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Learn How To Start An E-Commerce Business-converted

Firststands assists those who don't know what they should do in their professional life and helping them find it. We offer a variety of business ideas that will make your life financially free.

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Learn How To Start An E-Commerce Business-converted

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  1. BUSINESSIDEAS LearnHowToStart An E-Commerce Business FIRSTSTANDS.COM

  2. E-Commerce Business If you are searching for startup ideas E-commerce is one of the best online business ideasfor everyone. Due to the pandemic most people are switching their shopping habits from offline to online and it's the best moment to get involved in the E-commerce business . where you can sell any item you wish and make a decentincome.

  3. What Is E-Commerce? E-commerceisanonlineplatformwhereyoucan market any product through createyourownstorewhere yourwebsite,or you display your itemsonline,andcreateagreatsourceof revenue.

  4. Types Of E-commerceBusiness Consumer ToConsumer {CtoC} Business To Consumer{B2C} Business ToBusiness (B2B). It refers to the process ofselling products or services between businesses to consumers or vice versa. For example – amazon to customersdirectly. It is the process of exchanging products and services between consumers. For example-ebay. It’s a way of onlinetransactions between 2 differentbusinesses. It refers to business that’s conducted between two companies. For example- manufacturer to wholesaler or wholesaler toretailer.

  5. 30 GROWTH OFE-COMMERCE 20 In the last decade, widespread use of E-Commerce platforms such as Amazon and eBay has contributed to substantial growth in online retail. In 2007, E-Commerce accounted for 5.1% of total retail sales; in 2019, E-Commerce made up16.0%. The E-Commerce sector has registered a growth of 36% every year in the last quarter of 2020. The biggest beneficiaries of this rise are the personal care, beauty, and wellness categories which grew by95% 10 every year. Meanwhile, theelectronicscategory rise by 27% annual growth. The global E-Commerce market is expected to reach USD 16,215.6 billion by 2027, at a CAGR(compound annual growth rate) of 22.9% during the forecast period of 2020to 2027. 0 Item1 Item2 Item3 Item4

  6. Step1- 1. Find a high-potentialproduct. There are several things you need to consider when you are deciding what yourproduct offering will be. You will want to find something that has a large global demand,high HowDoes E-Commerce BusinessWork? margins and can be easily warehoused and fulfilled. Use google trends, ebay top products and amazon best sellers are the best resources to help you to find best products. Pick something that you will be interested in, because you’re going to have to invest a lot of time and energy if you plan on launching a successful E-Commerce business. The more enthusiastic you are, the easier it willbe. Step2 Source ofmanufacturer. Itisessentialtofindareliablemanufacturerwhoisabletoprovideproductsthatmeet the needs of customers. If they don't, customers will not be happy with your product and may not purchase from youagain. Step3 Decide the brand name and develop thewebsite. Ifyouhavetheknowledgetobuildawebsite,you'reontherighttrack,or,ifyoudon't know how to do so, you are able to get in touch with us and we'll create an excellent website at the most affordable cost for you .and we'll help you understand on how to manage your website in the bestmanner.

  7. Step4- Shippingprocess It'suptoyouhowyouaregoingtodeliveryourproducttocustomersbytaking strainofdeliveringandspendingalotofmoneyinless margin from door to door. instead of that you can use any shipment process like dropshipping paying a certain amount on every delivery.Forthat youcandirectlymassageonfirststandsforshipmentatbestprice. Step5- Establish revenuegoals. Also, look for ways to cut costs, because as your sales volume increases, it can be a way to drastically increase your revenue. If you are doing a lot of transactions, don’t be afraid to negotiate a better rate with your client .You have to take care of these things –How much does your product cost, per unit, delivery charge? What are your shipping costs, including all fulfillment components, such as staff, software, postage,etc. Step6- Design a marketing plan. You have a product and a website, now you need to figure out how you are going to put your offering in front of consumers. Who is likely to be interested in your products? Advertisements help you here through social media marketing you can get that audience who are interested in your product and While your marketing plan should also include long-term components like search engine optimization, you need to focus on generating sales and revenue right out of the gate if you want to scalequickly. If you know how to do social media marketing or generating leads on SEO so that’s great or if you want this to be done by someone elsesoyoucancontactusonfirststandswewillprovideyouamazingleads. Make sure you track everything — set up your conversion pixels and goals so you know where every single sale originates from. The moredataandinformationyouhaveavailable,themoretargetedyourcampaignscanbecomeandthequickeryoucangrow.

  8. E-COMMERCE PLATFORMS ANDVENDORS

  9. An e-commerce platform is a tool that is used to manage an E-Commerce business. E-commerce platform options exist for clients ranging in size from small businesses to large enterprises. These e-commerce platforms include online marketplaces such as Amazon and eBay, that simply require signing up for user accounts, and little to no IT implementation. Another e-commerce platform model is SaaS, where store owners can subscribe to “rent” space in a cloud-hosted service that does not require in-house development or on-premisesinfrastructure. Other E-commerceplatformsmaycomeintheformofopensource platforms that require a hosting environment (cloud or on premises), complete manual implementation and maintenance.

  10. Afewexamplesofe-commercemarketplace platformsinclude: Amazon, eBay, Walmart Marketplace, Chewy, Wayfair , Newegg, Alibaba, Etsy, Overstock, Rakuten, myntra , (for free setup in fashion) meeshu,shopclues,snapdeal,flipkartetc. Vendors offering e-commerce platform services for clientshostingtheirownonlinestoresitesinclude: Shopify, Woo Commerce, Magento, Squarespace, Biocommerce, Ecwid, Salesforce Commerce Cloud (B2B and B2C options)Oracle SuiteCommerce

  11. @FIRSTSTANDS CONTACT USFOR START YOUR BUSINESSTODAY +919560353883 FIRSTSTANDS.COM

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