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Numerous online businesses come to light daily, but how many survive? Studies show that around 80% of eCommerce businesses fail to thrive.
However, you can still establish a profitable business with proper knowledge and niche-specific strategies. For example, before starting any business, you should
Identify your target audience and understand their needs, preferences, and behaviors. Analyze your competitors to identify gaps in the market and determine what sets your business apart.
Once you are ready with your products to sell, then-
Develop a comprehensive marketing strategy to promote your business. Explore online and offline marketing channels suitable for your target audience.
This way, you must focus on different
This is the first part of the article