₦airaland Forum

emmchi:
Why not start..... am feeling sleepy.

Am sorry, we can't start now. We need more views. I can assure you that if you stay with us you will be happy you did.
Thanks

Obichi98:
Very much interested,when are you startind?

We are still expecting more people. We can't wait to start; as we check this thread always to see if we have enough views.

Before we go too far into this business; I think it is pertinent to consider the kind of mindset we possessed. Having the right mindset is something that is very important in any business and eCommerce business is not an exception. Whatever the mind of a man can conceive it can achieve. Everything that exists today started from the mind. Everything that happens outside is just a reflection of what happens on the inside and our financial life is not a different. If your financial life must change; you must change your mind set. I am sorry; you are here because of your mindset!

In 2006 Dr. Carol Dweck, Ph.D of Stanford University; conducted a study into what makes people more or less successful. One of the key findings of his study was people’s basic believe about their brains and talent had a direct impact on the amount of success they were able to create.

Dr. Carol Dweck, discovered there are two basic groups of believes: Fixed and Growth. The first believed that their brains can’t be changed no matter the amount of learning the acquired while the other (Growth Believe) believes through learning their brains and talent developed and creates success for themselves.

So, why is mindset important?

This is because virtually all success comes from a growth mindset. This means having a love of learning and challenge with resilience effort. Success is sure when you take small actions every day while you learn and grow.

There are enough people to tell us we can’t; so why do will need to tell yourself it is impossible again? It is good to know at this junction that this book is not for the mediocre rather is for the champions. However, remember a good single action is better one thousand good intentions. You honestly need a positive mindset if you must achieve anything worthwhile. Let’s get started!!!

Strahovski1:
Nigerians operating paypal does not mean they can receive. Your post is talking about receiving money.

A nigerian official paypal account cannot receive money. It can only send

Sir, you can receive your money from Nigeria. Well, I will teach you how you can do this sir. Thanks for staying in touch!!!

I have being into soap making since 2010. I have had cause to travel outside Lagos to train people for FREE; majorly for religious bodies.
I actually was surprised when I heard people rolling adverts on soap making for 4k, 5k e.t.c I was of the opinion that this information should made available for FREE.

However, this is not the only thing we shall be talking about here. We shall be talking about:
1. Soap making
2. Detergent
3. Air Freshener

I will only be teaching this three because I felt they are the safest.
I will also talk about: The processing, making, packaging, branding and sales of the skill acquisitions.

However, this I will not start without people showing interest.

So, please a comment to indicate your interest and make sure you follow this thread to know when I will be starting.

Strahovski1:
Nigerian cannot open a legit paypal account and receive payment.

Basically they need a payment processor in general which they can obtain from their bank or any local aggregator in town.

You cannot restrict to paypal because not everyone can use PayPal. Especially in Nigeria. With dollar at 301 who wants to pay with PayPal? So your first target should be a local gateway such as interswitch. Unless you wana go international then you meet yor bank for global payments then maybe paypal.

#Following

Nigerians can operate their paypal account from Nigeria my brother. Besides, there are other ways to fund your paypal account even at a cheaper rate.

Thanks you for following this tutorials; this is a great signal that you are on the right track. Please, leave a comment bellow in case you have any question.

Depending on the size of what you are looking at; eCommerce can be done in various sizes and shape. For the sake of clarity I have decided to divide these tools in to three different categories; from category A (being the most important tool), category B (Necessary tools) and category C (being the less important tools).

Category A (These are the MOST IMPORTANT TOOLS for your E-commerce business)

Knowledge: The Bible says we should get knowledge because knowledge is the principal things. The Bible even went further that in all our doing we should understand. Knowledge like the one you are getting in a book like this cannot be over emphasis as it’s going to lead you to success in the business. It will safe you some trials by errors method and saves you lots of time.
Paypal Account: You will need this to make payment or receive payment from your clients. It is the safest and most widely used online payment processor.
Email: Yes!!! You will need one in case you don’t have any. This is what you will use in registering and taking mails from both your buyers and sellers. It is a most.
Internet: Even if you cannot afford a modem you should be able to use a friends, family or relatives modem or better still go to a café.
Computer: Desktop/Laptop, you will need one; be it borrowed or rented. If you can’t get one; then you can use the café here too, but you must have access to one.
Category B (Necessary tools)

Mobile Phone: This is necessary for verification sometimes.
Credit Card: In case where you don’t have a PayPal account or you don’t have money in your PayPal account. You can use either your Master Card or Verve Card e.t.c
Website: You may need a website if you are trying to make more money and make it more formal.
Domiciliary Account: Honestly, you don’t need one else you like to receive you money in US Dollars. This you can open in any of your local bank; just ask your bank for a domiciliary account and you will be guided on how you can get one.
Category C (less important tools)

Warehouse: You honestly don’t need a warehouse. There are facilities for this.

