You find a hot niche for your eCommerce business. You spend a few months to get your business set up. Then, you discover all the various fees you get hit with. No one told you about them when they sold you on starting up this type of business. Suddenly, that hot niche that you thought was going to bring profit margins of 25% has shriveled to a measly 10%.
Know your fees before getting started. You can easily contact suppliers and ask them what fees they will charge. For instance, many suppliers will drop ship for you but they charge you hefty fees. If you don’t ask, they won’t necessarily volunteer that information. These fees can seriously eat into your profits.
Within this package you will find the following modules: