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Clarity

Ankush Mahajan

Mohali, India

I am working with FATbit technologies. I am an expert in online marketing & ecommerce business. Get some best marketing tips to build your brand.

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Online Marketing Google AdWords Search Engine Optimization (SEO) Ecommerce Strategy Online Marketplace

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Online Marketing

I am working with FATbit Technologies, a professional & quality web design, development & digital marketing company

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Answers

Ankush Mahajan answered

Are there marketplace experts for mentoring here on clarity.fm?

Let me know If I can help you. I am working with Yo!Kart online marketplace platform where we help global business owners to launch their own eBay, Etsy, Amazon, or other such marketplaces. I can help you to guide on these topics:

Future of online marketplaces
Different Business models
What are popular revenue channels in an online marketplace
What are the must-have features and functionalities?
How to start with pro active and pre active marketing

Feel free to ping me.

Thank You

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Online Marketplace

Marketplaces

Demand Side Platform

Ankush Mahajan answered

What is the process of hiring a dedicated IT development team?

Yes, that is a better idea. Here are some questions you need to ask before hiring a dedicated software development company:

How agile & flexible they are?
There previous work examples for different clients
White-label services or not?
Pricing strategy (Fixed or hourly based)

For more details or to hire a dedicated software outsourcing team, you can check here: https://www.fatbit.com/website-design-company/hire-dedicated-designers.html

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Software Development

Ankush Mahajan answered

How much does it cost to build/maintain a website for an online marketplace?

With the project scope, it also depend whether you want a readymade script or a system from scratch. Building a system from scratch require lots of time and money so buying a readymade script is better option for small scale startup businesses. If you want to start a multivendor ecommerce marketplace then Yo!Kart "http://www.yo-kart.com" is one of considerable option for you. At $250 you will get a fully customiziable ecommerce platform with advanced features. Feel free to discuss or to share your queries

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Online Marketplace

Marketplaces

Web development

Ankush Mahajan answered

What are the biggest mistakes startups make?

The topmost factor that can lead to a startup death is lack of idea scalability. It happens when you move on without doing enough research before building up your business idea. Next slip-up that failed startups have committed is the lack of focus. This is the common mistake made by all the growing websites that shut down sooner or later. As a startup business you need to understand, It doesn’t matter how large or small your business is, during initial phase, progress will come at a snail’s pace.

I will recommend you guys to read this awesome post written on startups: http://www.fatbit.com/fab/biggest-online-startup-failures-read-learn/

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Start-ups

Ankush Mahajan answered

Looking for someone with extensive experience and track record in Book Launching online.

I would like to say you best of luck and if you are looking to build a platform to launch the books online then feel free to contact FATbit. FATbit is helping the small businesses or startups to build the online platforms and having extensive experience with a good track record. For any of your query or to get tips for your idea, feel free to contact here: http://www.fatbit.com/request-free-website-consultation.html

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Book Publishing

Ankush Mahajan answered

Need critical advice on improving the look and feel of our self starter campaign currently running on our website

Hi, I have gone through your website and its good from designing point of view. But your site is not SEO friendly as your site have only 3-4 pages and main category pages are working with hash. So as SEO prospective your website has less scope to get the much traffic for targeting keywords. You need to work on this thing at priority before you start any kind of campaign. Feel free to discuss with me or get free website consultation just fill this forum at here: http://www.fatbit.com/request-free-website-consultation.html

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Crowdfunding

Crowdsourcing

Ankush Mahajan answered

Which e-commerce platform is the best for selling products globally?

It is a question that every seller or retailers think who wants to sell online. Whether you should sell your products in an online marketplace or start your own e-commerce website?
There is no doubt that selling on the online marketplace is an easy option and since they have readymade traffic, you can expect immediate sales on the day you start selling on the online marketplace. However, in the long run, the benefits of running your online store will outgrow your desire to sell products at other websites.

By not selling on your own website, you are losing the following things:

• Brand value. Listing your products at online marketplaces will shadow you amidst hundreds of other retailers and curb your brand identity.
• Fear of losing the business. You can be removed as a seller any time and also marketplaces increase its commission percentage when they want.
• No control & flexibility. Since you are selling amidst hundred of sellers, you will have to offer a competitive price.
• No access to customer data. On online marketplaces, this data remains with the owner and not the vendor. This means you cannot retarget your customers for offers, deals, and promotion.

There are many other disadvantages of selling on an online marketplace. You can start your own ecommerce store FREE with QuickeSelling.com. Unlike Shopify, it is a free and quick solution to launch ecommerce website/apps. Visit: https://www.quickeselling.com

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E-commerce Consulting

Ecommerce Strategy

eCommerce

Ankush Mahajan answered

Which is more beneficial nowadays-- SEO or PPC

Both techniques have their own benefits. For example, if you are looking for instant traffic and have high budget then you opt for PPC. However, if your website is new and not optimize from search engines point of view, then you must need to invest in SEO.

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Search Engine Optimization (SEO)

PPC Marketing

Web Design

Ankush Mahajan answered

Setting up an on-demand web services business and quotes very expensive to build the platform from scratch. There should be templates for sale by now?

True, building an on-demand web services platform from scratch can cost you thousands of dollars. You can choose ready to launch or turnkey solutions like YoGigs for building the on-demand services marketplaces at very less cost.

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Startup Consulting

Web development

Website Monetization

Ankush Mahajan answered

I'm having a hard time choosing ecommerce sofware for my new store.

According to your business requirements, Shopify is a good platform to go ahead. But it is true you have to share a major chunk of your income with Shopify as they charge 2% for every transaction. The best alternatives to Shopify are Bigcommerce and Volusion. Both platforms beat Shopify in additional transaction fees since they charge none.

For information about other alternative solutions, you can read the following post:
https://www.inc.com/bill-carmody/top-seven-ecommerce-platforms-in-2018.html
https://www.jeffbullas.com/top-ecommerce-platforms/

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eCommerce

Ankush Mahajan answered

How much would it cost to set up a small vendor-based eCommerce website like a mini Alibaba, Elance, or Upwork?

There are 3 best possible options to build a multi-vendor ecommerce marketplace:

From scratch - It will cost you very high and you need to have the sound technical understanding to managing the platform.

Plugins & extensions: With plugins or extensions like woocommerce, you can set up a multi-vendor marketplace at very less cost. However, the platform will not be scalable.

Turnkey Solutions - The best option is to choose ready to launch or turnkey solutions. Turnkey solutions are cost-effective & provide great flexibility.

As per your requirements, you can start with Yokart multi-vendor platform. Yokart is one of the best turnkey multi-vendor platforms that comes at a minimal price. For more details, you can visit here: https://www.yo-kart.com/

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eCommerce

Website Development

Website Monetization

Reviews

Member since November 2015