9 Strategies to build lasting E-commerce Brand

Let’s go through the virtues one by one 

• Patience 
  • Patience is a skill that cannot be developed overnight 
  • One must have patience to gain patience 
  • Patience is one of the most important virtues as businesses take a long time to become a success 
  • It is never easy to keep taking baby steps but that is the only way 
• Cheating 
  • Success attained by cheating is only short-term 
  • Trying to find loopholes and shortcuts take time from focusing on real gains 
  • Cheating can attract suspension of the account 
• Efforts = Results 
  • Success is achieved by hard-work, dedication and discipline 
  • Efforts are needed as there are thousands of sellers who register with Amazon every year 
• 80/20 rule 
  • A simple way to say that only 20% people succeed 
  • 20% causes 80% of the results 
  • 20% of the population earns 80% of the total income 
  • For us? 20% products make 80% profits 
  • A seller must be in the 20% sellers’ group to have the 80% chance of success 
• Build a business, not a product 
  • It is recommended to carry a brand around with multiple products in a single category 
  • This will be useful in creating a brand owned e-commerce store 
  • A business should never expand into multiple product categories 
• Customer support 
  • Retail says “A customer is the king” 
  • A brand should always respond to all the customer queries within 24 hours 
  • Every negative review should be replied professionally 
  • A brand should focus on building a personal relationship with the customer 
• Time Management 
  • Time management is the only way to achieve much more in much less time 
  • One should never be busy doing nothing 
  • A day should be planed every morning 
  • Rushing by trying to plan an entire week or month is not a good idea 
  • A checklist helps with time management 
  • Every individual should set long term goals with short term plans 
• Outsourcing 
  • Skilled jobs should always be outsourced to achieve professional results 
  • A brand is slowly built, one awesome professional result by another 
• Information Paralysis 
  • Being scared is perfectly normal but running away isn’t 
  • Every professional should take breaks during creative blocks, doing nothing is okay sometimes 
  • Download link for an e-book to be used as an Amazon Seller Businessowners handbook is here!