India is a country which is known for its best consumers. As per the statistics of IBEF, India’s e-commerce sector is expected to reach US$ 111.40 billion by 2025. Big giants like Amazon, Flipkart, Nykaa are the best examples to show how Ecommerce business has developed in India.
How to select your business audience:
Before starting an Ecommerce business, you need to decide what kind of the business audience you are going to target.
- B2B ( Business to Business)
B2B business type is very common in all the business sectors where the Seller will sell their product to any distributor or the retailer to take their product to the customer.
- B2C (Business to Consumer)
B2C business is where the seller directly sells their product to the customers without the help of a distributor or a retailer. This type of targeting has given more supply and demand than the B2B business type.
- C2C (Consumer to Consumer)
This type of Business audience will connect to the consumer by having a direct contact with the consumers, to understand easily, freelancing is the best example for this. Where people who have a particular skill provide that as a service to the people who want it.
This is the vital things that you want to focus before starting a ecommerce business
How to build an ecommerce store:
To do the Ecommerce business you need to have an online store (ecommerce website).that which has all the end to end integration of payment and delivery facilities. To build an ecommerce store it will take a lot of time. But because of the modern technology, you can start your ecommerce store in a marketplace like Amazon, Flipkart or You can select some SaaS based ecommerce online stores.
There are many SaaS based Ecommerce providers in the field,
1 Shopify
2 Big E Commerce
3 Dukaan
4 dSPEEDUP
5 Zoho Commerce
Post work of Ecommerce store:
After building an ecommerce business, you want to bring out your ecommerce business’s presence to the public. It can be done with the help of Digital Marketing. With that you need to create brand awareness among the people via social media. So this might give you attention to the people about your Ecommerce business. This will drive sales to your online store and make your business good.
Conclusion:
Remember the Ecommerce business is the biggest business industry. It will make a layman into a millionaire when it is made with good strategy. If you have any doubt in building a Ecommerce website or online store, feel free to contact dSPEEDUp.com