Devise a strategy for new company to enter in to e-comm sector

Question

Accepted Answer

Develop a strategy for a new company to enter the e-commerce sector.

Conduct market research to identify target audience and competitors
Create a user-friendly and visually appealing e-commerce website
Implement effective digital marketing strategies to drive traffic and increase brand visibility
Offer competitive pricing and attractive discounts to attract customers
Provide excellent customer service and ensure smooth order fulfillment and delivery
Leverage social media platforms and influencers to promote the brand
Invest in secure payment gateways and prioritize customer data protection
Analyze data and customer feedback to continuously improve the e-commerce experience

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