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  1. #1
    Senior Member
    Join Date
    Jan 2013
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    Ranchi
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    Is E-commerce Profitable?

    Is E-commerce Profitable?

  2. #2
    Registered User
    Join Date
    Feb 2014
    Location
    delhi
    Posts
    507
    To answer your question straight, its a No. This is given the circumstances under which e-commerce companies are operating and the amount being spent on advertising & deep discounts that are thrown to the customers.

  3. #3
    Registered User 24x7servermanag's Avatar
    Join Date
    Jul 2017
    Location
    India
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    1,022
    It depends on which type of products seling online. E-commerce site is the good platform for profit, off-course! Just you have to be best seller quality wise. Your product should have all the features which wll compite the products of other seller. You should provide some offers during some seasons.

    You should use the secure payment gateways so details of customers will be safe and secure. You should use the digital marketing feature for advertising so you will get more traffic on your website.
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  4. #4
    Registered User
    Join Date
    Apr 2014
    Location
    india
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    355
    The Answer is big No as Ecommerce Companies are spending tremendous amount of money on MAD(Marketing, Advertising and Distribution. For industries to become profitable these cost needs to be decreased.

    In Ecommerce the customer acquisition cost is very high. They generally appoint brand ambassador and paying them huge bucks. So ROI here is very less. basically they are burning cash to increase the customer base.

  5. #5
    Senior Member
    Join Date
    May 2018
    Posts
    117
    It's the future of shopping. If you do not have an online presence, that will surely affect your sale chances. With the rise of voice search, people have not started treating their cell phone as a person or an assistant. If you stay away from that assistant's reach, it will really hurt your chances.

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