Tag Archives: Forbes

More people are buying and selling online, and e-commerce revenue keeps increasing, so it’s no surprise that the global e-commerce market is set to bring in £4.7 trillion at the end of 2023. But what exactly is e-commerce?

Though the simple answer is that e-commerce, or electronic commerce, is the online exchange of goods and services, let’s break down what it is, how it works, and how to get started with your own e-commerce business.

Definition of e-commerce

E-commerce (electronic commerce) is the exchange of goods and services and the transmission of funds and data over the internet. E-commerce relies on technology and digital platforms, including websites, mobile apps and 

Dropshipping is a popular business model due to its low startup costs, zero overhead and simple business model. It is possible to start a dropshipping company for as little as £80, making it a good option for those keen on bootstrapping a new venture. Best of all, dropshippers can sell a full range of products without ever having to purchase or hold any inventory.

In this guide, we’ll explore how to start a dropshipping business from scratch. We’ll cover the basic steps, helpful tools to launch your business, and key considerations.

What is dropshipping?

Dropshipping is a business system that allows a company to sell products without ever maintaining an inventory of the products. The…

E-commerce has seen impressive growth in recent years, e-commerce statistics show. Global retail sales made up nearly 19% in 2021, and it’s predicted to be nearly 25% in 2026. Here are innovative online business ideas that tap into this flourishing market, focusing on ventures that require minimal startup costs and experience. 

With global online retail sales expected to exceed around INR 500 trillion by 2025, it’s time to explore an online enterprise that aligns with your ambitions and leverages the digital age.

What Is an Online Business?

A business that operates online, known as an e-business or e-commerce business, uses digital platforms and tools to provide products or services…

Creating the optimal e-commerce website design and user experience (UX) can be challenging. Great UX combines multiple design choices of the website’s information architecture, site-wide navigation and individual page layouts. Each decision can change the odds of making a sale—in one way or another.

Because of the razor-thin profit margins, e-commerce companies can’t afford to make poor design choices. Learn what design best practices other retailers use to succeed with this list of e-commerce website design examples.

Shopify is a user-friendly e-commerce platform that helps small businesses build an online store and sell online through one streamlined dashboard.

Shopify merchants can build a modern online store and sell on social media sites, seller marketplaces, other blogs and websites and via email, text and chat. In-person selling is a snap on Shopify too, with its built-in point-of-sale (POS) for retail stores, pop-up shops, market sales and more.

What is Shopify?

In technical terms, Shopify is a subscription-based software-as-a-service (SaaS) sales platform. Shopify offers three standard store subscription plans with fees starting at £19 per month. All standard plans support a branded online…