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Recent survey by major blogging website comes up with a huge surprise for everyone. As per the survey, there are around 90 million websites serving all kind of purposes of 3 billion online users worldwide. It is also revealed that till 2020 end; there will be around 1.5 billion websites with all kind of business will be getting online. Not only business, people are also getting their non-profit, personal blobs customize just for the sake of some kind of information about the users. Alone in India which is known for its IT services; the e-commerce industry would be around $30 billion and USA would be $65 billion dollar industry till 2020 end. As most people not getting into job kind of things and everyone like to try with the startup. Some startup starts with the bang, create a lot of buzz worldwide but till delivery date; either fail due to lack of proper plan, financial problems and some of them, due to one major reason that is not as per the needs of general people. Internet is flooded with the successful stories of e-commerce startups but there are also same percentage of e-commerce startup failures who never stand out on long run. Some factors which directly affect the startups is most of the entrepreneurs has the idea, money but never have the end plan. An end plan means in case if startup fails to meet its potential what else can bring into as alternative. In other words, end plan also describes as the final stage of the startup where they have to deliver the products, services to their customers with all the features they promise at the start of their journey. In one of the recent story by an entrepreneur which opens the eyes of everyone around them just ended with huge financial loss and an ERP product which never completes. Reason? Only one as there are many ERP similar to it already present in the market and doing perfect business for their users. So, the major question arises in everyone’s mind why the entrepreneur though of making the ERP which is already in the market and doing pretty well for the users? One can conclude the result as no initial research about the ERP marketing and its competitors. Initial research is much important for every business as without knowing about the competitors and product market; it would be fooling thing to go with the product and spend all your savings without any purpose. With respect to initial research, documentation, analysis, product implementation; there are a couple of factors also which affects the startup market and entrepreneurs need to get all things keep in mind to get successful in the market. Try to go with public requirement first, analyze what things need to develop and then, create the product as per the need. Epikta is one top best logo design in Los Angeles, CA provide company having quality team working for worldwide clients.
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