Commerce Business For Quarter Million Dollars ($250,000)

BMB10542 Profitable Ecommerce Promotional Food Business For Sale

We have a fully-functional and unique e-commerce website business, specialising in the retail niche sale of high quality, fashionable and affordable plus size shoes for women (10-14). Will make sure that the right foundation, structures and processes are put in place to ensure that staff welfare is well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner.

Ask yourself, in the long run, why should customers buy from me?” If you’ve got a drop-ship business with no competing advantages (i.e. pricing, fulfillment, customer service, etc.), and can’t think of any legitimate, unbiased reason for someone to buy from you, then you don’t have a business.

We don’t have a review on Ecwid, but I know they’ve been in business for many years now ( see their website here ). While it’s always preferable to use the native” ecommerce tools built by Weebly, Ecwid does offer a much broader set of tools / features for users.

We want to make you aware of all the important implications that come with conducting business online so you can prepare yourself and carry out all the necessary steps to ensure everything you’re doing meets the legal requirements for an online business operating in the United States.

This type of commerce has developed greatly, due to the advent of the web, and there are already many virtual stores and malls on the Internet, which sell all kinds of consumer goods, such as computers, software, books, shoes , cars, food, financial products, digital publications, etc.

Universities and colleges across the U.S. are brimming with new business ideas from student entrepreneurs that can be a fantastic source of inspiration for every aspiring entrepreneur, from school right the way through to retirees looking to start their own business.

The site should look attractive and easy to navigate with the faster load time as the slower site will lose the interest of users, and you will lose the important business so always go with the best website development team and create a best attractive E-Commerce site for your business.

An eCommerce site is the most direct form of online business you can start; with a self-hosted eCommerce site, you will be selling your goods and services directly to your customers, without a go-between” such as eBay or Etsy (we’ll get to those more later).

If possible, I’d try to run the business as profitably as possible for the 12 months leading up to the sale so you’ll get the best possible price for it. A business broker can be helpful if you’re not familiar with the process, but if you are relatively smart, can put together a 20-page sales piece on the business and don’t mind promoting it yourself you may be able to save some money without them on the commission.

Similar results are seen for US companies also (Table 2) where the results found no significant relationship between the business performance measure revenue, the companies’ total number of employees and the hyperlink metrics for retail companies’ e-commerce websites.

Amazon could change their rules or regulations tomorrow, and it could put us out of business on Amazon or really cut into our margins, but as long as we’re focusing on the website as well, I kind of see it as a great opportunity, like you might as well take the money while it’s available.

Whether you’ve gained your experience through working with a number of different startups or learned the secrets of business management in a more corporate environment, helping other entrepreneurs achieve great results can include everything from business planning and forecasting to liaising with banks and institutions.

Sell Online On Flipkart

Commerce Business Worth?

In an age when consumers don’t just want instant gratification but expect it, the online retailer is king. Chitrangana’s business consultant help eCommerce clients to find the best online business project, eCommerce technology development, positioning strategy,internet marketing and back end management systems, procurement and effective orders to minimize their work and offer a shopping experience focused on the user.

Therefore, starting an ecommerce business by launching a website is more recommended for those Entrepreneurs looking to sell niche products or have a long-term vision for establishing a large successful ecommerce business backed by private equity investors.

Cbazaar, an ethnic fashion brand which sells its elite collection of 25,000+ clothing to clients in over 50 countries, needed us to better their ecommerce face, Our ecommerce website design experts worked on the responsiveness of the site to provide a full blow experience for users across all browsing channels and tested it under several scenarios to perfect the outcome.

Self doubt, uncertainty, stress and depression are common among entrepreneurs and can take down a business faster than a product recall Business is not for the faint-hearted, especially the online business arena, where competition is fierce and failure is part of your daily schedule.

Pee Safe is one of the first toilet seat sanitizer sprays available in India that ensures protection against 99.9% of diseases caused by germs and bacteria commonly found in public restrooms, such as Staphylococcus aurous, Pseudomonas aeruginosa and E coli.

While it is certainly true that a significant amount of that growth came from large retailers like Amazon and Walmart, many small retailers selling items on marketplaces like Etsy or via nearly turnkey ecommerce solutions like Shopify or Volusion have also had an impact.

When he is not helping store owners generate more sales from their website he spends his time contributing to various magazines and online publications, writing in his popular Ecommerce Optimization blog , and developing products that help small to mid-size ecommerce stores leverage the power of the Internet.

