In every part of the world, e-commerce is booming. According to a study conducted by Google online shoppers, each country is expected to cross the 100 million mark by the end of the year 2016. Broadband internet and the explosive growth of mobile phones are fueling this growth further. Companies like Amazon, eBay, Flipkart and more have already crossed billion dollar valuation.
This most lucrative business opportunities today can make a fortune in a relatively short time. If you have a product to sell, this is perhaps the best time to start selling it online. But first, you should use this simple formula to find out the profitability of your venture:
Profit Margin = Selling price – (Sourcing Cost + Packing & Shipping + Transaction Fees + Marketing Cost + Variable Costs)
If your profit margin is positive, you are good to go ahead and start selling online. If its very low or negative, you should think about minimizing the costs.
You need to be well-versed in modern-day eCommerce trends and strategies if you want to be a successful online seller. Almost all online stores are concentrated on the same philosophy i.e. Give customers what they need and they will buy it. The product you sell thus has lesser significance and it is the way you sell them that makes the difference. If you are thinking about selling online, you’ll have to decide first whether you should sell on online eCommerce marketplaces like Flipkart or Amazon or decide if it’s best to set up your own web store.
Selling online using eCommerce marketplaces is perhaps the easiest option. The process of selling on these marketplaces is very simple and you can start selling within a week. Once set up, sales will process seamlessly.
At this point, you have two options. You can set up and develop your own web store or shopping cart to sell online and host the eCommerce site on your own server, or create a web store using one of the many online store creators. This may seem like a lot of information to sift through and comparisons to be had, but we have narrowed down and simplified this process for you.
You need an expert online selling guide to teach you the basics of how to sell online and if possible, take you deeper into the world of eCommerce. If you are searching for such an online selling guide, you can easily find them online. There are hundreds of thousands of resources available, so how do you know which information is current or correct? Which are worth your time? That’s why we’ve developed an easy-to-use and to-the-point guide for our customers. We found this to be helpful to our clients, so we decided to make it available to everyone.
The iScripts selling guide can explain everything you need to consider: from the basics of selling to how to make a fortune from it as well. iScripts has created dedicated software applications which are designed for all the necessary requirements of modern day retail businesses. Hence, you can use them to set up your own retail website in no time. The biggest advantage is that all the software applications you get from iScripts are open source which means that you can employ any expert technical consultant to modify it as per your businesses requirement if you feel that the software needs a little more functionality or identity to make it your own.
Along with these software applications, you get to experience the very resourceful tips offered by leading online selling gurus who would give you expert knowledge on how to convert your online business into an international level business organization. Just imagine if you could learn how to sell online like Amazon, eBay and more of the major players. The business prospects are massive and you can get all these tips for free in our course. We offer free email subscriptions where you will get up to date information about latest trends in online selling, tips on how to convert potential customers into actual buyers, how to avoid mishaps in selling online and many more valuable tips and guidelines.
With the iScripts online selling guide, you learn how to virtually convert any known relationship into a successful business transaction, thus making it to the top with your business of online selling is made quite easy. You will know how valuable time is as well as how important scheduling it for a business. If you follow the instructions and tips, you’ll be successfully setting yourself up for the future. The best part is that you do not need any experience in online selling to understand these tips. Even a beginner can understand everything in the course as all points are clearly communicated with examples when applicable.
Call us at (312) 423-6728 with any questions you may have or email us at firstname.lastname@example.org. We’d be happy to explain how our software works including any additional business need you may have. We also offer custom work at a reasonable rate.