Why Ecommerce Stores Succeed: Act 2

Just recently, Nick wrote an article examining 3 reasons why e-commerce stores fail. Nick writes from experience — he is a longtime seller and runs his own profitable store — and he puts forward some really good points. In the beginning of the article, Nick cites a crazy statistic: “e-commerce in particular is even more daunting – 65% of businesses fail in the first 18 months and 90% in the first 5 years!”…

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Three Reasons Why Ecommerce Sites Fail

Just because the internet is home to some of the biggest businesses in the world doesn’t mean that it’s easy to start a business online. In fact, it’s incredibly difficult. The failure rate for businesses in general in their first ten years of operation is close to 71%. The odds are well and truly stacked against you. However, e-commerce in particular is even more daunting – 65% of businesses fail…

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