E-commerce Is Changing. Here’s How to Prepare. | Ep. #1423
E-commerce Is Changing. Here’s How to Prepare. | Ep. #1423

E-commerce Is Changing. Here’s How to Prepare. | Ep. #1423

Nomzy Stholly

6 min
Investing & Markets
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<p><span style="font-weight: 400;">In episode #1423, we talk about how e-commerce is changing and what you can do to prepare. It’s not only the big players like Amazon who are doing well, it is the one-product e-commerce stores that are having a moment right now. Tune in to hear how you can keep your customers happy even when you run out of inventory! </span></p> <p><strong>TIME-STAMPED SHOW NOTES:</strong></p> <ul> <li><strong>[00:25]</strong> <span style= "font-weight: 400;">Today’s topic: E-Commerce is Changing: Here’s How To Prepare. </span></li> <li><strong>[00:51]</strong> <span style="font-weight: 400;">If you’re just starting, opt for Shopify—they’re doing great right now. </span></li> <li><strong>[01:03]</strong> <span style="font-weight: 400;">At the moment, every day is Black Friday with Shopify!</span></li> <li><strong>[01:14]</strong> <span style="font-weight: 400;">What’s doing well right now are one-product e-commerce stores. </span></li> <li><strong>[01:47]</strong> <span style= "font-weight: 400;">Google</span> <span style= "font-weight: 400;">covid19.within.co</span> <span style= "font-weight: 400;">to see how e-commerce is performing right now.</span></li> <li><strong>[02:21]</strong> <span style="font-weight: 400;">Ensure that you have your inventory and a strong supply chain.</span></li> <li><strong>[02:40]</strong> <span style="font-weight: 400;">Don’t be afraid of spending money on conversion rate optimization.</span></li> <li><strong>[03:14]</strong> <span style="font-weight: 400;">Google Ads and Facebook Ads will go up and become more expensive over time.  </span></li> <li><strong>[03:29]</strong> <span style= "font-weight: 400;">Optimize your funnel by offering something else on your thank-you page. </span></li> <li><strong>[04:09]</strong> <span style="font-weight: 400;">Avoid running out of inventory and what to do if that happens. </span></li> <li><strong>[04:26]</strong> <span style="font-weight: 400;">Think about also offering subscriptions in your e-commerce business.</span></li> <

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E-commerce Is Changing. Here’s How to Prepare. | Ep. #1423 - Listen Free | WowFM