Start your online business today - E-commerce Event Hyderabad

• 1. Start Your OnlineBusiness Today !!!

2. Job or Business?Decide where you fit 3. Choose Job if you- Cant take risks- Cant afford financial struggle- Cant work hard- Cant afford failures- Cant operate yourself under extreme uncertainty& pressure-Its not wrong doing Job..you going in differentpaththats all 4. Important Traits ofEntrepreneurs- Persistence- Passion- Patience (Tolerance)- Perception (Vision)- Confidence- Flexibility- Strong decision making skills- Think & imagine limitless 5. How do you know that you are fit to do business?-You always feel that you can make things much betterwhile using any service or product- You good at convincing people- You good at managing people- You take the challenges and like to fix the problems- You think creatively 6. What is the business?Business is a commercial activity.transaction happens in between customersor businesses in exchange of moneyWhats the best age to start a business?Studies showing that the best age to start the business is late 30s but there areentrepreneurs who started their companies before in early 20s and madethem worlds best companiesMy advice is start your business as early as you canits good failing in earlyage 7. Start your business...-When you feel you can make thingsmuch better than others- When you have a passion to start a business- When you have an innovative idea- When you believe yourself that you canchange something the way that is - Google 8. Creativity starts from beliefTo play video, click somewhere on the black box 9. Why to choose an online business?-Low cost & risk- Can do in free times extra income- Can work from anywhere & anytime 10. Advantages of online businesses?-You can take your business global sitting in your home-Website operates 24X7- Minimized resources- Easy marketing 11. How to start your business idea? 12. Write a simple marketing plan1) Whats your product or service2)Understand the potential of your business idea3)Target Audience4)Realistic and measurable goals for next 1 year5) Strategies & Tactics6)Budget Breakdown 13. Revenue PlanHow much money we cangenerate & how- 3 months- 6 months- 1 year 14. Recheck potential of your businessidea and why not other companiesget there..Is it unique idea?- Is it a risky?- Any technology constraints?- Any regulations stopping? 15. Register your CompanyEmployee right team with rightskills 16. Start building your websiteRelease Minimum ViableProductEx: Lean startup - Toyota 17. Start marketing your product byspending as much low aspossibleDont pour money on marketinguntil you see initial traction foryour product(You are building product in uncertainty) 18. How to market your online business? 19. Marketing becomes an easy taskwhen you know.Who are your target audience?Who are potential prospects & what they do? Ex: AyurvedicproductsWhats your marketing objectives? Branding or Increasing salesWhat are the marketing channels ? Like SEO, PPC & EmailMarketing.media channel as well- Marketing budget & how much you can spend 20. Selling become an easy taskwhen you have a-Unique product - Monopoly- Innovative product 21. Marketing is not a sellingits more about understandingcustomers & their problemsWhich leads to opportunitiesTreat every customer as firstcustomer 22. Learn from your competitors..but not imitate themChance of failure is 95% withme too products 23. Market on every possible channel(Focus on inbound marketing dont leave mobiles)Dont leave any space for your competitors 24. Price your products rightlyEx: Xiaomi.com & Apple.comEconomies of Scale 25. Focus on quality service, it willgive you the more businessQuality is the mantra to getmore referrals- Google & Apple 26. Be on top of the industrytrends.Focus on the innovation likeprocess innovation & ServiceInnovation etc.. 27. Understand your product orservice has any potentialthreat in near future(Did someone think there is end for few businesses?)Ex: Cell phones - MP3 Players,Calculators, Watches etc 28. Measure your web business 29. 