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How to build a successful e-commerce software product in 2024?

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Creating a great e-commerce product is very important if you want to generate sales and growth. The truth is that establishing a reliable and comprehensive software solution can be difficult, depending on your niche. But there are some methods you can use to create great ecommerce software, as you can see below.

Study the market

Studying the market will help you figure out what people are looking for and what they are expecting from your business. It will also allow you to narrow down the right type of software product people are interested in. Surveys can be very helpful here, since you can ask about software features that might be helpful and can make your product better.

Create a prototype

Prototypes are helpful because they make it easy to see the software in action. That way, you will identify whether the core product works well and what you can add to it. Inviting some people to share feedback regarding the prototype will also help a lot.

Add enough features, but leave room for scalability

One of the core insights you should consider is scalability. You need to have plenty of features in the app already, yet at the same time you should also consider the ability to always add more the best way that you can. It helps quite a bit, since you can add new features in the future and fulfill customer requirements in a proper manner.

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Make sure that you solve a problem in a simple manner

The reason why people will gravitate towards your software is because it helps them. You need to ensure that your software solves a problem and it will give people the help they need. Once you do that, you will have a successful product, especially if the solution is seamless and very easy to apply.

Don’t copy others

That’s the thing, many products on the e-commerce market are copycats and don’t innovate. You want to help adequately, then you want to stop copying others. If you do that, you will have a much better result and the experience itself can be extremely good. Remember, the last thing you want is to copy other people and what they do, instead try to bring your own innovations.

Test and solve any bugs/issues

Bugs can appear during software development, that’s common. The most important thing to focus on is to always test things out and see how it works for you. Ideally, you want to ensure that your software is as bug-free as it can be. Once you have that, it will lead you to a much better experience and you will appreciate the results quite a bit.

Read reviews and apply feedback

Reading reviews can be helpful because it gives you a good idea of what people like and dislike. You can also see some of the highly requested features there too, something you have to think about. Implementing these ideas and listening to user feedback is a great way to make your software amazing in the long run.

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We believe that all these tips and ideas can be very handy and they will help deliver an exceptional result and value. It always comes down to the methods you use and how much value you provide to your audience. Once you start doing that, you will not have to worry about any problems in the long run. Of course, you still need to implement the right security systems and also think about seasonality by adding seasonal features when possible!

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A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.

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Business

Leadership Secrets Unveiled by Vivid Seats CEO Stan Chia

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Opinions expressed by Entrepreneur contributors are their own.

On this episode of The CEO Series, we got a front-row seat to leadership lessons from Stan Chia, CEO and Board Director of Vivid Seats. Vivid Seats is an online ticket marketplace that did over $500 million in 2022. Stan shared amazing insights into running a huge company with over 500 employees, and his personal passions outside the boardroom that keep him energized and engaged.

Below are some highlights from our conversation, which you can see in the full video above.

The best aspect of being a CEO

“For me, the best part of being a CEO is getting to work in an industry that you love and with people that you love every day. It’s a privilege to set the direction and vision of the company.”

Related: Inside Potbelly’s Recipe for Fast Casual Success

On his career path

“I grew up thinking I wanted to be an aerospace engineer. I loved space shuttles and the concept of going to space. I was born in Singapore and grew up in New York. After high school, I was required to go back and serve in Singapore’s military. I did that for about three years. I was very fearful, but it turned out to be one of the best experiences I’ve had in terms of formulating who I am. After that, I had the opportunity to study industrial engineering at Georgia Tech. Part of this journey helped me realize that I didn’t think a specialized field was something that I wanted to do. So I pivoted into a more general space that allowed me to see more of the world, see more businesses and industries and I eventually landed here at Vivid Seats.”

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Related: ‘Becoming a Unicorn Is Really Just the Beginning’ Leadership Lessons From Tech CEO Godard Abel

On the power of diversity

“My skills as a leader stem from an ability to learn, listen, understand and appreciate the diversity of culture. Singapore is a wonderful, multicultural society with lots of different folks who call it home. That great melding of cultures I think helped define a lot of who I am today. I’ve had the opportunity to go and try to build diverse teams wherever I’ve worked, and I’m super proud of the fact that when you look at our leadership team at the C-suite level, we’ve got more than 50 percent female leaders. And when you look at the board that we’ve put together at Vivid Seats, we came out of the gate with a majority diverse board.”

Related: With Over $120 Million in Sales, Dude Wipes Is No Joke. Here’s How the Company’s Chief Executive Dude Keeps Things Fun and Profitable.

On his personal motivation

“The people who I am privileged to lead motivate me. You know it’s that old military phrase, that you go to battle with them every day. You’ve got to love the troops you’re with and I love the team that we’ve got here, and, of course, the family that supports me in the background. Wanting to do a good job for all of them motivates me. And ultimately really believing in the mission of what Vivid Seats is, and that’s to make sure that everybody gets to experience and see those things that they love live.”

Check Out Also:  Revolutionizing Your Real Estate Marketing with Just Sold Postcards

Check out more profiles of innovative and impactful leaders by visiting The CEO Series archives.

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A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.

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