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Chandrakant Patanwadia
Business ideas • 2m
e-commerce business 1. Investment: Starting an e-commerce business requires significant investment. This includes website development, software, payment gateways, logistics, inventory management, and marketing. Initial investment for a small-scale e-commerce startup can range from ₹2-5 lakhs, which may increase as the business grows. 2. Revenue: E-commerce businesses generate revenue from multiple sources, primarily from customers purchasing products. Additional revenue can come from subscription models, advertising, affiliate marketing, and sales commissions. With effective strategies, monthly revenue could range from ₹1-2 lakhs or more as the business expands. 3. Profit: Profit in e-commerce businesses depends on business scale and market dynamics. Early on, profits may be negative due to high startup costs. However, as brand recognition increases and sales grow, profit margins can rise. Typically, a profit margin of 10%-20% can be expected with a strong business approach.
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