Creating online businesses is a valid way to generate income. In order to help get people inspired, I’ve been writing an article series focusing on different online business models. Here are links to my previous articles in the series: ‘Diversify your income, create an online business‘ and ‘Offer a Service online to earn additional income.’
There are various online business models that you could use in creating an ecommerce site. Let’s take a look at the extremely popular Groupon concept. Groupon, a mix of the words ‘group’ and ‘coupon’ hints that the idea behind this social media driven ecommerce site is buying in bulk to offer cheaper prices.
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I’m glad you like it.