Side Hustle Spotlight #40

Read more to find out how you can start this profitable side hustle today plus tips and tricks to make starting a business easier

Welcome Back To Side Hustle Weekly!

Before We Get Started Here’s Your News Recap:

Daily News Updates:

In the business sector, Merck's shares declined over 11% after the company provided 2025 revenue guidance below analyst expectations and announced the suspension of Gardasil vaccine shipments to China.

Merck anticipates 2025 sales between $64.1 billion and $65.5 billion, with adjusted earnings of $8.88 to $9.03 per share, both underperforming analyst predictions.

Challenges in China, including economic issues and government anti-corruption efforts, have impacted Gardasil sales.

On the financial front, U.S. stock futures remained stable as investors considered recent trade policy changes and anticipated corporate earnings.

China imposed retaliatory tariffs on U.S. goods and initiated an antitrust probe into Google.

Alphabet and AMD are set to report their earnings after the market closes, with both companies' shares rising in premarket trading.

Palantir's stock surged over 20% due to strong earnings driven by high AI product demand.

Conversely, PepsiCo shares dipped as their Q4 results largely missed expectations, with declines in North American sales volumes.

In the sports world, Cristiano Ronaldo made pointed comments about a former manager, suggesting that not all of his coaches have understood football.

Fans speculated he was referring to Erik ten Hag, with whom he had a well-known fallout during his second stint at Manchester United.

In the United States, President Donald Trump has imposed a 10% tariff on all Chinese imports, effective February 4, 2025.

In response, China announced retaliatory tariffs, including a 15% tariff on coal and liquefied natural gas products, as well as a 10% tariff on crude oil, agricultural machinery, and large-engine cars imported from the U.S., effective February 10.

I’m excited to share with you another great side hustle you can start today! Today we will be discussing how you can start your Shopify store flipping business.

Shopify Flipping

Introduction

In the digital age, Shopify store flipping is like the modern equivalent of real estate fix-and-flip. Instead of renovating houses, you build profitable e-commerce stores, optimize them, and sell them for a profit. With Shopify's user-friendly platform and the ever-growing demand for online businesses, this can be a lucrative and scalable venture. If you’re ready to combine creativity with entrepreneurial skills, this guide will show you how to start and succeed in the Shopify store builder business.

Step-by-Step Guide to Starting Your Shopify Store Builder Business

Step 1: Understand the Market and Choose a Niche

Before building a Shopify store, it’s crucial to research the market and identify profitable niches.

  • How to Choose a Niche:

    • Look for trending products or underserved markets.

    • Use tools like Google Trends, Ecomhunt, or Trends.co to spot opportunities.

    • Validate the niche by checking competitors and demand on platforms like Amazon or Etsy.

Examples of profitable niches include eco-friendly products, fitness gear, pet accessories, or home office equipment.

Step 2: Plan Your Store

A successful Shopify store requires a clear plan, including product sourcing, branding, and a target audience.

  • What to Plan:

    • Target Audience: Define who will buy from the store.

    • Product Sourcing: Decide whether to use dropshipping, private labeling, or wholesale purchasing.

    • Brand Identity: Develop a name, logo, and color scheme that align with the niche.

A well-thought-out plan ensures that your store resonates with potential buyers.

Step 3: Build the Shopify Store

Shopify offers the perfect platform for creating attractive, functional e-commerce stores. Focus on building a store that looks professional and is easy to use.

  • Steps to Build:

    1. Sign up for a Shopify plan.

    2. Choose a visually appealing theme (free or premium).

    3. Add your products, complete with high-quality images and detailed descriptions.

    4. Set up essential pages like About Us, FAQs, and Contact.

    5. Integrate payment gateways and shipping options.

Use apps like PageFly for custom designs and Oberlo for dropshipping integration.

Step 4: Optimize the Store for Success

A store that looks good is only half the battle—it also needs to convert visitors into buyers.