Jidexfeel:
There are no examples of e-commerce companies in Nigeria

There are sir. However, we are taking our time to explain eCommerce in details. Just stay in touch as we carry you through. Remember it is without a FEE. Just stay tuned and you will glad you did.
Thanks for taking your time to read the post

Welcome to the second lesson on the series of eCommerce exposed. Today, we shall be looking at why considering eCommerce.

Why eCommerce?

Do you just ask me that question again? Ok! I guess you probably do not know the following people?

Who is JEFF BEZOS? That is the CEO of AMAZON.COM (E-commerce where books are sold) his estimated Net Worth is more than $19.1 billion.

Do you know JACK MA? That is the CEO of ALIBABA.COM (E-commerce for Chinese Manufacturers) his estimated Net Worth is …..

These people are just among the few that are making billions of dollars with E-commerce.

Aside from the above reason; there are some other reason why E-commerce is the business for this generation.

Global Market: E-commerce is a global market; it is not tied to the economy of any country and your buyers are not limited to your own country or state. This is because the internet on which transactions take place has no boundaries. More are more people are making orders online day by day. In fact, E-commerce is one of the fastest growing markets in the world today.
No Limit: E-commerce just like every other online business is never bounded by time frame; even when you are sleeping transactions continues on your website. It is a truly 24/7 market. It does not close like conventional market. This means that, even while you are off or on vacation – you still make money

Entrepreneurship: It actually gives you the freedom you need as an entrepreneur as you are the BOSS of you own business. You can make rules and decisions that will move your business forward without the consent of anybody.
Mobility: This is truly one of the businesses that doesn’t tie you to a place or affected by the economy of your country. You can still run you E-commerce business even when you are outside the country. It is truly mobile!!!
Not Capital Intensive: It not capital intensive; if you have nit started – it is either you don’t have the right information or you probably want to start too big. Definitely not because of money.

Feel free to ask any question concerning this topic. Please, leave your comment below.

Thanks

I am optimistic that by the end of this series you should have all you need to earn your first 5 figures with eCommerce – no joke! To ensure that you did not miss out any detail I have decided to include all that is necessary for your success.

I encourage you embrace yourself as we embark on the journey that will definitely change your destiny.

So, what is E-commerce?

E-commerce or Electronic commerce refers to a wide range of online business activities (buying and selling) for products and services. It also refers to “any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact.”

E-commerce is usually associated with buying and selling over the Internet, or conducting any transaction involving the transfer of ownership or rights to use goods or services through the internet.

What are the different types of E-commerce?

There are five major types of E-commerce are:

Business-to-business (B2B).
Business to-consumer (B2C).
Business-to-government (B2G).
Consumer-to-consumer (C2C).
Mobile commerce (m-commerce).
What is B2B E-commerce?
Business-to-business E-commerce is simply defined as E-commerce between companies. This is the type of E-commerce that deals with relationships between and among businesses.

About 80% of E-commerce is of this type, and most experts predict that B2B ecommerce will continue to grow faster than the B2C segment.

The more common B2B examples and best practice models are IBM, Hewlett Packard (HP), Cisco and Dell. Cisco, for instance, receives over 90% of its product orders over the Internet.

What is B2C E-commerce?
Business-to-consumer E-commerce, or commerce between companies and consumers, involves customers gathering information; purchasing physical goods (i.e., tangibles such as shoes, bags, phones, laptops, wrist-watches or consumer products) or information goods (or goods of electronic material or digitized content, such as software, or e-books); and, for information goods, receiving products over an electronic network.

It is the second largest and the earliest form of E-commerce. Its origins can be traced to online retailing (or e-tailing). Thus, the more common B2C business models are the online retailing companies such as Amazon.com, eBay.com, Drugstore.com, Beyond.com, Barnes and Noble and ToysRus. Other B2C examples involving information goods are E-Trade and Travelocity.

What is B2G E-commerce?
Business-to-government E-commerce or B2G is generally defined as commerce between companies and the public sector. It refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations. This kind of E-commerce has two features: first, the public sector assumes a pilot/leading role in establishing this E-commerce; and second, it is assumed that the public sector has the greatest need for making its procurement system more effective.

Web-based purchasing policies increase the transparency of the procurement process (and reduce the risk of irregularities).

To date, however, the size of the B2G eCommerce market as a component of total E-commerce is insignificant, as government e-procurement systems remain undeveloped.

What is C2C E-commerce?
Consumer-to-consumer E-commerce or C2C is simply commerce between private individuals or consumers. This type of E-commerce is characterized by the growth of electronic marketplaces and online auctions, particularly in vertical industries where firms/businesses can bid for what they want from among multiple suppliers. It perhaps has the greatest potential for developing new markets.

What is m-commerce?
M-commerce (mobile commerce) is the buying and selling of goods and services through wireless technology i.e. handheld devices such as cellular telephones and personal digital assistants (PDAs). Japan is seen as a global leader in m-commerce.

I don't want to waste our time as there are lots of series in this piece.
Just leave a comment and question for me to know you are following.
Thanks