Starting an online business can be tricky. You need to crack a lot of things at the same time to be a success.
Starting today I would be sharing with you stores created on LINKER.store that have managed to build a successful online store business.
Each of these businesses have carved out their own path to success and hopefully this will get you inspired on your journey to online store success.
LINKER.store Success Story: Artchetype Studio
Artchetype Studio is in mid of their preorders sales for upcoming Artchetype Planners. As the year end approaches the demand for these planners will grow multifold.
Artchetype Studio launched their online store with LINKER.store in Dec' 2016.
Started by Shivali as a part time hobby, it has now grown to 35k Instagram followers and is now one of the fastest growing online stores on LINKER.store.
What to learn from Artchetype Studio:
- Great Product Design
- Social Media Marketing
- Customer Engagement
E-commerce Jargon of the day: SKU
An SKU or Stock Keeping Unit is a unique code assigned to a product variant on your online store, consisting of letters and numbers.
For the ease of Inventory Management, SKU is named such that it identifies the characteristics of each product.
#LINKERstore #inventory #ecommerce101
E-commerce Jargon of the day:
Transaction Discount Rate or Merchant Discount Rate is the fee every Payment Gateway Provider charges the merchants/sellers for it's services.
It's a fixed percentage charge (like 2%) plus taxes (if any) that is deducted per transaction. The rest of the amount post deducting these charges is transferred directly to merchants bank account in agreed timeline (usually in 2 days from day of transaction)
LINKER.store offers prenegotiated TDR to it's merchants (starting from 1.25%).
It comes integrated with leading payment gateway providers in India.
DM me if you need details on payment gateway activation process and KYC documentation requirements
#LINKERstore #onlinepayments #ecommerce101