Tag: business ideas
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Importance of Customer Retention in E-commerce
Customer retention is the process of converting a buyer into a regular customer of a brand for repeat sales. It prevents a customer from switching its current brand. Customer retention is essential for every business. However, it is easier said than done. To learn about the importance of customer retention in e-commerce and easy ways…
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How Effective Is Social Media for the Growth of E-commerce Businesses?
Introduction of Social Media for the Growth of E-commerce Businesses Social media and E-commerce are perfect pairs for creating a solid presence of an online business. According to statistica.com, there are around 4.6 billion active social media users globally. Today a wide range of the population participates actively in the world of social media. Social…
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What Is DropShipping?
Dropshipping is a supply chain concept in which a company can send a single item directly from a wholesaler’s warehouse to the buyer’s location without having to deal with logistics or management. This allows dropshippers to concentrate on the real business aspects of their operations, such as profit, growth and scalability. These dropshippers make money…
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Business Ideas Under 1 Lakh Investment
It is a common misconception that starting a business needs large investment. This, however, is not the actual truth. With emerging dynamic marketplaces, the provision for multiple opportunities for people to start various businesses with a minimum capital of 1 lakh is possible. You just need to have adequate knowledge about the several available business…