Tagged: ecommerce

Should I Start An Ecommerce Business In 2020?

The process of sell and purchase performed electronically is called e-commerce or simply ecommerce. The most popular electronic mode of transaction is the World Wide Web (WWW) and the second most popular model is mobile apps. These transactions using the Internet are also called online transactions. The E-commerce industry has seen immense growth since it’s inception in both turn-over terms and number of users terms. Despite the COVID-19 pandemic in the year 2020, the e-commerce business still surviving. Even a few categories have witnessed the sells growth in the online business. It looks like the right time to start an e-commerce business.

Following are the benefits of an e-commerce business:

1. The ease-of-doing-business

2. Lesser establishment cost

3. Lesser management cost

4. Trade beyond the geographical border

5. Easy customer access

6. Round-the-clock orders

Above all, the scope of e-commerce is brighter. As of now, only 10% of global offline retailers are practicing e-commerce business. In this way, the customers of 90% offline retailers have still to shift to online. It’s a huge growth the e-commerce business is eyeing. The globalization of the market has a good contribution to the growth of e-commerce. eBay and Amazon are the older players in the e-commerce market.

Let’s understand first, how does e-commerce work? A customer browses through the catalog of an e-commerce website or e-commerce mobile app. Then the customer selects products to purchase and adds them to the shopping cart. The customer checks the order details and then checkout to pay online. E-commerce seller receives the order and confirms it to the buyer. The seller packs the product from inventory and processes it through a shipping company like FedEx. Shipping company collects the product parcel and ship to the customer’s address. In between, an online FedEx tracking service is available to the customer through the link provided. The customer receives the product ordered and write a review for the product and seller’s service.

It’s easy to follow the business processes. If you too believe that it interests you then you can certainly go for it. There is no need to put a second thought on it. The business scope is vast and offers a good return on investment. Start to sell products online with our best wishes.

How to Boost Ecommerce Conversions with Email Marketing?

According to Statista, there are 3.9 Billion email users by 2019, and for sure, they will be growing to more in the coming years. When several other businesses are already using email marketing as one of the powerful tools, you need to try using some different ideas that can make you stand out.

Some of those email marketing tactics that can boost CTR to improve conversion rates are:

  • Create catchy subject lines: You may have an amazing story to share with your customers or have a discount coupon for them inside. But, it won’t make any sense unless they open it. That’s something that makes you picky about your subject lines. Don’t elongate; rather, make it worth opening. It should be itchy to make one check and explore more.
  • Email formatting: Have you noticed how an unorganized room looks like? Yes, it’s a mess, and that’s how unformatted email resembles. It doesn’t sound appealing enough & the receiver on the other side of the screen won’t take a minute to close it. You need to check the compatibility of third-party platforms to accessibility features & how they can adjust your emails in a responsive manner across all devices.
  • Add a personal touch: We all know that you are doing it for marketing; still, you can’t stick just to the idea of selling. Be compassionate with your audience, and share your message like you are talking to them. The manner in which you will communicate with your audience makes a lot of sense to your conversion rate. The personal touch is not only about calling your audience by their name, but it’s about sharing and talking about what they actually want to know and read. Dive deeper into your Analytics reports to understand and personalize your campaigns in a lot better way.
  • Importance of timing: Marketing is exactly about the right timing and right place; if you miss it, you will miss your chance. Introspect your pattern of using smart devices and technology. Most people get free by 8 or 9 at night when they are relaxing. That’s the time they explore their devices. You can schedule your campaign according to these time measurements and get more chances to boost CTR.
  • A/B testing: You can flip the images, change/update the content, colors, or even an entire approach, and create distinct email marketing campaigns to know which one is performing better. You need to start them at the same time and for the same user demographics to get a better idea about the performance of your emails.

Now, take some action and start using these tips on your business with the 100% free ecommerce platform Builderfly. This platform lets you build online store, provides various marketing tools, and offers complete online business management using the dashboard.

Launch Your Online Store With Builderfly- An All-Inclusive Ecommerce Platform

Considering the change in the industry dynamics, ecommerce is the best way to adapt to the new normal & take your business to the next level. Builderfly, with its determination to take offline businesses online, is conducting its next webinar on 11th July 2020, at 5 PM (IST). In this session, the technical experts will show you the procedure to save all your efforts & launch your business by selecting the best business plan.

Every ecommerce enthusiast who plans to launch their online store can leverage this opportunity to gain an understanding of store up-gradation. If you have already started building a store with Builderfly, this is a fantastic opportunity to get your queries answered in the live question-answer session that will be conducted post-webinar.

Key takeaways:

  • Selection of the Builderfly plan
  • Upgrading your store

Once you upgrade your store with Builderfly’s suitable business plan, you will get full access to your store, and you can make it live anytime you want.

About Builderfly

Builderfly is an all-inclusive ecommerce platform that will help you take your business online or create one from scratch. We will arm you with a DIY online store builder and mobile app builder; you can design your store & create your native mobile app on your own. Add the personal touch of your brand by customizing it to every possible extent.

In addition to the web presence, you can launch your m-commerce app on Google Play store and App-store to grab your mobile users. You will be guarded with AI-powered mobile apps that will amplify your sales.

