ikas.com - Seo Analiz

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• /images/flags/de.svg
• /images/flags/tr.svg
• /images/flags/fr.svg
• /images/flags/en.svg

Width ve height değeri olmayan 39 adet resim bulunmaktadır.

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Within a short time, you can increase your sales and conversion rates at ikas speed.","hrefLabel":"","hrefSrc":"","label":"More information","href":"/contact"}]},"html":"\n\u003cp class=\"wp-block-create-block-ikas-boxes-animation-link\"\u003eIkas Boxes Animation Link – hello from the saved content!\u003c/p\u003e\n"}],"translations":[{"id":379,"locale":"de","slug":"homeseite"},{"id":375,"locale":"tr","slug":"anasayfa"},{"id":19692,"locale":"fr","slug":"page-daccueil"}],"locale":"en","url":"https://ikas.com","canonical":"\u003clink rel=\"canonical\" href=https://ikas.com\u003e","hreflang":"\u003clink rel=\"alternate\" href=\"https://ikas.com\" hreflang=\"en\"\u003e\u003clink rel=\"alternate\" href=\"https://ikas.com/de\" hreflang=\"de\"\u003e,\u003clink rel=\"alternate\" href=\"https://ikas.com/tr\" hreflang=\"tr\"\u003e,\u003clink rel=\"alternate\" href=\"https://ikas.com/fr\" hreflang=\"fr\"\u003e\u003clink rel=\"alternate\" href=\"https://ikas.com\" hreflang=\"x-default\"\u003e","seo":{"title":"ikas | New Generation E-Commerce Platform","description":"Start selling online with the new generation e-commerce platform ikas. 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Let’s take a detailed look at the new features.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-new-shipping-rules\"\u003eNew Shipping Rules 📦\u003c/h2\u003e\n\n\n\n\u003cp\u003eWe have renewed the \u003cstrong\u003eshipping rules\u003c/strong\u003e in order to offer improved shipping management to our users on the ikas platform. Previously, users were only able to input shipping rules based on the country. Now, ikas users can \u003cstrong\u003edefine\u003c/strong\u003e rules according to the \u003cstrong\u003epostal codes\u003c/strong\u003e of their \u003cstrong\u003edeliveries\u003c/strong\u003e. \u003c/p\u003e\n\n\n\n\u003cp\u003eThere is also a new delivery method called \u0026#8220;\u003cstrong\u003eFast Delivery\u003c/strong\u003e\u0026#8220;. We have now two delivery methods in total:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eStandard Delivery\u003c/li\u003e\n\n\n\n\u003cli\u003eFast Delivery\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eOnce you have established the \u003cstrong\u003etime\u003c/strong\u003e and \u003cstrong\u003eday\u003c/strong\u003e for the two different delivery methods, the corresponding rule will become visible on the payment page. In addition, you can also see the estimated delivery time on the same page.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"712\" src=\"https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules-1024x712.webp\" alt=\"Fast Delivery Rules\" class=\"wp-image-36686\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules-1024x712.webp 1024w, https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules-300x209.webp 300w, https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules-768x534.webp 768w, https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules-24x17.webp 24w, https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules-36x25.webp 36w, https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules-48x33.webp 48w, https://cms.ikas.com/wp-content/uploads/2023/03/fast-delivery-rules.webp 1057w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eIf you have multiple stock locations, you can set \u003cstrong\u003edifferent shipping rules\u003c/strong\u003e for each stock location. This way you can choose from which stock location the order should be sent to the customer.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eExample\u003c/strong\u003e:\u003c/p\u003e\n\n\n\n\u003cp\u003eYou have two stock locations: One in the \u003cstrong\u003ecity center\u003c/strong\u003e and the other \u003cstrong\u003eoutside the city\u003c/strong\u003e. With the new update, you can set \u003cstrong\u003edifferent \u003c/strong\u003eshipping fees and rules for the warehouse location in the city center and the one outside the city.\u003c/p\u003e\n\n\n\n\u003cp\u003eIf there are \u003cstrong\u003eno\u003c/strong\u003e products \u003cstrong\u003eavailable\u003c/strong\u003e at your warehouse location, then the shipping rules you set will \u003cstrong\u003enot be displayed\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"827\" src=\"https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings-1024x827.webp\" alt=\"\" class=\"wp-image-36695\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings-1024x827.webp 1024w, https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings-300x242.webp 300w, https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings-768x620.webp 768w, https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings-24x19.webp 24w, https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings-36x29.webp 36w, https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings-48x39.webp 48w, https://cms.ikas.com/wp-content/uploads/2023/03/shipping-settings.webp 1517w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-product-reviews\"\u003eProduct Reviews 💌\u003c/h2\u003e\n\n\n\n\u003cp\u003eAutomating product reviews allow you to send \u003cstrong\u003eemails\u003c/strong\u003e to \u003cstrong\u003eusers\u003c/strong\u003e who have purchased products and \u003cstrong\u003eask\u003c/strong\u003e them to rate them. Furthermore, you can \u003cstrong\u003emanage\u003c/strong\u003e all product reviews on the \u003cstrong\u003eproduct detail page\u003c/strong\u003e. \u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"504\" src=\"https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review-1024x504.png\" alt=\"\" class=\"wp-image-36704\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review-1024x504.png 1024w, https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review-300x148.png 300w, https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review-768x378.png 768w, https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review-24x12.png 24w, https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review-36x18.png 36w, https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review-48x24.png 48w, https://cms.ikas.com/wp-content/uploads/2023/03/reply-to-review.png 1139w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eYou can access all the product reviews and respond to them in the “\u003cstrong\u003eAutomations\u003c/strong\u003e” \u003cstrong\u003esection\u003c/strong\u003e. Your response will be sent \u003cstrong\u003evia email\u003c/strong\u003e to the \u003cstrong\u003euser’s email address\u003c/strong\u003e. If you select the \u0026#8220;\u003cstrong\u003ePrivate\u003c/strong\u003e\u0026#8221; option, the user\u0026#8217;s rating will not be publicly visible, allowing you to modify the review.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-google-xml-and-update-times\"\u003eGoogle XML and Update Times ⏱️\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe feed you uploaded to Google Merchant Center used to be in \u003cstrong\u003e.tsv format \u003c/strong\u003ewhich caused problems with the transfer. With the \u003cstrong\u003elatest update\u003c/strong\u003e, you will receive the feed file with the\u003cstrong\u003e .xml extension\u003c/strong\u003e from Google Merchant Center, and product feed files will be \u003cstrong\u003eupdated\u003c/strong\u003e \u003cstrong\u003eimmediately\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-exclusion-filter\"\u003eExclusion Filter 🔍\u003c/h2\u003e\n\n\n\n\u003cp\u003eWith the new update, you can now select \u003cstrong\u003ecustom\u003c/strong\u003e \u003cstrong\u003efields\u003c/strong\u003e and \u003cstrong\u003ecategories\u003c/strong\u003e. There are two new options: \u0026#8220;\u003cstrong\u003einclude\u003c/strong\u003e\u0026#8221; and \u0026#8220;\u003cstrong\u003enot include\u003c/strong\u003e\u0026#8220;. You can select these two options as rules.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eExample\u003c/strong\u003e: Take a look at the example below. You can exclude the brand MEDUSA, but include the color black.