If you are into ecommerce and selling on marketplaces like Amazon, Walmart and eBay, you’ve got to understand your product costs, postage costs and commissions in order to truly understand whether you are profitable or not. Otherwise, you will see a lot of sales but your bank account will keep getting depleted till you are out of business.
Tag Archives | small business
When your market is being overrun by a bigger larger competitor, what do you do? Do you think you can fight back and compete or do you pivot and change your business to focus on a niche that you can compete in?
Ecommerce is booming – are you thinking of joining the movement? Which ecommerce platform will be best for you? Let’s discuss…
Small businesses in the 80s and 90s were doing a better job at CRM. Then they were called CMS or Contact Management Systems. Most small businesses purchased a PC based CMS like ACT or Goldmine, EMIS or Maximizer. There were many others. When the commercial internet took off, people got more enamored about having a […]
Have you ever wondered why Google searches don’t pull that many local small businesses and you end up with big national chains in search results even when you would prefer to give some of your business to small local businesses. The problem is not with Google. It’s the small local businessman’s reluctance to embrace the internet …
You see all these stories about people making it big in ecommerce and you may wonder if you can be part of this global trade phenomenon. Maybe you have some ideas but don’t know where to start. This article should help you get started.
Do you have a small business? Do you fear that if you create a website, it will look bare because you have such few products? Well this case study will help you plan out your website and play with the big boys.
There are so many ways in which you can increase your sales without going through a massive effort. Minor subtleties can add to your bottom line and strengthen your relationship with your customers. Just because your customer didn’t ask for it does not mean you cannot quote it. You end up helping your customer save […]
There are many ways to increase sales and profitability. You can try to acquire more customers but it is a bit expensive. One very effective way is to increase sales by selling more to the same customers through slight variations and bundling of accessories. Customers that are buying from you already have put their […]