Game and Compute Game And Compute Podcast

E-Commerce Gig Basics (profit tracking, sample tracking sheet)

Check out the FREE Sample Tracking: https://gameandcompute.com/shop-1



Last time we discussed the importance of tracking profits. Now you will be able to view a layout of how that looks. Track your expenses!

This episode discusses the minimum of what to consider when tracking your expenses. This will help you to verify that your e-commerce gig is profitable.

Once you have some profits coming in, you will need to have a plan for those funds. The funds may get recycled back into your future expenses such as any upcoming subscriptions needed to keep your store running. Or you can invest in more inventory, or shipping costs, or other fees.

We will eventually discuss planning. Once you have been able to dive into a pilot study from start to finish, you can consider larger planning and perhaps create a larger budget. You will be able to predict potential profits.

Remember that e-commerce can be fleeting. Things change! China may stop shipping on time. Or if there is a lock down there may be unexpected impacts. Products become obsolete. Or some major brand might release a new product impacting your sales.

Keeping things low and slow is one of the best methods to avoid losing tons and tons of money all at once. Stay patient. AND DON'T FORGET, YOUR TIME IS MONEY, SO FACTOR THAT INTO THE COSTS IF YOU CAN.

TikTok Shop, The Violations Webinar Suggestions, Pros & Cons of Using other Platforms (TikTok Shop Seller Central).

Blog Post: https://medium.com/@gameandcompute/tiktok-shop-seller-central-and-violations-recommendations-from-seller-us-webinar-3e22107043aa

Website: www.gameandcompute.com



How are you with e-commerce? Most importantly, do you know how to make money? We will continue this e-commerce discussion. This is not any attempt to get rich quick BUT you can supplement your income and get to a place of saving, building, and even outsourcing your work.



People who are gurus online making hundreds of thousands OR millions OFTEN HAVE MONEY TO INVEST IN ADVERTISING! Note- they do not often explain their revenue in detail. They do not often show profits, and they do not usually share advertising methodologies. When you see this, ask yourself:


What is the e-commerce content creator avoiding?
How much did they make in profit?
How much did they spend on advertising and traffic?

If I told you I made $4000 in one day (revenue), you will need to know what my overhead was: how much is my subscription to keep my e-commerce store open? How much are product costs? What are the shipping times? How much to ship to the store? How much to ship from the store? What fees do the payment gateway and the e-commerce platform take away?



In the next episode we will speak more on these topics.

Tik Tok Shop and Violations Experiences (do I love or hate Tik Tok Shop?)

Start Making Money with TikTok Shop.

Check out the Blog post HERE at the Game and Compute Blog https://medium.com/@gameandcompute/tiktok-spring-trend-forecast-livestream-start-making-money-with-tiktok-shop-dd500488309d

Let’s have some fun with this idea. Are we becoming cyborgs? Have we entered the singularity?

Podcasting and Censorship (automated screening tools used on content)