That’s no small number but in 2015 this was increased to $3.19 billion. It follows Black Friday but these days it tends to do nearly as much business – and it’s growing rapidly.įor example, in 2014 Cyber Monday created a total of $2.59 billion sales online. Cyber Monday is a national holiday of sorts where online retailers are anticipated to lower their prices. These companies have helped many people to put aside any concerns they might have had regarding eCommerce and to trust in buying online.Īnd eCommerce is growing as well doing massive business.įor proof, you need look no further than stats from ‘Cyber Monday’. These are household names around the world and everyone from the young and tech savvy to the elderly are now happy to shop with them. In the early days, people were uncertain about spending money online and found that it was daunting handing over their card details and trusting in a supplier that they couldn’t meet face to face.īut now look at companies like Amazon and eBay. The first thing you need to recognize is that eCommerce is growing. It’s a familiar concept, but what makes it so important? The only difference is that you can do all this from the comfort of your home and once you check out, the products are the simply delivered to you wherever you are. This acts just like a high street store and allows you to browse products at your leisure and add them to a shopping cart. The most popular example of an ‘eCommerce store’ is undoubtedly Amazon. selling products online.īut while eCommerce could mean selling an eBook from a landing page, it is most often used to refer more exclusively to online shops that sell multiple products and that have a particular layout and set-up. So just what is eCommerce? Of course the term refers to online commerce: i.e. Scratch that: this is 100% the best way to make money online and that goes for hobbyists, entrepreneurs, bloggers and small businesses alike.īold claim? Sure is! But read on to find out why we can be confident in making it. If you’re looking to make money online, or even if you just want to increase the profits of your existing business creating an eCommerce store is an excellent strategy. You should have a strong desire to build a Passive Income Business You must have the proper mindset and be willing to take action You should be able to use a PC at a beginner level
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