecure transactions, orsimply process returns. This iswhy ifyou want tosell online, you’d likely need your own website Իplatform tohost itԻtake care ofall ofthebehind-the-scenes.

The problem isthat itcan behard tofind areliable Իconvenient ecommerce platform that doesn’t charge high fees per sale. Fortunately, you’ve come totheright place. 51Ƶ doesn’t charge transaction fees Իprovides you with avariety offeatures that can beeasily added toyour store tohelp itgrow. With 51Ƶ, there isnoneed fornew entrepreneurs toworry about anytransaction fees getting intheway ofthem getting started.

This isexactly what we’ll becovering inthenext few sections: we’ll begoing over all ofthedifferent routes you can take Իsteps tofollow tostart selling online without abudget. We’ll also make sure togointo further detail onhow you can have your own website forzero tovery low monthly fees.

Choose Your Business Products ԻNiche

Before you even set upyour website, werecommend you have anidea oftheproduct category you’d like tofocus onoraniche you’d like toappeal to. Trust us, you don’t want toinvest aton ofmoney onadozen products tofill upyour inventory, without first having aniche orsome kind offocus. It’s impossible totry tosell toeveryone Իisalso very expensive totry tomarket aton ofdifferent product categories. Asyou niche down Իfocus onaspecific product oraudience, you’ll beable tobring your expenses down inadrastic way Իsee better results.

Consider choosing anindustry that requires little tonomoney toget started, agood example could becandles orhandmade items. Finding thebest industry foryou Իyour budget could beone ofthefirst steps tobecoming anaccomplished business owner. Wesuggest that you don’t take this step lightly. You can always check out inexpensive business ideas forsome guidance onwhere tostart.

Consider Dropshipping orPrint onDemand

Dropshipping isagreat option foraspiring entrepreneurs seeking tosell online without abudget. This business model doesn’t require you toinvest anything ininventory; all you need isawebsite tohost your products. Itbasically works bypromoting aproduct before you invest anymoney init; theproduct only gets paid once acustomer makes apurchase. Once anorder ismade, thesuppliers take their portion Իyou take yours. Check out .

The next popular option isprint ondemand. With print ondemand, there isalso noneed tobuy before making asale. With thehelp oftheright platform, you can host Իpromote your print-on-demand products tothen have theproducer benotified when someone makes apurchase. Just like dropshipping, nomoney isever charged until asale ismade.

Make Sure You Have aBusiness Plan

It’s practically impossible tobuild asuccessful ecommerce store without abusiness model orplan. Inorder tosell online, you’d need toset Իestablish long-term Իshort-term goals that will serve asapoint ofreference foryou along theway. Start with realistic ones that gohand-in-hand with your budget tokeep you motivated Իavoid feeling worn out ordiscouraged. Your business plan should also include thedifferent strategies you plan touse tomake them happen. Asyou learn more about ecommerce Իhow itworks, Իdetermine thebest practices Իstrategies foryour business, you should beable toslowly add bigger Իmore complex goals.

The key takeaway from this section isyou should always have adetailed Իthorough plan onhow you plan togrow your business before you get started. Don’t invest asingle dollar until you’ve accomplished this part oftheprocess. Thankfully, itdoesn’t cost much tolay out asolid business plan ormodel, Իanytime invested into itiswell worth it.

Set UpanEcommerce Site inLess Than 10Minutes

Once you have anidea oftheproducts you’d like tosell Իhow you plan tomarket them, thenext Իperhaps most important step istoopen anonline store. Anonline store will serve asthestorefront ofyour business, will help you create theonline presence necessary tomarket your business online, Իshould help you establish credibility.

You can set upanecommerce website with 51Ƶ injust afew easy steps. Weoffer avariety ofoptions Իresources fornew entrepreneurs toget started. Even ifyou have noweb design experience, you can still have asite ready inless than 10minutes. Depending onyour situation you can choose from one ofthese two options:

Plug 51Ƶ’s shopping cart into anexisting website

Ifyou already have awebsite but don’t have theoption tosell orprocess payments, orsimply desire tolook foramore robust Իsolid website presence, this will beyour best option. With our plugin function, you can easily integrate your 51Ƶ shopping cart into your existing website. This requires noadditional coding orcosts Իshould only take afew minutes. Once ready, you can start selling Իprocessing payments without anymonthly ortransaction fees.

Build anecommerce site

Your second option istobuild anonline store with our Instant Site Website Builder. Ifyou don’t have awebsite yet Իare looking foracost-effective Իeasy way toget started, werecommend you take alook atit.

You’ll receive awebsite, packed with exciting features Իpre-set themes that make creating your ecommerce website easy Իquick. You can add anyproduct photos ordescriptions you’d like. Inthecase that you’d like toadd more products toyour store, you can always take alook atour other plans.

Ultimately, whichever option you gowith, setting upanonline store with 51Ƶ can drastically reduce your business costs Իwork asagreat solution toget started without abudget.

Choose aDomain

The next part oftheprocess requires you tochoose adomain orsite name. Atfirst, this might sound complicated Իexpensive, but thereality is, depending onthedomain you choose, these can start aslow as$1per month. Ifyou already have adomain, there isnoneed tobuy anew one. You can connect your existing domain toyour new 51Ƶ store injust afew steps, Իshare itwith your family Իfriends. Click here tofind out .

Last but not least, you can always choose adomain later Իwork with thedefault one provided by51Ƶ. Your friends Իcustomers will beable tofind you just aseasily.

IsItPossible toStart anEcommerce Store Without aBudget?

Asyou can probably already see, itispossible tostart anecommerce store without abudget!

When weadd upeverything Իsee what itcosts tostart selling online with 51Ƶ, weget anumber ofless than $50. Weknow it’s hard tobelieve, but here are thesteps wewent through Իhow much can you expect each one tocost:

Ofcourse, there are afew other costs like business registration Իwebsite hosting, but these are typically not always necessary when you are just getting started. Overall, depending onyour specific goals Իbusiness plan, you can easily start your own ecommerce store without theneed tospend afortune. Weknow it’s possible because we’ve seen many ofour fellow sellers doit!

Are you ready tolaunch your ecommerce store Իstart selling online? Tell usmore about itinthecomments below, orreach out toour ڴǰԲܱپDzԲ.

About The Author
Max has been working in the ecommerce industry for the last six years helping brands to establish and level-up content marketing and SEO. Despite that, he has experience with entrepreneurship. He is a fiction writer in his free time.

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