I am thinking to Start a e commerce Portal. There are various Factors like Payment,Design,Development of the Website. Also mobile Applications are also Important. Can anyone suggest which factors should I consider while starting e commerce business?
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I am thinking to Start a e commerce Portal. There are various Factors like Payment,Design,Development of the Website. Also mobile Applications are also Important. Can anyone suggest which factors should I consider while starting e commerce business?
Are you trying to start an eCommerce platform or an online store?
An important factor of E-commerce is an online store or business. If you want to make your business popular on e-commerce you can promote your business on social media platforms.
When creating an online store from scratch, you'll need to consider factors like website marketing or how to calculate conversion rate.
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If you are planning to start the eCommerce store, the first work on your products. Your products should be able to attract shoppers. And select Shopify as your eCommerce CMS. Create a website that is mobile-friendly, well designed, and user friendly. And as a new eCommerce merchant work on SEO too. And you can also hire an agency for your website development & marketing of your store.
Is there a specific reason you would recommend shopify? As the best website cms for ecommerce because most asites that top google are not shopify sites and are in fact wordpress websites, not that i'm saying they are the best but shopify seems to have a limit when it comes to google. Also going into e commerce you should be very aware of the industry online in most online selling industries there are middle men like *******, amazon and now even google... people will buy from there first and they will take a cut from your website or business intake and profit via cost per click or a percentage of sales. Facebook's online selling platform also takes a cut. As a start up you could possibly hope to match what they spend on marketing so if you dont go with them you can forget major search engines or socail media platforms as a way of selling. Its annoying but thats how it is.
Successful key factors for eCommerce businesses
Customer Service. Customer service is a key factor of success for eCommerce companies regardless of the company's size. ...
MultiChannel Marketing. ...
Conversion Rate. ...
Customer Retention. ...
Acquisition Cost. ...
Conclusion.
I want to support you in your business. But I see you don't answer questions from people who also want to help you. :rolleyes:
Before doing e-Commerce, you need to think through a clear plan of action, how you represent your business, and so on.
If you find it difficult to imagine everything in detail, I can recommend an article about the salesforce implementation plan. Write down a plan for yourself as in the article and it will be easier for you to make a decision further.:cool:
First off, you need a platform that is mobile friendly.
There are a lot of platforms to use to get started, Shopify, WooCommerce on WordPress and many more. Before you decide what platform to use, you need to understand who your target market is, once you have that information then you can see what products will be in demand and work back from there.
It won't be a quick win, but can be lucrative in the long run if you design the platform correctly and sell the right products to the right customers.
I love this response. I have seen many ecommerce websites built in all styles. Fast, cheap websites. Slower more functional websites. Personalised websites some of every type of website fail and some succeed. My conclusion of that was that your website means nothing if you don't know your target market and if your offer ( what you are selling ) is not a great or decent trusted buy. People also always fail to look at competitors, so you want to sell something like tents online but amazon or some big middleman has hundreds of member seeling tetnt and amazon is also advertising them. Apart from that where fo you think a user would buy from? trusted amazon with thousands of reviews of your unknown website. So again you need to get to know you clients so they can also get to know you and trust you. tailor for them and start small.Quote:
Originally Posted by Innzone Hosting
As I am a part of ImprintNext, I will suggest you to try product customization in your online store.
You mentioned different factors for eCommerce websites. Yes, these all should be considered. In my opinion, you should consider what are the latest trends in the eCommerce business. You need to take the help of the latest technological advancements. Consumer experience plays a vital role in the success of any business. Meanwhile the same fundamental also applies to Online eCommerce Store. Hence, you should choose the latest eCommerce trends that align well with your business. It will improve the shopping experience of customers and build strong relationships with them.
I think one of the most important things in ecommerce is the ux of the site.
First of all, you need to choose the ecommerce platform that fit your business. It has 2 types: hosted (open-source) and self-hosted ecommerce platform.
Open-source eCommerce platforms are eCommerce website builders that allow the original source code to be freely available for anyone to view, modify and contribute. You can get endless customization possibilities over the design or functionality of your store thanks to the open-source nature. However, it also means that to fully optimize your store, you’ll need coding skills and technical knowledge.
Hosted eCommerce platforms are the all-in-one shopping cart solution, which allows users to get an online store built without worrying about any infrastructure-related hassles. Usually, they offer a subscription-based model with different pricing tiers, which users can choose depending on the additional feature needed.
this is a rather difficult question that requires a careful approachQuote:
Originally Posted by Kirubasundar
For example, when I wanted to launch my startup project, I decided to explore the benefits social networks for startups. And also here it is important to determine the target audience, having previously selected the appropriate subject of messages, since we need people interested in the goods and services of your company. These messages should cover an area related to your business. This will attract the attention of the readers we need, who can potentially become your customers.