It could be that you’re passionate about solving a problem just as much as a topic, industry or hobby you’re interested in. For example, while Andrew Horner-Glister developed MCA into a eCommerce store due to his love for digital and motorcycles, Max Valverde started Morning Head due to his determination to eradicate the annoyance of bad morning hair.

Commerce Business Plan

Free Business Plan For Online Startups

We have analysed ecommerce businesses (including dropship and digital products) side by side in our 2016 ecommerce business valuation report. For example, the Payment Card Industry Data Security Standard is an information security standard for all organizations that accept payment from the major card schemes (Visa, American Express, Discover, etc.). Adhering to this standard will help ensure secure transactions, but online businesses should also use Secure Sockets Layer (SSL) protection, which encrypts the transactions and is necessary for accepting credit card transactions.

Please bear in mind that a business (Like anything else) is only worth what somebody is prepared to pay for it. So in my case, I value it at £14k + assets and with my bank on side, could and would pay that tomorrow, leaving me, and Santander with a healthy ROI.

If you have a background in social media and marketing and a passion for photography and Instagram, starting a consulting business that focuses on the popular photo app can be a great way to make money while helping other businesses improve their content and thrive.

I would like to start and build upon say a few sites generate 300-500 a month and build upon to 1000 then 1500…..then 3000 a month and so on. I don’t expect the 4 hour workweek” and I am willing to put hours even 40 hrs to build and maintain as it would be building a business.

MUMBAI: Singapore Technologies Telemedia, an investment unit of Temasek Holdings, has emerged as a strong contender to buy Tata Communications’ data centre business in a deal estimated at about $700 million (Rs 4,421 crore), people with the knowledge of the matter said.

If you are thinking about creating a profitable eCommerce store from the scratch, you need to take care about a lot of things from defining your target audience to marketing to them properly to SEO to link building to reaching out to the influencers in your field.

It’s the creativity, the passionate community, the easy and direct mobile access, along with the crucial support from Facebook that helped to make Instagram popular, making it today one of the most important social platforms, especially for ecommerce brands that want to reach new prospects, with the ultimate goal of converting them into loyal customers.

In the administration panel, the responsive design is generally good, making it possible for store owners, managers, and marketers to access store information and effectively run the business from just about any Internet-enabled device, including tablets and smartphones.

By writing a business plan you will naturally have to discover more about the market you want to operate in (and mind you, that includes not only the niche but potential customers, the product demand as well as the competition) and also your business.

Marketers are already very familiar with defining SMART goals and objectives , but the main task for an analytics agency that oversees such a large scale project is to create a universal implementation framework based on country specific SMARTER objectives.

If you intend running a successful e-commerce business, you would have to treat the business as if it were a thriving offline business, this might not seem easy especially if the business isn’t fetching in millions yet, however if you want your business to be successful, you have to act like it is already something that is bringing in the big bucks.

Recently, I was going through a business forum and I saw a particular topic created where advice and assistance were being given to car owners who had issues with their vehicles and there were so many people interested in one information or the other, so I thought to myself What a wonderful business opportunity” so I decided to check if there were people offering such services on the internet and I found out there were few of such businesses.

The actual launch of your subscription eCommerce platform should actually consist of two phases: the very first shipment, with special bonuses for the original subscribers, and then the subsequent shipment, which will set the tone for all shipments to follow.

Transacting business online is much more technical than doing it in the real world, which is why a lot of people search for experts in this field that would see them through and help them establish their e-commerce business, help them build and improve their websites, show them how to hawk their products on the internet and build an effective mailing list for them.

Now while this could read as a lesson on why you shouldn’t invest in frozen yogurt, the true lesson as it ties into ecommerce is that if you plan on buying into a trend, you will pay a premium valuation while taking on increased volatility – the worst of both worlds.

6 Reasons To Sell Your Ecommerce Business

How To Lose Your Home Buying A Frozen Yogurt Franchise Or Ecommerce Business

All of our E-Commerce and Home Based businesses for sale are listed for you below. While in the past cheap shipping was one of the big challenges that many eCommerce businesses faced, today the wide availability of shipping companies as well as innovative shipping models such as drop-shipping means you can ship you products for free locally without going bankrupt.

Okay, so we have considered all the requirements for starting an e-commerce business We also took it further by analyzing and drafting a sample e-commerce marketing plan template backed up by actionable guerrilla marketing ideas for e-commerce businesses.

