Published on June 26, 2008 Making money from ecommerce
How do you make money from an ecommerce website? What kind of e-commerce solution do you need?
Why are so many businesses adding ecommerce to their website? New ecommerce websites are appearing every day and turning retailers into etailers. What’s more, many existing businesses are realising that they need to have an ecommerce website to stay ahead of their competition.
Luckily it’s not too late to get online and there is tremendous potential for any business to grow and reach new customers through taking advantage of customers who want to buy it now online.
How do you make money from an ecommerce website? What kind of ecommerce solution do you need? How much money you can make will largely depend on the effort you’re prepared to put into selecting and listing products, writing appealing product descriptions, choosing your prices, checking out what your competitors are doing and ensuring your site is easy to navigate, leads customers easily through the checkout process, and the order fulfilment process is not too onerous for you.
Done well, an ecommerce website can provide significant financial returns with limited initial investment and ongoing involvement.
How do you make money from ecommerce? Here are some ideas for an online store.
What makes a great ecommerce website business?
Why are so many businesses adding ecommerce to their website? New ecommerce websites are appearing every day and turning retailers into etailers. What’s more, many existing businesses are realising that they need to have an ecommerce website to stay ahead of their competition.
While almost anything can be sold online (look at the success of auction sites), some things are particularly suited to online stores as they help small local businesses compete on a level footing with huge multinational corporations.
That’s because no matter where you are physically located, in the online world people visit the same places to find things – search engines and directories. If you have a good site, make it easy for customers and have outstanding customer service, people will keep coming back.
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