Essentials For Indians

Building an e-commerce business: Lessons on moving fast

https://essentialsforindians.com/2020/12/30/building-an-e-commerce-business-lessons-on-moving-fast/

While the full implications of COVID-19 are still unknown, it’s clear that the impact on retail is already significant. Emerging evidence points to a significant shift, as customers scale back their shopping in stores and instead go online.

Narrative Essay on Whether You Enjoy Shopping Essay about Shopping

https://essentialsforindians.com/2020/12/29/narrative-essay-on-whether-you-enjoy-shopping-essay-about-shopping/

Everybody has their own way of relaxing and escaping from gloomy and mundane everyday life. As for myself, whenever I feel blue, disappointed with anything or just bored, I go shopping.

New Research Reveals More Consumers Are Shopping Online for Everyday Items

https://essentialsforindians.com/2020/12/26/new-research-reveals-more-consumers-are-shopping-online-for-everyday-items/

It can be hard to believe that a generation ago, most people bought almost everything from a local retailer. However, the internet and ecommerce have drastically changed the way people around the world research and shop for the the things they need. A recent international study showed how consumers in different markets use the internet as their modern retail solution for everyday items.

In March 2018, Periscope by McKinsey surveyed more than 2,500 consumers around the world (including 1,000 in the U.S.) to see how consumers are researching and purchasing consumer packaged goods (CPG) products online.

The total market share of “non-store,” or online U.S. retail sales was higher than general merchandise sales for the first time in history, according to a report from the Commerce Department this week.

“The days of the internet and online shopping being ‘just a fad’ have come a long way over the years, but February’s Retail Sales report (released Monday) highlighted another of many major milestones that the growth of online shopping has reached over the years,” said Paul Hickey, co-founder or Bespoke Investment Group, which reported the statistic in a note to clients Tuesday.

Online shopping overtakes a major part of retail for the first time ever The online sector, referred to as “clicks,” has been slowly eating up market share in the past two decades.

Skills to run an eCommerce business

https://essentialsforindians.com/2020/12/16/skills-to-run-an-ecommerce-business/

What are the essential skills needed to run an eCommerce business? Starting, and then managing a business of any kind, is a dream for many people out there. But, how do you start? What do you need to know before starting an online business, and how can you build a team to help you grow?

You have a great idea that just feels right, and you can sense it’s going to make it on the market. Now, before you quit your regular job and put all eggs into one basket, you should consider some of the skills you will need to put things into action.

You may be great at certain things, and there are some elements to running an eCommerce business that you will need help with. It’s important to know the difference.

ACE MODEL AND X-FACTOR IN LEADERSHIP Executive Presence: The ACE Model Creating the X-factor in leadership! “A person exhibiting executive presence is someone who, by virtue of the effect he or she has on an audience, exerts influence beyond that conferred by formal authority.” ___ , Gavin Dagley, Executive Presence is an evolving ...

Boost Your Online Sales This Holiday Season by Focusing On These Critical eCommerce KPI’s

https://essentialsforindians.com/2020/12/15/boost-your-online-sales-this-holiday-season-by-focusing-on-these-critical-ecommerce-kpis/

The key reason for this rush and competition is because eCommerce has entirely changed the relationship between shoppers and retailers. In the wake of current pandemic, eCommerce has now shifted its position from being an alternative to a necessity.

As sellers are increasingly shifting towards eCommerce, they are also realizing that customers have a unique preference for the products they buy. They are limited to time and typically have fixed budgets. Even though there is a significant spike in the eCommerce industry, it is observed that majority of customers visit an eCommerce website but just 2.86% convert according to industry research.

I have always been inquisitive with a natural tendency to probe deeper and trying to connect dots, create frameworks/models, understanding systems/ ecosystems and seek answers. This is what I have taken up as a profession “Business Consulting” and have always been trying to add value to the clients through “Creative Problem Solving”. In my pursuit to continuously improve and enhance my consulting skills, I have been pushing myself and trying to keep myself updated with a lot of reading, networking and sharing (in a competitive world) which has had its own effect in terms of stress on me. Little did I know that my foray into the world of coaching was helping me to introspect and be effective as a consultant.

https://www.jyotinarain.com/…/how-coaching-is-helping-me-t…/

How coaching is helping me to be better at consulting

Rising Shopping Apps Boosting M-Commerce in India

https://essentialsforindians.com/2020/12/14/rising-shopping-apps-boosting-m-commerce-in-india/

According to the recent survey conducted by Criteo, the performance marketing technology company, a majority 80 percent of shoppers responded that they feel comfortable and secure using a mobile for online shopping.

Fashion (88 percent), electronics (78 percent) and health and beauty (54 percent) are leading categories in India encouraging about half of the respondents to purchase products and services two to five times a month, the report said.

“In this cluttered retail market, brands need scale and personalisation to compete on an equal footing with their competitors. To do so, they must tap into an open commerce marketing ecosystem and use technology and data analytics to help shoppers find products of their choice and need,” said Siddharth Dabhade, General Manager, Criteo India in a statement.

Stop RUNNING … Start LEADING There are many successful leaders today and the way outside world looks at success is defined in terms of level or position in the organisation, power they wield and money that the leader earns. But how many of them actually lead? Agreed, that they might have grown faster than others, might have got...

Coaching – a learning experience for the coach Coaching is regarded as a self directed learning experience for the person being coached (the “coachee”) – what does it do to the coach?  I have been an executive coach for over the last seven years and have found that it could be fascinating journey into personal growth for a coach. Every se...

Gradual opening up non-essential goods via e-commerce will help meet consumer demands: Flip-kart

https://essentialsforindians.com/2020/12/12/gradual-opening-up-non-essential-goods-via-e-commerce-will-help-meet-consumer-demands-flipkart/

NEW DELHI: Walmart-owned Flipkart on Saturday said gradual opening up delivery of non-essential goods through e-commerce will help meet consumer demands, while easing the burden of piled up inventory of micro, small and medium enterprises amid the nationwide lockdown.