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"525\" src=\"https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions-1024x525.webp\" alt=\"\" class=\"wp-image-36710\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions-1024x525.webp 1024w, https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions-300x154.webp 300w, https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions-768x394.webp 768w, https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions-24x12.webp 24w, https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions-36x18.webp 36w, https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2023/03/dynamic-category-conditions.webp 1071w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-package-split\"\u003ePackage Split ✂️\u003c/h2\u003e\n\n\n\n\u003cp\u003ePackages with the status \u0026#8220;\u003cstrong\u003eready to shipment\u003c/strong\u003e\u0026#8221; or \u0026#8220;\u003cstrong\u003eshipped\u003c/strong\u003e\u0026#8221; can be canceled. If the order contains several products, you can remove them now \u003cstrong\u003ewithout\u003c/strong\u003e canceling the whole order. \u003c/p\u003e\n\n\n\n\u003cp\u003eYou can create a \u003cstrong\u003enew shipping code \u003c/strong\u003efor the removed product and ship it separately. This function is especially useful in case of \u003cstrong\u003emissing\u003c/strong\u003e or \u003cstrong\u003ewrong\u003c/strong\u003e shipments.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"792\" height=\"370\" src=\"https://cms.ikas.com/wp-content/uploads/2023/03/split-package.webp\" alt=\"\" class=\"wp-image-36720\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/03/split-package.webp 792w, https://cms.ikas.com/wp-content/uploads/2023/03/split-package-300x140.webp 300w, https://cms.ikas.com/wp-content/uploads/2023/03/split-package-768x359.webp 768w, https://cms.ikas.com/wp-content/uploads/2023/03/split-package-24x11.webp 24w, https://cms.ikas.com/wp-content/uploads/2023/03/split-package-36x17.webp 36w, https://cms.ikas.com/wp-content/uploads/2023/03/split-package-48x22.webp 48w\" sizes=\"(max-width: 792px) 100vw, 792px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-other-improvements\"\u003eOther Improvements 🎉\u003c/h2\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eThe rule \u0026#8220;Maximum cart amount\u0026#8221; has been added to the campaign function\u003c/li\u003e\n\n\n\n\u003cli\u003eThe \u0026#8220;Gift Package\u0026#8221; rule has been added to the order filter.\u003c/li\u003e\n\n\n\n\u003cli\u003eYou can update the language preferences of the customers according to the actions performed.\u003c/li\u003e\n\n\n\n\u003cli\u003eWhen you copy the product description from another place, the style of the copied text is not applied in ikas. Only styles such as color, background color, list, bold, italic, underlined font, etc. will be copied to ikas.\u003c/li\u003e\n\n\n\n\u003cli\u003eYou can add billing information and a custom title to the shipping label.\u003c/li\u003e\n\n\n\n\u003cli\u003eWith Twilio integration, you can send SMS notifications\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eYou can define the file names of the product images\u003c/li\u003e\n\n\n\n\u003cli\u003eIf a shopping cart reminder email is sent, you can see it in the order timeline\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-other-functions-on-our-roadmap\"\u003eOther functions on our roadmap ⏳\u003c/h2\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eGrouping products and selling them with the bundle function\u003c/li\u003e\n\n\n\n\u003cli\u003eEnter separate prices for bundle products\u003c/li\u003e\n\n\n\n\u003cli\u003eWhen a bundle of products is sold, you can calculate the stock or product prices separately for the products in the bundle\u003c/li\u003e\n\n\n\n\u003cli\u003eThe ikasPOS will be work on both Android and iOS devices\u003c/li\u003e\n\n\n\n\u003cli\u003eCollect and obtain contracts and permissions from customers on new displays\u003c/li\u003e\n\n\n\n\u003cli\u003eEtsy integration\u003c/li\u003e\n\n\n\n\u003cli\u003eNew price-lists\u0026nbsp;\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eSeparate display of sales from abandoned shopping carts\u003c/li\u003e\n\n\n\n\u003cli\u003eAbility to download digital products\u003c/li\u003e\n\n\n\n\u003cli\u003eNew website theme for beauty products\u003c/li\u003e\n\n\n\n\u003cli\u003eDynamic customer groups\u003c/li\u003e\n\n\n\n\u003cli\u003eBetter visibility of category pages on the website\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Article:\u003c/strong\u003e \u003ca href=\"https://ikas.com/blog/ikas-november-update-is-live\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eikas November Update\u003c/a\u003e\u003c/p\u003e\n","excerpt":"We are constantly improving the ikas e-commerce platform by adding new features that enable e-commerce merchants to increase their sales quickly and efficiently. This month we have added new filters, sorting options, employee permissions, and much more. Let’s take a detailed look at the new features. New Shipping Rules 📦 We have renewed the shipping [\u0026hellip;]\n","featuredMedia":{"source":"https://cms.ikas.com/wp-content/uploads/2023/03/ikas-march-update.webp"},"categories":[{"id":80,"slug":"news","name":"News"}],"author":{"id":5,"name":"Rabia Taskiran","slug":"rabia","description":"","avatar":{"source":"https://secure.gravatar.com/avatar/71c8459aff6e83d7dd55a15b78ba7d4a?s=96\u0026d=mm\u0026r=g"},"role":"content-marketing-specialist"},"seo":{"title":"ikas March Update - ikas","description":"This month we have added new filters, sorting options, employee permissions, and much more. 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To achieve both of these goals, you need to create a \u003cstrong\u003ebusiness plan\u003c/strong\u003e.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIn this blog article we will explain what exactly a business plan is, why you need it, and how to write an excellent business plan.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eAt the end of this blog article, you will find two \u003cstrong\u003ebusiness plan examples\u003c/strong\u003e that you can \u003cstrong\u003edownload\u003c/strong\u003e for \u003cstrong\u003efree\u003c/strong\u003e!\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-is-a-business-plan\"\u003eWhat Is a Business Plan?\u003c/h2\u003e\n\n\n\n\u003cp\u003eA \u003cstrong\u003ebusiness plan\u003c/strong\u003e is a\u003cstrong\u003e road map\u003c/strong\u003e for the next \u003cstrong\u003e3 to 5 years \u003c/strong\u003eand guides you through each step of \u003cstrong\u003estarting\u003c/strong\u003e and \u003cstrong\u003erunning\u003c/strong\u003e your business. It describes your business, your products, your strategy, your goals, your customers, and your competitors.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe business plan helps you achieve your \u003cstrong\u003eshort-term\u003c/strong\u003e and \u003cstrong\u003elong-term goals\u003c/strong\u003e and covers these four main areas:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003eCompany profile\u003c/li\u003e\n\n\n\n\u003cli\u003eSales and marketing\u003c/li\u003e\n\n\n\n\u003cli\u003eOperations\u003c/li\u003e\n\n\n\n\u003cli\u003eFinancials\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan-1024x538.webp\" alt=\"\" class=\"wp-image-35833\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2023/03/what-is-a-business-plan.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-are-the-types-of-business-plan\"\u003eWhat Are The Types of Business Plan?\u003c/h2\u003e\n\n\n\n\u003cp\u003eThere are two types of business plans:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eTraditional Plan:\u003c/strong\u003e The traditional plan contains all the details and is more than 20 pages. This plan requires more work.\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eLean Startup Plan: \u003c/strong\u003eThis plan usually consists of a single page and summarizes only the most important points. The disadvantage of this plan is that it does not include all important and relevant information. For investments, entrepreneurs need a detailed plan.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-why-write-a-business-plan\"\u003eWhy Write a Business Plan?