Reply To: Ecommerce business

[Muthu]

Hi All,

1. Do you have the correct goods or services to offer for sale? You might believe you do, but without the right validation, your firm is in great danger of failing very rapidly.

2. How well-versed are you in your target market? Can you modify your offer to appeal to your target audience?

3. Do you have a comprehensive marketing strategy? Prior to launching the website, you should begin your marketing campaign. Your marketing plan should outline your marketing objectives, financial constraints, and technological difficulties.

4. Which business model best serves both your target market and your products/services? Private sales, daily specials, multi-vendor, SaaS, etc. might all be options.

5. Can you guarantee an appropriate development budget without affecting your marketing, logistics, etc. budget?