E-Commerce

e-com·merce

/ˈēˌkämərs/

nounnoun: e-commerce; noun: eCommerce

commercial transactions conducted electronically on the Internet.

E-commerce is here to stay. Here are some very successful franchises that have closed their storefront to cut cost on rent and increase profit from online sales:

Stores closing in 2018:

  • Toys”R”Us — All stores. …
  • Best Buy Mobile — All stores. …
  • Claire’s – 92 stores (1%) …
  • Sam’s Club — 63 stores (11%) …
  • Abercrombie and Fitch — Another 60 stores (9%) …
  • Winn-Dixie, Harveys, and Bi-Lo — 94 stores (16%) …
  • Foot Locker — 110 stores (3% of stores) …
  • Sears and Kmart — 103 stores combined (11% of stores)

With even thousands more closing in 2019.

It has become imperative for business owners to claim internet real estate such as domains to ensure business security. Godaddy.com is a good site to buy and sell domains and also build out a website for your brand to market.

Make sure you have a service you have the ability to provide and multiple ways to accept payment such as Zelle, Cashapp, and or Paypal and banking which we will get into in the 4th week.

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