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Online Business Examples – Inspirational Case Studies for You

Are you looking for strategies to expand your company but aren’t sure where to begin?(online Business Singapore)

What better method to improve your Ecommerce business than to study what others have done successfully?

It takes a lot of time, effort, and most importantly, planning to run an internet store. It can be challenging to get the hang of at first, but fortunately there are many eCommerce businesses from which you can learn and use those ideas into your own company.

We’ve gathered some of the most well-known eCommerce businesses to aid you in this process and up your online company ante.

5 Singapore and International Ecommerce Success Stories to Learn From

Zalora(online business Singapore)

Offering ease to your clients
Zalora, which launched its Singapore market in 2012, has developed into Asia’s top fashion e-commerce platform. It offers a large selection of national and international brands in addition to designer labels, with a marketing approach that primarily targets the young and trendy demographic.

With over 1.1 million monthly visitors to its website, Zalora makes an effort to give its customers the best possible customer service and experience by offering a free 30-day return policy, quick island-wide shipping with free deliveries over $40, and practical payment options like cash on delivery.

For added convenience, Zalora now has a mobile app that contains distinct sections for different shoe types and even colours, making it simple for customers to navigate and find the things that they are looking for.

Reebonz (online business Singapore)

Increase trust while adding a personal touch

For people who appreciate the finer things in life when it comes to fashion, Reebonz is an excellent eCommerce platform. Given that luxury goods like watches, jewellery, shoes, and handbags serve as the ultimate status symbols, it is no surprise that Reebonz has more than 4.5 million members.

Since buyers could be sceptical of the genuineness of luxury products sold online, trust is something that needs to be earned when it comes to selling such expensive items. To address this issue, Reebonz realised it needed to become a recognised eCommerce platform while also offering services that provide clients the same sense of exclusivity and personalised treatment they receive when shopping at high-end shops.

Reebonz goes above and beyond to give excellent customer service, including quick response times to questions, lovely packaging, and having a team of qualified ateliers to authenticate all the products being sold on their marketplace.

Love, Bonito(online business Singapore)

Don’t promote items; promote a way of life
A fashion eCommerce platform called Love, they found Bonito in 2010 and is “for real women, by real women.” Its message resonates with the target population that it seeks to reach, which is why it is so well-known and adored by women in Singapore.

Love, Bonito promotes the idea that women can empower themselves by looking well and improving their self-confidence through a robust social media approach. Love, Bonito outpaces its rivals by positioning its brand as a lifestyle and steadily building a multimillion dollar fashion empire.

TOMS(online business Singapore)

Pay attention to issues that your consumers care about.
A few years ago, TOMS gained international recognition for its one-for-one marketing campaign and feel-good, socially responsible approach to advertising.

In collaboration with charitable organisations, TOMS donates a new pair of shoes to a child in need for every pair of shoes that is purchased. Although TOMS has abandoned this one-for-one donating business strategy, it was groundbreaking at the time and assisted TOMS in gaining a devoted following of repeat buyers.

Additionally, the business urged customers to participate in social media campaigns using #withoutshoes, which provided them with quick access to user-generated content that they could use it to increase their social proof and SEO without costing them any money.

Everlane

Be open and honest about the production process.

Everlane made the conscious decision to go a different direction by developing products with radical transparency since it was aware that the internet industry was oversaturated with companies striving to provide clients the lowest rates.

This entails telling their clients about the entire production process, including the exact cost of each and every stage. This is done on each of their product pages, and they even include details like the facilities where the products were manufactured, the resources used to create them, as well as the precise profits they get from each sale.

When it comes to online buying, this level of transparency is practically unheard of, so it definitely sets them apart from other eCommerce customers, particularly those who want to reduce the negative social and environmental repercussions of rapid fashion.

There you have it, then. You can learn in a variety of ways from the several existing, successful eCommerce business models. Although not all of these examples may be applicable to your own online store, it is still important to understand how other businesses interact with their clients and foster brand loyalty in order to succeed in this market.

All the success tales we’ve presented have one thing in common: they all have businesses that know exactly what they’re selling and to whom. Start there, and you’ll be well on your way to running a prosperous eCommerce company of your own!

These e-commerce examples also gave us some useful information on the methods, techniques, and technologies that they employed to develop their enterprises. Even today, we still find these fascinating and instructive.

In addition to watching Shark Tank, the following list of other e-commerce examples may also serve as a source of inspiration for you.

Later in this post, we’ll also share with you one of our favourite resources for learning from other successful organisations’ setbacks.

Example 1 of an online transaction: selling $170,000 worth of hot sauce in ten months.

You now have it. To succeed, you don’t need to create a new Facebook!

Using raw honey and chilli flakes to make their own spicy sauce, Casey and Morgan were able to sell $170,000 worth of it in just one year.

This case study discusses some illuminating advice, insights, and resources that they employ in order to run their e-commerce website.

E-Commerce Example #2: How these full-time parents sell doll clothing patterns and get $50,000 in sales per month

Due to the fact that the business’s founding couple are also full-time parents, this case study is very motivational.

It also demonstrates how you may build a highly lucrative firm even in extremely specialised markets. In this instance, they sold all doll clothes patterns(seriously!).

Jason and Cinnamon identified a problem, made use of their expertise, and provided their clients with digital products.

This is a terrific illustration of how digital things operate, how they can be leveraged more than physical products, and the sales methods they employed.

Example 3 of online commerce shows how a company that sells fresh juice increased monthly sales from $8,000 to $96,000.

Selling any product is difficult, and building momentum to increase sales is equally difficult.

Like other small businesses, Jessica, the founder of Raw Generation, went through a period of figuring out how to produce sales.

She needed to determine the best positioning for her juicing product and how to increase sales. She tried out discount websites (like Groupon, etc.) and expanded her company from there.

Jessica also includes five key lessons in this case study that she discovered while growing her company.

E-Commerce Example #4: A former criminal established an online company that generates $80,000 in sales per month.

What happened to you in the past doesn’t really matter. You can be successful in starting a business if you work hard, are persistent, and constantly learn.

From the age of 11 to 27, Robert Nava spent time in and out of prison. But that didn’t stop him from being successful in his sales of outdoor equipment.

As he didn’t have any of his own things to sell, he concentrated on developing a dropshipping business. He found success by growing a Facebook following.

Building an online store successfully isn’t always biassed against your background. If you allow yourself to, you can decide how your future will turn out.

E-commerce case study no. 5: How a company built a seven-figure business by leveraging YouTube

The majority of individuals think that the only means to promote to prospective customers are through conventional ad channels like newspaper or magazine ads.

This husband and wife pair used YouTube, one of the most swiftly growing and well-liked channels, to market and sell hair extension items.

They achieved this by offering their audience free video tutorials on how to make dazzling hairstyles (influenced by celebrities) on your own while also providing them with excellent and important material.

This “free” kind of marketing is incredibly potent and successful. Building a brand, fan base, and eventually marketing useful things for your audience to buy to help them achieve their goals through the use of tutorials is a great approach to grow your business (in this case study, create beautiful hairstyles).

CONCLUSION

Trying to start your own business is ultimately a difficult process, but it can also be highly rewarding.

Reading up on case studies will ease your trip because going it alone is difficult.

You can learn new, intriguing ideas or tactics from these case studies, and they can also be therapeutic because you can understand how other people have had similar struggles.

Source: online Business Singapore , how do you start your own business online

The post Online Business Examples – Inspirational Case Studies for You appeared first on Today Posting.



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