The Dark Side of Online Marketplaces
Introduction When I started my first business, I created an online store but also listed my products on Amazon. As a new […]
Tag: online sales
Understanding the Most Important Ecommerce Expenses
aim of this section is to focus on costs related to Ecommerce. Cost structures are a very important part of a business. They are key to crafting the best pricing strategy, effective financial planning, and ultimately maximizing growth and profits. So, let’s get started and look at each category.
The Rise of B2B Ecommerce
ost people don’t know that B2B Ecommerce is much larger than the B2C Ecommerce market. In fact, the B2B Ecommerce market is valued at close to $15 Trillions, five times the B2C market. Forrester also estimates that online sales will grow to 17% of all B2B sales in the U.S. by 2023, from 9% before the pandemic.
Let’s see why B2B Ecommerce is growing so fast and what companies need to do to be successful in B2B Ecommerce.
How to Find New Products Ideas
I have met many aspiring entrepreneurs over the years. While some were quick to start their first business, most were struggling to […]
What are Online Marketplaces?
The article below is an extract from my book Ecommerce 101. As the title implies, this is a book for people with […]
The Worst Product you Can Sell Online
You probably know that commodities are products like steel, sand, or oil. But if you think about it, many products sold to online consumers are close to being commodities. And being a commodity seller isn’t where you want to be as an ecommerce entrepreneur. Let’s see why.
Do You Need a Shopping App for Your Business? (Answer: Probably Not)
As an entrepreneur, you’ll find many people recommending that every online business should have its own app. So, should you jump on the bandwagon, or would creating a mobile app be nothing more than a huge waste of time and money?
Free Shipping : Necessity or Margin Killer?
If you shop online, I’m sure you’ve been there: you find an item you really like at a decent price, you add […]
6 Ways Technology Can Lead You to Massive Success
“Metaverse”, “Cloud Computing”, “Datafication”; these days, it feels like every other news article about business is trying to use as many technology […]