What is Alibaba? Alibaba is a Chinese multinational technology company that specializes in the e-commerce retail business. The company, founded in 1999 by Jack Ma and his associates, has worked its way up to a successful business. Alibaba controls its business through various subsidiaries and segments. These subsidiaries generate substantial revenue for the company. Alibaba …
Alibaba is a Chinese multinational technology company that operates in the e-commerce market. The company provides retail, internet, and technology services. The company first started in 1999 in Zhejiang, China. Its founders include Jack Ma and his team of 17 friends and students. Over the years, it has become China’s largest online retail store and …
As technology advances and the internet becoming a basic need, digitization is becoming a norm. Everything is moving to the virtual world. Businesses are not exceptional. In this era, e-commerce is the new way of generating revenue in your business. You need to sell your products or service through the virtual space. However, unlike in …
Wholesaling and Warehousing Business Model: How it Works? READ MORE
As an entrepreneur, building your brand is paramount. You have a desire to have your name on every item you sell in your store. However, it is hard to manufacture everything your customers need. Doing so would require a huge investment in establishing each manufacturing line. For instance, if you deal with food items, you …
In business, you need to develop products and services to meet customers’ needs. You can consider selling other companies’ products. However, this approach has many limitations. First, the owners decide the design, packaging, and feature of their products. They can also decide to terminate it. Such action will mean that you will be out of …
Private Labeling and Manufacturing Business Model: How it Works READ MORE
The desire of every business is profit maximization. As an entrepreneur, you want to retain every coin you generate from your business. This desire is high when you are in the manufacturing business. Your wish would be to sell your products to the customers directly. For a long, this has been a challenge. You had …
D2C – Direct To Consumer Business Model and How It Works READ MORE
If you are not new to the business world, you are familiar with the word broker. You have ever bought a product or service through one. Whether it is on the internet or physical sales, you will find a broker offering you a product or service. Brokerage is one of the many business models that …
Are you looking on to make money online? When you approach many established online gurus, the first idea they will share with you is starting an affiliate business. Affiliate marketing is a place where many webpreneurs start. This model enables them to make a passive income providing them with the cash to invest in other …
Every business thrives in having recurring sales. As an entrepreneur, you need to make continuous sales to remain in business. For this reason, you develop a marketing model that enables you to acquire customers. Your model enables you to win customers and make sales. However, your business will be sustainable if you have a customer …
Online business is the new norm in the 21st century. As an entrepreneur with success as your ultimate goal, you do not have an alternative other than launching an online store. You need to venture into e-commerce to grow your revenue and sales. However, your success will rely on the business model you will consider. …
