How Internet selling works – Part 1


Depending on where are you from and how people around you are familiar with ecommerce and buying from the internet, it’s very important to keep some points in mind when trying to sell online in order to increase the possibilities of having a succcessful business. This series will focus on 3 main factors that the internet selling depends on.

Price:

People are used to go and buy things from shops around them, and when the internet can it changed a lot of buying habits that people were used to. People in some countries resisted purchasing online for various reasons such as security and lack of credit cards.

In order to grab this huge audience (the ones that fear security and don’t have credit cards) you have to provide special offers to attract them. The price is one of the basic things that attract people. They normally compare prices between shops and the ones available online and decide whether they want to save some cash or not.

You have to offer a very competitive price in order to attract the general public or the targeted audience you are focusing on. As an individual you don’t have any rental costs or salaries or other overheads and should be able to generally sell things cheaper than the normal market prices. Focus on selling huge volumes with a small profit margin for each item rather than sellign few items with large profit margin. This is your main advantage so use it properly!

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