Do the Right Thing - Starting an e-Commerce Business
Do the Right Thing - Starting an e-Commerce Business
We are in the internet age now, the age wherein every little thing can be done in through the use of the internet. You can use the internet to send and receive mail (e-mail) and messages, you can take classes on the internet, research and write about different things, and of course, do business. An online business is called an e-Commerce. It is website which has different services or products to sell. But how will an e-Commerce site be successful? Steve Barbarich, CEO of the very successful group of e-Commerce sites, gives us an insight on how to be successful in the e-Commerce industry.
Who is Steve? Steve Barbarich is an author, entrepreneur, inventor, and a philanthropist to top it all. He graduated from Harvey Mudd College with a degree in engineering. Being an inventor, Steve had some products patented and founded the company IP-R (Inventors Publishing and Research) where he and other inventors helped each other in making money with their inventions.
But what really started his e-Commerce career was a bad experience. Steve bought a tub from this online retailer. He waited for a long time before he can actually get the tub he paid for. When it came, he was surprised to see that it had the wrong dimensions. The tub couldn't even fit his doors! So he called the site's customer support people, but to no avail, all they can give him was an apology and the usual spiel "Good luck next time, it was good doing business with you". This made him realize that it's time to beat this game head on.
In starting an e-Commerce business, always remember that competition is around. Think of the best way to make better deals than others. In this case, Steve partnered with the top rated hot tub manufacturers so he can present the cheapest hot tubs around. By doing this, the tubs in his site are "factory priced" - the lowest compared to everyone (even physical store retailers). This also means that all warranties associated with the tubs are intact, plus they may even have additional perks. The delivery/shipping times of the tubs is also shorter since the tubs goes straight to you as soon as it has finished its quality check.
Make sure that you provide customer service like no other. Customers who feel comfortable and at ease with the customer service people are more likely to come back because they know they are valued. Steve made sure that the people at his site understand why they should give quality customer service. It's pretty simple actually, its because in every business, the customers are king. It is also important not to hard sell or over sell things the customers doesn't need. Use the consultative approach, wherein you just inform the customers what items or add-ons you think fit their personality and lifestyle the most.
Steve added a perk not all e-Commerce sites have. Being the philanthropist that he is, he made sure that in every purchase of anything in the site, part of the profits will go to notable charitable institutions (some of which include the American Red Cross, the Covenant House, the Mills-Peninsula Breast programs, and the Gulf Coast fund for Commnity Renewal and Ecological Health).
True enough, the secret to having a successful business is doing right. If you start your business by doing good not just to the customers, but to every person you encounter, you will surely be on top of your game.
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