In their new Arvato Insights report Business Intelligence,” e-commerce experts Christer Pettersson and Marie Honningdalnes examine how data-driven business intelligence is an invaluable asset for e-commerce merchants who want to build a better business.

Under the Home Office Scheme, owners, tenants, or persons authorized to live in private or HDB (Housing Development Board) property are allowed to conduct small-scale businesses within their homes, as long as their business activities do not fall under the scheme’s negative list.

We need to first note that Amazon is one Goliath (Giant) of an organization which has stakes in multiple entities and businesses that it was a difficult task to collate all of them, go through their SEC filings etc to actually arrive on a conclusion as to what could be the way of what could be The Amazon Business Model.

If you are intimidated by the task of writing a business plan, are stuck in some difficult parts or if you prefer to spend your time on other priorities, you could employ the services of consultants or researchers, while supplying them with information that can be used to create the precise picture for investors or you could also decide to download a template online that would guide you on how to write the business plan.

This paper tried to answer three research questions in terms of verifying the relationship between the hyperlink counts of retail company Website and its business performance, higher visibility on the web between USA and Asia Pacific retailers and the relationship between the age of the website and the external inlinks to the website.

As with web development or marketing project proposals, it’s hard to define a one size fits all approach to business plan development, but starting out with the above format can turn what may at first seem a horribly complex task into a more manageable undertaking.

With powerful yet intuitive e-commerce platforms such as Shopify, complete accounting and financial management solutions like Intuit QuickBooks, and easy to use small business inventory management, sales forecasting, and business analytics tools like DataQlick, managing an online business has never been easier.

Weebly recently partnered up with Google Business Apps so I believe you can get a coupon to get a slight discount when you sign up with Google email services which allows you to use your own custom domain as your email address (we use Google Apps for this website as well).

You will not get rich driving for uber, but you can work during the hours you want to work and it may allow you to pursue a small business idea you are more passionate about.Miranda marquit, who is a freelance writer for my site, has created a full-time small business out of her freelance writing work.

You know what they say about website is that it is not my need and actually some people are doing business to a limited extend they do not want to grow business which they can not handle alone so there might be a point that still in now days website is not important for some business.

If this new territory is in a new country or continent, there might be too many new cultural issues to take care of. As if setting up a new business was not difficult enough to begin with, a whole new cultural setup could make your business infeasible.

Online Website Businesses For Sale Australia

Commerce Businesses For Sale In The UK

Part of the valuation process is looking at historical sales of ecommerce businesses and comparing your business to those. Whether it is the niggling issue of a potential bubble, or examining interesting trends (like the emergence of app-only offerings and the online furniture space) or understanding the new Snapdeal strategy of spawning its own supporting ecosystem, Forbes India’s editors bring you a comprehensive look at the ecommerce space in India.

While technology won’t help you too much in figuring out what business to be in, what products to sell, how to manufacture / build your product, it does give you the capability to showcase your products online or help you process sales so the money goes from your customers into your pocket, in a much faster and easier way than ever before.

In addition to turnover and the fees earned through facilitating goods, services and payment, selling delivery and supplemental services (e.g. cash-on-delivery, alternative delivery methods or locations) is becoming an increasingly important source of additional revenue and methods of generating customer loyalty in the ecommerce business model.

While some tools address various aspects of the needed analytics, this tool is the first solution to combine site-side analytics with consumer behavior data and present them visually in real time, enabling the retailer to make better business decisions around the data in much shorter timeframes.

If you best in something creative field or tutor or business consultant then you can create videos series of your skills or provide Certification course through your website or there are lot of other platforms in India like TutorCity, MyPrivateTutor , Urban Pro and many mores which provide platforms to tutors to finding their clients.

Thomas originally co-founded FE International in 2010 having owned and run several successful websites in a variety of niches, He is a respected expert in the industry with particular experience in due diligence, online business valuation and strategic exit planning.

On top of the 28 day plan you’ll also get a handful of bonus modules that cover video SEO, Google Shopping Optimization and a section called Protecting the Downside, which is all about protecting the valuable asset that is your ecommerce business…there’s at least a second 28 day action plan (probably more) in the bonus modules alone!

I will still bet for EBay becoz its a Mall kind of shopping experience and as a shopper i myself can choose the Seller of my choice based on feedback…If u check rates on both Ebay and Flipkart, The rates of Ebay are lowest becoz of competition among sellers & at the same time we cannot rule out dubious sellers initially but they will be out of business soon as they will not be able to survive in cut throat competition.

