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Is e-Commerce Still Profitable Today?

Is e-Commerce Still Profitable  Today ---With The Need To Do Business online e-Commerce Is Very Profitable Today
Is e-Commerce Still Profitable Today —With The Need To Do Business online e-Commerce Is Very Profitable Today

Is eCommerce still profitable today?

With the pandemic that caused lockdowns and people losing money by either working fewer days or hours.and the need to supplement their income more than ever before people are looking to eCommerce as a way to earn extra money, so the question is can the money be MADE   in e-Commerce, Is e-Commerce still profitable today?

This is the big question being asked today, but first just what is eCommerce?

What is eCommerce

According to Wikipedia

E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry and is the largest sector of the electronics industry.

In essence, eCommerce is electronic commerce. It refers to the buying and selling of goods and services online.

It also involves the transfer of money electronically to pay for sales.

Most of our daily lives have something to do with eCommerce whether it is for buying or selling physical goods or services such as training and coaching programs, especially in the year 2020 when a pandemic has caused people to work from home or be educated electronically.

E-Commerce officially started in 1994. And due to its popularity, people have been wondering if the industry is saturated.

e-Commerce has grown in popularity because of its low cost to set up and depending on the type of e-Commerce b business, you need little or no staff so it is a low-cost setup and has the potential of high returns.

Types Of e-Commerce Businesses

  • There are four main types of E-Commerce businesses,
  •  There is the business to consumer
  • There is also a consumer to consumer
  • There’s the business to business
  •  Consumer to business

Business to consumer is where Businesses like Amazon and other online stores sell to a consumer.

Consumer to consumer This is when consumers can sell goods to each other, like Craig List or eBay, or Market Place on Facebook.

Business to business is when a manufacturer sells to another business an example would be software like Microsoft,  Microsoft sells computing devices, cloud systems and services, software, and other products to consumers and businesses.

Customer to Business That means you need to sell yourself just as much as you’re selling your service.

WANT TO MAKE MONEY ON-LINE? CLICK HERE

Can You Be Successful In e-Commerce?

Yes you can be successful in eCommerce, but like in any other business there are challenges to be met and overcome

E-commerce has become very competitive, so to be successful you must be able to stand out, and in order to do this you must find a niche

Find A Niche

Remember people can buy directly from the manufacturers these days so there has to be a value addition for them to buy from your store.

One of the ways is to create a lot of useful information on how your product can be used and you can easily do this by creating a website around your product and this can help lead to lots of sales.

Creating a website is easy on a training platform it takes only 30 sec. You can create your own website HERE and start your own online business

e-Commerce Can Be Profitable

More people are buying goods online, which has increased the profitability of many online companies.

But to remain profitable it is good to take care of your customers, treat your customers with respect, and not like a profit-making center and they will buy from you again and again. This creates a thriving business.

Affiliate Marketing

To me, Affiliate Marketing is one of the best e_Commerce businesses, with affiliate marketing you advertise for companies like Amazon and get a commission from any purchase made from the link on your website.

With affiliate marketing there is :

No huge startup costs!

  • No selling face to face!
  • No stock to keep or manage!
  • No recruitment involved!
  • No taking of endless surveys!
  • No huge investment involved – (Get started for $ FREE)
  • And no working for someone else!
  • You can operate in any market you wish! – even your hobbies & passions!
  • Earn a full-time income & more!. No limit to your earning potential!.

In other areas of e-commerce, like having your own store where you are responsible for ordering and supplying goods, People usually buy from China because the goods are cheap and they feel they will make a bigger profit but it can lead to a lot of stress.

If you are buying your goods from an overseas source like China, which in most cases doesn’t offer sales support. This makes it very hard to know what to expect when you are buying stock. If clients don’t get what they ordered refunds and returns also take a lot of time.

Products bought from China

People often complain that products bought from China are sometimes of low quality.

With Affiliate Marketing the profits may be lower but there is absolutely no great stress, there is no inventory, no staff, you work at your own pace, and you can work anywhere.

You do not need any knowledge of affiliate marketing.

At Wealthy Affiliate you can be trained, I think they have the best training platform, upon joining which you can do free you will get 10 lessons (free) at the end of these lessons not only will you learn about affiliate marketing but you will have your website up and running

There are also TWO more membership programs with lots more information and tools the Premium and the Premium+ Check it out on the website, Wealthy Affiliate .com

I must remind you, with a website you can go to any branch of e-Commerce, you can use the website as a tool for advertising your goods or services.

While Affiliate Marketing is not a get rich quick venture it can be very rewarding, you will need to have patience, be consistent, and as in every area to be successful you need to work at it.

Thank you for stopping by, If you are in any area of eCommerce I would like to hear your thought on the subject. Please leave your comments and questions it is greatly appreciated and remember to post.

.NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you)

Is Affiliate Marketing Worth The Time Start Your Online Business Free

Affiliate Marketing is worth the effort of adding additional income
Is Affiliate Marketing Worth It?

Is Affiliate Marketing Worth it

Are you looking into becoming an affiliate marketer and wondering if affiliate marketing is worth the time and effort to establish your business?

Or are you in the affiliate marketing niche for some months and not seeing the kind of returns you were expecting, and the question and thought of, is all this work worth the effort?

The answer for me is yes, it is worth it, but for you, it might be different, and you will be the only one who will be able to answer that question.

Continue reading Is Affiliate Marketing Worth The Time Start Your Online Business Free

Make Money From Your Blog —-Make Money Online

Make money from your blog.

You need to earn some extra money (like most of us), and you are looking into the idea of blogging to earn some money but are unsure how to make some money.

Well, let us explore the possibilities of making some cash from blogging. Well, in blogging, you need to decide what is the topic of your blog and what you will be blogging about; in other words, what your niche will be.