Builderfly has a variety of business plans for all sizes of businesses. The Builderfly Startup plan and standard plan are genuinely the blessings for startups.

To connect with us directly

Drop us a mail at press@builderfly.com

You can make Telephonic Inquiry at Toll Free: 1877-327-6143 (USA) | 1800-123-2403 (IN)

Connect With Us on Our Social Handles

Facebook: https://www.facebook.com/BuilderflyEcommercePlatform/

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Skyrocket Your Ecommerce Business with Builderfly- A Compact Ecommerce Package

We have an amazing news to share with you. Builderfly is organizing its next webinar session on 27th June 2020, at 5 PM (IST). The theme of the webinar is “Make Your Store Attractive With Builderfly’s Design Section!” It will be a tutorial session, where experts will be guiding you through the utility of all the features of the design section.

 

Taking the benefit of this opportunity, you can take your local business to the global audience and uncover the chances of growth. Our intuitive store builder has plenty of options to customize the layout of your online store in your way. Thus, you can add a personal touch with the professional look to add value to your brand.

 

 

Key takeaways:

 

  • Selection of a suitable theme.
  • Understand the utility of all the provided features to customize the content.
  • How to add sections and sub-sections at your home page
  • Addition to templates to change the look of internal web pages

 

At the end of the session, we will be addressing the concerns of all the attendees in the live Q&A round. If you haven’t registered by now, follow the link and reserve your seats.

 

Register Free Now

 

About Builderfly

 

Builderfly is an all-inclusive DIY ecommerce platform that arms with ecommerce store builder, native mobile app builder, and numerous features that can streamline your ecommerce business.

 

Your native mobile app designed with Builderfly will be powered with AI, which will further refine your customer experience.

 

Reach us:

Drop us a mail at press@builderfly.com

For Telephonic Inquiry- Toll Free: 1877-327-6143 (USA) | 1800-123-2403 (IN)

 

We are more approachable on:

Facebook: https://www.facebook.com/BuilderflyEcommercePlatform/

LinkedIn: https://www.linkedin.com/company/builderfly

Twitter: https://twitter.com/Builderfly

Instagram: https://www.instagram.com/builderflyecommerceplatform/

Pinterest: https://www.pinterest.com/builderfly/

What are the benefits of selling products at Flipkart online marketplace?

Over the last few years, many retailers have enrolled themselves in online marketplaces like Flipkart. On one hand, the digital space gives these sellers a chance to reach out to thousands of customers across the country, and on the other, the marketplaces are offering service models that are extraordinarily designed to help small sellers make more out of less.

Additionally, shoppers from different cities who like your products won’t have to wait to visit you in person to shop. They can essentially go online, purchase products from you and enjoy home delivery as well. So, when you sell online, not only does it help customers, it boosts your profits too.

 

Take a look at below 4 great reasons why you should sell on Flipkart:

 

Logistics Support

Giving a winning growth factor for small sellers, this platform offers fulfillment service models that encourage them to overcome the nightmare of not having the option to satisfy their customers’ orders in time. Denying a decent experience to the customers at an initial stage will create a terrible impression around the seller’s brand, which naturally hampers growth.

 

Small sellers can build trust by adopting “Flipkart Advantage” service which includes a 30-day return policy alongside a 24-hour delivery option.

 

Pocket-Friendly Fee Structure for Beginners

Flipkart can definitely help small sellers earn sales orders, but, not many survive as the majority of the marketplace charge quite an amount of fees for listing, commission, subscription, and closing.

 

Flipkart offers a performance-based pricing structure empowering more and more small sellers to be a part of one of the fastest-growing ecommerce sectors in India.

 

Subscription fee: There are no subscription charges for sellers, all you need is to register, list your items and start selling.

 

Listing fee: Listing of products is completely free, however, there is a commission charged on every item sold.

 

Commission: The commission can go as low as 4% to 25% based on the product that is sold.

 

Closing Fee: There is no closing fee for products valued below Rs. 250. There is Rs. 5 charge for products ranging from Rs. 250-500, while Rs. 10 for products more than Rs. 500. For all other categories, the marketplace charges a fixed expense of Rs. 10 for every item sold.

 

The above-mentioned figures are the updated till today, however, for any future updates on Flipkart pricing, please refer below:

Flipkart Seller Hub

 

Returns and Seller protection

Small sellers at the beginning may not be bothered about the safety against fraudulent customers and returns. What they don’t understand is, when their business grows such situations lead to real nightmares, eating a lot of capital.

With Seller Protection Fund (SPF) program, Flipkart protects its small sellers where sellers will have advantages like:

 

  1. Orders lost in transit by Flipkart’s dispatch partners – Sellers under the SPF claim consequently.
  2. Returns, Product damage in transit – Sellers can claim advantages when they are not at fault.

 

Claims can be legitimately requested through Flipkart Seller Dashboard.

 

Access to market trends

When you build your online business on Flipkart, you can likewise benefit from market trends. Flipkart collects information on different aspects and encourages you to understand what products have high demand, what is trending in the market, what items sell better, and so on. You can utilize this data to improve your stock and thus increase your revenue.

 

With these 4 reasons in mind, take your business to the next level by settling the decision to sell online on ecommerce platforms like Flipkart. You can register in just a few minutes and make use of the simple seller platform to manage your business and grow it as well.