How To Start an E-Commerce Business in 9 Steps
nensuria / iStock.com If you want to know the money-making potential of e-commerce, you probably don’t have to look much further than your own shopping habits. According to a 2022 report from eCommerce Guide, 58.4% of internet users buy something online every single week.
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With roughly six out of 10 people making a purchase every seven days, that means a whole lot of selling is taking place on the other end of your phone or computer — and those with an entrepreneurial bent are going to wonder why they’re not the ones doing the selling and the earning.
The reason that most people are still on the e-commerce sidelines is that they don’t have the slightest idea how to get started selling online. This tutorial was designed to help them get their new side hustle off the ground. 1. Get To Know the State of the Industry
Unless you’re an e-commerce veteran, your journey should start with a crash course on the current state of the industry. Don’t get bogged down in minutiae, but start with a few deep-dive analysis pieces from trusted sources.
Newbies who read the Forbes “State of the E-Commerce Industry in 2021” report last year, for example, would have known about emerging trends like cross-platforming and changes to the typical purchasing journey — but so much has changed since then.
Primers like the Forbes “E-Commerce Trends 2022: What The Future Holds” report, as well as Shopify’s 2022 “Future of Ecommerce” analysis, are good places to start to get a basic feel for current and emerging trends and storylines in the e-commerce space. 2. Find Your Product or Service — […]
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