Well, if you are planning to start an eCommerce store or have just created your online store, it is valid to ask why. Why should you even consider starting an online e-commerce business, if at all? Is it going to help you in any way, if at all? Is running an online business going to enrich the quality of your life somehow? What if it does not work out? What if your business does not do as well as you thought and you are running on losses? Should you leave your job to start an eCommerce store? What if it is too risky a move? Well, you do not need to panic because we have got you covered.
Reason To Start an eCommerce Store
#1. Who does not want extra income ?
Most of us come from a middle class upbringing and background. Very few people belong to the financially sound elite class. We usually do not have lots of saved money in store. So we have to constantly continue hustling. Moreover, we need sufficient money to provide for the basic necessities and our family’s needs.
So we are not saying money is the sole motivator for working in a job. But money is indeed a huge motivator for all people regardless. Because let’s face it. We work to provide our service to get a remuneration in exchange. If that was not the case, we literally would have worked in a job for free, wouldn’t it? So money is an undeniably important part of our lives.
Starting an eCommerce store or business will help you earn extra money. Oh wait! Not just extra money, but a lot more money than you can think of. No, we are not promoting any get-rich-quick-scheme simply because nothing as such exists. But having an online business helps you earn much more than an offline brick and mortar business. Because now, you do not have to run multiple business outlets at different locations across the country to increase sales. You can earn money with an online eCommerce store.
#2. Claim your independence and be your own boss.
After our monetary needs are met, we look out for our independence. When we say independence, we not only mean financial independence. We mean freedom from having to work under someone. We mean freedom from having to be accountable to your boss. We mean independence from having to follow fixed working hours strictly. In other words, you are now in charge of your life. You are your own boss.
Since the entire e-commerce business works entirely online, this provides business owners a highly flexible work environment. This means you can be traveling for an emergency or you may be enjoying your vacation. But your work will not be put on halt. Your online business can run as smoothly as before because you are literally carrying your laptop everywhere. This is convenient as well as helps you earn huge revenues. You can work from anywhere at any time you desire. You do not have to report to your boss every now and then.
#3. Marketing is quite affordable.
With an offline business, you have to spend literally a fortune on expensive billboards. You also have to invest a lot of capital on news ads, posters and fliers. But with an online eCommerce store, you do not have to spend a lot of money on marketing. In fact, you do not have to do anything that is required for offline marketing.
There are multiple options for online marketing. You can use PPC (Pay per click) advertisements to your advantage. You can run paid Facebook ads or Instagram for promotion if you own an online fashion brand or a handicrafts store. But it has to be taken into consideration that social media marketing is not as simple as it apparently looks. It requires field experience and expertise.Marketing through social media is not everyone’s cup of tea. So if you think you will manage it by yourself to save up on the money, you need to think again.
You may be losing out on providing quality service to customers if you put your entire focus on marketing. This is because social media marketing is laborious and time consuming work. So we highly recommend you to hire Magento developer services if you are creating an online store on Magento. They are a team of skilled professionals who help you out with your marketing and promotion issues. They will do everything from social media management to email marketing. They will even customize the Magento website design according to your desire. Long story short, if you hire Magento developer services, you are pretty sorted and you never again have to worry about marketing hassles. With Magento developer services, online marketing and promotion will become as easy as a cakewalk and will not give you nightmares anymore.
#4. eCommerce Store is growing faster than ever and is the next big thing!
With more and more people relying on online services and with increasing digitisation of businesses, e-commerce is gaining importance. E-commerce is expanding at an extremely fast pace. You know why? Because online stores are much easier to open and run. You simply need an internet connection and some technical help to get started. More and more people are shifting their offline stores to online platforms nowadays. In fact, people prefer online services much more now because it is convenient and saves a lot of their time. This was not the case up until 10 to 15 years ago. People back then had no choice but to avail services physically. The scenario has drastically changed within a span of just a decade. And if facts and figures are to be believed, e-commerce will continue to dominate the business industry globally in time to come.
These were our topmost reasons as to why you should consider running an eCommerce business. So if you have been lingering with the thought of starting a business for a long time now, this is the best time. This is the right time for an e-commerce business. All the luck to your ventures!