Your goal is to understand your potential customers better as you gauge the ultimate potential for growth for your eCommerce business. These benchmarks will also help you forecast revenue and demand as accurately as possible until you begin generating sales and have an earnings history to use as...
websites, social media, or online marketplaces. Ecommerce businesses can be small operations run by one person or large global companies, and may use one website or multiplesales channelsto reach customers. Examples of businesses that useecommerceinclude software companies, ...
Running an online business can be the thrill of a lifetime. It’s also a labor-intensive endeavor that can eat up huge amounts of time. But did you know that not all ecommerce businesses hire in-house staff? Some use ecommerce outsourcing services, where a third-party company with speci...
Business to consumer (B2C):In this common model, ecommerce businesses sell goods or services directly to individual consumers, like purchasing a jacket from an online retailer. How do you start an ecommerce business without money? To be honest, you’d need at least a few hundred dollars to...
Customers need to know that your eCommerce business is open to responding to queries and comments, which can be challenging when everything is online. Publicly engaging with potential and current customers is the best way to show that your brand is responsive. Here are a few ways you can int...
48 important factors to consider when choosing an eCommerce platform 5Additional features of eCommerce stores that matter 6How to decide which eCommerce platform is best for your small business 7Start your online business with Instamojo Why use an eCommerce platform for your business?
Market your eCommerce business Let’s look at exactly what you need to do to get started. Step 1 Lay the foundation You must plan before starting an eCommerce business (or any business). You must consider the details of what your venture will look like. The opportunity is enormous The da...
In ecommerce, there are several business models you can adopt. Here are the main ones: Business to Business The business-to-business (B2B) model is when businesses sell products or services to other businesses. And the sales cycle is typically rather long—it can take weeks or even months ...
business. Talk to your local Chamber of Commerce, your Secretary of State, and conduct some research at theSmall Business Administration. You’ll have local, state, and federal laws to comply with for any business you want to operate in the United States. Ecommerce businesses are no different...
How to Get Email Tone Right [and Adapt it to Your Unique Customer Journey] Anyone who’s ever had an argument will be all too familiar with the phrase: “It’s not what you said, it’s how you said it.” Those words of wisdom are just as relevant to ecommerce marketing as they...