Start an Online Business
Before we go any further I want to ensure that we both are on same page so that you can make best use of my experience.
I am not writing this section for users looking to generate passive income, so I will not tell you to become a freelancer or a content writer or a youtuber or a marketer, though there is nothing wrong in doing so but the aim of this series to focused on Starting an Online Business.
The emphasis is on Business, it is best suited for you if you are planning a startup or already into one. I will be covering insights on processes, business models and tips that can help you take your startup from an idea stage or MVP stage to Scaling Mode. I will try to be as elaborate as possible and will be covering multiple industries, best practices and things to look out for to be a commercially successful business owner.
You are planning to start an online business and your IDEA is unique. Do you know what is the worth of your Idea? There is a calculator for that... Check it out!
Having an Idea is a great thing but before you go all in shouldn't there be a way to validate the idea. Yes! there is let me tell you how...
When starting an online business focus on how you are going to make profits. Not GMV, Not Turnover but Profits so that your business is sustainable.
Though you may start a business in different geographies, different audience or different industries but the models to generate revenue and sales stay almost the same. Do you want to learn about them?
Are you confused about the technical jargon used by many, how is Retail different from E-tail and how does E-tail any different from E-commerce. Click here to know more...
You can sell your products online or allow others to collaborate with you helping them to sell online on your platform. An arrangement like that which allows other sellers to come online and sell their goods on your platform is called a Marketplace. Do you want to know how it is different from a traditional e-commerce solution...
Are you confused about the technical jargon used by many, how is Retail different from Etail and how does Etail any different from Ecommerce.
Amazon is a B2C marketplace. A state of the art e-commerce solution that empowers sellers to register and list their products to be purchased by buyers all over. It is a Seller (a Business) selling to a Customer (a Consumer) for his end consumption. It is a B2C Marketplace...
Alibaba is a B2B Marketplace. Though it might look similar to a B2C Marketplace but has a major differentiating factor. It is a Business selling products to a Business. When two businesses transact it is seldomly for the end consumption but usually for further sale of goods. Want to know more...
Just like products you can even sell services to an consumer or a business. The thing with services is that it can be delivered online, or offline where you visit the providers establishment or offline when the provider comes to your location. How do you sell services is a very different ball game as compared to selling products. Want to know more...
The list is endless and I make a promise to you that I will be dedicating myself to the cause of updating it at all times. If you think there is a topic you want me to cover do feel free to write back to me on m@manishgupta.one