For example, if you were running an experiment with 2 goals and 2 variations plus a baseline, at 90 Significance, you would estimate your secondary goal to require the number of visitors it takes to reach 100 – (100 – 90)/(22) = 97.5 Significance with 1 goal and 1 variation.

However, in case you are just starting up and funds are a limiting factor, get help from online sites such as WordPress or or For competitive rates, these sites offer basic services that you may require to set up an online shop – services such as uploading your product/services catalog, payment procedure, handling queries and online orders.

Most people tend to think about ecommerce, and retail in general, in terms of Business to Consumer (B2C) transactions, since as consumers, that’s the form in which we most often encounter it. With that said, the expansion of different types of Consumer to Consumer (C2C) ecommerce, which I’ll look at in the last section, has made its dominance much less absolute.

The common wisdom is that the first business into an unserved or underserved market captures the largest share of the market and is in a better position to survive and might even increase its market share in an economic downturn that causes competitors to go out of business.

Commerce Business Sale Valuation

What Make A Million Dollar E

This business is for serious online retailers looking for a full time business and can be easily scaled with additional investment into expanding inventory. If you want to be a success in 2017, now is the time to set your e-commerce goals, and the secret to setting the right goals is to follow the SMART plan, make an honest, accurate assessment of your current situation and identify what you ultimately want your business to achieve.

If you are looking for an analytics tool that allows you to consolidate raw data, manipulate data streams, incorporate business logic and build a beautiful custom dashboard in minutes, I’d recommend you check out Joojip – Stream Analytics – as – a – Service I work here and I think we’ve got a pretty powerful product that solves a problem.

In this case the company manufactures tangible products and supplies intangible products in a foreign country; does not operate a branch in Singapore; hosts its website with a Singapore web-hosting service provider; and the website enables customers to place orders, make payments and receive the delivery of tangible goods physically or intangible goods online.

Commerce Bee Business Intelligence” solutions helps you to run and administer various business processes that ably assist in streamlining the business and prepare factual business reports based on the business done over a particular period of time on various business related issues.

You’ll need some extra space at home if you want to run this business out of your house, but with a well-organized basement or garage space, you can do it. E-commerce is a huge business, and it’s an especially appealing one for small business owners who can’t afford to rent a retail space.

It’s important to keep in mind that some business model combinations will require a lot more work than others so be cognizant of the true amount of time you have to invest in your business and the time investment required based on your particular business model.

Since India bans foreign direct investment (FDI) in online retail, Flipkart has devised a complicated maze of many inter-connected and some purportedly independent entities that receive the massive amounts of money it raises to build an integrated e-commerce business.

So, in June 2009, a few months before they received their first investment of $1 million from Accel Partners , the Bansals set up WS Retail as the company’s consumer facing entity and Flipkart Online Services (FOS) was turned into a wholesale cash-and-carry business.

We run a online ecommerce website based on Magento and have data spread across Mysql , NetSuite(WMS), Google Analytics, QBit (tracking), ExactTarget ( email), New Relic (systems) etc To grow our business and open up new markets, we need to relate & analyse these data in one single view and quickly create reports for business decisions.

If you are looking for blockbuster ecommerce business ideas that favor the small, check out this infographic (below) from Austin, Texas-based ecommerce platform-making company Bigcommerce Analyzing data provided by 50,000 of its own clients for the past year, Bigcommerce determined that auto, jewelry, toys and games and pet care are fast-growing areas where one-of-a-kind merchants are outperforming their big-box or chain store peers.

We can call it Business roadmap as you always required the plan to achieve goals and this business plans to go to help you to achieve your goals as you always have the plan ready on paper so you can get the maximum productivity without wasting any time.

Page Business Plan (Use This Free Template)

Ecommerce Business Plan Template

An established ecommerce business with 2-3 crores in revenues and established profitability is for sale. She has a background in Business Development, Project Management, Financial Analysis in technology Sector, Product Management, Business Planning, Strategic Analysis, Corporate Finance roles and led R&D related projects in the Intelligent Network services domain for major telecom partners in India, Australia and France for more than 14 years.

If you are writing a plan for a business for which location is important (for example a shop or a restaurant) or if you are managing a large business with multiple stores or factories this is where you would describe (ideally using a map) the main location(s) of your business.

Traditional Business Intelligence approaches usually means an army of engineers to build complicated ETL processes to clean, process and aggregate data, turn unstructured data into a relational form, then build and provision a data warehouse to store the data.