1)Implement Analytical TrackingExample: Google Analytics Track website metrics2) Analyze sales data3) Analyze advertising data forinformed decisions 30. Analyze data based on theKPIs & Micro KPI 31. Data tell us a story understand what it isExample: Snapdeal CODDrill the data down to the best possible levelExample: InstagramBy user, geo, demographic, browser & device etc 32. Grow your web business 33. Be flexible with your businessidea, dont think that you haveto stick to the initial idea, youcan slice & dice your idea forbetter outcome as time goesExamples:Airbnb.comInstagram.com 34. There is only fuel for the growth thats innovationTap market share with your creativity(Innovate a new product or from existing product) 35. Take your innovative productASAP to the marketif notsome is there to innovate theExample:Kodak X Samsung 36. 4 Ways to Grow Your Business1) Sell more products to the existing customers2)Acquire more customers with same productrange3) Increase the product range4) Mergers & Acquisitions 37. Lets Take a Short BreakNext session starts at 12pm by Aryan 38. Risk freeBusiness Ideasto start immediately(BUT NEED GENUINE EFFORTS TO MAKE MONEY) 39. Sell others products onyour website MarketplaceLike Amazon & ebay etchttp://www.affilorama.com/ 40. Start an eCommerce Store 41. Sell Products on EcommercePlatformshttp://www.alibaba.com/ 42. Watch these two presentations on EcommerceE-Commerce A to Zhttp://www.ecomlytics.com/ecommerceatoz/E-Commerce Market, Measure & Grow yourBusinesshttp://www.ecomlytics.com/e-commerce-market-measure-grow/ 43. Teach Onlinehttps://www.udemy.com/You can also have your own website & teach worldwide 44. BloggingDrive traffic to your websiteand put ads to earn moneyhttps://www.google.com/adsense/https://buysellads.com/http://www.clicksor.com/ 45. Upload Videos on YouTubeGenerate traffic to channelYou earn money for every adbeing displayed on your videohttp://www.youtube.com/ 46. Fill the Survey or ContestsOnly go with legitimate GetPaid To Websiteshttp://www.points2shop.com/ 47. Content Writing & Translationshttp://www.lekhaka.com/http://experts.about.com/https://www.crowdcontent.com/ 48. Service SellingThrough your website 49. Nano Jobshttp://www.shorttask.com/ 50. Hackathons, TechnologyEvents & Competitionshttp://www.sparktherise.com/http://www.aaas.org/http://www.cleantechcompetition.org/ 51. Virtual Assistancehttps://helpouts.google.com/ 52. Rent a room for the foreignershttps://www.airbnb.co.in/ 53. Get Paid for Software Testinghttp://softwarejudge.com/ 54. Why people does not start a webbusiness?-Not interested in doing business- Habituated to salaries & hikes- Feel doing business is too difficult- Have not enough money- Do not have technical knowledge..but youcan manage- Do not have any innovative ideas 55. If you have good business ideathere are number of companieshelp you to take your idea to worldStartup Help by NASSCOMhttp://10000startups.com/ 56. What do you need to get succeededin your web business? 57. Do what it matters !!!(You have to focus on strategy)Depends on your business ideaYou need to know 3 Core areas1) Internet Knowledge2) Website Technology Knowledge3) Online Marketing 58. Online Marketing 59. Best resources to learn onlinemarketinghttp://www.quicksprout.com/blog/http://www.quicksprout.com/2014/09/22/get-your-mba-in-internet-marketing-with-these-12-guides-and-2-courses/https://blog.kissmetrics.com/marketing-guides/https://blog.kissmetrics.com/infographics/You can find better websites based on the topic of interest 60. What Next? 61. Come out and lookat the world.You can do wheneveryone is able to doBelieving in Yourselfis 1st step to success 62. At some point, we have to bet on ourlife with marriage We can bet once on business as well !!! 63. Bet on Yourself !!!Life is too shortDo whatever you want right now !!! 64. Business Websiteshttp://business.gov.in/http://growthhackers.com/http://www.forbes.com/http://www.inc.com/http://www.entrepreneur.com/http://www.bloomberg.com/Business Movies- Jobs 2013- The Social Network-Wall Street- Money Ball- Too Big to Fail- The Pursuit of Happiness- The October SkyBusiness Books-The Lean Startup-The innovator's dilemma 65. Watch this [email protected](Please leave your feedback about this event in the comments section) 66. &Ravindra Reddy Chitla+91 [email protected]://www.ecomlytics.com