Understanding the Basics of Retail Business What is Retail? Retail, at its core, is the process of selling goods to consumers through various channels of distribution. We typically see it happening in physical stores, but it has become increasingly popular in the online space. Understanding the nature of retail is critical for anyone considering starting […]

Step 1: Research Your Market Understanding Demand Diving into the online retail world starts with knowing who your customers are and what they want. I’ve seen too many people jump in headfirst without doing their homework, and trust me, it makes all the difference. Start with some good old market research. Whether you use surveys,