E Commerce for beginners
Chapt
Today's Topics
1- What is E-commerce? How many types of E-commerce Businesses?
2- Top International E-commerce Websites?
3- What is Amazon? And what are their different types of models?
4- How much investment needed in each model of Amazon Business?
5- If we don't have any investment, how we can earn by giving our services as a VA?
Answer No.1:
E-Commerce
E-commerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet.
Types of Ecommerce
There are two types of Ecommerce:
Business to Business – B2B
Business to Consumer – B2C
Business to Business- B2B:
A B2B model focuses on providing products from one business to another business. For example, dealing with a manufacturer or supplier for a specific (Especially Large) quantity of units. (Ali Baba Etc.)
Business to Consumer- B2C:
The Business-to-Consumer ecommerce is related to the transactions and relationship between businesses and the end customers. For example Amazon, Daraz and EBay.
Answer No.2:
Top International Ecommerce Websites
Amazon
Ebay
Walmart
Daraz (PAKISTAN)
Answer No.3:
Amazon
Amazon is the largest online retailer website in the world. As being an online retailer, Amazon allows individuals and businesses to sell their products online on its website. Even though Amazon operates 14 worldwide marketplaces, you don’t actually need to have 14 different Amazon accounts for each one you wish to sell on.
Types of Models
As there are three key main models to work on Amazon such as:
Private Label (Building your own Brand)
Amazon FBA Wholesale s
Amazon /Shopify Drop shipping
Different Ways
There are 2 different ways to sell on Amazon:
Fulfilled by Amazon (FBA)
Fulfilled by Merchant (FBM)
Fulfilled by Amazon (FBA):
FBA means Fulfilled by Amazon. “You sell it. We ship it” in Amazon’s terms. With FBA, the seller stores products in Amazon’s fulfillment centers where Amazon will pick, pack, and ship those products.
How does FBA work?
As the seller, you’ll set up FBA in your Amazon account. Create your product listings, prepare your products, ship your products to Amazon, and let Amazon pick, pack, and ship your items as customers order your products.
Fulfilled by Merchant (FBM):
FBM means Fulfilled by Merchant. With FBM, the seller lists the product on Amazon and handles storage and all aspects of order fulfillment.
How does FBM work?
As a seller, you’ll set up an Amazon account. Create your product listings and store, pack, and ship the products as customers order them on Amazon. You’ll take responsibility for any late, missing, or damaged arrivals.
Answer NO.4
Investment needed in each model
Private Label (Building your own Brand)
Investment Required: 10,000$ - 20,000$
Monthly Income: 1,000$ - 5,000$
Amazon FBA Wholesale
Investment Required: 2,000$ - 3,000$
Monthly Income: 300$ - 1,500$
Amazon /Shopify Drop shipping
Investment Required: 500$ - 1,000$
Monthly Income: 300$ - 1,200$
Answer No.5
Sell services as Virtual Assistant
A virtual assistant (VA) is a person who provides support services to other businesses from a remote location. Same like a normal VA, E-Commerce VA is the one who assists the sellers to manage their online business from a remote location. A VA can earn 300$ to 1,200$ by his/her experties.
As a Virtual Assistant, Following are the services given to provide satisfying work for Business.
· Seller Account Management
· Product Research
· Product Hunting
· Product Sourcing (I can help you in finding verified suppliers too)
· Shipment Planning
· Product listing and Optimization
· Content writing
· Launching and Ranking
· PPC Campaign management
· Order Management
· Bookkeeping and record handling
· Reports handling
· Inventory check
· Customer Report
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Best of Luck for your Bright Future...
Stay Blessed.
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