Why Asking Questions is Key to Understanding Your Market? The foundation of any successful business lies in understanding its customers. But how do you achieve this understanding? By asking the right questions. Whether through surveys, interviews, or social media interactions, asking targeted questions helps you gather the insights needed to tailor your products and strategies. Why Asking Questions is Key to Understanding Your Market? 1. Uncovering Your Target Market The journey begins with knowing who you’re serving. Questions like “Who is most likely to benefit from our product?” and “What problems are they trying to solve?” help you define your audience. This clarity ensures your marketing efforts resonate with the right people. 2. Deep-Diving Into Market Research To stay competitive, you need to know what your customers want and how the market is evolving. For instance: “What do you like or dislike about existing solutions in the market?” “How do you typically discover new prod
What is e-commerce? How to start it and get more sales from eCommerce? E-commerce, or electronic commerce, refers to the buying and selling of goods or services over the Internet. It involves a wide range of online business activities for products and services. Here are some key components. 1. Online Stores/Marketplaces : Businesses sell products directly to customers through websites or apps (e.g., Amazon , Shopify , Etsy ). 2. Payment Systems : E-commerce platforms integrate payment gateways (e.g., PayPal , Stripe ) to facilitate online transactions. 3. Product Listings : Businesses showcase products or services through digital catalogs, often including images, descriptions, and prices. 4. Logistics : E-commerce includes inventory management, order fulfillment, and shipping to deliver products to customers. 5. Marketing & Advertising : Strategies like SEO, social media marketing, email marketing, and paid ads are used to attract online customers