While being an ECA can be profitable, it can also be extra work. If you already own a store or business, it won't be much more to do, but if you are creating a business for the purpose of being an ECA, then you must also consider what it will take to set it up and keep it running.
You must have a good idea about what you will be selling and where you will buy the products. If you are using drop shipping, then you must also have contracts worked out. Then you must pay for your TC License and apply to become an ECA.The next step is listing your products and uploading a photo of each. This will take some time to complete.
Then you must advertise your ECA store, pack and ship the orders, and answer questions from customers. Or ECA income relies on each order as it comes in. Any break in orders cuts your income from your store.
Referring ECAs, on the other hand requires much less time. You contact a merchant, interview him, give him a brochure. Do a follow up. Help him fill out his TC membership and ECA application. And wait for the money to roll in in the form of royalties.
As you repeat the process with more businesses, you begin to see a great residual income forming and you won't have to do anything to maintain it.
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While being an ECA can be profitable, it can also be extra work. If you already own a store or business, it won't be much more to do, but if you are creating a business for the purpose of being an ECA, then you must also consider what it will take to set it up and keep it running.
You must have a good idea about what you will be selling and where you will buy the products. If you are using drop shipping, then you must also have contracts worked out. Then you must pay for your TC License
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