Like in 2020, e-commerce
start-ups are expected to grow in 2021. Moreover, marketplaces are witnessing
an increase in the number of merchants marketing their products on their
platform. To help you compete with rivals, let’s have a look at the mistakes
that should be avoided.
The lingo
One of the top requirements to be successful in the e-commerce world is having
a great product. Moreover, you must also have a good business plan. After
planning out everything, most retailers would begin listing their products on online marketplaces. However, before
rushing to do this, it is best to conduct a little research to learn about the
requirements of the site and some of the common terms as well.
If you are completely new to this, there is no need to
worry. You can leverage Amazon Seller Central and other guides. These
will teach you about new terms that you may never have encountered before. For
instance, they will teach you about the different product identification
numbers that are needed to make sure that they are more searchable online. You
can also learn about the difference between a GTIN (Global Trade Item Number),
a UPC (Universal Product Code), and an ASIN (Amazon Standard Identification
Number). Thus, to become acquainted with the lingo and to make sure that you
can use them correctly to expand your business, make sure to consult e-commerce
specialists’ glossaries.\
Learn the lingo of online sellers © Royalty-free image
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