A New World Evolves Around E
Within a decade, the importance of e-commerce sites has increased 10 times. The hectic life, busy schedule, restless lifestyle, lack of commodity management &decrease of unemployment have actually cast a spell behind this sudden hike.
People get less time to go out and shop and window shopping? Who has the time? Everyone is running behind money and once coming back to the home exhausted in the evening, turn on the desktop, PC, Tablet or mobile and order something from the e-commerce store. It's very important to ensure 100% customer satisfaction when offering products from eBay as buyers can easily post their reviews about your products and services. As a new retail business owner, your primarily goal is to build up a solid reputation on eBay as you strive to grow your business. Thus, by the time you're ready to set up your own business website or online retail store, you can be sure that people will continue to patronize and support you because you have established a good name for yourself as a merchant.
A e-commerce site operates on little or no overhead such as physical space and large numbers of employees needed to run an e-commerce platform. An e-commerce platform already has the automation process built-in including checkout, payments and other operational processes. These lowered costs can then be offered in the form of discounted prices which will keep your customer coming back. Consider also advertising, marketing, organic search engine traffic , pay-per-click, and social media as effective ways to lower your operational costs.
Your little black book, your Filofax, your Rolodex, or whatever you call those people you know these days is perhaps your biggest Unfair Advantage. The connections you've gathered through years of experience in whatever industry are one of your greatest tools. Technology today has allowed us to compile them all in one place.
Most of us have them all linked together. It is easy to send a message out to all of them at once, or group them in any number of ways.
We can all benefit for our ability to connect with the right people.
The last of the operational plan is to create a summery plan of what actually you will be doing during the implementation phases of the next business year. This summery need to be as much short and concise as possible. Write a few paragraphs about how your organization will be operating for the next year, use simple language so as it makes sense and become comprehensible to all the staff and management team. In fact, keeping everyone well-informed with a brief clear picture of your business operations objectives is the main purpose of this part.
Now Indian government is testing a software that intends to capture crucial data related to export of e-commerce related goods and services in India. Indian government has already indicated that it would impose tax on online transactions happening in India for certain cases. For instance, according to the Budget announcement, any person or entity that makes a payment exceeding Rs 1 lakh in a financial year to a non-resident technology company will now need to withhold 6% tax on the gross amount being paid as an equalisation levy.