Reading Time: 3 minutes Amidst the widespread panic created by the novel COVID-19 pandemic, when people across the globe are getting laid off, economies are crumbling, and self-quarantines are being enforced by governments all over the world, one might feel it is futile to even think about starting a business! What if your idea Read more…
Reading Time: 4 minutes You might have conquered the tall task of building an online marketplace platform. What next? You have to get users to use it, which could be a challenge. Did you know that your application’s UX design can be one of the major reasons for the low number of visitors and Read more…
Reading Time: 3 minutes As digital and shared economies continue to evolve and thrive, the idea of an online marketplace is taking off in complete shape across a variety of industries. Although it comes with its own set of challenges, it is worthwhile considering building one for your business. The automobile industry has been Read more…
Reading Time: 3 minutes It’s a really good time to consider building an online marketplace for your business going by the success of Airbnb and the like. Not just that, a marketplace model offers a significant degree of scalability because it can be built to suit a variety of industries, say automobile trading, fashion Read more…
Reading Time: 4 minutes Did you know that there are almost over 4 Billion active internet users? As of 2020, three countries make up the majority of the internet population and collectively, these three countries – US, India & China, account for more than half of the global digital population. In fact, the number of internet-connected devices Read more…
Reading Time: 4 minutes Did you know that jam and jelly are not the same? Also, did you know that biscuits and cookies are different from each other? Well, some things look alike and we also start believing it without trying to understand the subtle differences between them. The same goes for online marketplaces Read more…
Reading Time: 4 minutes It is not surprising to know that all globally-known online marketplace companies started with a simple store with a single chair and table, with very few employees to work with. Traditional marketplaces were the norm with the primary intention of cutting down costs and keeping it simple. In this sense, Read more…
Reading Time: 4 minutes Ever since the advent of the Internet, the online world has come to be seen as a potent force for entrepreneurs. Launching businesses has never got easier, what with the online world empowering aspiring businesspersons to get their businesses up and running on the Internet. The dynamic nature of online Read more…
Reading Time: 3 minutes What do you think are the primary reasons for an online business to not make it as much as it was intended to? Lack of a market need, unsustainable business model, inappropriate software choices, no strategic marketing, and so on. In this context, one factor that looms large in the Read more…
Reading Time: 3 minutes The idea of eCommerce is not new. Right from the days when big names such as Amazon, Walmart, and eBay revolutionized the landscape of the retail industry to date, disruptive business models and eCommerce business ideas have been constantly emerging. Even the numbers don’t lie. As per Statista, it has Read more…