Key Steps for Successful Ecommerce: Industry, Product, Quality, Long-Term, Exit

– Choose an industry that is growing rapidly
– Select a product with high profit margins
– Create a high-quality product that customers can purchase multiple timesFind a product with great margins and build a high-quality ecommerce business that can be scaled and has a long-term impact on the industry.E-commerce fundamentals: Start with an industry that is gaining speed. Find a product with great margins. Build something of such quality that you can back it for life. Make sure it’s something that people can purchase more than one of. Think of the long-term effect you want to have on the space. Understand and have a realistic exit strategy. #marketing #ecommerce

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