Selling online has become so popular nowadays. If you will ask me why, I can name a few reasons why…
My fascination for online selling emerged from my fondness of buying stuff online. With the many infinite choices and convenience of shopping at the comforts of your own home, I can’t help but feel the excitement whenever I will received my online order. But mind you, I can say that I am a sensible buyer since I buy only the things I need. About 3 years ago, I got hooked on online buying, it ranged from clothes, accessories, bags, etc. In fact the couple shirt my husband and I used for our pre-wedding pictorial and even our wedding giveaway were online finds. With this fondness, a question came in mind “Why not try to sell online? Then came the idea of an online shop, but the next question is what to sell online? One tip is finding your audience’s niche, asking yourself what do you like best and what do you like to buy most of the time will determine what type of merchandise you will sell. It actually varies and may change from time to time, as for my case I am interested in baby stuff now as compared to clothes and accessories before.
The popularity of E-commerce business intensifies many great opportunities for a newbie in online trading. Take into consideration, a seller having the world wide web for his market, it provides a vast number of advantages most specially for a budding entrepreneur. It becomes easy for an aspiring seller to get his idea on what to sell online and target his market thru the trend that he sees online, which will then make it easier for him to penetrate that market. As compared to actual retail it will take a shorter time for a seller to market his products because of the exposure to global market thus, a faster return on his investment. Plus, with tools like inventory management software, it’s so easy for an entrepreneur to see what they have in stock and make sure that they keep on top of orders. Software like this might not be necessary in the early days when you’re working out your own garage and can count everything there with your eyes. But if you’re planning on expanding your e-commerce from a side hustle and into business then you should really consider how to grow your platform. Even the sellers you see on sites like eBay operate out of a warehouse and use software like Microsoft D365 to manage aspects of their business. With the dawn of internet communication and cloud computing programs, we are also provided with opportunities for better customer relationships. E-commerce does not end with selling, aside from direct sales, online retailers can also use the web to introduce new products and brands and offer after-sales customer support.
Among the many reasons to sell online, just imagine having your shop accessible anytime, anywhere 24/7. For the benefit of online buyers, they will not need to wait for long queues just like in malls, they have the convenience of getting the best deals and the most competitive prices online. It is cost efficient saving on gas because you don’t need to go the mall just to do shopping and time efficient as well since all is done is just a few clicks. Plus it is easier to recommend an item to friends since it is readily available to view. Overall, it’s a lot easier to just sell products online, as you’ll have a much bigger audience ready to buy your products. However, it’s important to remember that customer service is a priority. When customers buy online, they might be more likely to return the product as they haven’t been able to see it before they purchased it. When dealing with returns, some customers can process it through their bank which can cause the company to lose out on money. Many ecommerce businesses have avoided this though by using chargeback prevention services to ensure they don’t start to lose money. Financial technology services like that are extremely helpful for online businesses. However, it’s still important for businesses to be welcoming to customer returns through their customer service, not banks. That should help these businesses to keep their profits. Additionally, when it comes to customer service many e-commerce businesses choose to implement a customer loyalty platform in order to enhance the shopping experience and provide personalized communication and offers to help customers feel truly appreciated and valued, and keep them coming back to you above anyone else.
There are a number of sites to help you out get started to sell online. All you have to do is maximize every potential resources and and use it to your own advantage and believe me there are endless possibilities for you to succeed.
I am participating in a blog campaign for Bucks2Blog for an e-commerce solution company, www.intuit.com and was compensated. However, the views and opinions are my own.