In this article, I will discuss the critical areas that you need to factor into your Amazon FBA research before starting or while running an Amazon FBA business. I have run Amazon FBA business at a large scale and have learnt these to be true by doing it. You will find that I am very critical […]
First and foremost, you must not wait until forever to launch your business, unnecessary perfectionism is a disease and is your enemy when it comes to online businesses. Preconditions to launching a business include careful evaluation of your target market and alignment with the brand and the product that you plan to launch. Your job […]
I have been part of tech startups twice during my corporate career. While those two startups were worlds apart in terms of the actual products, target markets and eventual exits, nonetheless I worked as the product guy and lessons learned during those gigs were pretty similar. As I stepped into online business several years ago, […]
How do I build competitive advantage and barriers to entry in a crowded online world? As we have discussed in PLM Online Business Framework, that there really are four key assets in an online business, i.e. your brand, your product, volume of organic traffic coming in from a diversified set of channels and your ability […]
How do I choose an online business model that’s a fit for me? There are at least seven factors that you should take into account before you jump into a new business and select your business model. Don’t start a new business for wrong reasons, you don’t want to start a business because it worked […]
What are the examples of successful online businesses? Amazon.com is THE ultimate example of an online business with over 300M users worldwide. It also happens to be about 99% automated. Other examples of online businesses include ebay.com, Zappos.com, Udemy etc. As per statista, In 2017, an estimated 1.66 billion people worldwide purchase goods online. During […]
What is a niche market and how is it related to online business? As someone said, “You want to dig your well where you have the best chance of finding water with the least amount of digging.” Niche market is a small and a specific segment of a bigger market where needs and wants of […]
What are the top reasons I should pursue an online business? First of all, you need to figure out why you want to start a business, online or offline. Why is that important? It is crucial because starting a business is full of unknowns and that requires strong commitment and perseverance. Figuring out your WHY […]
I thought it would be helpful if I take the five of the top questions that have been asked about the internet or online business and share my take on each of those. In my answers, you will find both strategic or big picture as well as short-term and tactical information that you can put […]
