Now there are plenty of ways to go about selling your E-commerce startup, but when there’s a funds crunch and every resource counts, then you better be careful about each step you take. It pains me when people email me their ecommerce site and it’s filled with hundreds of merchandise, dozens of categories, and no real focus. Use social media to boost your model and drive traffic to your ecommerce store. Just like in any other website, choosing your area needs to be related to the product you will sell on your e-Commerce. Keep your name simple and easy to remember.
Having an inventory with best-selling merchandise, best ranked merchandise, prime consumers’ choices, amongst other segmentations help reduce the research time of the consumer and improves the experience she has in your page. The service keeps shoppers on ShopRite’s e-commerce site for longer, stated DeGraeve, and offers relevant ideas and products based on what they’re already shopping for.
Sea’s gaming business generates all of the company’s cash circulate today however likely has limited progress potential because the company hasn’t been focused on developing new games. Investors today appear to be bullish on proudly owning Sea to achieve exposure to Shopee which has huge market potential despite its lack of profitability at the moment. This is not an unreasonable bet to make as Amazon has proven that dominant e-commerce businesses will be highly valued by the market and don’t necessarily need to point out healthy revenue margins.