In past days, there was a monopoly of Big Ecommerce Companies like Amazon, Ebay over the Ecommerce Business. Many People were selling other people’s products or services through Affiliate Marketing, PPC & CPC They were generating visibility for other people’s products & services and believe me very few people were know about this. I have mentioned most common biggest mistakes ecommerce entrepreneurs makes in starting.
The time has been changed now, many affiliate marketing persons has started their own Ecommerce businesses and running very successfully. Shopify has done very great role in their success. agree?
At the initial stage everyone is very new to the E-commerce Business, everybody look for for a business model where he or she can control the whole business.
Building an ECommerce Business is a real asset. It is something that we control the whole process from generating the visibility to delivering the packages. this is not just a campaign that or this is not the work for other companies or products and services.
But Most Ecommerce Business Entrepreneurs makes common mistakes, and this mistakes can be the stumbling stone in their success.
This is very initial stage of any Ecommerce Business. When you come up with any idea, you should do some market research about your competitors, what price and quality they are selling. How you can manufacture your product at very low price. This all things comes in Market Research for Ecommerce Business. But Many people spends too much time over the product selection and Market Research as well. .. Please avoid this. don’t spend 2-3 months to finalize your product.
Think about your product but don’t get stuck there, there are many more things where you have to utilize your time.
The most intense thing of E-Commerce business is entrepreneur gets too much emotionally attach with their business. they put so much energy and efforts to develop it, that is great. But If business is not going on success track, they put all the money in it. This might be very risky for future.
Focus on only one aspect instead three main aspects
1. People focus on One side of their business. they give very less attention to business visibility. they focus more on Design & features.
2. Focus only on conversion side – They focus to convert your viewers into your buyers, yes this is very important. But they avoid working over product quality and price competition. They use all the methods like social media. Landing Page, coupon codes. Exciting offers etc.
3. Focus only on Repeat Business – They think only over How to engage people with their Business so they can buy every time from my website.
but for the successful Ecommerce business one must have attention on all three areas
and if above three Biggest Mistakes Ecommerce entrepreneurs will avoid. I am sure He will step forward towards success.
What am I missing here? Let me know in the comments and I’ll add it in!”