Commerce Business In India
Browse and filter E-Commerce Businesses for sale in UK to find your dream E-Commerce Business. Having returned to India from Silicon Valley in 2005, Rahul has played a key role in the development of the venture capital ecosystem in India and has been an active investor in several high growth companies like Billdesk, LoyltyRewardz, Equitas and Naaptol.
Increasing internet and mobile penetration, growing acceptability of online payments and favourable demographics has provided the e-commerce sector in India the unique opportunity to fundamentally alter the way companies connect with their customers.
I have written a Harvard Business Review (HBR) article with MIT mechanical engineering professor Amos Winter on Engineering Reverse Innovations (July-August 2015) that describes a breakthrough innovation—a $250 wheelchair designed for the disabled in poor countries which has the same features and performance as the $7,500 wheelchair sold in the US. This article won the McKinsey Award for the Best Article published in HBR.
With other mobile-first nations being split between different social media sites (China: Weibo / QZone / Tencent QQ ; India: Facebook/Google+/Twitter; Philippines: Instagram/Snapchat/Facebook), Indonesia is unique because of its widespread use of a singular social media platform: Facebook (with more than 92 percent of Indonesians having a Facebook account).
In the competitive e-commerce landscape where ten of thousands of online retailers compete against each other as well as against Amazon, the single biggest mistake entrepreneurs can make these days is not to choose a specific niche or choosing one with very low margins.
Our intimate understanding of e-commerce businesses, membership based models, affiliate program and pay-per-click revenue generating sites, provides the expertise you need to maximize the value in your business and sell your site for the best price possible.
Once I was convinced there was money to be made in this niche, I knew I wanted to establish some sort of a business around it. I don’t exactly remember today how I thought about the Sam’s Club concept , but maybe because our family had shopped there for years it had come to mind among the mix of various other business models.
If you are looking at buying a website on a platform like Magento that you are not familiar with, you should definitely ask the seller for training on how to best use the platform or deep dive into tutorials on the platform before purchasing the business.
On one hand starting an online business, an e-commerce business is pretty simple, relatively risk free, and it doesn’t require a lot of startup capital, but on the other hand running a successful business also requires a ton of hard work, perseverance, and a little bit of luck.
In conclusion, while having a good business e-commerce idea is vital, it is necessary that you also have the basic understanding of e-commerce laws, especially if you are going to be selling internationally, or across state lines, as you might sometimes face different legal and financial consideration in regard to privacy, copyright, security, and taxation.