\u003c/h2\u003e\n\n\n\n\u003cp\u003eHere are the top \u003cstrong\u003e10 reasons\u003c/strong\u003e why you should create a business plan:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003eGuides you through every step of starting and managing your business\u003c/li\u003e\n\n\n\n\u003cli\u003eHelps you to clarify your ideas\u003c/li\u003e\n\n\n\n\u003cli\u003eIf you write a business plan and review it regularly, you will grow 30% faster and achieve better results than other businesses that don\u0026#8217;t\u003c/li\u003e\n\n\n\n\u003cli\u003eA better understanding of your competition\u003c/li\u003e\n\n\n\n\u003cli\u003eInvestors will demand a business plan\u003c/li\u003e\n\n\n\n\u003cli\u003eYou do a thorough customer analysis and understand your customers\u003c/li\u003e\n\n\n\n\u003cli\u003eA business plan will help you manage the future of your business\u003c/li\u003e\n\n\n\n\u003cli\u003eAllows you to make smarter decisions\u003c/li\u003e\n\n\n\n\u003cli\u003eHelps you determine your financial needs\u003c/li\u003e\n\n\n\n\u003cli\u003eYou better understand your market, and that knowledge helps you make decisions that can improve your success\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Article:\u003c/strong\u003e \u003ca href=\"https://ikas.com/blog/soft-skills-every-entrepreneur-should-have\"\u003e5 Soft Skills Every Entrepreneur Should Have\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-does-a-business-plan-need-to-include\"\u003eWhat does a Business Plan need to include?\u003c/h2\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eExecutive summary\u003c/li\u003e\n\n\n\n\u003cli\u003eCompany Overview\u003c/li\u003e\n\n\n\n\u003cli\u003eProblem and Solution\u003c/li\u003e\n\n\n\n\u003cli\u003eMarket research\u003c/li\u003e\n\n\n\n\u003cli\u003eCompetition\u003c/li\u003e\n\n\n\n\u003cli\u003eService and product\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eMarketing\u003c/li\u003e\n\n\n\n\u003cli\u003eFinancial statement\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-how-do-i-write-a-business-plan\"\u003eHow Do I Write a Business Plan?\u003c/h2\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan-1024x538.webp\" alt=\"\" class=\"wp-image-35777\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2023/03/how-do-i-write-a-business-plan.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-1-executive-summary\"\u003e1. Executive Summary\u003c/h3\u003e\n\n\n\n\u003cp\u003eThe executive summary is the most important part of your business plan because it is the first thing your investors will read. Imagine that this part is your elevator pitch and you want to convince the \u003cstrong\u003einvestor\u003c/strong\u003e in a\u003cstrong\u003e few minutes\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003cp\u003eYour executive summary should include the following information:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eConcept\u003c/li\u003e\n\n\n\n\u003cli\u003eGoals and vision\u003c/li\u003e\n\n\n\n\u003cli\u003eDescription of the product or service and why it is different\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eTarget market\u003c/li\u003e\n\n\n\n\u003cli\u003eMarketing strategy\u003c/li\u003e\n\n\n\n\u003cli\u003eCurrent and expected financial situation\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eWe recommend that you write this part last. This way, you will know what important information to highlight in the summary.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated article:\u003c/strong\u003e \u003ca href=\"https://ikas.com/blog/business-ideas\"\u003eHigh Profit Business Ideas for 2023\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-2-company-overview\"\u003e2. Company Overview\u003c/h3\u003e\n\n\n\n\u003cp\u003eIn the company overview, you provide \u003cstrong\u003edetailed information\u003c/strong\u003e about your company, its purpose and goals.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThis part consists of\u003cstrong\u003e 3 main parts\u003c/strong\u003e:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003eMission Statement\u003c/li\u003e\n\n\n\n\u003cli\u003eHistory\u003c/li\u003e\n\n\n\n\u003cli\u003eObjectives\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003ch4 class=\"wp-block-heading\"\u003eMission Statement\u003c/h4\u003e\n\n\n\n\u003cp\u003eIn the mission statement, you explain in \u003cstrong\u003esimple\u003c/strong\u003e and \u003cstrong\u003econcise\u003c/strong\u003e terms what the purpose of your company is. This part is short and usually consists of a single sentence.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003ch4 class=\"wp-block-heading\"\u003eCompany History\u003c/h4\u003e\n\n\n\n\u003cp\u003eIn the company history, provide an overview of how and why your company was founded. Include in your company \u003cstrong\u003ehistory\u003c/strong\u003e the most \u003cstrong\u003einteresting highlights\u003c/strong\u003e of your journey. This part will help others understand why you started and the challenges you faced.\u003c/p\u003e\n\n\n\n\u003ch4 class=\"wp-block-heading\"\u003eObjectives \u003c/h4\u003e\n\n\n\n\u003cp\u003eIn this part, you set goals which you hope to achieve. Your goals should be \u003cstrong\u003eSMART\u003c/strong\u003e, which stands for:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eSpecific\u003c/li\u003e\n\n\n\n\u003cli\u003eMeasurable\u003c/li\u003e\n\n\n\n\u003cli\u003eAchievable\u003c/li\u003e\n\n\n\n\u003cli\u003eRealistic\u003c/li\u003e\n\n\n\n\u003cli\u003eTime-bound\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-3-problem-solution\"\u003e3. Problem \u0026amp; Solution\u003c/h3\u003e\n\n\n\n\u003cp\u003eDescribe the \u003cstrong\u003econsumer’s problem \u003c/strong\u003eand how your product or service \u003cstrong\u003esolves\u003c/strong\u003e that problem.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-4-market-research\"\u003e4. Market Research\u003c/h3\u003e\n\n\n\n\u003cp\u003eThe right market is the market that \u003cstrong\u003eneeds\u003c/strong\u003e your products.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eChoose the right market for your products and outline your potential customer and the size of your market.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003ch4 class=\"wp-block-heading\"\u003ePotential market\u003c/h4\u003e\n\n\n\n\u003cp\u003eA potential market is a market that includes \u003cstrong\u003epeople\u003c/strong\u003e who are \u003cstrong\u003einterested\u003c/strong\u003e in your product but are not yet buyers.\u003c/p\u003e\n\n\n\n\u003ch4 class=\"wp-block-heading\"\u003ePotential customer\u003c/h4\u003e\n\n\n\n\u003cp\u003eA potential customer is a person who might be interested in your product or service. There are \u003cstrong\u003etwo types\u003c/strong\u003e of \u003cstrong\u003epotential customers\u003c/strong\u003e:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003eOne, who has expressed interest in your business\u003c/li\u003e\n\n\n\n\u003cli\u003eOne, who has not yet expressed interest\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003eConsider the\u003cstrong\u003e \u003c/strong\u003efollowing information\u003cstrong\u003e \u003c/strong\u003ewhen \u003cstrong\u003esearching\u003c/strong\u003e for your\u003cstrong\u003e potential customer\u003c/strong\u003e:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eLocation\u003c/li\u003e\n\n\n\n\u003cli\u003eIncome\u003c/li\u003e\n\n\n\n\u003cli\u003eAge\u003c/li\u003e\n\n\n\n\u003cli\u003eGender\u003c/li\u003e\n\n\n\n\u003cli\u003eEducation\u003c/li\u003e\n\n\n\n\u003cli\u003eProfession\u003c/li\u003e\n\n\n\n\u003cli\u003eHobbies\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Article: \u003c/strong\u003e\u003ca href=\"https://ikas.com/blog/digital-skills\"\u003eDigital Skills You Should Learn In 2023\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-5-competition\"\u003e5. Competition\u003c/h3\u003e\n\n\n\n\u003cp\u003eIdentify other companies that currently offer products or services in the market you want to enter. List \u003cstrong\u003e3 to 5 companies\u003c/strong\u003e you see as competitors.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eTo identify your competitors, you can perform a \u003cstrong\u003eSWOT analysis\u003c/strong\u003e to help you identify the strengths and weaknesses of each competitor.