What is the minimum investment to start in e commerce?

[Mr_Kapowpow]

Hi I’m new to e commerce and I’ve been watching YouTube videos and asking AI questions for help. I’m having trouble trying to start my own thing. My question is what is the minimum amount of money required to start e commerce?

[Pickle_Rooms]

Likely the minimum will be about $500. You can start with dropshipping, but you'll likely need to pay a few fees from shopify for your website, and you might want to run a few paid ads. You also might need to accommodate for any returns you get, and $500 should just about do all that for you.

[PageFly-Garcia]

Hi @Mr_Kapowpow 
The initial setup cost for launching an e-commerce store could range between $400 to $500 for the first month. This estimate encompasses various essential components such as the Shopify basic plan, which is approximately $29 per month, domain registration costs, advertising expenses, basic SEO tools, and a few design tools to enhance your store's appearance... Subsequently, you'll also need to account for ongoing monthly fees that cover the continuous use of these services and platforms to maintain and grow your online presence.
The dropshipping model has lowest cost, you can consider about it. 

[Ikerboydy]

Diving into e-commerce doesn’t have to break the bank. You can get started with as little as a few hundred dollars. It all depends on what you're selling and how you want to do it. If you go the dropshipping route, you might only need cash for a website and some marketing. But you'll need a bit more if you plan to stock inventory.I'd suggest figuring out your niche first. It’s like picking the right tree to plant—you want to nurture something you’re passionate about! Once you have that, create a solid plan. Check out some pitch deck must-haves for tips on structuring your business ideas. Just remember, starting small is perfectly fine! You can always grow your investment as your business takes off.