Eight out of ten ecommerce startups fail each year and only two out of ten businesses are fortunate enough to succeed? Yes, this is one of the most hard and bleak truth of ecommerce industry – maybe that is the reason why Ecommerce Startups are seen as risky at the entrepreneurs’ front
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WHY MOST ECOMMERCE STARTUPS FAIL?
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2. Eight out of ten ecommerce
startups fail each year and only
two out of ten businesses are
fortunate enough to succeed
3. They fail because
The core idea of overly optimistic entrepreneurs behind their
business is nothing but a vague concept and a little bit of runway.
Founders do a lot of unnecessary spending on buying online
engagement on social media, excessive marketing and PR
activities, and hiring full-time staff instead of leveraging a virtual
assistant from a good ecommerce website design and
development company.
Entrepreneurs fail to notice and address those pesky issues of
business process, business model, and scalability.
5. Having a great website is
crucial ! One can develop it from the scratch by own, but one must be
willing to invest a lot of precious time to build it and of course, one
must have web development skills.
Hire a freelance which is quite cheaper on financial ends, but can
one rely on an individual freelancer.
Outsource your work. The most easy, safe and cost-effective way
to launch your powerful website is partner with the best
Ecommerce Design and Development Company which brings to
you the awesomeness of skilled team of developers, designers,
and marketers with expertise in wordpress web development,
magento web development and shopify web development.
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6. Choose the right Ecommerce Software
Platform ! A great website will fail surely if it is not powered by the right
ecommerce development platform such as Magento, Shopify,
Bigcommerce and WordPress. Despite of the fact that there is no
dearth of good platforms today, many entrepreneurs do make a
common mistake of setting up their websites on wrong platforms
which leads to huge damage. Invest in the right ecommerce
platform and let your powerful website do the talking which
eventually leads to high conversion rate, boost in traffic rate and
better sales.
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7. Focus on good customer
experience ! It is the golden thumb rule to attract more and more
targeted customers towards the business while capturing
the online marketplace. Customers are inclined (for
eternity) to great user interface and user experience of
an ecommerce website. In the market, one will always
get an upper hand with a fast-loading e-store where
customers can feel comfortable and easier to do
shopping. Make sure your ecommerce web store is
absolutely free from issues like an ugly layout which is
not user-friendly and downloads very slowly and doesn’t
supports all devices.
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