I have always wondered about that model when it's not vertical and anyone can sell anything Digital, Physical or Service. (Gumroad, Selify, etc) Marketplaces tend gain traction faster when they are vertical and specific. My best word of advice would be to select the vertical that's bringing in t...
If you want full control for the checkout, Magento is probably going to be the best option. You can also do it with woocommerce. The woo checkout has gotten better and you can tweek it to improve conversions, but you will get more flexibility (if you have a developer) with Magento. Saying which...
Well, technically - Any. ;-) Hey there - I'm a new business technology trainer with 6 years experience helping new online business owners get off the ground. If your goal is to make money quickly, then a service based business will be the fastest - you figure out what you can offer to whom, fin...
I have several years of experience in marketing and optimization in the eCommerce space for one of the largest online jewelry retailers in the U.S. I also have several year of experience working with online retailers that operate under a subscription models. In order to answer your question, yo...
There are a lot of options out there for you to explore when launching your new eCommerce site (ranging from utilizing an open source/self-guided platform to hiring an agency to build a completely custom web experience.) But before you think of the "how", make sure and be spend a considerable am...
A good starting point for determining valuation is 3x your annual profits. That said, you may find a 1 - 2X variance up or down depending on the type of product(s), the category or categories you sell in, your total number of SKUs, etc.
Great question! Booqable is a solid option, especially for startups, but I totally get how the costs can pile up over time, it’s like renting equipment to save money but ending up renting *your wallet*. Alternatives like Rentle, Quipli, or EZRentOut are worth exploring. Rentle, for example, is...
You need someone with hardware prototyping skills. You can either get an unpaid cofounder, or pay someone to do it (and worry about getting a hardware cofounder later). For either of those options, you'll need someone local. Look in local hackerspaces (https://wiki.hackerspaces.org/List_of_Hacker...
I think with most, the challenge is in the expectation. We need to stop treating / valuing SEO in the same way we did 10 years ago. The sad truth is the dynamics of SEO and the role it plays in your marketing has changed a lot over the years but unfortunately most businesses are not realizing thi...
You could sell your website on flippa.com or http://www.websitebroker.com/ they have the fill in metrics you need to provide. I have bought and sold a couple of sites on flippa and it actually works.