How to Avoid Price Wars in the Ecommerce World: Why Your Competitor Is Your Friend
To avoid a price war and come out on top in the world of e-commerce, it's important to shift your perspective and treat your competitors as allies rather than enemies. This means focusing on differentiation, collaboration, and providing value to your customers in other ways, rather than engaging in a race to the bottom on price. By viewing your competitors as friends and looking for ways to work together, you can build a strong and sustainable business that stands the test of time.
Starting a Business and Leaving Aviation Pilot Industry: Building a New Career
Making a career transition can be tough, but it can also be a rewarding experience. As a former pilot, I never thought I would leave the aviation industry and venture into e-commerce. However, when the pandemic hit, I realized I needed to pivot my career and explore new opportunities. Starting my own business allowed me to pursue my passions and provided a new sense of purpose. Building a supportive community, having a clear timeline and budget, and establishing your own platform are crucial for success. With patience, hard work, and a willingness to take calculated risks, you can successfully transition to a new career and build a successful business.
Finding the sweet spot between quantity and quality in e-commerce business
Starting an e-commerce business involves many decisions, and one of the most challenging is determining whether to focus on quantity or quality. While both are important, many believe quality should be the primary focus. However, a story of an experimental pottery class shows that quantity can lead to quality. By having the freedom to experiment, make mistakes, and iterate, businesses can develop their products and services to meet the needs of their customers. This article explores the concept of finding the sweet spot between quantity and quality in e-commerce and provides valuable strategies for achieving long-term success.
How to start an eCommerce business in Malaysia
In this article, the author shares their experience of starting a successful eCommerce business from scratch, even in a category they knew little about. They explain the importance of finding your "unfair advantage" and utilizing the tools and resources you have available. The author recommends starting with a laptop, thermal printer, and storage location, and finding funding through various means. The article offers valuable insights for anyone looking to start their own eCommerce business and will provide inspiration and guidance for those who feel like they don't have the necessary knowledge or resources to get started.
Be a Satisficers, not Maximizer
In today's world, we are constantly striving for perfection in all aspects of our lives, from business to personal relationships. But is this pursuit of perfection always beneficial? In this article, we explore the concept of "Maximizers" vs. "Satisficers" and why making the shift from one to the other can have a significant impact on our lives. Drawing from personal experience and research, we provide practical advice on how to become a "Satisficer" and how this change in mindset can lead to improved decision-making and overall life satisfaction.
Should you do 50/50 on startup for your business
Are you planning to start your business with your best friend and do 50-50 sharing? You should read this before you do it.
Why and How I buy out Business Partner
Buying out your business partner is not easy, but here is some advice that might help you along the way.