Youve got your business. Youve got your products. Your customers are clearly defined and you know where they are. You understand your industry. You have a database of around 1000 people contacts, connections, family and friends. Suddenly the idea hits you like a freight train.
E-commerce!
Why didnt I think of it before? I set up a site. I fill it with all my products. And wait. No more stock issues, no more warehousing worries. No more middlemen! Rich! Rich! Ill be rich, I tell you. Mwwaahhaaaahahahahaha!
Alright, so maybe your thought process has not played out exactly like the above. However, Ill wager that if youre anything like the majority of most business people, the thought of setting up an e-commerce website has crossed your mind before.
So is it as easy as it sounds? Heres an example. A client of World Wide Creative’s who manufactured and sold their own products decided to put up a website and open a new store at the same time. The store cost around a million rand to set up. The website around R100, 000. Both sold exactly the same products (although the website had the benefit of stocking all the items that the store ran out of.) The website also cost a fraction of the monthly cost of running the store.
So what happened?
Around a year later the website beat the store about 2 to 1 in terms of sales generated; and the store had to be closed down.
Ok, ok, ok so were biased, and maybe a little short on details, but there was a case for the whole online business argument. At the same time, we also know from working with the guys from Yuppiechef, that e-commerce is not all a bag of roses especially in South Africa.
So without further ado, you are invited to our next Heavy Chef Session. Andrew The Brain Smith and Shane The Maven Dryden will be taking us through all the successes, the pitfalls, the ins and the outs of their journey setting up the Yuppiechef site, arguably the best e-commerce site in South Africa.
Date: Wednesday 26th September 2007
Time: 5pm - 6.30pm
Location: World Wide Creative studio
Price: No charge for World Wide Creative customers, suppliers or BNI members. The normal fee for the Session is R950, payable in advance.
Interested? Drop me an email and book your seat.
In the meantime go to the Yuppiechef website and take your credit card with you!
Look forward to seeing you!
South African owned, Chinese-based QQ turns more profit than Facebook
For those who don't know, QQ is the Chinese version of mobile based IM services like… Read moreiPhone becoming the Business
The iPhone has just been pumped with a $100m injection to beef up its business… Read moreMobile Magic
World Wide Creative met with Michelle from mobile services Fontera today, and was thoroughly impressed with their… Read moreMobile Testing
You are probably wondering what all the Mobile buzz is about these days? Well we… Read more