Seeking Expert Advice: Best Ecommerce Business Model & Platform for $3000 Budget

[emilylou97]

Caution: Expert Opinion Required!
I have learnt Amazon PL, have plans to start ecommerce business with limited budget like $3000. Kindly guide which business model (among PL, wholesale, dropshipping etc) is most suitable with higher profit probability and at what platform (among amazon, shopify, etsy, ebay, walmart)?

 

[joyfulspirit68]

Which marketplace do yo want to start your business in?

 

[janie83]

Daraz is the best in this Budget...

 

[charlie_emmanuel]

You can start Wholesale PL if you have strong budget, if you start with 3$K YOU CAN Go with OA
In which marketplace do you want to start your business?

 

[emilylou97]

I'm open to any marketplace whatsoever suit my budget with less risk and more profit probability.

 

[kustererdgaf]

Consider starting with Private Label (PL) on Amazon for higher profit potential with your $3000 budget. Amazon provides a vast customer base. As you gain experience and capital, you can explore other platforms or business models.

 

[katyajames]

You should go with Shopify local e-commerce.

 

[jen9417]

IS SUGGEST YOU TO ONLINE ARBITRAGE ON AMAZON ITS GIVES YOU GOOD PROFIT AMAZON IS TRUSTED AND INTERNATIONAL PLATFORM

 

[delightfulkatie]

Shopify and TikTok are recommended for this budget

 

[mimsy]

In which marketplace you wanna start your business?

 

[artistofmysoul]

You can start Tiktok shop or you can also start online arbitage
Lets discuss Further

 

[ariuna]

#wholesale

 

[getreal7]

In which marketplace you want to start business?

 

[irit]

Start Walmart within your budget .
Do you have LLC?

 

[eonaturaleza]

Shopify is the best choice in this budget

 

[yc11]

Ws and Shopify is suitable in this budget. Lets break down the budget.
Around $600 to $700 for your company formation, address, certifications/permits.fintech wallet,amz account.
2:rest will be consumed for the inventory.
3: expect 10% to 15% initially for fresh accounts. Bigger the budget means Handsome profit margins this cycle works gradually because you need to create Seller history initially.
Shopify.
1 Shopify has 3 months Trial version which is around $1. Then it will charge according to the plans.
2: white labeling or dropshiping both are doable. This budget has ideal in US,Uk,Saudi.
4: marketing, SMA,or TiktokAds, SEO, Around $50 or above to generate traffic to you store.
Consumption of the budget in Shopify/web is accordingly to the application of the Marketing, inventory Shipping, packaging, user end Shipments.

 

[linsey]

Amazon FBA PL model is longterm and profitable business model

 

[tytiiiore]

Shopify DS recommended

 

[davideff]

wholesale fba

 

[greatgranny65]

YOU CAN GO FOR ONLINE ARBITRAGE WITH THIS BUDGET. THEN, AFTER SOME TIME CHANGE IT TO HYBRID AND START WHOLESALE