07 Nov 2018 | By Jish
Topics: Free E-commerce Business Ideas on Global Entrepreneurship Week
As Global Entrepreneurship Week is observed from 12th November to 18th November 2018, the potential to begin a business in the e-commerce sector is open for everyone. It is aiming to help millions of people unleash their ideas to start and scale new businesses through Global Entrepreneurship Week (GEW).
During this one week each November, GEW inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors.
Powered by the Kauffman Foundation, the initiative is supported by dozens of world leaders and a network of more than 15,000 partner organizations.
With the increasing penetration of Smartphones, easier access to broadband, the impressive growth of internet users and the growing line of mobile E-commerce stores, indicate a paradigm shift in buying preferences.
The advent of the Internet has radically transformed the world of communications, information exchange and business.
The present generation of young entrepreneurs is looking for easy and quick solutions to excel in business. The most efficient and cost-effective solution for entrepreneurs to overcome difficulties is by choosing the online route for their business. Young entrepreneurs are technology savvy, and most of them can effectively leverage the use of technology in order to give them a head start in the industry.
An online business offers many benefits. The young entrepreneurs can save on the costs of running a traditional brick-and-mortar store, accept online payments, ship products with logistics support, reach customers all over the globe, open their store round-the-clock and provide customer support.
The cost of setting up a business website is low, but it establishes a strong foothold in the e-commerce industry and also stimulates public interest by the way of social media, e-mailers, videos, online advertisements, etc.
During the GEW, Young Entrepreneurs understand the importance of putting their products and services online in order to reach out to a wider global audience without investing heavily in the physical infrastructure required to go in the traditional way. It also enables them to handle their business remotely from any location.
E-commerce solutions provide a ready platform for the young enterprises to portray themselves for their potential customers. The start-ups now have many options to exhibit their products/ services through online E-commerce solutions which offer them various features to customise the presentation of their online stores. Payment gateways and other integrated features help them establish an easy connection from various social sites where they promote their online businesses.
Everyone in this world needs a mentor to grow in each and every field of life. So why not an e-commerce business? A new entrepreneur cannot most likely acquire the performance needed to sustain in the industry unless he has proper guidance from someone experienced.
During the Global Entrepreneurship Week, many expert mentors may guide and support your start-up business and help in what you or your company lacks. Without proper mentoring, no company can grow.
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