SOP: Starting an E-Commerce Business
Objective:
To establish an e-commerce business using dropshipping methods, specifically focusing on finding trending products and utilizing Instagram influencers for promotion.
Key Steps:
- Choose a Dropshipping Method:
- Select Products:
- Validate Product Ideas:
- Find Instagram Influencers:
- Promote Through Shoutouts:
Cautionary Notes:
- Be cautious of the risks involved in traditional dropshipping, such as long shipping times and communication breakdowns.
- Avoid investing heavily in stock upfront, especially when starting a new e-commerce business.
Tips for Efficiency:
- Use chat GPT to generate product ideas tailored to specific demographics.
- Prioritize products with a high number of trending videos for easy content creation.
- Focus on micro-influencers for cost-effective promotion on Instagram.
Link to Loom