3 Quick Tips For e-Commerce Startups In 2019

While the e-commerce industry is still booming, leveraging it is more difficult than ever, courtesy of ultra-high competition. This is why, if you’re planning to launch an e-commerce business in 2019, you would need more than just a bright idea and marketing strategy.

Here are 3 quick tips for e-commerce startups to get a right start and steer in the right direction:

1. Find a Co-Founder 

Yes, running an online business is not easy. You can’t do it alone. In fact, look at any success story and you will find a group of people working on it from the start. Meaning, even if it’s your idea, bring on board a few co-founders who add more value to your idea, venture, and initiative.

When you have the right people with you who share the same vision and goals, you will find it incredibly easier to start, scale and sustain your e-commerce business.

2. Partner With a Wholesale Liquidator 

That’s right. Instead of buying products from the manufacturers or distributors directly, partner with wholesale liquidators online.

These days, you can easily find a handful of very good wholesale liquidation merchandise sellers who bring high-quality product at the cheapest price possible. And these products are often highly branded, which can demand more price from the consumers.

So, with the right liquidator by your side, you can easily stock your warehouse with quality and affordable products.

3. Beat Them In Price 

There are tens of online stores out there who are likely offering the exact same kind of products and collections like you. There’s no way to beat them in the short-run except lowering your price. (For the long-run benefit, you must deploy a proper branding strategy.)

So, make your price highly competitive so to attract more customers based on your heavy discounts. If you have purchased the product from a liquidator, you won’t find doing this part difficult.

These are 3 quick tips for e-commerce startups in 2019 to win the game and grow in the right direction.