Foundra
Retail

How to Start a E-Commerce Business

An e-commerce business sells physical or digital products online through a website or marketplace. E-commerce ranges from dropshipping and print-on-demand to manufacturing your own products. The barrier to entry is low, but competition is intense.

How to get started

1. Choose a niche and validate demand by researching what people are searching for and buying

2. Source or create your product - decide between dropshipping, private label, or handmade

3. Set up your online store using Shopify, WooCommerce, or a marketplace like Amazon/Etsy

4. Drive traffic through SEO, social media, or paid ads

5. Focus on repeat customers and email marketing - acquisition costs are high

Key metrics to track

Revenue

Average Order Value (AOV)

Customer Acquisition Cost (CAC)

Return Rate

Conversion Rate

Common mistakes to avoid

- Choosing a product based on what you like instead of what sells

- Spending all budget on inventory before validating demand

- Ignoring shipping costs and return rates in margin calculations

- Competing on price instead of brand or experience

- Not building an email list from day one

Startup costs

Expect to invest $500 to $25,000 to get started.

- Website/platform fees: $30 - $300/month

- Initial inventory: $500 - $15,000

- Branding and photography: $200 - $3,000

- Marketing and ads: $500 - $5,000/month

- Packaging and shipping supplies: $100 - $1,000

Time to revenue: 1-3 months with dropshipping, 3-6 months with own inventory

Funding options

Bootstrapping

Small business loans

Crowdfunding

Personal savings

Frequently asked questions

Related business types

Related resources

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