E-commerce is nothing new – indeed Amazon set up their first online store selling books in 1994, and even then that wasn’t the only online store around at the time. So more than 20 years later, in 2018, is it still possible to set up a successful online shop? Is the Internet "too crowded" or are there more opportunities now than ever?
Setting Up Shop
When Amazon set up 24 years ago, it took months to put together their first website, payment processing, inventory and stock management, the list goes on. But with new tools like Shopify and the many suppliers that are willing to drop ship directly to your customers, it's entirely possible to set up your entire online business in the space of an afternoon.
Competition or Opportunity?
With it being so easy now to set up your own online shop, surely everyone is doing it and the market is simply just saturated.
That's not the case though – while some markets are terribly competitive, if you have a good product at the right price there's more than enough space for another useful online store in virtually any niche.
One of the key ways that you can help your new store be successful right from the start is to find reliable and fast drop shippers. Tools like Salehoo and Worldwide Brands have been around for a long time, but still provide a very relevant service today.
So in summary, setting up an online store is now very easy – and there are more opportunities to make money in 2018 than ever before.