TheGenieLab Blog
CBD sales have reached $3B in eCommerce sales alone so far this year. This product category is here to stay, with users spending between $20 to $80 per month on the products. The demand is very strong and is a reliable source of revenue month after month. It is a higher-risk product, but the returns are rewarding. So what does it take to be a Dropshipper in this product category? We'll explore below. CBD Seller vs CBD Dropshipper We have previously covered in another blog the CBD Seller and w
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Most business owners know that 95% of new products fail, as well as 95% of new businesses, fail within the first year of market entry. This places a high bar on anyone wanting to open a Shopify store, and start selling a product that's thought to be in demand. The business owner looks to match a product that is of high quality and available that is in demand and to find your target audience. With the right tools for marketing and promotion, and social media engagement you will find synergy in co
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There are many indexes in the market, from Stock Market indexes to Consumer Confidence Indexes which help you put the finger on the pulse of supply and demand. How about this Shopper Experience Index? How does it relate to your online store, how does it affects your supply and demand for your goods, and which particular ones are affected? To define this index, Shoppers are your new salespeople - promoting your goods, and your brand, and driving your digital marketing as they embrace your way o
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Whether you are starting a business or you are migrating to Shopify, you will find this eCommerce platform to be suitable for all businesses that want to trade online. Online businesses prefer Shopify due to its well-organized architecture and support community like Shopify Experts. The Shopify App store is plentiful when it comes to your specific requirements to add features to your store. The conversion rate of the architecture is highly rated, in both SEO and Google Analytics scoring. Even th
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With the updated theme architecture that Shopify has launched, there have been some amazing high-quality Shopify Themes. Unveiled at Shopify Unite in 2021, Web Designers and Developers have been busy improving the user experience and adding additional features to merchandise your goods for your shopping cart to fill up. Most notably, a new Free Shopify Theme called Dawn has been made available - so let's see how much you can get out of a new theme. Online Store 2.0 - what is it? Shopify introduc
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