There is no excuse for anybody as far as the competition is concerned, in e-commerce platform. Especially for the new and the small e-retailers it really becomes difficult to make their position and compete with the e-commerce leaders like Amazon, e-Bay, Walmart etc. The threats that the new comers have to face are: Authority: Amazon sells almost everything and their site has the authority to give it the edge on any product that they care to sell. Reach: Amazon’s reach in the market is incredible. Think of anything and Amazon has already sold it. Price: Due to their awesome buying power, many products are cheap on Amazon or eBay. Low entry barriers results in huge competition and low prices. To be successful in e-commerce you have to either maximize your strength or beat the competition. You already know how to improve yourself. Now, let’s see how to beat the competition. Understanding Strengths and Weaknesses of your competitors SWOT analysis is a...
KDP is one of the publishing tools on Amazon that helps the authors to use to publish their books online. KDP helps an online book available on Amazon to Kindle readers. There are many features available in KDP like free file conversion, sales tracking, and many more tools that you may use to format such as textbooks and children’s books. You can update your book, work on script, book detail and the cover of the page as well. The self-publishing interface in KDP is very simple and easy to use. Now, let us see the payment methods to the writers of the books from KDP. If you do not have a bank account, you will get mail for the checks. The checks from different countries will be with their respective currencies. You will need to carry the checks to a bank to cash them. Bank charges a fee to convert the foreign currency checks in local currency. While doing so you may pay more than what you get if it is from a small market. On the other hand if you have a bank account you do not hav...