In today’s relentless eCommerce markets, it has become common practice for retailers to use drop shipping services when sending their products. As drop shipping costs are usually low, retailers are able to keep their prices competitive and consumers happy. How Does Drop Shipping Work? Drop shipping is a simple concept. Essentially, it involves retailers who… Continue reading How To Start A Drop Shipping Business From Your Home
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3 Ways Retail Store Owners Can Win, Despite E commerce
The growing trend of brick-and-mortar retail stores making a shift into the digital arena has got retailers wondering whether the future of retail lies online. It cannot be denied that the world is propelling towards digitisation. In the world of retail, there are still many reasons to believe that physical retail stores are not leaving… Continue reading 3 Ways Retail Store Owners Can Win, Despite E commerce
Accounting for Your Business: Tips for the Retail Industry
Every industry needs to conduct audits and prepare accounting for their businesses, but SME retail stores face several special accounting challenges. A complex business and limited resources to devote to the accounting process are just two of the challenges in the retail industry. Simple economics tells us that allocating scarce resources properly will make your… Continue reading Accounting for Your Business: Tips for the Retail Industry
Have an idea, what next?
This is one question (or some version of it) that is asked on Quora quite often. And, here is a long version of its reply. Launching a new business When you plan to startup, according to the old formula, you write a business plan, pitch it to investors, assemble a team, introduce a product, and… Continue reading Have an idea, what next?
4 Ways To Stay Focused On Your Business Goals
Most people highlight the perks of running a business without telling you of the actual consequences. If you are running your own business, then you know that it is easy to get overwhelmed and lose focus. Here are 4 tips to keep yourself on track when times get tough! 1. Take Time To Replenish Your… Continue reading 4 Ways To Stay Focused On Your Business Goals
4 Ways Artificial Intelligence Is Changing The Course Of E-Commerce
Last year, AI was making waves for all the wrong reasons. Saudi Arabia’s infamous Artificial Intelligence robot named Sophia, was granted citizenship. However, what really made the headlines was her shocking statement that “I will destroy all humans.” Scandals aside, when employed effectively, we notice the more pragmatic uses that AI has to offer in… Continue reading 4 Ways Artificial Intelligence Is Changing The Course Of E-Commerce
3 Southeast Asian HR Startups To Lookout For
A substantial portion of time is delegated to Human Resource Management. These tasks usually consist of paperwork and documentation. In recent times, the development of competent Artificial-Intelligence software have extended towards the HR segment. Human Resource Process Automation (HR Automation) is exactly what it suggests: tools and applications that facilitate the automation of human resource… Continue reading 3 Southeast Asian HR Startups To Lookout For
Setting Up A Fashion Business in The Philippines
Learning how to start a fashion clothing venture may be ideal for small business owners who have a knack for clothing and fashion. Boutiques are a popular way of starting out small, but you may not know just how to begin. Here are some things to consider before starting a clothing boutique. Startup Costs When… Continue reading Setting Up A Fashion Business in The Philippines
SEO: What It Is And How You Can Use It For Your Business To Thrive
Search Engine Optimization (SEO) is the process of making a website more accessible through search engine results pages. The process includes a wide-range of strategies aimed at increasing organic traffic to your website. SEO is a complex mechanism that relies on specific algorithms. While these calculations are not obvious to everyone, there are some fundamental… Continue reading SEO: What It Is And How You Can Use It For Your Business To Thrive
If you get one paying customer does it mean your idea is validated?
Ye! It’s an awesome feeling when we get our first customer to sign up. It’s really a motivator to slog out to get more. But, when you are a new startup project, you are still trying to discover what kind of target audience and pain point does your product resonate and creates a significant value. … Continue reading If you get one paying customer does it mean your idea is validated?