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E-commerce, is it really profitable?
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It is possible to make a decent return from e-commerce. There is no standard rule how you run an e-commerce. I worked with 2 e-commerce clients by consulting and implementing digital marketing strategy.
One of the important factors for e-commerce success is marketing investment. How much to spend depends on your expectations and timeline.
No matter what you sell, if you want your e-commerce site to have at least 10 orders every single day within a year, the digital marketing investment should be 1k to 3k USD per month. And also depends on the online competitions.
The numbers from my experiences that worked with client e-commerce marketing. Hope it gives you some ideas on e-commerce.
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