How to be successful in the internet retail market

Internet retailing is riding on an upward trend is due to the technologically-savvy population and growing consumerism of the middle class. The rise of omnichannel is sure to continue in 2020, especially in retail therefor retailers need to offer consistent buying regardless of channel, and one channel is internet retail. The convenience provided by online platforms, product variety, and discounts offered to act as magnets to consumers, but it is a competitive business. Building a successful start-up in this area takes real entrepreneurship and a lot of patience. When we know that 8 out of 10 start-ups fail, we have to ask ourselves what are the 2 start-ups that succeed doing right? In this episode, we speak with an entrepreneur that has not only been successful but also in the competitive market of online retail.