There are over 400 million entrepreneurs worldwide, and each one of them has their own unique reason why they decided to startup. But building a product or service from scratch and selling it online is not for the faint-hearted. There are a number of moving parts in the business and it is important for each one of these components to work in order to drive success.
eCommerce is a two trillion dollar industry globally with nearly $423 billion of this coming from just the United States. Amazon is alone responsible for nearly 44% of all sales in the country. Given Amazon’s dominance in the US and also in many other countries globally, it is very important for any business to have a presence here in order to succeed in online commerce.
But selling on Amazon is not easy. No matter what industry you are in, there are thousands of products competing with yours for visibility and this makes success hard to come by. Also, given Amazon’s extreme reliance on seller reputation and customer reviews, a startup business may face an uphill battle in not only being seen by customers but in also surviving the cut-throat competition.
Read moreA Beginners’ Guide To Selling Products Online