It wasn’t until I went to an online business conference when someone recommended the tool to me. It turns out, I completely wiped out the costs associated with collaboration tools, and discovered that Trello is one of the cleanest, most user friendly systems you can find.

I think the best business opportunities in 2016 almost come from new technologies, which don’t have many competitors so that we can reach our potential customers and offer them our product without caring about the competition of other suppliers in a period.

Draw a plan of your navigation structure and decide how and where each added tool and feature will fit in. The process of setting up your e-commerce website can be very time-consuming, so it is advisable to hire the services of a seasoned website designer or programmer.

One advantage of running an internet business is the reduction in ‘physical’ overheads; you don’t always need to have a retail premises, although depending on the size and type of the operation you are likely to still need some physical space for warehousing and administration.

Now if you are an established business in a price driven market, investors will expect you to do the exact opposite: outsource services only if it makes you save money and try to limit margin frictions to the maximum by using economies of scale to either increase your margin or reduce you price to increase market share.

However, if you are a new business, just starting with an open mind and profitable product range, then checkout the top sellers in the various categories on the Amazon website and you will be absolutely amazed at the diversity and sheer range of products that are selling on there.

Template & Sample Form

10 Steps To Writing The Ultimate E

Patented High Tech products with Exclusive Manufacturing, Sales & Distribution for an International market. If you really want to grow your e-commerce business at massive scale, you need to fully commit to your business as if you already had hundreds of employees, dozens of retail locations, hundreds of thousands of unique visitors coming to your online stores, and a responsibility to grow your sales and profits each and every day.

Some of the most popular options to use for building an online retail store include Shopify , Bigcommerce , and Wix eCommerce The great thing about these sites is that they allow you to purchase your own domain name, as well as provide you with the basic tools and instruction that you need to build your website from the ground up.

So she has a background in it, and right now she’s just learning the fulfillment side of things, but my goal for her is to kind of take over a lot of the inventory management, so purchasing, receiving, even Amazon FBA, all of those sort of things that I’m doing that kind of make it tough for me to focus on a lot of my goals.

Everything from addressing cart abandonment to increasing faster website loading speeds, from adding more content to improving copywriting, or even just changing out payment processors to shave off a few cents on fees, can improve an ecommerce business’ value.

यह हमेशा से online business का best idea रहा है. इसमें आप को किसी भी Website के affiliate program में जुड जाना पड़ता है. और उसके product का marketing करना पड़ता है. अगर कोई उस product को आप के Through खरीदता है तो आप को इसका commission मिलाता है. आज internet की दुनिया में online money making करने के लिए affiliate marketing का बाजार बहुत ही बढ़िया business choice है.

You need to know your conversion rate, the lifetime value of your customers, where your customers hang out, how to advertise to that demographic effectively on the platform where they hang out, and manage an endless list of things to do to get the business up, running, and hopefully growing.

We signed the agreement a few days later, funded the bank account with some initial start-up capital (we needed this to meet the minimum business account balance requirements with Bank of America), and I started my search for a programmer who could create my vision.

Pricing is one of the key factors that gives leverage to online retail stores, it is normal for consumers to visit online retail stores where they can goods at cheaper price which is why big player in the ecommerce industry like Amazon will continue to attract loads of consumers.

But if you look outside Europe,” Berndt adds, we have online sales growth numbers that are even higher in emerging markets.” He points to regions such as China and India, where internet access has been slower to develop initially, but has been growing rapidly of late.

The entire Organisation needs to elevate itself and graduate to new web enabling platforms where speed, information, visibility and co-ordination of multiple transactions, seamless working of applications connecting different business processes form the components of the business chain.

There are also a handful of ecommerce sites which are C2B in the more straightforward sense of consumers selling to businesses”, such as Upwork, a platform for freelance professionals and contractors to advertise their services for hire by businesses.

Of course, if you do acquire a business, whether you take it to the next level or drive it into the ground is contingent upon your experience and ability to run it. If you are new to the process, buying and running a business could be more of a learning experience than anything else.

Products are well represented and overall good ecommerce platforms as on. After a year we have successfully launch web to print eCommerce addons as PrintCommerce for PrestaShop 1.6 which is more customization about online product design with better responsive for online promotional products.

India Entrepreneur’s Club is an information destination, disseminating latest news, Success & Failure stories about Entrepreneurs, Business owners and Intrapreneurs with an aim to motivate and educate them to develop and expand beyond defined boundaries.