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-6-product-and-service\"\u003e6. Product and Service\u003c/h3\u003e\n\n\n\n\u003cp\u003eDescribe your product or service and provide all details such as costs, suppliers, distribution, production process, etc. Explain what benefits you offer your customers and why your offerings are better than those of your competitors.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-7-marketing\"\u003e7. Marketing\u003c/h3\u003e\n\n\n\n\u003cp\u003eList your \u003cstrong\u003ekey marketing activities \u003c/strong\u003eand answer following questions:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eHow do you plan to generate sales?\u003c/li\u003e\n\n\n\n\u003cli\u003eHow do you want to convince customers to buy your products or services?\u003c/li\u003e\n\n\n\n\u003cli\u003eHow do you want to retain customers?\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eThe \u003cstrong\u003e4 Ps of Marketing\u003c/strong\u003e can help successfully market a product or service.\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003e\u003cstrong\u003eProduct\u003c/strong\u003e\u003cbr\u003eDefine your product. Who needs it, and why?\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003ePrice\u003c/strong\u003e\u003cbr\u003eSet a price for the actual value of the product. What amount are my potential customers willing to pay?\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003ePlace\u003c/strong\u003e\u003cbr\u003eWhere should your product or service be available?\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003ePromotion\u003c/strong\u003e\u003cbr\u003eHow will you communicate with your customers? Promotional activities include advertising, public relations and media strategy.\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Article:\u003c/strong\u003e \u003ca href=\"https://ikas.com/blog/brand-awareness-101-how-to-measure-it\"\u003eBrand Awareness\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-8-financial\"\u003e8. Financial\u003c/h3\u003e\n\n\n\n\u003cp\u003eIf you are just starting out, you may not have a lot of financial data or reports. Investors want to work with businesses that can \u003cstrong\u003eprovide\u003c/strong\u003e a clear \u003cstrong\u003efinancial statement\u003c/strong\u003e.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eTo give investors a clear statement, you need to create a \u003cstrong\u003ebudget\u003c/strong\u003e and \u003cstrong\u003efinancial plan\u003c/strong\u003e with following information:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eIncome\u003c/li\u003e\n\n\n\n\u003cli\u003eProfit and loss\u003c/li\u003e\n\n\n\n\u003cli\u003eCash flow\u003c/li\u003e\n\n\n\n\u003cli\u003eBalance sheet\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-are-the-advantages-of-preparing-a-business-plan\"\u003eWhat Are The Advantages of Preparing a Business Plan?\u003c/h2\u003e\n\n\n\n\u003cp\u003eHere are \u003cstrong\u003e7 benefits\u003c/strong\u003e of creating a business plan:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003eA clearer picture of your business as a whole\u003c/li\u003e\n\n\n\n\u003cli\u003eBrings clarity to the decision-making process\u003c/li\u003e\n\n\n\n\u003cli\u003eHelps you identify critical priorities\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eAllows you to track your progress and identify new developments\u003c/li\u003e\n\n\n\n\u003cli\u003eHelps you define marketing aspects such as target market and customers, how to promote and place your product, etc.\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eAll important information such as profitability and revenue is summarized in one document\u003c/li\u003e\n\n\n\n\u003cli\u003eHelps you to track the right and important things\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-tips-for-creating-a-good-business-plan\"\u003eTips for Creating a Good Business Plan\u003c/h2\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eOrganize your business plan into sections so investors can read it quickly and identify all the important information\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eCheck for typos and grammatical errors\u003c/li\u003e\n\n\n\n\u003cli\u003eCreate a business plan with high-quality design and printing\u003c/li\u003e\n\n\n\n\u003cli\u003eUpdate and revise your business plan\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-business-plan-examples\"\u003eBusiness Plan Examples\u003c/h2\u003e\n\n\n\n\u003cp\u003eHere are \u003cstrong\u003e2 business plan examples\u003c/strong\u003e that you can download for free. Click on the \u003cstrong\u003efile\u003c/strong\u003e and \u003cstrong\u003edownload\u003c/strong\u003e it as a \u003cstrong\u003eMicrosoft Word file\u003c/strong\u003e.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://docs.google.com/document/d/1rgkqZwf-JbD0PH2ILgd4bG8TClLj-qQLXjKPGJAUukI/edit?usp=sharing\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDownload Tradition Plan\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://docs.google.com/document/d/1a9gAUGwJAzpkJkBQvzYE0Vl8H9VwBJdXon3gc5-G4iU/edit?usp=sharing\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eDownload the Lean Startup Plan\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Articles:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/what-is-entrepreneurship\"\u003eWhat is Entrepreneurship?\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/inspirational-quotes\"\u003eInspirational Quotes\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n","excerpt":"Do you want to start a business and successfully turn your idea into reality? To achieve both of these goals, you need to create a business plan.\u0026nbsp; In this blog article we will explain what exactly a business plan is, why you need it, and how to write an excellent business plan.\u0026nbsp; At the end [\u0026hellip;]\n","featuredMedia":{"source":"https://cms.ikas.com/wp-content/uploads/2023/03/business-plan.webp"},"categories":[{"id":49,"slug":"entrepreneurship","name":"Entrepreneurship"}],"author":{"id":5,"name":"Rabia Taskiran","slug":"rabia","description":"","avatar":{"source":"https://secure.gravatar.com/avatar/71c8459aff6e83d7dd55a15b78ba7d4a?s=96\u0026d=mm\u0026r=g"},"role":"content-marketing-specialist"},"seo":{"title":"Business Plan: Best Business Plan Examples for 2023 - ikas","description":"Do you want to start a business and successfully turn your idea into reality? To achieve these goals, you need to create a business plan. ","robots":{"index":"noindex","follow":"follow","maxSnippet":"max-snippet:-1","maxImagePreview":"max-image-preview:large","maxVideoPreview":"max-video-preview:-1"},"openGraph":{"locale":"en_US","type":"article","title":"Business Plan: Best Business Plan Examples for 2023","description":"Do you want to start a business and successfully turn your idea into reality? To achieve these goals, you need to create a business plan. ","url":"https://cms.ikas.com/en/business-plan/","siteName":"ikas","articleModifiedTime":"2023-05-04T14:22:44+00:00","image":[{"width":400,"height":400,"url":"https://cms.ikas.com/wp-content/uploads/2023/03/business-plan.webp","type":"image/webp"}]},"twitterCard":"summary_large_image"},"seoHTML":"\u003c!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v20.4) - https://yoast.com/wordpress/plugins/seo/ --\u003e\n\u003ctitle\u003eBusiness Plan: Best Business Plan Examples for 2023 - ikas\u003c/title\u003e\n\u003cmeta name=\"description\" content=\"Do you want to start a business and successfully turn your idea into reality? 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(Guide for Businesses)","content":"\n\u003cp\u003eThe biggest challenge for \u003cstrong\u003ee-commerce businesses\u003c/strong\u003e and retailers is inventory management.\u003c/p\u003e\n\n\n\n\u003cp\u003eBy creating an \u003cstrong\u003eSKU number system\u003c/strong\u003e, e-commerce businesses and retailers can professionally track the inventory, organize the warehouse, increase the visibility of the sales data, improve customer experience, identify products, and many other benefits.