How To Become A Millionaire In E-commerce With The Following Simple Steps. Part 4.

Create your Online e-commerce store.

Online store represent a store which is online but as the physical products can’t be placed Online, you just have to make a representation of pictures or photos to evident for the physical store products.

Creating your own e-commerce online store needs a higher experience with this I would advise at least you get an expert in the field but if not you can do it yourself if you have software developing skills.

To create a very good platform increase your chances of having a successful e-commerce business as this is the most needed part which makes the e-commerce business.

Creating an online store in e-commerce business is the life of the life of the business as this markets your business to other person.

Here below is what you need in order to create e-commerce Online store.

You need a domain name.
This can be bought at around $10 per domain and after you can rename it after your favorite name this can be;

The following are sample names of e-commerce businesses;

• http://www.clothesdrop.com if it’s specializing in clothes including shoes.
• http://www.robeetelect.com if it’s specializing in electronics.
• http://www.msbooks.com if it’s specializing in stationery for office or school writing material.
• http://www.genex.com if you are creating for general products or service.
• http://www.speedmove.com if you are providing transport services and more others.

The advantages of e-commerce business online store may be;

• It shows guidelines to your new customers who have just visited site.
• Act as a counting notebook for easy management of the business.
• It saves Space as most of the products are displayed online.
• There is rapid growth as it advertises for the business.
• You can also be able to inform you customer or mentor on what you really can do in order to provide the best services.

If there is any I will not list any disadvantage of online store because either you want it or not it’s all important.

A good E-commerce Online store must have.

• An Attractive name and easy to memorize.
• The click screen points in order to direct the customer.
• The method of payment this mainly involves mobile money like PayPal and others.
• There should be guidelines to help the customer to shop.
• The space for feedback of your customers about your products and services.

How to promote your e-commerce Online store?

• You can use social media platforms to promote your products like if you have a massive friends or Facebook and Twitter you have a very good opportunity above others.
• You can use email, this is where by you collect as many as you can emails of different individuals and send a monthly or weekly email message informing them about goods and services.
• You can promote your online store by employing others people to work on your behalf for a commission pay this is when a person directs someone to you online and that person buys a product or service the person who has directed this person to the site gets a commission on the order bought.
• SEO or Search engine optimization, this is where you decide to use keywords or SEO tools this helps any person to easy find your services and products Online.
• Bonus or Coupon advantage, this also promotes your online store as most people refer to perfect and discount goods and services hence if you reduce your price on the products you get more customers.

Start now to build up your online store.

Maintaining your earnings in e-commerce business.

This is not a get rich quick scheme you have to work hard in order to maximum your profits if you are such a person who see success company and say what a luck company my friend you are done, all these great companies started with hard times and it was Persistence which made them what they are now.

One of the most successful business is Amazon with the head of Jeff Bezos as the Richest person in the world as of 2020 according to Forbes list. This means that you can earn millions of Money if you concentrate on this with all your efforts.

On average the e-commerce business owners are earning $100,000 per month this is in both developing and developed countries. But to reach on this average point you need to concentrate highly and work persistently on this.

One of the ways to earn Online million dollars is by concerning, hard work and persistence in working with e-commerce business.

Every year, 1,000,000+ e-commerce business start online and in the end they fail and only around 10,000 e-commerce business reach the third year but most of the business fail due to lack of persistence and business skills as in many time to start business capital matters less.

One of the business motivater said that, “If my thinking was average I would not wait more than a year a year to start to earn” this is Robert Kiyosaki.
This means you must keep a long term goal to start earning, this is called patience.

If you are told that you will earn an average of $100,000 per month in e-commerce with is absolutely a passive money is it not worthy waiting.
Remember though as get millions and millions per month others fail even to earn $100 per month hence in the end they give up.

Finalizing the E-commerce business.

You must have two or more lessons to learn before you start your e-commerce business.

The 15 rules you should not forget before starting out a successful e-commerce business which can even earn you a million dollar per month working Online.

• You must be focused on your E-commerce business or else you will fail.

• You should have a passionate about the business not the money.

• You should always dream big not one time but most of the time.

• Give the business enough time than anything you can imagine of.

• There are many disappointments along the way but you must touch them with care.

• Always strive at being the best on the average as this gives you enough energy to work upon.

• Handle everything on your own don’t trust individuals to do it for you may be on a contract.

• Continue to learn more about the E-commerce business as learning never ends.

• Why not make a Master Mind to be in there because this is a major point of working with others people.

• Focus on long term returns as everything cares out sweet at the top.

• Go forward and market your products and services offline also big companies are doing so.

• Each day and should be day to day make a daily calculation and what you have done and what will be done the following day.

• Don’t Lean on only your knowledge go forward and look what your competitors are doing not to copy them but to be on top of them.

• Don’t fear the Lions e.g. Amazon or eBay they also started in the same way as you.

• Always do all what is needed with all your heart or mind this will bring to you success.

Remember there is no such thing as failure there are results only results.

Here are some of the distract or disadvantage of e-commerce but you can still move forward though they may distract you.

a. It’s quit technical as many people are unused to online shopping due to high developing technologies this disturb people who are still in developing countries.

b. The costs of starting is quite high to as you have to purchase office products like paper to easy your work and even employee to help you in services like transporting.

c. It’s very risky compared to other businesses as it’s not physically due to visual doing of things you have to risk in order to succeed but there is a great chance of failure.

d. There is no physical reach hence this tend to be risky and scaring to most of people as there is no physical connection with the people.

e. During Transporting, any problem can occur like the breakage of the products and stealing, as there is no your or customers presence.

With the above notification don’t give up go on and start your e-commerce this is illusion not reality.

Thank you for reading.