Is It Possible to Build an Online Bookstore with a Capital of $700?

[Suba]

Nowadays, more people buy books online, rather than going to a bookstore which often just wastes time. You can imagine with only $700 money/capital, it must be allocated to various sources such as buying hosting and domain, book stock, promotion costs, etc. So in your opinion, is it possible to build an online bookstore business with a capital of $700?

 

[Starmix]

I firmly believe that creating a bookstore online is profitable. The $700 capital is good enough to start. Do research on the possible books people of all walks and ages like to buy. What people mostly like to buy is book on creating amassing wealth, investing and travels.

 

[Stardom22]

For me l can say that the business is very capital intensive and the way books are very expensive here in my country one should really invest a lot in it.

 

[Augusta]

Yes you can achieve having a bookstore online with that amount. That amount is good enough to start whatever level of bookstore online

 

[Stardom22]

I think for the case of online stores one can really manage it with the mentioned amount of money. Otherwise it's not enough for one to establish a good book store offline.

 

[Trush Jodie]

I believe that amount is more than sufficient to setup an online book store. The major costs would be on advertisements.

 

[Xtynehappy]

I think that the online book store wouldn't cost much as it would be if that was intended to be operated offline.

 

[Springtime]

I think $700 should be enough to start a small online bookstore. You do not have to buy a lot of books. Just select the ones which you think people are interested to buy. I think one of the major expenses is marketing and advertising.