Sellers can quickly fulfill orders, manage inventory efficiently, and even offer instant promotions in response to market needs, enhancing the customer experience.
Ease of expansion to global markets
E-commerce enables sellers to easily reach international customers without the need for huge infrastructure investments.
Do you think the benefits of e-commerce are limited to these points? Certainly not; its advantages are endless. Because Ibn Sina Academy always strives to empower you in your field, we offer you the course to create your own online store , which will take you on a comprehensive learning experience.
Starting from understanding the basics of e-commerce for beginners and market size, all the way to creating a professional online store that targets the right audience, while building thoughtful strategies for success.
E-commerce Basics for Beginners
If you’re wondering how to start an e-commerce business, it’s important to understand the basics that will ensure a successful start. Here are the most important steps to follow:
1. Conduct a comprehensive feasibility study for your project.
Launching a successful e-commerce business cannot be based solely on forecasts. It requires careful research and gathering the necessary information to ensure the project’s feasibility. A feasibility study helps you assess the market’s acceptance of your idea and analyze its financial and technical aspects, enabling you to make informed decisions before launching.
With so many competing stores, it’s essential to identify the factors that differentiate your store from others. Can you offer faster delivery? Can you provide excellent customer support that makes the shopping experience smoother?
The more you can find strengths that set you apart from your competitors, the greater your chances of success in the world of e-commerce .
2. Choose the right products carefully.
When building an online store, don’t fall into the trap of displaying a large number of products in the hope of generating higher profits. What would motivate a customer to choose your store over larger retailers like Amazon and Souq?