- What is a e-commerce business
Section 2: Summary of the Article
- According to a report, the Indian e-commerce market will reach 100 billion U.S dollars by 2022. Financial services will have a major share in it.
- According to the data of PricewaterhouseCoopers (PwC), there will be 425 million mobile internet users.
- By the end of 2020, global e-commerce retail will reach up to 27 trillion dollars i.e. 27 lakh crores.
- We will become a digital-driven trillion-dollar economy by the end of 2025.
- Today there are about 7 lakhs e-commerce merchants in India.
- Soon they will reach 10-20 lakhs. This course will bring a new revolution to India.
Section 3: Main Content of the Video
- Recently, the Indian government launched its union budget for the year 20-21.
- They allocated Rs. 8000 crore on a project named “Bharat Net”.
- To connect complete India with the internet, the internet is made available to around 1.5 lakh Gram Panchayats.
- According to a report, the Indian e-commerce market will reach 100 billion U.S dollars by 2022.
- Financial services will have a major share in it.
- According to the data of PricewaterhouseCoopers (PwC), there will be 425 million mobile internet users.
- By the end of 2020, global e-commerce retail will reach up to 27 trillion dollars i.e. Rs. 27 lakh crores.
- We will become a digital-driven trillion-dollar economy by the end of 2025.
- Therefore, today, large companies such as Alibaba which is a Chinese company, and U.S companies are investing in India.
Why did Walmart acquire Flipkart for 20 billion dollars?
- Walmart knows about the increasing connectivity of the Indian population due to the internet and economic growth.
- 60% of the Indian population will be connected to the internet by the end of the year 2022.
This is going to happen for the first time in the history of the whole world. India is ready for e-commerce.
Bada Business has made the most fundamental and profitable e-commerce course.
For example:
- You are a woman entrepreneur from a small city that sells bangles. You want to go online because you are planning to earn Rs.1000-2000 per day. This is your immediate goal.
- You are a student and you want to start an e-commerce side business to pay your college fees.
- You are a small businessman who owns a retail store of sarees. You want to open more retail stores through e-commerce.
- Your children want to do something new. They don’t want to sell sarees offline.
- You are running big manufacturing that makes car components.
This course will provide you with step-by-step information.
This course is made by:
1. Mr Nishant Manchanda, Professor Bada Business
He is the Founder of a company named “Customer 121” and a customer expert. He is an expert and has helped many businesses to reach the level of Amazon. He has shared a case study of his customers. These people started from zero and today they are earning between Rs. 3 lakh to Rs. 30 lakh per month.
2. CA Ankit Jain, Professor Bada Business
He is a CA for many e-commerce merchants and knows all pinpoints of e-commerce.
Key Note#1: E-commerce course steps
This course is divided into the following 3 steps:
Step 1: Foundation:
- Fundamentals of E-commerce
- Pricing
- Product
- Photography
All these topics are explained effectively in a very simple language.
Step 2: Getting started:
After watching step 1, you have made up your mind to start an e-commerce business.
Step 3: How to run your e-commerce business?
Finally, in step 3 you will run your e-commerce business.
Key Note#2: E-commerce course topics
There are 37 videos in this course that will give you deep knowledge. It will enable and empower you to make a decision and take action.
The following are the topics of the Ecommerce course:
1. E-commerce se Darna Kyun?
- Your fear of e-commerce will be removed.
- You will be provided complete knowledge about e-commerce.
2. What is e-commerce and why it is important in times today?
3. How to take the first step in e-commerce?
4. How to fund e-commerce business?
- How to do self-funding?
- How to take a loan?
- What are the NBFC’s?
- What documentation is required for raising funds from NBBC’s?
5. Top 14 resources required for e-commerce business owners
6. What is the e-commerce business ecosystem?
7. Types of e-commerce business models
- You might be thinking that e-commerce is simply about visiting the Amazon site and giving orders, but e-commerce has many business models.
- We have made it easy for you to make decisions regarding the right business model for you.
8. Investment required for starting an e-commerce business
9. B2B E-commerce vs B2C e-commerce
10. Most profitable categories of e-commerce in India
- You will get knowledge about what & why of your e-commerce business.
11. Understanding e-commerce customers
12. Technology & platform
- You will be surprised to know that e-commerce business is easy to maintain and sustain.
- You will get knowledge about how to grow your e-commerce business.
13. How to choose the right product?
- If all things are right but the product is not right, you will reach nowhere.
- You should make the right product that satisfies customer’s needs.
14. How to manage operations and logistics?
15. Marketplace of e-commerce
16. What is warehousing and inventory?
17. How to price your product?
- We have provided calculators in our two videos.
- You just have to fill numbers in an excel sheet and rest the calculator will do everything for you.
18. Customer services best practices
19. How to do zero budget marketing?
20. How to design a perfect return policy?
21. How to register your e-commerce company?
22. Legal and compliance requirements for e-commerce business
23. Operational readiness
24. Perfect photoshoots of your product
25. SKU(Stock Keeping Unit)
26. How to manage inventory?
27. How to write product descriptions?
28. 5 Case studies of small businesses
29. Product reviews
- How to handle negative product reviews
30. How to choose the right e-commerce vendors?
31. 18 Reasons for business failure
32. How to self-run your store on an e-commerce portal?
Today there are about 7 lakhs e-commerce merchants in India. Soon they will reach 10-20 lakhs.
This course will bring a new revolution in e-commerce in India.
Section 4: Key Outcomes of the Video
- Implement learning of this course in your e-commerce business
- Choose the right vendor for your e-commerce business