March 18, 2019 admin

Ever felt the need of a tool that could analyse your business and suggest what changes you should make to maximize your profit? Well, there might not be a computer program as of yet that can help you with that but there surely is a technique. The name of such a technique is SWOT Analysis. SWOT Analysis helps a business achieve the following objectives:- Highlight strengthRecognize weaknessesGrasp opportunitiesIdentify threats What does one mean by SWOT Analysis? SWOT is an acronym that stands for S: Strength W: Weakness O: Opportunities and T: Threats. This technique could help to shine a spotlight…

March 12, 2019 admin

When we talk about a competitive market, we are talking about a market where numerous producers compete to satisfy the needs and wants of the consumer. So, a single producer or a single consumer cannot dictate on how the market operates. They cannot determine the price or the quantity of the goods that will be produced alone. The Three Basic Market structures in a competitive environment Perfect Competition As its name suggests, a perfect competition market structure is one in which many companies compete with one other for business. Also known as pure competition, in this structure, no single business…

March 11, 2019 Admin

With technology cutting the edge, creating an online presence for your business is not much of a hassle anymore. However, generating sales and business for your brand could be a bit of the task. As an entrepreneur, you have hell lot of tasks to accomplish than just launching your online store with great look and content. That is why we have compiled some strategies which you can start right ahead with to get traffic flooding into your online business success. Create conversations on Twitter – Start conversations and be a part of some using the platform and reach out to…

March 11, 2019 Admin

You can convert your one time buyers into lifelong customers by implementing simple average order value to the purchase. Average Order Value is a criterion in e-commerce that is used for the measurement of the average sum spent each time a customer places an order on the app or the site. The AOV can reveal a lot about the business over a particular period of time. The ultimate goal of an E-commerce store owner is to get a maximum number of buyers. The growth of the business can depend on the increase in the average growth rate. There are hacks…

January 30, 2019 admin

What is the product description? A product description is a content that explains what your product is and why a buyer should purchase it. It has all the basic information related to a product such as size, feature, colour etc. Basically, it helps to sell the product with more authenticity. Have a look at six easiest tips to motivate your audience to make purchases with the help of product description. Know your target audience The very first step to write any product description is to understand and define the target audience. This begins with breaking down your buyer’s characteristics to…

January 22, 2019 Admin

With the ongoing competition in e-commerce, the costs involved for setting up a whole new e-commerce business are pretty high. There are several factors that need to be considered while you start your business online . Here is a detailed description of all the costs involved in launching your own startup: 1. Website Building and Development: This is the basic need while starting your business. If you hire freelancers for developing they’ll cost you an average of $35 an hour. But website building also include various cost factors apart from website building. That’ll include: a) Domain Name: It’ll cost you around…

January 20, 2019 admin

With the advancement of technology came a plethora of opportunities. Online businesses commonly know as e-commerce became the new go-to marketplace for customers as well as merchants, without actually going anywhere! Moreover, with the decrease in job security and employment rate, the best option is to be one’s, own boss. So we bring to you efficient steps on how you can start an online business without leaving the comfort of your home. What would you sell online? Based on your abilities, resources, experience and unique ideas decide what product or service your online business will provide. Ask yourself as to…

January 17, 2019 Admin

Entrepreneurship and E-Commerce are the two big words of the Business world these days. Most of the new startups today are using the digital platform aggressively to run their business. Either you are selling a product or a service, there are some rules and tips for ecommerce success to be followed to get the maximum advantage of E-Commerce. In our company, we are approached by many people who want to join this digital age and start a successful E-Commerce business. We define entrepreneurship simply, as being your own boss, there are numerous different paths one can take to get there….

December 7, 2018 admin

What is a homepage? It is generally the main page of a website where you first land. It has a sum-up of the brand and its offerings. 8 elements every homepage should have You never get second chance to make an impression. The Homepage of a website is the face of your brand which should speak about how old the company is, where is it based out of, etc. This means, you will need to incorporate elements that attract more traffic. To improve the performance of the homepage, check out the following elements every homepage must have. 1. A clean…

November 20, 2018 admin

Do you think that words alone can convince a reader to buy a product? Yes, indeed they can if they are put together to form a product description which not only tells the features of the product but is written with an aim to sell the product. The quality of a product description can make or break a sale. A well written product description is all about making the potential customer visualize, how owning the product will be a positive add on in his life. The product description mainly consists of three areas that you need to cover effectively to…

November 6, 2018 admin

Having a professional website for your business is the most important thing these days. After all, a business website helps you reach the maximum audience. If you have decided to build one for your business too then you have made the right decision. But you cannot expect good returns by just creating a website, for that more efforts are required. So what is the secret behind building a website that can earn great profits? Well, the most amazing secrets are revealed below. Scroll down to know more!     SAY YES TO MOBILE PLATFORM! Image courtesy: www.pixabay.com While building an e-commerce…

October 30, 2018 admin

What is an online business? The process of buying or selling of products via the internet is referred to as an online business. It consists of commercial transactions, the exchange of products and services between businesses, groups, and individuals.  Steps to Start an online business     1. Select business type Choose the type of business you want to do online. It can be of textile, clothes, footwear, handbags, homemade food, handmade jewellery etc. Decide the business you want to start online first then move on to the next step.  Calculate the budget Now, that you are clear with your…