I started my E-commerce journey in late 2016 and this has been a consistent source of business income both actively and passively
What are the trends?
With the advent of e-commerce in India, the shopping trends have taken a new leap altogether. Now the Indian e-commerce market is on a booming trend and about to surpass the levels of $200bn by 2026(Report by IBEF-Feb 2019). India is also poised to be the second-largest e-commerce market by 2034(Report by IBEF-Feb 2019)
Top reasons fuelling the growth
Top 3 reasons for this growth are falling smartphone prices, reduced data tariffs and above all the convenience
Why Ecommerce?
The best answer is leverage through the technology and wider reach not only restricted to India but International too and this is one of the best sources of both active and passive income as the sale happens 24*7 even while you are asleep
You also promote your product and services to more people and in turn, it helps to generate more leads for the existing or the business promoted with the products
What is takes to start an e-commerce venture?
The biggest requirement is a product to sell. A product that is unique, not easily available in local markets, required by people at large and should not be seasonal i.e Diwali lamps. This is the roadblock for most people who never able to start this business. I sell books that are needed by people at large and works at its best all seasons and as they are a unique product to the market as the name of a coaching institute is tagged to it. To enhance my sales I tied up with 7-8 publishers and promote their products too from my store. Having a product that sells is the one big obstacle to cross.
I offer my products to sell through my franchise system and teach more about this in my live webinars and drive my mission of 1000 new e-commerce entrepreneurs every 6 months
Anyone who like to start this business can reach out to manufacturers or distributors of the niche or products which they can handle as per the Investment amount one has and tie up for best offers to start selling or manufacture the product yourself for ultimate return on investment(ROI)
Investment amount
It all depends on the product and niche selected. If you have a laptop or PC with the printer at home, selling books on e-commerce can be started with just 100$
Mindset training
To start a business is easy but to successfully run and scaling is a mindset thing. One needs to start thinking big as a contributor to society at large fulfilling the needs of the people. Having an entrepreneur mindset is completely opposite to an employee mindset and hence the mentorship program where I reach out on web call every week to franchise’ selling my products on e-commerce is of immense help and this ultimately motivates them to think big and achieve results faster
Let me help you
If you are serious to begin this rewarding journey, I invite you to join my tribe and get the benefits of the franchise system and get hold of many many established products to sell on marketplaces helping customers and improving your financial health. I discuss this all during my live webinars. You can be a part of this exciting new journey
Phases of scaling up
The Ist phase is increasing the number of products month on month and year on year basis. More the products, more the sales, more satisfied customers. Bingo!!!
The next phase only for the ones who like to step up the game is Affiliate Marketing and own website using woocommerce
The journey has no end, it has a beginning although and rewards are unimaginable. Start today, you have nothing to lose. You can make your life better by helping people with what they want.
Meet me live here and start your journey