\u003c/p\u003e\n\n\n\n\u003cp\u003eIn this blog article, we will explain what exactly an \u003cstrong\u003eSKU number\u003c/strong\u003e is and how you can create your own \u003cstrong\u003eSKU number\u003c/strong\u003e.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-is-an-sku-number\"\u003eWhat is an SKU Number?\u003c/h2\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSKU \u003c/strong\u003emeans \u003cstrong\u003eStock-Keeping-Unit\u003c/strong\u003e and is a barcode, which consists of \u003cstrong\u003eletters \u003c/strong\u003eand \u003cstrong\u003enumbers\u003c/strong\u003e.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eWith the SKU number, you can easily \u003cstrong\u003efollow all details\u003c/strong\u003e of the \u003cstrong\u003eproduct \u003c/strong\u003elike price, product details, manufacturer, stock level, size, color, etc.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe SKU Number has the following functions:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eIdentifying a product\u003c/li\u003e\n\n\n\n\u003cli\u003eTracking inventory\u003c/li\u003e\n\n\n\n\u003cli\u003eIdentifying the most profitable products\u003c/li\u003e\n\n\n\n\u003cli\u003e8 \u0026#8211; 10 characters long\u003c/li\u003e\n\n\n\n\u003cli\u003eSeeing all the details of the product\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-difference-between-sku-and-upc\"\u003eDifference between SKU and UPC\u003c/h2\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eSKU \u003c/strong\u003eis used for \u003cstrong\u003ewarehouse management\u003c/strong\u003e and is an alphanumeric code. E-commerce businesses can create their own SKU codes.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eUPC \u003c/strong\u003eis a \u003cstrong\u003ebarcode \u003c/strong\u003eand is used for\u003cstrong\u003e identifying products\u003c/strong\u003e and \u003cstrong\u003emanufacturers\u003c/strong\u003e. Unlike the SKU, the UPC consists of \u003cstrong\u003enumbers \u003c/strong\u003eonly.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1-1024x538.png\" alt=\"SKU Number\" class=\"wp-image-33366\" srcset=\"https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1-1024x538.png 1024w, https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1-300x158.png 300w, https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1-768x403.png 768w, https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1-24x13.png 24w, https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1-36x19.png 36w, https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1-48x25.png 48w, https://cms.ikas.com/wp-content/uploads/2023/02/sku-number-1-1.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eHere is a summary:\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003eSKU (Stock Keeping Unit)\u003c/h3\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eInternal use\u003c/li\u003e\n\n\n\n\u003cli\u003eBetween 8 and 12 characters\u003c/li\u003e\n\n\n\n\u003cli\u003eUsed to track inventory\u003c/li\u003e\n\n\n\n\u003cli\u003eAlphanumeric\u003c/li\u003e\n\n\n\n\u003cli\u003eIndividuals for each e-commerce company\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\"\u003eUPC (Universal Product Code)\u003c/h3\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eInternational use\u003c/li\u003e\n\n\n\n\u003cli\u003eAlways 12 characters long\u003c/li\u003e\n\n\n\n\u003cli\u003eIdentifies manufacturers and products\u003c/li\u003e\n\n\n\n\u003cli\u003eConsists of numbers only\u003c/li\u003e\n\n\n\n\u003cli\u003eUsed by the Global Standards Organization\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-how-to-create-an-sku-number\"\u003eHow to create an SKU Number?\u003c/h2\u003e\n\n\n\n\u003cp\u003eNow let\u0026#8217;s see how you can create your own SKU number.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-1-top-level-identifier\"\u003e1. Top-level identifier\u003c/h3\u003e\n\n\n\n\u003cp\u003eDefine a top-level identifier of \u003cstrong\u003e2 \u0026#8211; 3 characters\u003c/strong\u003e. Your top-level identifier is the first character of your SKU number and can be a category, supplier, or department.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-2-middle-numbers\"\u003e2. Middle Numbers\u003c/h3\u003e\n\n\n\n\u003cp\u003eNow you must define the middle numbers, which exist of the \u003cstrong\u003eunique features\u003c/strong\u003e of your product like color, size, category, or other features that help you organize your products.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-3-sequential-number\"\u003e3. Sequential number\u003c/h3\u003e\n\n\n\n\u003cp\u003eFinish your SKU number with a \u003cstrong\u003esequential number\u003c/strong\u003e that helps you to identify your older and newer products for example\u003cstrong\u003e 001, 002, 003\u003c/strong\u003e. Or like we said before, whatever makes logical sense for the products you sell.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-4-pos-inventory-management-system\"\u003e4. POS \u0026amp; Inventory management system\u003c/h3\u003e\n\n\n\n\u003cp\u003eAfter you have defined your SKU number, you can add it to your POS, inventory management system, or e-commerce platform. After you added your SKU number to one of these systems you can create scannable SKU barcode labels for easy checkout and inventory counting.\u003c/p\u003e\n\n\n\n\u003cp\u003eWith the e-commerce platform ikas you can easily create barcodes for your products. The function \u0026#8220;\u003cstrong\u003eScan barcode\u003c/strong\u003e\u0026#8221; enables you to connect your \u003cstrong\u003ebarcode reader \u003c/strong\u003ewith the \u003cstrong\u003eikas e-commerce platform\u003c/strong\u003e. When you scan the barcode, the ikas e-commerce platform automatically counts your inventory.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-sku-number-example\"\u003eSKU Number Example\u003c/h2\u003e\n\n\n\n\u003cp\u003eImagine you sell \u003cstrong\u003eface cleansers\u003c/strong\u003e and your \u003cstrong\u003ebrand name\u003c/strong\u003e is \u0026#8220;Kadarius\u0026#8221;. To create an SKU number you must list the needed attributes of the product and define for every single attribute an indication.\u003c/p\u003e\n\n\n\n\u003cp\u003eExample:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eBrand\u003c/strong\u003e: Kadarius (KA)\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eCategory\u003c/strong\u003e: Face (02 or FA)\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eType\u003c/strong\u003e: Natural (100 or NA)\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eGender\u003c/strong\u003e: Women (01 or WO)\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eSize\u003c/strong\u003e: 200 ml (200)\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eNow you can create an\u003cstrong\u003e SKU Code\u003c/strong\u003e in two different ways: Either you create an \u003cstrong\u003ealphanumeric \u003c/strong\u003eSKU code or only one with \u003cstrong\u003eletters\u003c/strong\u003e.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eSKU code example for the Kadarius face cleanser:\u003c/p\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003e\u003cstrong\u003eKA-02-100-01-200\u003c/strong\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003cstrong\u003eKA-FA-NA-WO-200\u003c/strong\u003e\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003cp\u003eYou should keep your SKU number \u003cstrong\u003eshort \u003c/strong\u003eto make the consignment as easy as possible. If you sell only one product, for example t-shirts, you can use the same \u003cstrong\u003eSKU number \u003c/strong\u003efor all products and only add a number at the end.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-sku-number-faqs\"\u003eSKU Number FAQs\u003c/h2\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-is-the-sku-number-the-same-as-the-item-number\"\u003eIs the SKU Number the same as the Item Number?\u003c/h3\u003e\n\n\n\n\u003cp\u003eThe SKU Number is at the same time also the item number of the product.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-do-my-products-need-an-sku-number\"\u003eDo my products need an SKU Number?\u003c/h3\u003e\n\n\n\n\u003cp\u003eAll products need a unique identifier. That means you should use SKU numbers for all your products to differentiate from another and to follow the inventory of every single product.