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17 Nov 2015
Online retail is really a fast-paced business world. The barriers to entry are low, the ability for mistakes high however the opportunities for second and third chances equally high.

Becoming successful with an online retail company is as much about opportunity because it is about business acumen. This is why seizing opportunities is important to success using a retail business online.

Here are tips for success with the online business, based on years of personal experience, with success and otherwise, in online retail ventures:

Research. See the marketplace you plan to penetrate. Know your competition, their goods and their prices. Make sure that your offer is competitive.

Comprehend the risk. Like any business enterprise, there is...