The biggest reason to do your homework before starting an eCommerce business, is so you don’t end up like these companies. This list includes some of the most notable cases in history.
The “example of e commerce failure story” is a post that lists the top 5 reasons why eCommerce businesses fail. This article will help you avoid these pitfalls.
It’s pretty much what it says on the tin. For websites, you earn the equivalent of rent payments.
This is how it goes.
Find a small, locally owned service firm and decide to create a website for it.
Pass the leads on to a company owner and begin collecting the cheques as soon as they arrive.
Is it really that straightforward?
You see, unlike ecommerce, you don’t need to run any sponsored adverts on your website. So you’ll just have to pay $8 per month for hosting and $11.99 per year for your name.
And if you can’t afford it, maybe we need to speak about something else.
But, truly, lead generating websites are incredibly profitable and extremely passive.
You won’t have to touch them again after you’ve rated them since they’ll operate on autopilot.
But, you could wonder, what about the competition?
In comparison to ecommerce, it’s almost non-existent.
When it comes to ecommerce, you’re up against millions of individuals all around the world.
We’re talking about maybe 20 of the same sort of firm in a certain location when it comes to lead creation. The majority of them have no idea how to rank a website.
It doesn’t get much simpler than this.
What’s the greatest part?
On average, these sites are worth $500-$1,000 every month!
With only ten of these sites, you may earn $5,000-$10,000 each month in passive revenue!
And your profit margins are 90-100 percent!
But that’s all I’ve got to say about it…
Take a look at this business plan that completely dominates eCommerce!
The “e commerce business is good or bad” is a question that has been asked for years. The top 5 reasons why eCommerce businesses fail are listed below.
- e-commerce failure examples
- what are causes of failure of e-commerce business
- what percentage of ecommerce businesses fail
- failed online retailers
- explain one similarity and one difference between e-commerce and traditional commerce: