Question by Carey C: How much funding will I need to start an online business, i want to sell fashion items?
I have the ideas and can afford to pay for a website monthly and have ideas for marketing and how to target clients. I may be able to get funds from family to help start but how do I go about figuring out what I will need? Have any of you started your own online business that can give me any other important tips? Im trying to think realistic, can I do it.
Answer by G N A
Where will you get your products to sell? You will also need to consider how others are pricing similar items, where will your customers come from and who are they? Are the items you want to sell being sold by brand named stores, like Target, Macy’s, Norstrom’s? How will your store make money? What will make your store ‘the place’ to buy your products?
First step, write down everything and you’ll have a better picture of what’s missing.
Good luck in your new venture!
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