Difference between revisions of "readyebusiness"

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Latest revision as of 00:49, 4 September 2015

       

              

  

Over half a billion people have bought something on internet, that means 4 out of 10  internet users. Numbers  of internet shoppers are growing leaps and bound on a daily basis to expand the total share of  market of buyers. Below you will find few ideas to make your ecommerce business visitors into buyers. One of the good ideas is  remarketing.Let me explain what I mean by remarketing. Everyone who came to your site to shop but did not buy.Those prospects are easier to convert into sales on  the second time they visit your store because they are familiar with your products and store.

Another good practice would be to check your prices compared to you competitors. You want to make sure your prices are competitive and you are not over priced so that you not thrown out of the market.You  should check every week prices for the most important products you sell just to make sure you are not overpriced or under priced

Another very important aspect of ecommerce business is the ever growing number of mobile and tablets users. Your online business should be mobile user friendly,so it will not discourage  your prospective buyers to convert into sales.  Mobile site are  different in format than desktops. Remember your customers will be seeing your store and tapping on a very small screen. Now try to make this experience productive and user friendly so they will find what they were looking for and in return you will have a sale. Make your mobile website simple , concise  and pay particular attention to the letter size.  Letter size is big enough to be  legible on small screen.

Ecommerce Business Opportunities

Another good idea is to discover niche markets which means narrowing your  products to a certain segment of market. When you start an online business there are plenty of untapped markets for you to explore. These markets are  within the industry that have a lot of potential and have not become saturated yet. This way  you can tap into  one of these markets after learning the basics of that niche product.  When thinking about a niche market, imagine the whole market  in terms of a pizza. The whole pizza represents an entire market and that is usually well established.Now you cut out one slice of pizza and that slice becomes a smaller market all on its own. You don't have to worry about selling the whole pizza,you concentrate your focus to that single slice of market. For example, pet industry is made up of 34 billion dollar industry which includes all the money spent on everything from veterinarian visits to cat food
Within this market pet insurance is a smaller slice of that market and it is a growing niche. The research has shown that pet owners spend close to $800 per year on veterinarian bills. With this high costs only 5% of pets are insured.So that means 95% of that slice market is open for grab. To address this demand opening an online  pet insurance plan business or buying an existing internet business for sale is a good idea. Similarly, there are many other niches available to choose from which can create a significant amount of untapped market.

Maggie Marie

09/01/2015

 



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