I think there’re two ways to make money online. One way is by selling other people’s stuff and the other way is by selling your stuff.
Online selling is becoming safer and more sophisticated every day. If you have not tried it yet, it is high time you did, either as a shopper or a retailer. Here is some helpful advice for joining either end of B2C (business-to-consumer) e-commerce. After reading this article and completing the exercises, continue exploring the Web, and we are sure you will quickly find something to either buy or sell.
Online selling (also known as B2C e-commerce, online retail, or e-tail) started back in the late 1990s, and today exists in two forms. The most famous online retailer, Amazon, is an example of a pure online seller, without traditional shops, or hybrid retailers. Today there are more and more retailers of another kind, the so-called click-and-mortar outlets, which combine e-commerce with traditional outlets.
If you are a high-street retailer thinking about starting an online business, here is some advice for you. First, it is important to understand the difference between high street retailing, where the key factors are the right location and presenting the items in an attractive way, and online selling, which is much more like mail order, where you need to focus more on customer service.
E-tail is also much more competitive because, as one businessman put it, you are always just one click away from a rival. Price comparison websites, such as Kelkoo in the UK, where you can compare prices on any products to get the best deal, make the market even more competitive. That is why some clicks-and-mortar retailers are adopting the model of dynamic pricing in order to keep their position online while still maintaining foot traffic in their shops.
