The best success stories come from new entrepreneurs who are establishing their e-commerce business in the current period.
If you don’t prepare yourself with the proper tools and services, and direct jumping into this type of business without proper knowledge might be risky, this can cause you to lose everything.
E-commerce has always been the future way, but now it is more than ever before. With the current pandemic situation, the world has become a place of uncertainty, caution, and social distancing, creating better exposure to many e-commerce advantages for businesses and consumers. Just in May alone, during the Covid-19 lockdown, the world’s e-commerce sales reached $82.5 billion, with a 77% increase over the previous year.
Here are 5 business tools that every business owner needs to successfully launch and grow their online retails.
Website tool:
The first and most important tool for the success of e-commerce
business is its platform or website. It will make your e-commerce faster at resolving technical issues (like a rush in sales or server problems) that could cause your page to crash and high costing sales. No need for any tech expert, it is easy to set up. WooCommerce is a good pick if you are comfortable with WordPress.
Research tool:
A successful e-commerce business is all about gaining a competitive advantage. If you’re clueless about your competitors, you will lose easily. So, this tool is used to find out about your competitors, identify opportunities in business favor, and learn how to improve the site.
It is easy to find a good research tool if you are ready to pay, there are some free research tools but it is just for the trial version.
Here are the most common used
- Jungle Scout
- SEMrush
Business tool:
After you have a store, you’ve got to fill your inventory, you also need proper tracking of your employees or outsource workers, track your budget, and adjust your daily financials. This is where the role of the business tool starts.
Here are some suggestions for a good task manager
- Sourcify
- MONDAY
- Veeqo
Marketing tool:
The first thing to create your sale progress is to market it. This tool will help you to track campaign performance, minimizes the time spent on tasks like social, email, and content creation, lets you track your customers, and doesn’t cost a heavy price.
- Omnisend
- Feeds4
- Bulk. Ly
Analytics tool:
This tool uses the work of data science to help you to understand the customer’s demand and how to attract them. This is necessary to have complete knowledge of your customer’s requirements, and why they come in the first place, all just because to increase your sales.
- VWO
- Google analytics
- Neatly
The tools you use are based on your business model, technical knowledge, and sales budget. Always remember to plan carefully, choose tools and platforms that can scale with you, and invest where it counts.
GroupBy Inc. is one of the leading e-commerce solutions providers, that helps many of the world’s leading online retailers, distributors, and manufacturers to drive more targeted site traffic, boost the order values and help them in their revenue growth. GroupBy software serves customers in the United States and Canada.
