Well, not really, but somewhat. Jeff Bezos beat everyone at selling online at a breathtaking pace. However, it has sparked up an industry that has endless potential and remains to be a revenue-generating pathway even in 2020.
Selling online is essentially the same as having a physical store. You sell something someone else has manufactured. What you really have to now figure is what do you want to sell, and more importantly, to whom?
With online stores having a far greater reach that physical stores can only dream of, selling online has now become impeccably easy.
What you need to know before you go on to sell online
- Work out a plan. You need to know what product are you positive about selling. Once you have that figured, then you have to wonder who will buy it, and why.
If there is a lesser demand, can you generate demand or will demand be generated by itself, and how? All these factors go into knowing what you would sell and to whom.
- Sell through your own website. Make a super user-friendly site and work out amazing discount offers for your customers. Within no time, your website will take off like a rocket of a launching pad.
- Find products you can sell online. You would also need to figure out an inventory space where you can store all of your products, because clearly if you are into selling plants, you would not want to sleep among a bed of roses and lilies.
- The key is to turn browsers into buyers. Once you have your site up, if it is fancy enough, people will visit. In order for them to buy from you, you have to offer them incentives they just cannot refuse.
Checking all these tick-boxes will definitely give you a head=start into selling online. Persistent efforts and determination in the direction of offering value to your customers, we might just be looking at the next Jeff Bezos.