Learning anything new becomes easy when you have the inspiration to do well in that field. The right motivation driven by a growth mindset is the key to learning and putting those ideas into action. Knowledge of the subject is of course the primary source that fuels growth.
Ecommerce is a field that has seen tremendous growth in the last decade or so and it literally erupted after the pandemic. Global B2C ecommerce revenue is set to touch $5.5 trillion by 2027. This is a tremendous CAGR of 14.4%.
Ecommerce is still a highly-evolving field where you stand a big chance to make it at the top. But again, you need to equip yourself with the right knowledge to make big steps. Here we will discuss everything from blogs to online courses and all other things that ecommerce professionals can use for self-education.
Online courses and eLearning platforms
The university might not provide you with what you need to be successful in ecommerce. Or maybe your subject is different from what you are trying to achieve in your professional life. This is where online courses can help you with your ecommerce idea. Online courses provide a structured learning experience that is highly specific to ecommerce. Some of the best platforms are Udemy, Coursera, LinkedIn Learning, Google, Shopify Academy, SkillShare, etc.
Pursuing an online course, whether short-term or long-term, in the field of ecommerce, means you have to put in a lot of effort. This requires time. For a busy ecommerce wannabe entrepreneur, sparing time is not an easy task, especially if you are still pursuing a course from a college or a university. There are assignments to be submitted on time and there are exams for which you need to prepare continuously.
In these tricky situations, you might think ‘Can I pay someone to do my assignment.’ Yes, you can do that. There are assistive online education tools and sites that help you in continuing your learning without any hassles. While you progress in your ecommerce venture, expert academic writers do the papers for you.
Industry blogs and podcasts
Industry blogs and podcasts are the best way to acquire knowledge in ecommerce. Along with prolific bloggers like Brian Dean of Backlinko, Neil Patel, Mark Webster of Authority Hacker, and some others, they are champions in their fields. They form a great resource for digital marketing knowledge.
With other specific blogs like Shopify, BigCommerce, Social Media Today, and Social Media Examiner, you can keep a hold on your business as much as you want. They’re free and some like Authority Hacker even offer podcasts.
Books and eBooks
The good old books to learn something – it can never go out of fashion. To master ecommerce, here are some of the best ones you should read:
- Ecommerce Marketing by Chloë Thomas and Rytis Lauris
- Ultimate Guide to Ecommerce Growth: 7 Unexpected KPIs to Scale an E-Commerce Shop to £10 Million Plus by Ian Hammersley, Mark Hammersley
- Building a StoryBrand: Clarify Your Message so Customers Will Listen by Donald Miller
Start your own ecommerce store
Learning while you work is an unbeatable technique. To master ecommerce, start a small online store on Wix, WooCommerce, or Shopify. Sell your own stuff or go for dropshipping. You will learn a lot when you work on the ground. With it, you can learn about a lot of tools like Salesforce, Hubspot, Semrush, MailChimp, etc, and techniques like SEO, product sourcing, branding, etc.
Number crunching is a common aspect of interpreting data and coming up with ecommerce business reports based on it. There might be data in bulk which carries a lot of percentages and statistics. You should use an ai statistics problem solver to be on top of your game. An AI tool can help you crack complex problems in both academics and your business.
Industry events and webinars
Meetup, Whova, Regpack, and Eventbrite are some of the best places to look for industry events and webinars in the ecommerce field. Whether you are looking for a mentor or an angel investor, these can help you a lot. Beyond this, the main benefit of industry events and webinars is that you learn from a wide range of ecommerce professionals – wannabe entrepreneurs and established names.
What Is EcomBalance?
EcomBalance is a monthly bookkeeping service specialized for eCommerce companies selling on Amazon, Shopify, Ebay, Etsy, WooCommerce, & other eCommerce channels.
We take monthly bookkeeping off your plate and deliver you your financial statements by the 15th or 20th of each month.
You’ll have your Profit and Loss Statement, Balance Sheet, and Cash Flow Statement ready for analysis each month so you and your business partners can make better business decisions.
Interested in learning more? Schedule a call with our CEO, Nathan Hirsch.
And here’s some free resources:
- Monthly Finance Meeting Agenda
- 9 Steps to Master Your Ecommerce Bookkeeping Checklist
- The Ultimate Guide on Finding an Ecommerce Virtual Bookkeeping Service
- What Is a Profit and Loss Statement?
- How to Read & Interpret a Cash Flow Statement
- How to Read a Balance Sheet & Truly Understand It
Conclusion
The global ecommerce market is projected to be $8.1 trillion by 2026. The market is favorable as people are buying more and more online. Riding on this, you can create a space for yourself in this market by entering now or if you are already there, then catapulting your growth with smart moves.
For this, as mentioned above, you need to work hard on educating yourself. Ecommerce ventures take a lot of time and effort so the only way to ensure more knowledge is through self-education. We are sure the above ideas will help you in achieving that goal.
