ECAs at SFI get free listing and exposure of their products and services to millions in more than 200 countries and over 20,000 cities. If they have the right mix of products with competitive pricing they can make a good income.
I will advise my ECAs that your choice of products is the most important thing for ecommerce. Sell what you know and your ecommerce products should be something you believe in. The products should be something you feel confident in selling to other people.
Sometimes you have a hook-up with a wholesaler or manufacturer that’s just too good to ignore. If you can work with a local manufacturer you have tremendous advantage. You will be able to save on freight costs, thus making it easier to compete on a price basis.
Consider the durability of the product and ease of use. You do not want to spend the whole day dealing with returns and customer support. Consumer electronics are going to result in a lot of both. Also consider the potential for breakage, difficulty in packaging, and the potential for needing to provide customer support.
Having an effective ecommerce pricing strategy is crucial if your business is still to make revenue and profit in the long term. A significant number of people shop online because of lower prices. Therefore promoting your fair prices makes sense. You have to make sure that the products that you sell are priced appropriately for you to make profit and also retain customers and not scare them away.
ECAs at SFI get free listing and exposure of their products and services to millions in more than 200 countries and over 20,000 cities. If they have the right mix of products with competitive pricing they can make a good income.
I will advise my ECAs that your choice of products is the most important thing for ecommerce. Sell what you know and your ecommerce products should be something you believe in. The products should be something you feel confident in selling to other people.
