You might know that 62% of Austrian consumers online commerce, according to Statista.com. In other words, online commerce has market capacity of 6,2 million consumer, which is huge! And now ask yourself, which tools do you use to find a specific service or product? Well, me too! Google could be described as an enormous mall, where two thirds of consumers are able. In this post: You will understand the necessity of applying e-commerce tools; Why is it crucial for young entrepreneur; And which business ideas are appropriate.
E-commerce tools are one success key for businesses
Surly, they are. For instance, online ads have high accuracy in term of reaching target customers. Standard marketing tools such as posts, TV ads, papers and others, where available to everyone (not oriented). On the contrary, YouTube ads are inelegant and very picky. Last week, I started to search on top smartwatch and their features. Since then, YouTube understood my desire and started to send me offers from retailers. Also, it has been noticeable that ads change immediately with any change of my interests. Well, after I bought that fancy Samsung smartwatch, I thought I need a new jacket, that suits my silver watch. And indeed, YouTube stopped smartwatch ads and replaced them with offers from Zalando and other sellers. E-commerce tools are crucial and can boost efficiency of any business.
Aaqip Ahmed is an entrepreneur and helped over 30 entrepreneurs to start their business. He told me that before using e-commerce tools like E-mail, Facebook, he couldn’t generate income that covers standard expenses.
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Which opportunities does e-commerce give young entrepreneur?
Starting an online business is cheaper, modern and intelligent. The costs of opening a website or buying an app is nothing compared to physical actual store. The Average price of apps is 10K€, as I personally asked a professional programmer on freelance.com. Whereas, opening an actual store costs what around 12k per year just for the rent. Now, be carful what business fields are the most promising in online business? According to statistics, Fashion, electronics and media lay on the top of online products. For selling products you can use WooCommerce to establish your own shop similar to amazon and Zalando without going in programing details. To provide service, such as consultation, coaching or any other value, you can use WordPress as a landing page for customers. Don’t forget to apply the social media and Google ads to boost your marketing strategies.
E-commerce tools are endless and always developing. We just have to explore them and put them in our use. For us as young entrepreneur, online business is easier and short-cut of time and costs. According to statistics, by 2024, 7,8 m Austrian users are expected in online markets. If you want to start a business, then do it smart and not hard, use e-commerce technologies.
Young Entrepreneur 
Great Blog!
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This really opend my eyes, good post!
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