E-Commerce & Dropshipping Business Essentials

Jul 31, 2024

E-Commerce Business and Dropshipping Course - Starting a Business on Shop F in Pakistan

Course Objective

  • Starting a business with minimal investment
  • Providing practical training

Key Topics Included in the Course

  • Product Hunting
  • Product Sourcing
  • Store Creation
  • Account Creation
  • Partnership with Courier Company
  • Arrangement of Packaging Material
  • Marketing (on Meta and TikTok)

Definition of E-Commerce

  • The process of selling online
  • Processing orders through a website
  • Delivery by a courier company or drop shipper

Comparison of Shop F and Amazon

  • Shop F: A tool for creating websites
  • Amazon: Product listing and order processing
  • Lower risk of account suspension on Shop F
  • Company formation and bank account required for Amazon

Private Label and Wild Label

  • Wild Label: Same product sold by multiple sellers
  • Private Label: Selling under a single brand name

Types of Stores

  • Niche-Based Store: Products related to a specific category
  • General Store: Multiple and trending products

Advantages and Disadvantages of Dropshipping

Advantages

  • Start with less money
  • No need for bulk purchasing
  • Local competition

Disadvantages

  • Stock availability
  • Long shipping time
  • Lack of quality control

Investment and Budget

  • At least 300,000 PKR needed to start
  • Domain, store creation, packaging material, marketing budget
  • Ways to start with a low budget
  • Scaling and cash flow management

Customer Buying Experience

  • Product, ads, website
  • Unique and 'wow' factor items
  • Creative content and right audience
  • Website optimization

Conclusion

  • Emphasis on practical training
  • Hunting, sourcing, ads, and store creation
  • Feel free to ask any questions in the comments

Thank You

  • See you in the next video
  • Salaam Alaikum