22. HOW MUCH $ CAN I MAKE?
1% Conversion Goal
1500 Unique Visitors
15 Sales @ $200 ASP = $3000 Referred Sales
5% to 20% Commission= $150 to $600 for you!
29. GREAT MARKETPLACES
DELIVER
EYEBALLS
How many people shop it?
BRANDING
Will it promote me to new audiences?
TURNKEY OPERATIONS
Does it make my life easier?
MARKETPLACE INSIGHTS
Does it make me smarter?
MONEY
How much does the marketplace take?
40. ECOMMERCE OPTIONS
Option 1: Build Your Own Store
• Be prepared for a serious commitment (time + money)
• Traffic, traffic, traffic = to maximize conversion
• If building your own, recommend Shopify
Option 2: Affiliate Marketing
• Good option to supplement revenue
• Traffic, traffic, traffic to maximize conversion
Option 3: Join a Marketplace
• Capitalize on their marketing and traffic driving measures
• Let them do heavy-lifting of operations and fulfillment
• Learn from analytics to help you plan smarter
• We recommend Chairish of course !