What is E-Commerce?
E-Commerce, also known as electronic commerce, is the process of buying and selling products or services on the internet, allowing people to conduct a business from home, without the constraints of distance and time. In fact, online shopping and courses have become so popular that everyone engages in it for one thing or another. This has brought flexibility of work hours and location to millions of businesses around the world, as well as international visibility to products and sellers. This has led to enormous growth in this industry with global retail e-Commerce sales projected to reach $27 trillion dollars by 2020. This boom has created an incredible opportunity for small businesses, parents with young children and the elderly to maintain a very profitable business in the comfort of their home, without high store rental overheads and employees, not to mention long store hours and travel time.
What are the 5 requirements:
1. Lap top, computer or smart phone
2. Staying connected with the latest online sites and marketing resources
3. Desire to succeed & work independently
4. Excellent customer service in shipping and response time
5. Discipline to treat it like a real business and dedicate required amount of time
Popular e-Commerce sites:
What are some of the perks:
Freedom of time, flexible work hours and location, business continues even when you travel, support from successful companies, discounts from companies in all industries, low monthly fees and operation costs, use of the back offices & sales tracking of sites, access to 1000's of established vendors, visibility to worldwide clients, online training sessions for marketing with the top leaders in the industry, the ability to build and grow your business while being with your family and so much more......
How to set up your e-Commerce store: