You can make extra money from a Southend Online Shop either as a your main business activity, side hustle or craft hobby, This could be the basis or ecommerce extension of your a profitable and fulfilling future business. Selling other people’s products, it easier than selling your own, otherwise you’ll hit a minefield of compliance and certification.
Many people who sell products via an online shop do this via eBay, Amazon, or Etsy. There are others but these are the 3 biggies. While these platforms are great and set the benchmark, there are some serious downsides to putting all your sales through these platforms. Get a Southend Online Shop.
Once you’re set up selling and established these big ecommerce platforms that don’t advertise the painful facts of their 40% to 70% sales and marketing fees, that are deducted at source from your earnings.
If you sell £1000 worth of goods, you think ‘great I’ve made a grand!’ Sorry not the case. By the time you manage to decipher the accountants figures, (or your own analysis spreadsheet), you’ll find you’ll be left with only £300. This may prove quite expensive if not disastrous to many small businesses. Unsustainable and insane for any business.
Its easy to start selling branded goods only to find out later that the brand owner is not keen on unlicensed resellers. Check this thoroughly or you’ll end up with products that are barred from sale via eBay, Amazon, or Etsy. Worse still it could get legal. That mistake could cost a lot of money!
Why not have your own Southend Online Shop running in parallel and save on all these sales fees? Woocommerce is a good platform, see an example here: https://mie.me.uk/
The rich documentation features of Etsy are all available via Royal Mail and Shiptheory. MiE host an online shop for a retail client of ours in Hertfordshire. https://www.sewing-kingdom.com/ The cost is around £60-£150 per year, once you’ve paid for initial set up. Then no more fees!
Have control over your own retail shop sales. Don’t pay extortionate sales fees to platform owners’ shareholders. Don’t have all your eggs in one basket. Increase your gross profit by 70%. Take control now!