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Archive for the ‘books’ Category

5 major pain points of setting up an eCommerce store and How to Address them

Posted on: September 15th, 2022 by Zomu No Comments

Starting up an eCommerce store is a very exciting but also uncertain time for you. There is a lot of uncertainty about how to manage your inventory. Here are some of the major pain points: 1. Choosing the right eCommerce platform 2. Finding the best eCommerce inventory management software 3. How to manage inventory in an eCommerce store 4. How to manage product inventory in an eCommerce store 5. How to manage warehouse inventory in an eCommerce store 6. How to deal with the uncertainty of inventory management? The good news is that there is some pretty good eCommerce inventory management software that can help you out.

How to increase the conversion rate?

Conversion rate is the ratio of the number of visitors who take a specific action, for example, “Buy now” or “Fill out the form”. The conversion rate is the base for online retailers and online stores. It determines whether the store is successful or not. The smaller the conversion rate is, the less money you receive. If you have a store and you notice that the conversion rate is not good, then you have to work on it. But how to do it? It’s not so simple. You’ll have to work hard, to change the design of your site, change the images on your website or make the structure of your website better. The main thing is to make your store more attractive to the customers. To do this, you may want to take a look at the problems that most online stores face, and try to find solutions for them. In this article, we offer you a few tips on how to increase your online store conversion rate. An E-commerce store is a great way to sell your products online. People who are shopping online are looking for an easy and convenient way to shop. With more and more people using their smartphones to shop, it is becoming even more important for online stores to provide a great shopping experience for their customers. #1. Paying for shipping cost The first thing that comes to mind when people think about online shopping is the cost of shipping. Many e-commerce stores ask for shipping fees. It is important to remember that the customers are looking for convenience. It is best not to charge for shipping. Instead, consider giving a discount for a product if the customer is willing to pay for the shipping cost. Another way to make online shoppers happy is to provide free shipping if the customer purchases a certain amount of products.

How Selecting an eCommerce platform.

Choosing an eCommerce platform can be a daunting task. Each of the top platforms offers something unique, and understanding their differences ahead of time will save you a ton of time down the road. Some platforms are for the more technically savvy, while others are simple and easy to use. An e-commerce platform is a software solution that helps you to launch and manage your online store. Choosing the right one is a challenging task. There are many platforms to choose from. Each one has certain features that make it unique. However, we believe that choosing the right platform is not a difficult task. The most important thing to consider when selecting an e-commerce platform is the support it offers. If you want to run a successful business, you need to make sure that you select a platform that offers fast and reliable support. The platform you choose should also be easy to use and very intuitive, allowing you to manage your online store without much effort. While there are a number of factors to consider when choosing an eCommerce platform, the number one concern businesses should be thinking about is how easy it is to set up and use. It’s worth noting that the bigger the business, the more complex the eCommerce setup will be. For example, setting up an eCommerce site for a business that deals exclusively with clothing will be different than setting up an eCommerce site for a car dealership.

Keeping up with the technology stack

One of the most important and difficult parts of starting an eCommerce business is keeping up with the technology stack. There are so many moving parts involved in an eCommerce store that it’s impossible to know everything that you need to learn before you start. But you can’t just rely on your developer to solve every problem. So you have a website, and you’re doing pretty well. You have a few thousand visitors every month, and a few hundred of them are making purchases. But then you realize that the traffic is growing, and you need to do something about it. You’ve outgrown your current setup, you’ve outgrown your hosting plan, and your eCommerce platform is starting to show its age. What do you do? You could start shopping around for a new hosting provider, and you could start looking for a new eCommerce platform, but this can be a time-consuming and arduous process. Instead, it might be better to make some adjustments to what you have.

What are the must-haves for your eCommerce store?

The first thing to consider when you’re setting up an eCommerce store is how you’ll get your products to your customers. For most small businesses, products can be purchased directly from your store, but for larger businesses or businesses that sell many different types of products, you’ll need to find a way to get your products to your customers. You’ll also need to set up your store so that it’s easy for customers to find what they’re looking for. One of the best ways to do this is by using filters. A filter is a way to help customers narrow down their search. You can set filters to things like gender, brand, size, color, price, and more. Filters can make it easy for customers to find what they need without having to search through a bunch of products.