   What is a Niche?

A niche market is the subset of the market on which a specific product is focused. A niche is a distinct segment of a market, in other words, an “audience.”

When choosing a niche that fits you, you should be choosing something that interests you or that you have a passion for, and it could also be something you are interested in learning. You do not need to BE an expert; you will become an expert.

We were hoping you could select the niche that interests and excites you most. A few things that you should understand about niches are:

(1) You are going to be writing content within your niche

(2) You are going to be communicating within your niche

(3) You are going to be choosing products to promote within your niche

(4) You will get to help people within your niche.

(5) Your first niche PROBABLY won’t be your last (so don’t worry about it being perfect)

(6) Any SINGLE niche website can become a “full-time” income/business

After choosing your niche, you will build your website. I have been searching the internet for building a website, and the cheapest one so far is Wealthy Affiliate, which is free; the next cheapest is Webnode; they have three plans, but the cheapest is $3.95 per month, and you get the minimum service plan.

Wealthy Affiliate

At Wealthy Affiliate, with a free membership, you will get 1. websites that take just 30 seconds to build a beautiful, mobile, and revenue-ready website, with  State of the art, ultra-powerful, and secure hosting.

After your website is built, you will set it up and make it your brand. You are now ready to buy your domain name, the address of your website, the .com

You are now ready to write and post your blog and get the targeted audience to your website.

It may seem not easy, but with a wealthy affiliate free membership, you will be given step-by-step instructions.

Once you have your website built, you are ready to set it up to earn, So whether you want to make extra money a month from your blog or are looking to quit your day job to blog full-time, it is possible.

There are countless ways to use your blog to earn an income; let’s look at a few.

Offer services

While selling your services may not make you rich, it is a great way to make extra cash and build your reputation. Remember to sell the services directly related to the topic of your blog.

Offer coaching or teaching services.

This is usually more of a one-on-one service; you can assemble a range of packages: hourly consults, DIY packages, or unlimited email advice packages.

Write an ebook

Have in-depth knowledge of your niche? Package it up into an ebook and sell it on your blog. You will be able to sell your ebook on eBay or Amazon. If you’ve already built up a solid audience, you can probably change anywhere from $5 for a concise one up to $40.oo,

Promote an affiliate product.

Affiliate sales comprise a large chunk of revenue for most big-name bloggers. In general, it is suggested to  look for affiliate products with higher price points,

My thoughts, however, is if you are starting so, it would be best to start with a company like Amazon, the payouts may be low, but there is a broader range of products.

You will be paid for whatever they purchase, whether one of your advertisements or other products.

And the good thing is there is no need to have an inventory or think about returns or shipping. I think this type of blogging is suitable for a retiree like me.

Wealthy Affiliate

In case you are wondering how you will accomplish all this, Wealthy Affiliate is a one-stop-shop. Not only will you be assisted in building your website.

But in every aspect of maintaining your site, there are step-by-step instructions on how to draw the relevant audience to your site, choose the right keywords to get your article ranked on the search engines, and by no means least how to research your topic.

At Wealthy Affiliate, there are two types of membership, free and premium; here is a look at what has been offered in each package.

Members Option

As you can see, the premium package offers so much more. If you want to make good money from your blog after becoming a free member, I will encourage you to upgrade to the premium membership.

I became a free member and stayed a free member for 2. months, then I upgraded to premium paying monthly and finally went yearly.

You can become a free member ( there is no expiration date on being a free member), try it out, and see if it is something you would like to try.

One member joined as a premium member for a month; he said he wanted to see all that was offered, and after the month, he was so impressed he became yearly, and the first month is $19.00 if you do not think it’s for your stop.

Conclusion

So, do you want to make money from your blog? You can, and it will not happen overnight; it is like any other business; it takes time, hard work, discipline, effort, and the determination to stick with it.

And if you become a member of Wealthy Affiliate, you will have all that you need to help you accomplish your goals,

You will have a company that teaches today’s online marketing with a vision to help people succeed in business and life and is dedicated to assisting others to become great and achieve true financial independence.

Wealthy Affiliate has been around for almost 15 years; we have members in 193 countries and a number in the millions, 1.5. So this is no scam.

Wealthy Affiliate is constantly updating its platform, so everything is current and state of the art; your website will also mobile-ready

Good For Retirees

This is for all the retirees, soon-to-be retirees, stay-at-home moms and dads, and anybody who wants to generate extra income,

You can earn enough to stop working at your regular 9-5 jobs, and depending on your niche, your earnings can develop into a passive source of income.

Try making money from your blog, and you have nothing to lose; becoming a member of Wealthy Affiliate costs you nothing; you can become a member for free(no cost.)

Should you decide to become a member, you can click on any of the links inside this post where you can join for free the only information required is your name and email address, no financial information.

I will be notified, and I will contact you to answer all your questions and be your mentor, along with members of the WA family,

Thank you so much for stopping by and reading this post. I appreciate it, and should you have a question or a comment, please leave it in the space provided and remember to like and share this post; thanks.

NOTE:  This post includes affiliate links, which, if clicked on and a product purchased, I get a small commission (with no increase in cost to you).

Build A Profitable Home Base Business, And You Can Start For Free

Opportunity to Work At Home

Home Based Business--Build A profitable work from home business
Home-Based Business–Work From Home Opportunities

With the introduction of the high-speed Internet and the advancement of digital devices, it has become possible to work from anywhere globally and make your presence heard or seen via Skype or other means in any part of the world.

Companies have become the norm to offer certain employees an incentive to work from home. One study showed that nearly half of North American employees work from home.

Continue reading Build A Profitable Home Base Business, And You Can Start For Free