Do you sell a product online? Then you are an e commerce or online business vendor. Perhaps you sell cars, perfumes, jewelery, plastic goods, stationery, or just about anything which you supply to others. You may find that being an online vendor can be tricky most of the time and becoming really good at it may seem like an impossible task. But experience has taught that there are ways to stay on top, even online and become so popular that you will be recommended to others over and over.

Make your Display Attractive

On your website site, even though you do not have a store front on the street, you are definitely a presence and you need to make yourself visible and display your online business as if it were really your physical shop front. Take care to make your website accessible, easily navigable and advertize online, just as you would, offline.

Stay Up to date

Your shop window on the street certainly wouldn’t remain the same all through the year. Just as you change the window display, according to seasons, sales, holidays and so on, change your e commerce site display to match the times, the trends and the upcoming festivals or events.

Display Fresh Stock

Make sure that you change your inventory on a constant basis. Let customers know that you are not trying to sell outdated stock. Keep the site fresh with new products. If customers find the product being displayed over long periods, they will shun your site. So its important to stay fresh and keep displaying new items all the time. Customer’s will learn to purchase before the item goes out of view and stock.

Know what customer wants

There are a host of tools to assess the preferences of customers. You can use online business surveys and analytics to help you find out what customers are looking for. Plan your inventory according to customer needs and you will find stock starts getting sold out before you know it.

Keep Prices within Reach

Price your products reasonably. If your item is worth it you can ask for the higher price. But don’t overprice items beyond their actual worth. There’s no need to undersell either. Give them value for money so that you are ensured a steady flow of online customers. Don’t make it impossible to purchase. Customers will end up buying only one item a year.

Keep an eye on Competition

There’s competition in online business too and its more vigorous than offline. Track the growth of successful online companies. There are many tips you can learn and adopt from them. In fact they would be your silent mentors. Following their best practices will do you a world of good.

Be an online Socialite

Be prominently present on Social Media. Its free advertising and now people have it on their mobiles too. So don’t miss out. Market your products well on social media platforms and lead people to your website where they can shop and buy them.

Entrepreneurial Learning

Whatever product you sell online, you can master your online business by using a few techniques and become an outstanding vendor. You can make your presence felt online by following these best e commerce practices and success will follow. Reasonable pricing, good website, staying current, having fresh stock will all add up to the rewarding end result.

Leave a Comment

Your email address will not be published.

You may also like

Growing a Business

Want Great Guidance ? Find yourself a Super Mentor

post-image

They are the gods of small businesses, those inspired individuals who have achieved the highest levels of success. They can be the shining beacons who light up the path of running your business with their vision, wisdom and wealth of resources and contacts. They are The Mentors.

If you are fired with the passion to take your business to great heights, the best thing to do is find yourself a super mentor. Here are some tips to help in your quest

Pinpoint your Need

Sit down and focus your thoughts on your business growth strategy. Which area of the business needs a lift. Is is staffing, is it the finances, is it the production, is it the your lack of customers or is it the business as a whole that needs a makeover. Once you’ve zoomed in on the sore spot, this is where you need…

Read More
Growing a Business

Dreaming Big? You can Move Mountains with these Business Productivty Tips

post-image

You may be full of admiration for some people who seem to manage themselves and their work so usefully and efficiently. They seem to fit in so much productive work into the same number of hours which everyone has.. Let’s look what makes them tick and take a few tips.

Learn to identify your most productive hours

Its true, most productive people know which time of the day they can be most creative and efficient. They identify and allot these hours for the best part of their work. This way they are able to give their 100% awareness to the job and business productivity.

Early to rise- A winning habit

Waking up early is a personal habit that has all the plusses on its side. You need not necessarily go to work that early. It’s a habit that gives you more time for personal care, like mediation, exercise, walking,…

Read More
Growing a Business

Leadership Qualities that can make you an Icon

post-image

You may have reached the leadership position through sheer dedication to performance and a do or die attitude . Now that you are at the top, your viewpoint needs to change. You have to now be a role model, one whom others will look up to and follow. Here are some tips that can shape your leadership and management skills

Be Competent: Employees will look up to a leader who has good industry knowledge and management skills. If you do not possess these skills you should surround yourself with knowledgeable people who can offer good counsel. Competence is a trait all employees will admire.

Be Trustworthy: No one will look up to a person they cannot trust. Your employees will want to rely on you and count on you. In difficult situations, leaders are expected to apprise their employees of the situations and find solutions on how to address…

Read More
Raising Money

Are You offering Your Services Using the Right Pricing Strategies?

post-image

In these times of fierce competition, business people , mostly those that offer services and belong to the service based industry, are finding it a challenge to implement the right pricing strategies. It is virtually a struggle to set the right business price that will retain and attract the customers, and not drive them away. Follow these tips, the crucial dos and don’t s and you may be in a much better position to offer your services at the best price.

Maintain your Business identity and Dignity

If you are offering a unique or special product or service, don’t underrate it just because you want to build a better relationship with the customer. This will just cheapen your offering as another run of the mill. If its something special you are offering the customer, then communicate this fact to the client and get the equation right with the most…

Read More
Raising Money

What is a Fair Wage? How Do you Assess Fair Wage?

post-image

How do you figure out a fair wage?

This is a very common question for startups and small businesses. They can’t seem to decide or understand how to set wages and manage reputations at a time. They are determined to pay well but they also have to think about encouraging their employees to stay with them for a long time. This is why there is a need to think strategically.

Listed below are a few expert tips to help you decide:

Don’t Focus Only on Money

Money should never be the main focus for you or for your employees. You should decide on the wages in such a way that your employees are tied to your business. When your business does well they should be able to taste that success and vice versa.

Also, think about additional perks such as exclusive benefits and time off. Many employees value this more than the overall…

Read More
Raising Money

Tips to Winning Hard Negotiations With Ease

post-image

While some negotiations are easy, others are quite hard to win. If you stumble you will lose.

Whether it is a potential client or an investor, negotiations can be very tough and frustrating. The problem is that the moment you let your frustration overwhelm you, you will lose the deal and you will give in to whatever is being offered to you. In order to avoid that, here are tips to overcome tough times and to win even the hard negotiations:

Research!

Know your opponent as well as possible. This is the rule no matter what you do. You should understand your opponent to the T. Who the person is, what his culture is, what he thinks, what he stands for, how is his network, etc. are the questions you should ask yourself and answer through research before meeting up for the negotiation. Understanding the opponent will give you a great advantage.

Walking…

Read More