In certain circumstances, it makes sense to buy a business merely to rip it apart. So far ecommerce businesses seem to be immune from that trend.
It's not going to be an easy path for ecommerce startups, but I do foresee a newbie rising up to challenge the giants by the year 2020.
Setting up a million dollar ecommerce business is easy. Sustaining it is the challenge.
I welcome you to explore the opportunity to set up an online marketplace for buying and selling ecommerce businesses.
Scale is the mantra for ecommerce business success. So make sure that you have your scaling formula right.
Do you have a perspective on where ecommerce technology is headed? Are you willing to bet on the ecommerce technology of the future?
Outsourcing some of your business processes does not mean that you run away from your core responsibilties.
If you think that you can get away with no effort in social marketing for your ecommerce venture, think again.
Sure, it is easy to sell tons of products if you offer low prices. But can you sustain those prices?
If your ecommerce business is not in shape to get acquired, you will quite likely miss out on several opportunities.