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-can-two-products-have-the-same-sku-number\"\u003eCan two products have the same SKU Number?\u003c/h3\u003e\n\n\n\n\u003cp\u003eNo. Every product should have another SKU number to follow the correct inventory and details of the product. But if you need to use the same SKU number for two different products, you can add at the end of the SKU number a letter or number.\u003c/p\u003e\n","excerpt":"The biggest challenge for e-commerce businesses and retailers is inventory management. By creating an SKU number system, e-commerce businesses and retailers can professionally track the inventory, organize the warehouse, increase the visibility of the sales data, improve customer experience, identify products, and many other benefits. In this blog article, we will explain what exactly an [\u0026hellip;]\n","featuredMedia":{"source":"https://cms.ikas.com/wp-content/uploads/2023/02/sku-number.webp"},"categories":[{"id":15,"slug":"ecommerce","name":"Ecommerce"}],"author":{"id":5,"name":"Rabia Taskiran","slug":"rabia","description":"","avatar":{"source":"https://secure.gravatar.com/avatar/71c8459aff6e83d7dd55a15b78ba7d4a?s=96\u0026d=mm\u0026r=g"},"role":"content-marketing-specialist"},"seo":{"title":"What is an SKU Number? (Guide for Businesses) - ikas","description":"You have an ecommerce business and want to create your SKU number system? We will explain how you can create your own SKU number system.","robots":{"index":"noindex","follow":"follow","maxSnippet":"max-snippet:-1","maxImagePreview":"max-image-preview:large","maxVideoPreview":"max-video-preview:-1"},"openGraph":{"locale":"en_US","type":"article","title":"What is an SKU Number? (Guide for Businesses)","description":"You have an ecommerce business and want to create your SKU number system? We will explain how you can create your own SKU number system.","url":"https://cms.ikas.com/en/what-is-an-sku-number/","siteName":"ikas","articleModifiedTime":"2023-02-14T11:43:39+00:00","image":[{"width":400,"height":400,"url":"https://cms.ikas.com/wp-content/uploads/2023/02/sku-number.webp","type":"image/webp"}]},"twitterCard":"summary_large_image"},"seoHTML":"\u003c!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v20.4) - https://yoast.com/wordpress/plugins/seo/ --\u003e\n\u003ctitle\u003eWhat is an SKU Number? (Guide for Businesses) - ikas\u003c/title\u003e\n\u003cmeta name=\"description\" content=\"You have an ecommerce business and want to create your SKU number system? We will explain how you can create your own SKU number system.\" class=\"yoast-seo-meta-tag\" /\u003e\n\u003cmeta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" /\u003e\n\u003cmeta property=\"og:locale\" content=\"en_US\" class=\"yoast-seo-meta-tag\" /\u003e\n\u003cmeta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" /\u003e\n\u003cmeta property=\"og:title\" content=\"What is an SKU Number? (Guide for Businesses)\" class=\"yoast-seo-meta-tag\" /\u003e\n\u003cmeta property=\"og:description\" content=\"You have an ecommerce business and want to create your SKU number system? 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(Best Examples for 2023)","content":"\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-is-a-niche-market\"\u003eWhat is a Niche Market?\u003c/h2\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2-1024x538.webp\" alt=\"\" class=\"wp-image-28938\" srcset=\"https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-2.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eA niche market is a subsection of a larger market that can be characterised by its own particular requirements, preferences, or identity, distinguishing it from the market as a whole.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eFor instance, there are numerous niches in the market for shoes. Shoes for plus-sized people, shoes for nurses, and shoes for athletes would all fall into the category of niche markets.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eAlmost every market can be further segmented or refined based on its participants\u0026#8217; unique requirements and preferences. Some popular standards used to define a niche include Price, Quality level, Demographics, and Location.\u003c/p\u003e\n\n\n\n\u003cp\u003eFocusing on a particular niche allows companies to serve a specific customer base better than their competitors who pursue a larger market.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-are-the-advantages-of-niche-markets\"\u003eWhat Are the Advantages of Niche Markets?\u003c/h2\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-greater-return-on-investment\"\u003eGreater \u0026#8216;Return on Investment\u0026#8217;\u003c/h3\u003e\n\n\n\n\u003cp\u003eSince niche marketing targets particular user groups, these users are more likely to purchase your product than those caught in a mass marketing reach. It may seem implausible to have less traffic than a more significant site, but if Site X receives ten purchases from 100 visits while Site Y receives ten from 1000, then Site X has a 10% conversion rate while Site Y has 1%. Quality over quantity is the key to maintaining a high return on investment.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eAdditionally, focusing on a niche market makes it much easier to save funds on marketing since more comprehensive mass marketing strategies typically cost more the broader your target audience gets and if you want to appear on TV or a billboard.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-customer-loyalty\"\u003eCustomer Loyalty\u003c/h3\u003e\n\n\n\n\u003cp\u003eOne characteristic of niche marketing is the loyalty of the consumer. You can demonstrate what customers want or need using the niche marketing strategy. In contrast to general offerings, if they visit, they already have the intention to purchase. It can also give you an advantage over competitors because a niche product or service stands out much more, thanks to its advantages.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-less-competition\"\u003eLess competition\u003c/h3\u003e\n\n\n\n\u003cp\u003eNiche marketing faces much less competition than mass marketing. For example, if you can offer something that not everyone can do for various reasons, you\u0026#8217;ve already surpassed potential competitors.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eBesides, generic marketing initiatives don\u0026#8217;t always stand out. You might get lost in an ocean of campaigns with better reach unless you\u0026#8217;re a well-known, recognisable brand like Microsoft.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-are-the-disadvantages-of-niche-markets\"\u003eWhat Are the Disadvantages of Niche Markets?\u003c/h2\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1-1024x538.webp\" alt=\"\" class=\"wp-image-28949\" srcset=\"https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-1-1.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-smaller-market\"\u003eSmaller market\u003c/h3\u003e\n\n\n\n\u003cp\u003eNaturally, your target market will be smaller if you focus on a niche. However, once you try it, you should notice an improvement in your conversions, sometimes a significant one. This is just a matter of how precisely you target your audience with your offers. As a result, you should always compare the results.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-a-higher-return-on-investment-is-not-guaranteed\"\u003eA higher \u0026#8216;Return on Investment\u0026#8217; is not guaranteed\u003c/h3\u003e\n\n\n\n\u003cp\u003eWorking in more specialised markets can undoubtedly impact your Return on Investment, but you should still test this. The growth in conversions can also reduce your ad spending, so you must look at the big picture.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-product-perfection\"\u003eProduct Perfection\u003c/h3\u003e\n\n\n\n\u003cp\u003eBusinesses must create perfect strategies and better solutions to compete in the market. There is less room for an error because there are fewer prospects. The business must be able to deliver products that are precisely what the customer wants.