Do You Really Want To Be An Ecommerce Entrepreneur?
Hardware & Home Improvement is one of the areas where web sales are growing rapidly. There were cancellations of CoD orders but it’s recovering now.” Following the demonetisation, some companies like Amazon had temporarily halted CoD facility, while others like Flipkart and Snapdeal had put a cap on the value of orders that could be delivered through the service.
E-commerce firms have seen a substantial drop in cash on delivery orders in the wake of demonetisation which has also impacted their overall sales, executives of different companies said on Wednesday.Earlier, the split between cash-on-delivery and pre-paid orders was 50:50.
The three day conference at the 25th Convergence India 2017 aims to bring together the best minds in the ICT, telecom, and entertainment ecosystem under one roof to create an interactive platform for the companies to showcase their technical prowess, and tap into new business opportunities.
Keeping this thought in mind, TradeGecko wants to share our commitment in supporting not just non-profits, but also companies that are working hard within the modern commerce space to make money while promoting social responsibility and supporting the communities around them.
I don’t have the details of the business of course, but I have to imagine that much of the industry has consolidated over the last few years so that the remaining sellers offer either distinct services, have a loyal following or posses some type of competitive advantage that separates them from the likes of Amazon or Wal-Mart.
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.
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.
Clearly Specify The Terms & Conditions: In case of banks customer satisfaction is not the goal, instead the goal is scoring well (i.e just making the big bucks irrespective of whether the customer returns or not) But quite contrarily, owning an e-commerce business implies that you are expected to provide your users the most convenient of all such methods that they continue shopping with you.