It’s just part of life – if you rest too long, others will pass you by. It’s always important to keep moving forward!
This is as true in the world of e-Commerce as it is in any other part of life. Over the years, I have opened and operated many different e-Commerce sites. I am always trying to open new sites with new product lines. Sometimes those new sites don’t pan out, with poor sales, but most of the time I am able to do well with them. What I do know, from experience is that you can’t sit still. If you do nothing, you are generally moving backwards!
Last year, I put this theory to the test. I decided to spend the year concentrating my efforts on monetizing blogs, instead of paying close attention to my e-Commerce sites. The results were not good! While my efforts in my blogs were profitable, and generally that opened a new income stream for me, some of my e-Commerce sites slipped a bit in sales! So, that has re-enforced to me that I need to keep some close watch on the e-Commerce side of my business too. Yes, I need to concentrate on my blog efforts as well, but not completely ignore the e-Commerce either!
So, this year, one of my focuses will be at re-capturing the market share on those e-Commerce sites. I can’t afford to let them go, and I learned my lesson on this last year! The businesses didn’t totally lose out, they just lost some share on sales. But, they are still strong enough that I can make a few changes and bring them back to where they once were!
How about you, have you found this in your money making attempts on the net?