61
B
Before You Read
Read the title from the article below.
Do you have any ideas how to start e-commerce business?
Explain the difference between e-commerce and e-business?
C
Read the Article
How to Start an E-commerce Business?
There is a logical order in how you would go about building
an e-commerce business. Although setting up an actual online
store would probably take less than a day, researching,
building, launching and growing a profitable e-commerce
business is a multi-layered process involving a number of
steps and decisions.
Choosing and sourcing a product.
The first step to starting an e-commerce business is deciding
what products you’re going to sell. Finding a profitable idea can be hard work, so be prepared to do
some serious digging and thinking. It’s essential that you choose products with healthy margins that
will allow you to turn a profit and scale the business in the future. Once you know what you want to
sell, you’ll need to decide how and where you’re going to source the products. The four main
methods of sourcing products and inventory are making, manufacturing, wholesale and
dropshipping.