Do you know that a shop does not really have to be a four walled building anymore?

Do you know that you can now have a shop online?

I mean, a shop that you can store, display and sell your products and services, like you would do in a physical(offline) shop!

A shop that you can use to reach out to thousands of people at different locations at the same time, increasing the rate of sales without having to pay rental fees for different outlets?

You may be surprised but these are just few of the numerous perks that E-Commerce offers.

E-commerce also reduces the cost of hiring many staff, manages your inventory, covers limitless geographical area, plus you can work from anywhere.

Do you know that you can learn about how E-Commerce works and become an E-Commerce entrepreneur?

The E-Commerce skill is said to be one of the hottest skills companies and industries to now look out for.

That is why you should learn how it works.

Let’s talk about it.

What is E-Commerce?

E-Commerce or Electronic Commerce, is simply the act of using electronics, to buy and sell goods (products) and services in an online platform that allows it or on the internet.

It is the use of internet to buy and sell goods and services.

It is used by business owners selling to consumers, business owners selling to other businesses, consumers selling to businesses and even consumers selling to other consumers.

If you have ever bought something from an online vendor on Facebook, Instagram, Jumia, Konga, Jiji, ect, that is E-commerce. Imagine the amount of sales those platforms make in a month. Imagine having such a platform and being able to sell to hundreds of thousands of people.
What does E-Commerce entail?

E-Commerce involves the use of online marketing, online auctions, online transaction processing, electronic funds transfer, supply chain management and many others channels to achieve supply.

It makes use of internet banking and an online financial exchange of currencies for trading purposes.

It also involves a web server that manages an online store front and processes transactions, a database system that has the store inventory, and a dispatch system that makes delivery of purchases possible.

E-Commerce as a skill entails the knowledge of some hard skills and soft skills.

Some of the skills are:

A knowledge of software development, search engine optimization, Artificial Intelligence, Data Analysis and analytics, marketing, content writing and more.

Others include:

Problem solving, critical thinking, effective communication, resilience and emotional intelligence, etc.

Yes, you will have to learn these skills if you do not have them and you also have to be target driven.

E-Commerce is big and wide with lots of benefits.

Do not be discouraged, you could learn these skills. They are intertwined with E-Commerce and you can’t practice E-commerce without them.
What would be required of you to learn the E-Commerce skill?

You can begin with watching tutorial videos on the topic, and also enrolling in online and offline classes that talks about the subject.

With an internet connection, on your Laptop or mobile device, you can begin to learn.

Why wait?

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How lucrative is E-Commerce?

The first online sales were made on 11th August 1994. Since then online sales have taken over the digital space. Online stores with an active presence on social media platforms have more than 32% sales. Also, many countries engage in it. E-Commerce has contributed a good share to the economies of countries. It has contributed about:

$672 Billion – China

$340 Billion – United States of America

$99 Billion – United Kingdom

$79 Billion – Japan

Other countries like Germany, France, South Korea, Canada, Russia, and Brazil are also beneficiaries of revenue from e-commerce. E-Commerce is lucrative. In 2019, it had about 3.5 Trillion dollars realized in worldwide e-commerce sales.
Where can you work with an E-Commerce skill and how much would you earn?

You can work independently (in your business) or you can work for companies like Amazon, Ebay, ASOS, Apple, Alibaba and others.

The E-Commerce entrepreneur’s average salary range is $54,000-$106,000, with a steady rise depending on sales and the entrepreneur’s work level.
What is the future of E-Commerce?

Retail Commerce sales is predicted to reach $4.13Trillion in 2020.

And by 2040, 95% percent of all purchases will likely be through E-Commerce.

In Conclusion

Anyone, with a strong drive to succeed through an online skill & business can do E-Commerce. All you need is to be guided by the right coaches. And I have been able to identify the perfect program where anyone can learn the basics and advanced components of E-Commerce, and how to grow the skill and business till you are seeing profits in millions monthly.

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Ecommerce in Nigeria has always been a gold mine. Starting today is not late.

Globally, with the advancement in technology has make it easier for marketing most not be one on one transactions with the help of mobile marketing as the benefits of mobile marketing.