Conclusion: eCommerce is a growing industry and if you are planning to set up a store, you will need to be ready for all the challenges that come along the way. Ready to create your first business? start your online store today with eCommerce store app zomu

5 Financial Books you must read

Posted on: August 31st, 2020 by Zomu No Comments

Financial intelligence is probably the most valuable asset we have at our disposal. With it, we can formulate strategies to help us save more money, make more money, get more out of the money. Therefore finding ways to increase our financial intelligence is incredibly important to getting a better financial future.

Here are the finest 5 Financial Books that we will recommend to read our viewers.

  1. Money Master the Game:

        Author:  Tony Robbins

This book summary explains exactly how you can turn a small nest egg into a mountain of cash that will let you live your life exactly how you want to. If you invest your money in the right places, then financial security will follow. And if you’re smart about it, you may never need to work ever again!

Key Ideas:

#1: Compounding can ensure that your money keeps growing year after year.

#2: Always put some money into your investment fund each month, even if it’s not a lot.

#3: Don’t fall for investment myths, but do your homework and research the best places for your cash.

#4: Do you have a financial goal? Do you want to just cover basic costs, or live the life of the rich?

#5: The path to financial freedom may be slow at first. But don’t give up; time is on your side.

#6: To make the most of your freedom fund, diversify your investments and keep things balanced.

#7: Take advice from smart investors to guide your path, but be sure to insure yourself against bad times, too.

 

  1. The Compound Effect: 

      Author: Darren Hardy

The Compound Effect offers another path. Build up momentum, make a plan, slowly change our bad habits into good ones, and tackle our personal limits. From the publisher of Success magazine, The Compound Effect represents a concrete how-to guide for reaching your goals and becoming successful.

Key Ideas:

 #1: Immediate results are less rewarding than steady improvement.

 #2: Transform your life goals into daily habits.

 #3: Create a routine to keep your momentum going.

 #4: Embrace obstacles to accelerate your path to success.

 

  1. Who Moved My Cheese?:

      Author: Spencer Johnson

 

      In this story, four characters live in a maze: two mice, named Sniff and Scurry, and two little people, named Hem and Haw. As they travel the maze looking for cheese, it becomes clear that their journey isn’t just to find food – it’s a quest to better understand human nature.

Key ideas:

         #1: Your “cheese” or success in life may be paralyzing you     

         #2: Good situations never last forever, so be prepared!

         #3: Visualizing your goals helps you push through the fear that keeps you from dealing with change.

          #4: Dare to move in a new direction and things will get better.

         #5: Use the lessons you’ve learned from this “cheesy” parable to reach your own goals!

         

  1. The 4-Hour Workweek:

      Author: Timothy Ferriss 

   

Do you want to work eight hours a day, five days a week, until you’re 70 and almost too old to enjoy your hard-earned retirement? Or would you rather just work four hours a week, from anywhere in the world, and earn as much in a month as you currently do in a year?

Key ideas:

 #1: For the New Rich, wealth means luxury in the here and now.

 #2: Define your own rules and throw negative beliefs overboard.

 #3: When it comes to true productivity, less is more.

 #4: Save time by going on an information diet and eliminating interruptions.

 #5: Being productive entails self-discipline and controlling your environment.

 #6: Regular office employees can also live the New Rich lifestyle.

 

  1. Rich Dad Poor Dad:

        Author:  Robert T. Kiyosaki

 

Humans are so afraid of society’s disapproval, that they allow their lives to be dominated by what other people think. For instance, think of the mantra “Go to school, get good grades, get a good job.” This mantra is as popular as ever, despite the fact that it is an outdated piece of advice built on past values and ideas.

Key ideas:

#1: Ignorant people are very likely to make irrational decisions due to their greed and fear.

#2: Although financial intelligence is vital for our personal and collective prosperity, we receive no formal training.

#3: The building blocks of becoming wealthy are being realistic and focusing on financial self-education.

#4: You need to learn to take risks in order to become wealthy.

#5: Becoming wealthy can take a long time, so you need to keep yourself motivated.

#7: Avoid liabilities that take money out of your pocket and focus on assets that put money in.

#8: The main purpose of your profession is to pay the bills, but only your business can make you rich.

 

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