Sunbird Consulting Services has been providing unmatched eCommerce Solutions in Nagpur. What type of E-Commerce service do you need? Read below to get information if you are getting into online selling for the first time.
It is for all to see how e-commerce platforms and business is taking over, dominating and camouflaging the retail stores steadily. Some retail stores that were a name to reckon with, thriving for decades have been badly hit by online stores! Glory of retail is fading, they’re struggling to survive and compete with online stores that seem to be offering the best eCommerce solutions to serve consumer like never before.
Retail stores that are still surviving are ones which have creating an online presence for themselves. But not many have found the same success.
This transition from retail to online store or starting a new online store is not at that simple. More than 75% of entrepreneurs supposedly having started best e-commerce websites did not see success that they expected of it. Do you know the most common reasons for failure of eCommerce platforms? Well, entrepreneurs become all too excited too quickly to build an eCommerce website and overlook the ground realities that decide its success and failure. Before you execute your decision to go online with dreams to make it at the top, you have to know the trade secrets.
For your business to be the best eCommerce platform, your target audience has to find it easy to use it, and enjoy the shopping in your store. Also, it’s important that your product value is clear.
If you’re planning to venture into eCommerce business, first understand how online business models are set up; what different product models are available for you; nature of your own business, etc. Then there are certain technical angles underlying the web-store too. If you’re thinking of building an e-Commerce store, here are some important factors you shouldn’t ignore.
To Which Category Your Business Belongs?
Businesses have been classified under several categories according to which business models & best eCommerce solutions are decided. Business is classified as B2B, B2C, C2C, C2B, Government Category etc. To which category does your business belong?
Which Business Model Will Work For You
Would you be selling physical items like books, fashion, furniture, etc. or you’ll sell things like e-books, software, apps, images, content, videos etc. Or are you going to sell services like insurance, hotel booking, ticketing, online consultation, etc.? For each of these, business set up will be different. The nature of your eCommerce platform and business will determine the financial models and pricing that will work for you. Suppose if you’ve to have a warehouse and courier delivery system, it’ll add to your overheads will impact product pricing. And things like that.
All these factors and many others should be discussed at length with consultant, with whom you are in talks to build the eCommerce web-store. There is no sense in getting excited and carried away by seeing latest e-commerce trends. You have to know which of them will impact your business and its success, and how; and take decisions with a cool head.
The future belongs to digital landscape. Online stores are and will be the best place to buy and sell. Go ahead and take control of how you want your eCommerce store to look and perform. Build a store that customers find easy to use, offers clarity on shipping costs and product value, offers good navigation to create a good shopping experience and more.