With the circumstances leading people to shop online, e-commerce is becoming more popular. If you want to venture into the online selling world, learn these helpful tips on e-commerce for beginners. https://advdms.com/blog/e-commerce-insights-5-tips-for-newbies/
E-commerce Insights: 5 Tips for
Newbies
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How has the “new normal life” changed
the way we do business? As the COVID-19
pandemic made countries lock down
their territories, brick and mortar stores
have been forced to close, and e-
commerce has become the main means
of business.
Based on the report of McKinsey &
Company, the 10-year expected growth in
e-commerce happened
in
just
three
months. Considering how this e-commerce
leap has changed the way we do business,
those brick and mortar stores that have
“temporarily” closed could end up being
permanently closed if they do not make
their presence felt online.
Even though there is a possibility for e-
commerce
to slow down when the
pandemic is over, there will always be
people shopping online because it’s more
convenient. So if you are starting a
business and looking into an e-commerce
insight on what it will be like in the coming
years, well, we tell you – it will continue to
rise even more.
The US e-commerce is expected to grow
about 18% this year. Having said that, it is
clearly the best time for e-commerce
beginners to start their online business.
What’s e-commerce for beginners like? It
might be a bit scary in the beginning. With
everything going digital, e-commerce is
getting crowded and getting even more
competitive than before. However, it can
also be exciting. With the continuous rise of
e-commerce, technology and innovation
will continue to develop.
For you to start your online business, we
have prepared five helpful e-commerce
advertising tips:
1. Know what products to sell.
Research on what sells. Generally, there
are two types of products: commoditized
products and niche products.
Commoditized products are products that
are used in everyday life. Because they are
basic necessities,
these products are
usually in high demand with a bigger
market.
Niche products are dedicated to catering
to the needs or preferences of a specific
customer base. Being an “exclusive” item,
these product