In part 1 we discussed the growing trend of eCommerce and first steps you can take if you have an existing business or ideas on products you can sell to start you own online shop.
The next step is to decide on your market. Is it:
Business to Customer (B2C)
B2C is the most popular retail model in which business sells to individual users directly.
Business to Businesses (B2B)
Providing goods or services from one business to another.
Consumer to consumer (C2C)
In this model consumers are selling products and services among themselves.
Consumer to business (C2B)
This is where the consumer sells goods or services to businesses.
Revenue Models – How are you generating products to sell? This can be drop shipping, Print on Demand, wholesale (requires inventory), manufacturing (you are the creator) or subscription model like webinars or courses.
As soon as you figure a market to reach you can get your products together and get to the fun stuff.
Watch for the final post – Finally the Fun Stuff!
Please feel free to reach out to contact us for more information.
Missed Part 1? Starting an eCommerce Business? How to start – Part 1
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