If you’re just starting out in ecommerce you’ll still get some benefit but honestly, if you aren’t making consistent sales you’d be better putting your money, time and attention into Google Shopping or another paid traffic source in order to get solid rolling momentum in your business.

Buy Ecommerce Business Or Set Up A New One?

Work From Home Business

This website is a portal used by various Sellers to advertise their businesses for sale. In this case the company supplies tangible and intangible products in Singapore; does not operate a branch in a foreign country; hosts its website with a web-hosting service provider in a foreign country; and the website enables customers to place orders, make payments and receive the delivery of tangible goods physically or intangible goods online.

Any consumer can become a vendor by putting an item up for sale on an online marketplace; the subscription craze is seeing all kinds of goods being delivered in boxes and parcels to people’s doorsteps; social networks have become retail outlets with the advent of social shopping.

If one was to compare their higher pricing plans to other website builders such as Weebly (their Business plan is also $25 per month), or Shopify (a dedicated online store builder) which starts at $29 per month, Squarespace’s monthly pricing is pretty aligned given the tools they provide you.

Honningdalnes says retailers who want to take advantage of customer insights require a payments partner with open and transparent systems that provide easy access to payments and purchase data, and who can assist with analysis that extracts business value from the data.

If you are looking to apply for a bank/SBA loan, to obtain funding from private investors, to lease a space for your business or to avoid costly mistakes when starting or expanding your business, you would benefit immensely by obtaining a professional Business Plan.

The company description: Delving deeper into operations, this section provides a longer look at what a business will do and how it will do it. Important components to mention include the purpose of the new venture, as well as the part of the ecommerce market it’s targeting.

Among the participated business sites, there were conflict and war zone, such as Iraq, Congo, East-Timor, Cambodia, and Russia project related business matters were operating, even if work status was not extended from the participated business sites as usual.

Another advantage of putting together a business plan for a new venture is that as you’re developing the document it may become apparent that there are fatal flaws in your original concept; forcing you to reassess, change strategy or perhaps even abandon your idea.

In this exclusive report from BI Intelligence we look at how prominent players in five separate categories have tried to build a subscription-based revenue stream alongside ad-based businesses: the categories are video, music, news publishing, social networks/messaging, and dating apps.

If you don’t find what you are looking for consider setting an email alert and we’ll notify you when a business matching your criteria is listed by a business seller, in the meanwhile why not contact a business broker with experience in the best Singapore businesses to fit your needs.

Choosing A Profitable Niche

Choosing Products To Sell Online

Searched the DealStream database for Internet Businesses For Sale and found the following matches. And while you won’t have to create massive spreadsheets with pivot tables to guide your decision (bonus points if you do), using market research to help confirm your product selection only increases the chances of you launching a successful online business.

How brands can capitalize on the trend: So, while Ecommerce companies must aim to produce interesting, inspirational or relatable stories, they will need to find ways to get that thoughtfully created content in front of potential customers In the absence of an advertising budget set exclusively to promote content, stores can also add visual content — images and video — to their product pages.

Right here, Anik Singal’s inbox blueprint 2 bonus shows you the best ways to compile affordable knowledge from the leading performers in your specific niche and utilize these exact same strategies with your customers, and afterwards he discusses the 3 criteria you have to consistently look upon as before promoting a deal to your listing with the new Inbox Blueprint 2 software.

Everyone is busy making money and minting a fortune, albeit the small scale retail business owners and manufactures, who find it really hard to find a good market for their products, as competing with online marketplaces like Flipkart and Snapdeal has proved dearer for their businesses.

A business plan will help you in making decisions related to finances, buying, selling, marketing, target audience, what products to sell, where to buy those products, when to buy those products, what pricing model you need to use, how to handle shipping, customer support, customer engagement strategies and everything else.

For example; the book showed us how to cut costs and expand our company by using the Internet’s technology for routine business activities such as supply chain management, customer service, marketing, and human resources-an enormous cost savings for us. Each chapter focused on the essential components we needed to employ for our business model; this book is the only one we found that could help us do this.

So, I’m going to argue that whilst I think it’s important to have the best ecommerce website possible, I don’t think a website can be considered to be a determining factor, per se. Clearly there is a complex interplay between website, brand and other factors.

But in other cases the answer is no. Success figures for ecommerce are hard to come by, but 1-5% is the figure bandied about the Internet for small companies that start from scratch, i.e. don’t build on the back of a successful bricks-and-mortar operation.