People now rely on their smartphones for almost everything. This makes getting into online market businesses such as selling at Shopee more interesting. Because, unlike a traditional business, most of your target market is right at your fingertips.
Unlimited possibilities and opportunities are certainly enough to make some people curious.
But before you start daydreaming
about possible income, here’s the thing:
Having an online presence in a big market doesn’t necessarily guarantee success, and it’s not for everyone.
In fact, 90% of eCommerce startup businesses fail within the first 120 days.
The top 3 reasons are poor online marketing at 37%, a lack of online search visibility (or SEO) at 35%, and having a very small phone number list market for their product also at 35%. If you’re wondering why, when you add up those 3, you get over 100%—it’s because the business owners surveyed could choose from several reasons.
Again, we also believe that having a limited understanding of how online marketplace sales work is a key factor why most online businesses fail.
If you want to increase your chances of being part of the successful 10% doing business online, especially on Shopee, this article is for you.List of contents
How to effectively sell on Shopee in 7 steps
1. Know your market.
2. Find the “right” product.
3. Prepare a marketing plan
4. Create your brand
5. Outsourcing supplier
6. Create your Shopee Seller Account
7. Publish your product Bold Data listing
Create a strategy before you sell
How to (effectively) sell on Shopee in 7 steps
To ensure a better position in a competitive market, here are seven steps you should take.