Tag Archives: Pitfalls

eCommerce Start-Ups: Avoiding The Pitfalls – Infographic

avoiding-the-pitfalls-of-ecommerce_5239cf3d892a9The U.S. Bureau of Labor Statistics reports that about sixty percent of start-ups survive up to three years in the competitive world of business, and only thirty-five percent will make it past their 10th year. When it comes to start-up internet businesses, the failure rate is said to be even higher, with a few studies reporting failure rates as high as ninety percent. Some internet-based businesses even fail as quickly as within the first 120 days of operation. The internet is a booming business, and every quarter it is estimated that $43 million is spent in online shopping alone. So why are so many ecommerce businesses not making the cut? The following infographic illustrates a few key reasons why most ecommerce businesses fail, outlining everything from poor marketing strategies and lack of direction, to mistakes in website design and lazy customer service. It also provides a handful of essential tips that new business owners can use to ensure sustainable start-up success.

Source: Chargeback

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Project Management: Get The Basics And Avoid Common Pitfalls – Infographic

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Running projects has driven people off the cliff. People, deadlines, stakeholders and other critical parts of projects have to fit together to make it work and deliver results.

Have a look at this infographic for basics to watch for when you run your next project.

Source: Visual.ly

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Freelancing – The Pitfalls – Infographic

Let’s get one thing straight: Freelancing is not easy. While it offers fantastic benefits — flexible hours, more control and creative independence — there are still plenty of risks involved with striking out on your own and running your own business. And while the economy struggles to recover, freelancing poses pitfalls.

According to the infographic below, compiled with information from MastersDegree.net, a surprising 80% of freelancers have dealt with a client who ultimately didn’t pay for work that was completed. Average losses totaled $6,000 — quite a hefty chunk of change to lose…Read More

Source: Mashable.com, MastersDegree.net