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There are 2 main approaches that you can take if you would like to create a new business model or refine an existing one. However, this can leave small businesses with the problem that they are not doing enough to retain the customers that they get initially. If you´re selling something you have created, you may be able to get financial help through crowdfunding, especially if your product is unique, creative and one-of-its-kind. As you go through wholesaler directories and conduct your research, ensure all potential suppliers show a good track record of delivering their goods on time, offer a reliable point of contact, and produce top-notch products. Instead of fighting that trend, why shouldn´t companies embrace the paradox that goes with it: the best way to retain customers is to set them free. ECommerce refers to any form of business transaction conducted online. Online stores like Amazon, Flipkart, Shopify, Myntra, Ebay, Quikr, Olx are examples of E-commerce websites. Ecommerce businesses—which are businesses that transmit goods, services and funds over the internet—run the gamut in size and scope, from retail behemoths like Amazon to Etsy craft sites.

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