e-commerce WAS one of THE top industries in 2016-17.
predictions for 2018-20 ...
Travel, Technology, Health & Beauty and e-Commerce are currently 4 of the largest & fastest growing global industries. However, the focus of this article is going to be on E-commerce.
THE GROWING WORLD OF E-COMMERCE
Did you know there are stores making millions of dollars selling only ONE product? And the unit cost of that product can be as little as $20?
There was a time when all sales were done "face-to-face using a bartering system" that was followed by "face-to-face transactions using gold coins" then came "face-to-face transactions using paper money" followed by the introduction of "Commerce" and global trading. Today the buzz word is' E-commerce!' with an even greater emphasis on the global arena than commerce.
Needless-to-say, one of the fastest growing (and most lucrative) businesses over the last 3 or 4 years has been E-commerce (online shopping). I'm talking about platforms like Shopify, Amazon, eBay, e-Malls to name but a few. More and more people are moving away from shopping offline (retail) to shopping online (e-commerce) and the trend shows no signs of slowing down.
If you are a 'bricks & mortar' retailer looking to transition to the Internet; a Shopify owner looking to develop new skills or sharpen old skills; an aspiring e-Com business owner or online affiliate wanting to make money from home, I think you will find the video series below invaluable. However, even if you do not fall into any one of those categories still watch the E-com series, you will find it eye-opening. You will see how a 17 yr old boy (20 at the time the video was filmed) used E-commerce to become a multi-millionaire... but first ponder on a few hard facts:
In November 2016, for the first time in history, Cyber Monday (online stores) generated more revenue than Black Friday (retail stores). What can you deduce from that? To a business owner or aspiring entrepreneur, it means "where there is a buying frenzy there is inevitably going to be a selling frenzy and that can only equate to lucrative profits." Bottom line, a lot of people are making big money through E-Commerce based on this simple law of supply & demand.
Press Release: The E-Commerce Explosion that is Predicted to Create Thousands of Multi-Millionaires Within the Next 3 Years
Breaking News (9/18/17): Toys-R-Us file bankruptcy just before the start of the big holiday spending frenzy
THE GROWING WORLD OF E-COMMERCE
Did you know there are stores making millions of dollars selling only ONE product? And the unit cost of that product can be as little as $20?
There was a time when all sales were done "face-to-face using a bartering system" that was followed by "face-to-face transactions using gold coins" then came "face-to-face transactions using paper money" followed by the introduction of "Commerce" and global trading. Today the buzz word is' E-commerce!' with an even greater emphasis on the global arena than commerce.
Needless-to-say, one of the fastest growing (and most lucrative) businesses over the last 3 or 4 years has been E-commerce (online shopping). I'm talking about platforms like Shopify, Amazon, eBay, e-Malls to name but a few. More and more people are moving away from shopping offline (retail) to shopping online (e-commerce) and the trend shows no signs of slowing down.
If you are a 'bricks & mortar' retailer looking to transition to the Internet; a Shopify owner looking to develop new skills or sharpen old skills; an aspiring e-Com business owner or online affiliate wanting to make money from home, I think you will find the video series below invaluable. However, even if you do not fall into any one of those categories still watch the E-com series, you will find it eye-opening. You will see how a 17 yr old boy (20 at the time the video was filmed) used E-commerce to become a multi-millionaire... but first ponder on a few hard facts:
In November 2016, for the first time in history, Cyber Monday (online stores) generated more revenue than Black Friday (retail stores). What can you deduce from that? To a business owner or aspiring entrepreneur, it means "where there is a buying frenzy there is inevitably going to be a selling frenzy and that can only equate to lucrative profits." Bottom line, a lot of people are making big money through E-Commerce based on this simple law of supply & demand.
Press Release: The E-Commerce Explosion that is Predicted to Create Thousands of Multi-Millionaires Within the Next 3 Years
Breaking News (9/18/17): Toys-R-Us file bankruptcy just before the start of the big holiday spending frenzy