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-how-to-find-your-own-niche-market-in-2023\"\u003eHow to Find Your Own Niche Market in 2023\u003c/h2\u003e\n\n\n\n\u003cp\u003eIn order to find an untapped niche market, business owners and marketers must first create an overview of the larger market before drilling down from there. A segment of that market, your niche, will help define everything from:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eYour product features to target the demands of your market.\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eThe plan for how much to charge for your goods\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eproduction excellence\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eYour branding and positioning\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eYour online marketing approach\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eYou can start with a competitive advantage for your online business by picking a niche. You\u0026#8217;ll have a difficult uphill battle against the established competition if you try to open your online store in a crowded product category or market. By concentrating on a niche, you can compete without necessarily offering different products by putting more effort into a particular area of the market.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-how-to-build-a-niche-strategy\"\u003eHow to Build a Niche Strategy?\u003c/h2\u003e\n\n\n\n\u003col\u003e\n\u003cli\u003eDetermine your audience. Start by identifying the general market. Focus on a topic you know well, then identify subtopics.\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003col start=\"2\"\u003e\n\u003cli\u003eDescribe an unmet need. Analyse your audience and market gaps. Analyse your products or services and pick a growing sector.\u0026nbsp;\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003col start=\"3\"\u003e\n\u003cli\u003eCustomer research. Knowing your audience\u0026#8217;s needs, goals, motivations, frustrations, and expectations. When you start your business, you should research these and regularly reassess your customer base and competition.\u0026nbsp;\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003col start=\"4\"\u003e\n\u003cli\u003eBusiness plan. Creating a business plan in which you describe your ideal customer and pricing model. Your business idea should reflect your target market.\u0026nbsp;\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003col start=\"5\"\u003e\n\u003cli\u003eTarget your customers. Your marketing should be a niche like your product or service. Targeted ads, blog posts, and podcasts are valuable tools for spreading your niche business idea. A small business selling vegan food should appear on a healthy-eating vegan Youtube Video to get actual conversions.\u003c/li\u003e\n\u003c/ol\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-niche-market-examples\"\u003eNiche Market Examples\u003c/h2\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3-1024x538.webp\" alt=\"\" class=\"wp-image-28953\" srcset=\"https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2022/12/what-is-niche-market-3.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eWhile you may have trending ideas in mind, you can improve your probability of success by beginning with a niche market and then finding niche products with a market fit.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis list of niche markets and product ideas for 2023 is just a starting point; you can always go in a different direction or find niche opportunities within any category.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eLocal Production\u003c/li\u003e\n\n\n\n\u003cli\u003eSustainability\u003c/li\u003e\n\n\n\n\u003cli\u003eWell-being\u0026nbsp;\u003c/li\u003e\n\n\n\n\u003cli\u003eTravelling\u003c/li\u003e\n\n\n\n\u003cli\u003ePets\u003c/li\u003e\n\n\n\n\u003cli\u003eMovies\u003c/li\u003e\n\n\n\n\u003cli\u003eComics\u003c/li\u003e\n\n\n\n\u003cli\u003eGaming\u003c/li\u003e\n\n\n\n\u003cli\u003eHome Decor\u003c/li\u003e\n\n\n\n\u003cli\u003eSports\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Article:\u003c/strong\u003e \u003ca href=\"https://ikas.com/blog/dropshipping-guide\"\u003eWhat is Dropshipping?\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-niche-markets-faq\"\u003eNiche markets FAQ\u003c/h2\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-what-does-a-niche-market-mean\"\u003eWhat does a niche market mean?\u003c/h3\u003e\n\n\n\n\u003cp\u003eA niche market is a segment of a larger market with unique needs, preferences, or identities.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-what-is-the-difference-between-the-mass-market-and-the-niche-market\"\u003eWhat is the difference between the mass market and the niche market?\u003c/h3\u003e\n\n\n\n\u003cp\u003eMass-market aims to reach most people, while niche markets target a specific group. A national grocery store chain serves a mass market, while a local butcher shop serves a niche.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-how-do-i-choose-a-niche\"\u003eHow do I choose a niche?\u003c/h3\u003e\n\n\n\n\u003cp\u003ePick a large, general audience as your target, and then narrow your focus until you find a niche that speaks to you. Consider researching popular search terms, making a mind map, or using social media to generate concepts.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIdentifying a niche may seem hard in the beginning. After a brainstorming session, I am sure you will come up with something brilliant.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Articles:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/business-ideas\"\u003eHigh Profit Business Ideas\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/affiliate-marketing-guide\"\u003eWhat is Affiliate Marketing?\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/what-is-ecommerce\"\u003eWhat is E-Commerce?\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n","excerpt":"What is a Niche Market? A niche market is a subsection of a larger market that can be characterised by its own particular requirements, preferences, or identity, distinguishing it from the market as a whole.\u0026nbsp; For instance, there are numerous niches in the market for shoes. Shoes for plus-sized people, shoes for nurses, and shoes [\u0026hellip;]\n","featuredMedia":{"source":"https://cms.ikas.com/wp-content/uploads/2022/12/nis-market.webp"},"categories":[{"id":69,"slug":"digital-marketing","name":"Digital Marketing"}],"author":{"id":28,"name":"Suhacan Başer","slug":"suhacan","description":"","avatar":{"source":"https://secure.gravatar.com/avatar/f6cb2663e99ed934f61a83a06ef3d7e9?s=96\u0026d=mm\u0026r=g"},"role":"content-marketing-specialist"},"seo":{"title":"What is a Niche Market? (Best Examples for 2023) - ikas","description":"A niche market is characterised by its own particular requirements and identity, distinguishing it from the market as a whole.","robots":{"index":"noindex","follow":"follow","maxSnippet":"max-snippet:-1","maxImagePreview":"max-image-preview:large","maxVideoPreview":"max-video-preview:-1"},"openGraph":{"locale":"en_US","type":"article","title":"What is a Niche Market? (Best Examples for 2023)","description":"A niche market is characterised by its own particular requirements and identity, distinguishing it from the market as a whole.","url":"https://cms.ikas.com/en/what-is-niche-market/","siteName":"ikas","articleModifiedTime":"2023-02-15T11:25:39+00:00","image":[{"width":400,"height":400,"url":"https://cms.ikas.com/wp-content/uploads/2022/12/nis-market.webp","type":"image/webp"}]},"twitterCard":"summary_large_image"},"seoHTML":"\u003c!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v20.4) - https://yoast.com/wordpress/plugins/seo/ --\u003e\n\u003ctitle\u003eWhat is a Niche Market? 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(Guide for 2023)","content":"\n\u003cp\u003e\u003cstrong\u003eEntrepreneurship\u003c/strong\u003e is not only about being self-employed or having a great \u003cstrong\u003ebusiness idea\u003c/strong\u003e. These aren\u0026#8217;t the only requirements for being an entrepreneur. There is so much more! Although the definition of entrepreneurship has mostly stayed the same over the years, the opportunities are expanding for future \u003cstrong\u003ebusiness owners\u003c/strong\u003e every day.