How is ecommerce affecting bricks and mortar stores? Have you transitioned online to compete and stay relevant?
How do these trends translate into practical tips business owners can apply to their marketing?
Is there anyone with experience or have heard good things about a dropshipping company? Can you share the pros and cons of the dropshipping service?
Here is a list of tips to start your eCommerce Dropshipping business today!
1. Select a laser-focused niche
2. Do an extensive market and competition research
3. Diligently identify and communicate with potential suppliers
4. Strategize and build a dynamic and responsive eCommerce website
5. Attract customers through a customer acquisition plan
6. Analyze & optimize metrics responsible for your business growth
If you are looking for an eCommerce drop shipping company then my suggestion is Fortunesoft IT Innovations
Can anyone provide a overview of what challenges might arise?
Hi Hatty. Yes it can be both. My advice to customers with new websites is that it takes time to rank. Thus, ads are a good way to start bringing in business in the short term. However, a good SEO campaign will ramp up traffic volumes and business, so over time, if you wish, you can then scale back the ad spend. It all depends on the returns you are getting as well as the scalability of your business.
Which eCommerce platform are you using and would you recommend it?
Thanks @Allisha Martin ... Some others are Salehoo, , Oberlo, AliBaba, AliExpress... Some tips in this article here...  https://www.savvysme.com.au/article/1961-eCommerce-tips--tricks
Hey There, I've just launched my new business - an online marketplace for plus size clothing. I had great traffic and made $1000 in my first week of sales - since then traffic has dropped and I...
Such great advice in the comments already. The small note I would add to that is to make sure you absolutely smash it with quality social media ads (and influencer) campaigns. In my experience, well run ad and influencer campaigns can really influence e-commerce sales.
Amazon may be open for business by Christmas in Australia. For a lot of online businesses, how should they improve to compete with the looming giant that' has already killed a lot of other businesses...
Amazon is already in Australia. There are a lot of dodgy traders out there that will be in trouble, however they should be. So many people buying from Amazon and ebay then reselling with a massive mark-up. A few years ago I caught out Wow sight and sound doing this and a number of other companies.
In reality if you are selling your own products there are no issues. If you are reselling products with massive mark-ups you should be worried.
Amazon isn't a company people should worry about. They are not the biggest threat to online business. You can buy the products Amazon sell direct from the factories if you wanted to compete with them. There is no reason why any online business can't do the same as Amazon.
I believe the biggest issue is import tax and internet. Australia is too far behind the rest of the world when it comes to this space. The internet in Australia is too slow. The NBN is not true fibre, and even if you get Fibre you're not getting the real deal. Your getting a massively restricted product that you have to pay extra just to get a half decent speed.
So the real issue is, if you want to setup an online business that has any hope of expanding you need to be offshore. Australia does not have the infrastructure to accommodate. NZ, Thailand, Philippines, China, Russia, US, UK and most of Europe are all up to standards or well above. Australia, too far behind and there are no plans for attempting to keep up.
Making money on the internet is easy. Scaling that up to compete with Amazon just takes time, and time is something a lot of people are not willing to spend. A lot of people just want to have a massive online business now.
Who you use? Any pros/cons and perhaps any bad experiences! Please and thank you!
It can work and it can fail like anything. You lose a lot of control compared to stocking and shipping goods directly yourself. Drop shipping adds another layer between you and your customer and the drop shipper is never going to care about your customer to the same level you will within your own business. It's all third party arrangements with mixed results. Depends on what you're selling and who you're partnered with to drop ship which will determine the viability and potential succeess.