  • Optimization Tips:

    • Use SEO-friendly titles and descriptions.

    • Add customer reviews and testimonials for social proof.

    • Include upsell and cross-sell features with apps like Honeycomb.

    • Ensure fast loading times by compressing images and using optimized themes.

A conversion-focused store is more appealing to potential buyers.

Step 5: Market and Generate Sales

A Shopify store’s value increases significantly when it has traffic and sales history. Before selling, invest time in marketing.

  • Marketing Strategies:

    • Run Facebook and Instagram ads targeting your niche audience.

    • Use email marketing with tools like Klaviyo to capture and convert leads.

    • Collaborate with influencers or affiliates to drive traffic.

    • Create a blog with SEO-rich content to boost organic traffic.

Consistent marketing builds credibility and increases the store's resale value.

Step 6: List and Sell the Store

Once your store is profitable, it’s time to sell. Platforms like Exchange Marketplace make it easy to list and sell Shopify stores.

  • How to Sell:

    • Highlight the store’s revenue, traffic stats, and customer base.

    • Set a competitive asking price (typically 2-4x monthly profit).

    • Be transparent about expenses, marketing strategies, and tools used.

Providing detailed insights ensures trust with potential buyers and increases the likelihood of a sale.

Potential Monthly Earnings

Your earnings depend on the number of stores you build and sell, their profitability, and their market demand. Here’s an estimate:

  • Basic Flips: 1 store/month selling for $3,000 = $3,000/month.

  • Mid-Level Flips: 2 stores/month selling for $7,500 each = $15,000/month.

  • High-Level Flips: 3 stores/month selling for $10,000 each = $30,000/month.

Scaling to multiple stores and selling higher-ticket businesses can generate even greater profits.

Pros and Cons of Starting a Shopify Store Builder Business

Pros:

  • High Demand: Many entrepreneurs want ready-to-run e-commerce stores.

  • Scalability: Build and sell multiple stores simultaneously.

  • Low Overhead: No need for physical inventory if using dropshipping.

  • Creative Freedom: Experiment with different niches and designs.

  • Profitable Exits: Stores can sell for 2-4x monthly profits.

Cons:

  • Time-Consuming: Building and marketing stores require effort.

  • Initial Investment: Costs for apps, ads, and Shopify plans.

  • Market Fluctuations: Demand for certain niches can decline.

  • Learning Curve: Requires skills in design, marketing, and e-commerce.

Requirements to Start a Shopify Store Builder Business

  1. Shopify Subscription: Plans start at $39/month.

  2. Graphic Design Tools: Canva, Adobe Photoshop, or Figma for branding.

  3. Market Research Tools: Google Trends, Ecomhunt, or Jungle Scout.

  4. Marketing Budget: Allocate funds for paid ads and promotional campaigns.

  5. Time and Patience: Success depends on consistent effort.

Suggested Products to Maximize Results

  1. High-Quality Laptop: For smooth multitasking and design work.

  2. Shopify Themes: Invest in premium themes for a professional look.

  3. SEO Tools: SEMrush or Ahrefs to optimize for search engines.

  4. Email Marketing Software: Klaviyo or Mailchimp for automated campaigns.

  5. Ad Budget: Allocate funds for Facebook, Instagram, and Google ads.

Conclusion

Starting a Shopify store builder business is a creative and lucrative way to enter the e-commerce world. By treating each store like a digital fix-and-flip project, you can build profitable businesses, scale your operations, and generate consistent income. With potential monthly earnings of $3,000–$30,000 or more, this business model offers endless opportunities for growth and financial success. Start building your first store today, and turn your vision into profit!

If you haven’t already please take our survey this helps us curate the best side hustles and business ideas to best fit your needs.

That’s A Wrap

I hope you enjoyed today’s post and if you have any questions about the post, upcoming posts, how to advertise, or anything else, feel free to reply.

See you next time with another money-making post, helping you boost your income!

Disclaimer

Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.

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