Ask HN: Is e-commerce the easiest way to make money online?

Re:Ask HN: Is e-commerce the easiest way to make money online? by salahxanadu on Wednesday April 10, 2013 @01:43PM (#5526720)

Speaking from experience, there is very little margin in drop-shipping so you need to do a lot of volume. To do a lot of volume you really need to be spending on ppc ads. If you pour your heart into this and do about 1mm in sales a year you can expect to clear 80-120K. Just to warn you, to get to this level it might take 3 or 4 people working fulltime.

Making something and then selling it would be a better bet, but therein lies the rub. Once you buy product you need to house it and eventually ship it.

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Re:Ask HN: Is e-commerce the easiest way to make money online? by kevbam on Wednesday April 10, 2013 @04:06PM (#5527773)

Thank you very much for this.

I have been reading ecommercefuel.com and Andrew(webmaster) says you can get around the low margin by choosing a niche that requires a lot of additional information,e.g something technical and then pricing yourself higher than competitors. He argues customers will pay for the additional information and good customer service. E.g. help installing etc.

As someone who has been there and done that, would you agree with this?

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