Six factors in ecommerce success:
1 Regulation of product pricing. It's natural for customers to compare prices between brands.
2 Maintaining high quality products.
3 Improving store accessibility.
4 Making a wonderful first impression.
5 Securing your shipments.
6 Taking advantage of m-commerce.
1. Your brand is your purpose
2. SEO brings in traffic
3. Customers love a great user experience
4. Transparency builds trust
5. Boost overall engagement
Important Factor for start your e-commerce business is your marketing. Digital Marketing is really need for your e-commerce website and also SEO for your website.
Six Factors in Ecommerce Success:
1. Regulation of Product Pricing
It’s natural for customers to compare prices between brands. It’s expected of entrepreneurs, as well, to be aware of how much competitors are charging for their goods. Fortunately, there are different tools available to easily see and compare prices of competing ecommerce websites, such as DataCrops and Import.io.
Various pricing strategies are employed to get the sweet spot in attractiveness and earnings, depending on the market and the kind of products being priced. For instance, one of the most common pricing strategies is keystone pricing, which is basically the doubling of wholesale price.
2. Maintaining High Quality Products
For a long time, people had the notion that products from ecommerce sites were inferior quality when compared to products from physical stores. While much of that myth no longer exists these days, there is still a lot that must be done to convince customers that your products are comparable in quality as those found in malls and other stores.
Make sure you procure your products from well-known and trusted suppliers of high quality goods as well.
3. Improving Store Accessibility
The design of your ecommerce website (online store) must accommodate all types of customers. The online store is your main tool of communicating and transacting with them. It must be able to relay information fast and concisely to evoke the trustworthiness of your business to your customers.
4. Making a Wonderful First Impression
Users know if they like a website or not by just a glance, and that first impression usually lasts. Making a good first impression is imperative in getting more customers in your online store. Make the best, eye-catching design possible, in order to entice people into coming in and making use of your ecommerce website.
5. Securing Your Shipments
One of the main concerns with ecommerce for both entrepreneurs and consumers is the issue of security. With personal and financial information being handled online, there is always the potential for ecommerce websites being compromised and customer data stolen for nefarious purposes. This is especially true for credit card information that gets entered in online every single day.
6. Taking Advantage of M-commerce
The mobile user base has grown exponentially over the last few years, thereby the need for online stores to become mobile commerce ready has become virtually mandatory at this point. If your online store is not optimized for mobile devices, then you are missing out on a lot of business.
- great product data (description, reviews, product images, etc.)
- targeting your proper audience
If you want to start the eCommerce Portal, then firstly work on your products. And you can work on SEO too. Grow your E-Commerce business by taking the best digital marketing services available.
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8 important factors for success in eCommerce: Brand name, design of the store, SEO, multichannel marketing, personalized buying experience, multiple payment methods, easy check-out process & customer service.
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Hi Kirubasundar,
Hope you're doing good. Well the factors you mentioned above are important more over you can make your product high quality, payment method should be so easy for customers even you can have attach different payment methods rather than specific one. Have live chat on your website for the fast communications and focus on rest of the things like return policies, quality images, search bar, securing your shipments. Make a awesome first impression. Hope this information will help you more for your ecommerce business. Thank you.
Creating successful eCommerce businesses is not an easy journey, especially that the market is extremely competitive with thin profit margins and a very high failure rate.
Here is a list of key factors that we believe that business owners should take into consideration to measure the business success. These factors are one of the most important factors. Nevertheless, there are many other factors.
Customer Service, Multi-Channel Marketing, Conversion Rate, Customer Retention, Acquisition Cost
Keeping an eye on these key factors by hiring an eCommerce website development company would give you an idea of how healthy your business
As an entrepreneur, getting into ecommerce is a significant step towards growing a business and increasing profits.
1. Regulation of product pricing
2. Maintaining high quality products
3. Improving store accessibility
4. Making a wonderful first impression
5. Securing your shipments
6. Taking advantage of m-commerce
If you’re looking to get into eCommerce website development, there is certainly no better time than now. With a public that has been getting more and more familiar with the use of eCommerce to avail of various products and services, we are going to see more amazing things through ecommerce for both entrepreneurs and consumers.
Research Ecommerce Business Models.
Start Ecommerce Niche Research.
Validate Target Market and Product Ideas.
Register Your Ecommerce Business & Brand Name.
Finalize Your Ecommerce Business Plan.
Create Your Online Store.
Attract Customers To Your Ecommerce Website.
Nowadays, it is tough to build an e-commerce platform with specific deadlines and budget limits.
Nowadays, it is tough to build an e-commerce platform with specific deadlines and budget limits. The reasons are simple: the competition is fierce, often the development process is rushed, there are not enough developers, resourceful people are hard to find, and sometimes even hired. Anyway, you have to find the best guys to develop a good e-commerce platform for you. The solution would be https://www.pixelchefs.com/ecommerce...est-practices/. I always work only with these guys and all my shops are made by them. Great experts in site development.
7 Most Important Factors in eCommerce Stores
1.Choice of Products and Product Display
2.Stocks availability
3.Pricing
4.Shipping
5.Customer Care
6.Search (yes, search)
7.Innovation