Shopify vs. Custom Website Builds & Passive Income Ideas in 2023.

In this edition we highlight an opportunity in the booming pet industry & evaluate the pro's and cons of using Shopify to build your website                                                                                                                                                                                                                                                                                                                                                                                                                 September 18, 2023 | [Read Online]( [fb]( [tw]( [in]( [email](mailto:?subject=Post%20from%20Ecommerce%20Dispatch&body=Shopify%20vs.%20Custom%20Website%20Builds%20%26%20Passive%20Income%20Ideas%20in%202023.%20%3A%20In%20this%20edition%20we%20highlight%20an%20opportunity%20in%20the%20booming%20pet%20industry%20%26%20evaluate%20the%20pro%27s%20and%20cons%20of%20using%20Shopify%20to%20build%20your%20website%0A%0Ahttps%3A%2F%2Fecommercedispatch.beehiiv.com%2Fp%2Fshopify-vs-custom-website-builds-passive-income-ideas-2023) Hey friends! 👋 Welcome to Ecommerce Dispatch where we help you build a profitable business on the side, without quitting your job or breaking the bank. In this new newsletter you’ll get one actionable business idea & learn marketing tactics to build your own ecommerce store. Let’s get cracking with this week’s idea and steps to generate revenue! 👀 What we've seen This increasing tendency to view pets as family has not only led to a greater willingness to invest more in pet care but also a strong demand for premium, high-quality pet products. Consequently, emerging trends in the pet industry are aligning with values centred around sustainability and health and wellness. This mirrors the priorities of pet owners in a way similar to how these values are important to humans. According to industry research: - 82% of today's pet owners consider their pets as integral family members. - 8 out of 10 British Gen Z individuals express a desire to own a pet. The ‘humanisation’ of pets have led to a number of successful businesses which have capitalised on this trend. [Lyka]( is an Australian startup who focusses on delivering personalised, high quality dog food. A fortnights worth of food for a moderately active, 20kg dog, will set you back $140. That’s almost as much as my grocery bill! Remarkably, Lyka is one of many businesses in this space which is thriving. ℹ️ Why this matters As pet owners are spending more on their furry friends, we see the supplement market has been expanding rapidly. According to an analysis by Grand View Research, the pet supplement industry is set to hit [1.05 billion by 2027.]( Examples of pet supplements includes dog probiotics, dog vitamins & even cat fish oil, but one interesting lesser known supplement is CBD for dogs. One interesting piece of research suggests that [CBD oil can reduce arthritis symptoms in dogs](, a condition which affects 20% of all canines. 💡The idea Therefore, the idea for this week is to establish an online pet supplement store that offers a curated selection of high-quality, veterinarian-recommended pet supplements, focusing specifically on CBD oil for dogs. 👣 Steps to execute Estimated time to revenue: 2-3 months 1. Establish partnerships with reputable suppliers and manufacturers of pet supplements. Ensure that the products meet quality standards and are vetted by experts. 2. Curate a range of pet CBD oil pet supplements, each designed to address a specific health concern or need. 3. Create a user-friendly e-commerce website that showcases your product range, provides detailed information on each supplement, and offers a secure and straightforward shopping experience. 4. Develop informative content on your website that educates pet owners about the benefits of each supplement category. Consider including blog posts, videos, and FAQs. 5. Develop a marketing strategy that utilises social media, email marketing, and collaborations with pet influencers and veterinary professionals. Emphasise the importance of tailored supplements for pet health. 6. Adhere to pet supplement industry regulations and seek certifications that demonstrate product quality and safety. 7. As your business grows, explore opportunities to expand your product range or offer complementary products, such as pet grooming supplies or premium pet foods. 🌱 Grow For those of you who have an existing store here are some resources which I think would be beneficial. - In this [blog post](, we compare Shopify vs custom website builds. We highlight the pros and cons of each path, helping you make an informed decision that aligns with your unique vision and goals. - In this [article](, we will explore the best tools to build an online store and provide a step-by-step guide on how to construct a fully functional online store using the Shopify website builder. - Although it won't instantly transform you into a millionaire, passive income presents chances to enhance your income with less effort. [Take a look at these passive income concepts]( to generate additional funds and fortify your financial portfolio. 📖 Good Reads & Resources Stay up-to-date and in the know with the latest and greatest from around the web! - One of the most common pieces of advice for entrepreneurs is ‘build an audience’. But what people fail to mention is that not all audiences are considered equal. This [essay]( by Jakob Greenfield challenges this notion and provides an interesting insight into what not to do. - Here are [10 visuals](which will inspire you to take action and chase your dreams. Store of the Week Each week we highlight our pick for store of the week. We source this from [Ecomm Design](. If you have a shop, send it in for a chance to be featured on[Ecomm Design]( & the newsletter. Today’s pick is… drumroll please.. [Zimms Organics]( After enduring a crippling diagnosis of Crohn's Disease that had him in and out of hospitals for years, David Zimmerman launched Zimms Organics. His journey to recovery was aided by top-notch organic extra virgin olive oil, and he has been medication-free since 2018 PS: If you have any questions, please send them in. We look at each of them & will publish them in next weeks newsletter. See you next week 😃 Rohit @ Ecommerce Platforms Emails going to spam? 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