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Thread: 5 common challenges from E commerce issues!

  1. #1
    Join Date
    Sep 2019
    Location
    USA
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    Smile 5 common challenges from E commerce issues!

    1. Finding the right products to sell

    Shopping cart platforms like Shopify have eliminated many barriers of entry. Anyone can launch an online store within days and start selling all sorts of products. Amazon is taking over the eCommerce world with its massive online product catalog. Their marketplace and fulfillment services have enabled sellers from all over the world to easily reach paying customers. Let’s not forget about Aliexpress. They’ve simplified product sourcing by giving access to Chinese manufacturers within a couple of clicks. All of this has made it very difficult for retailers to source unique products unless they decide to manufacture your own.

    2. Attracting the perfect customer

    Online shoppers don’t shop the same way as they used to back in the day. They use Amazon to search for products (not just Google). They ask for recommendations on Social Media. They use their smartphones to read product reviews while in-store and pay for purchases using all sorts of payment methods. Holiday Email Subject Lines attract more customer, Lots have changed including the way they consume content and communicate online. They get easily distracted by technology and social media. Retailers must figure out where their audience is and how to attract them efficiently without killing their marketing budget.

    3. Generating targeted traffic

    Digital marketing channels are evolving. Retailers can no longer rely on one type of channel to drive traffic to their online store. They must effectively leverage SEO, PPC, email, social, display ads, retargeting, mobile, shopping engines and affiliates to help drive qualified traffic to their online store. They must be visible where their audience is paying attention

    4. Capturing quality leads

    Online retailers are spending a significant amount of money driving traffic to their online stores. With conversion rates ranging between 1% to 3%, they must put a lot of effort into generating leads in order to get the most out of their marketing efforts. The money is in the list. Building an email subscriber list is key for long term success. Not only will it help you communicate your message, but it will also allow you to prospect better using tools such as Facebook Custom Audiences. Not all leads are created equally. Retailers must craft the right message for the right audience in order to convert them into leads with hopes of turning them into customers.

    5. Nurturing the ideal prospects
    Having a large email list is worthless if you’re not actively engaging with subscribers. A small percentage of your email list will actually convert into paying customers. Nonetheless, retailers must always deliver value with their email marketing efforts. Online retailers put a lot of focus on communicating product offerings as well as promotions, but prospects need more than that. Value and entertainment goes a long way but that requires more work.


    Originally Published: www.ecommercetrainingacademy.com

  2. #2
    Join Date
    Oct 2019
    Location
    India
    Posts
    3

    Challenges during start an eCommerce business

    Hello,

    When you are going to start any business you have to face many challenges to run your business successful. Here they are

    1. Online Identity Verification: customer identity is always doubtful on online stage because you don't know information provided by user is genuine or fake.
    so it's little bit challenging to verify customer identity.

    2. Competitor Analysis: In market there are number of competitors who sale same products as you sale.

    3. Customer Loyalty: in online it's very challenging to maintain your customers loyalty towards your eCommerce business.

    4. Product Return and Refund Policies: according to one survey 60% shoppers check retailer’s return policy before making a purchase any items so Return and Refund Policies very essential.

    5. Price and Shipping: price & shipping is main factor for your customers so make sure your items price & shipping policies are better then other eCommerce business.

    So there are a lot of challenges but if you follow all the strategies for eCommerce business from scratch then there are less chance to face these type ecommerce business challenges.

  3. #3
    Join Date
    Mar 2019
    Posts
    87
    I totally agree with your every point because when a person starts a business then they have to face many kinds of problems to become a perfect businessman. These e-commerce issues "Finding the right products to sell", "Attracting the perfect customer", " Generating targeted traffic", "Capturing quality leads" etc. is not a common issue because when a person starts an e-commerce business then they need to focus on every works and these are very important also.

  4. #4
    Join Date
    Sep 2019
    Location
    USA
    Posts
    179
    I am also suggesting Common types of Challenges for E-commerce issues

    1)Absence of online identity verification.
    2) Delivering an omnichannel customer experience.
    3) Competitor Analysis.
    4) Stuck in at the old school way of approach to selling.
    5) Shopping cart abandonment.
    Last edited by alex5; 11-08-2019 at 07:36 AM.

  5. #5
    Join Date
    Nov 2019
    Posts
    7
    Interesting theme

  6. #6
    Join Date
    Nov 2019
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    11
    Lots of interesting info, thanx a million )

  7. #7
    Join Date
    Nov 2019
    Posts
    4
    Nice information.

    Competitor Analysis and product return policy and refund issues are also the e commerce business challenges nowadays.

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