\u003c/p\u003e\n\n\n\n\u003cp\u003eWhat were the options an entrepreneur had 100 years ago? You were out of luck if you lacked the knowledge to create something or the capital to purchase goods to sell something.\u003c/p\u003e\n\n\n\n\u003cp\u003eToday, in the world, there are more than 590 million entrepreneurs. And there\u0026#8217;s a clear explanation for this rise in entrepreneurship, such as accessibility to information, expanding economic opportunities etc.\u003c/p\u003e\n\n\n\n\u003cp\u003eOpportunities are expanding significantly every day. We\u0026#8217;ll dive deeper into what it means to be an entrepreneur today.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4-1024x538.webp\" alt=\"\" class=\"wp-image-28781\" srcset=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-4.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-is-entrepreneurship\"\u003eWhat is Entrepreneurship?\u003c/h2\u003e\n\n\n\n\u003cp\u003eStarting a business or businesses while accepting all the risks in pursuing financial gain is referred to as \u0026#8220;entrepreneurship.\u0026#8221; But as a fundamental definition, this explanation is somewhat constrained.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe more contemporary definition of entrepreneurship also emphasises changing the world by coming up with novel solutions to complex issues, such as enacting social change or developing products that transform the way we live our daily lives.\u003c/p\u003e\n\n\n\n\u003cp\u003eThrough entrepreneurship, individuals can take control of their careers and steer them in their desired direction. It involves creating a life on your terms. Nobody is your boss. There are no time restraints. And there\u0026#8217;s no one preventing you. Entrepreneurs have the power to start the process of improving the world for everyone, including themselves.\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-is-an-entrepreneur\"\u003eWhat is An Entrepreneur?\u003c/h2\u003e\n\n\n\n\u003cp\u003eAn entrepreneur is someone who has an idea and works to develop a good product or service that people will purchase, along with a business to help them in their endeavour. An entrepreneur is regarded as a visionary or innovator because they take on most of the risk and responsibility for their new company.\u003c/p\u003e\n\n\n\n\u003cp\u003eSmall business owners, content creators, startup founders, and anyone else with the desire to launch a business and work for themselves are all examples of entrepreneurs of all sizes and shapes.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2-1024x538.webp\" alt=\"\" class=\"wp-image-28777\" srcset=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-2.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-why-is-entrepreneurship-important\"\u003eWhy Is Entrepreneurship Important?\u003c/h2\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eJobs are created by entrepreneurs\u003c/strong\u003e that wouldn\u0026#8217;t exist otherwise. Self-employment is a risk taken by entrepreneurs. Eventually, their desire to expand their business results in the creation of new jobs. They are creating more jobs as their business grows.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eEntrepreneurs innovate.\u003c/strong\u003e Businesses are responsible for some of the most significant technological advancements in modern society. Technological innovations are driven by the need to solve problems and make the world a better place. For every significant technological advancement of today, there is an entrepreneur to thank for it.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eEntrepreneurs bring change.\u003c/strong\u003e Many entrepreneurs have lofty aspirations and want to improve the world through their ventures, ideas, or products. Naturally, some of their ideas will lead to changes in the whole world. They might undertake the challenge of exploring something that has never been explored before or developing a new product that addresses a critical issue.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eEntrepreneurs give back to society.\u003c/strong\u003e Contrary to popular belief, wealthy people frequently take on more social responsibility than the average person. They earn more money, pay more taxes, and help pay for social services as a result. Business owners are some of the biggest donors to nonprofits and charities for various causes. Some people want to use their money to fund the development of strategies that will give underprivileged areas access to necessities like clean water and quality healthcare that we take for granted.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eEntrepreneurs increase the country\u0026#8217;s GDP\u003c/strong\u003e because they create new wealth for the economy. Entrepreneurs\u0026#8217; fresh approaches and improved goods and services promote the development of new markets and wealth.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-advantages-of-entrepreneurship\"\u003eAdvantages of Entrepreneurship\u003c/h2\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eFlexibility.\u003c/strong\u003e Having the freedom to choose your own schedule and location for work.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThe capacity to pursue your passions.\u003c/strong\u003e Suppose your creative idea relates to your interests or hobbies. In that case, entrepreneurship allows you to turn your passions into a career.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eComplete control.\u003c/strong\u003e Entrepreneurs have complete control over their business operations and the freedom to act quickly because they are business owners.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCreativity.\u003c/strong\u003e Entrepreneurs can solve problems creatively and frequently experiment because they are not burdened by the bureaucracy that large enterprises have.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eThere is no limit to how much you can make.\u003c/strong\u003e A startup business owner with a lucrative business idea can earn millions or even billions of dollars, as successful entrepreneurs like Elon Musk and Bill Gates have demonstrated.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-disadvantages-of-entrepreneurship\"\u003eDisadvantages of Entrepreneurship\u003c/h2\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eFinancial risks.\u003c/strong\u003e Investing money in your idea is a requirement for becoming an entrepreneur. If it doesn\u0026#8217;t work out, you\u0026#8217;ll handle disgruntled investors and unpaid bank loans.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eLong workdays.\u003c/strong\u003e Many entrepreneurs put in a lot of time and effort to turn their dreams into reality, working long hours to come up with new ideas, courting investors, and managing the day-to-day operations of their companies.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eIncreased accountability.\u003c/strong\u003e Everyone will look to you as the leader of your own company for vision and direction, which can be highly stressful for you personally.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCompetition.\u003c/strong\u003e Even though your business idea is innovative, you will still face fierce competition, whether from well-established companies in your industry or other business owners hoping to surpass you at the finish line.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eIrregular income.\u003c/strong\u003e Successful business people might make a lot of money, but it won\u0026#8217;t happen immediately. Expect tough times while you devote all of your income to expanding your company.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-what-are-the-entrepreneurial-traits\"\u003eWhat Are The Entrepreneurial Traits?\u003c/h2\u003e\n\n\n\n\u003cp\u003eStarting your business venture with an entrepreneurial mindset is the first step to becoming a successful entrepreneur.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eThe entrepreneurial mindset is a set of abilities, beliefs, and ways of thinking that entrepreneurs bring to the process of starting a new company. The primary components of this mindset are:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eCuriosity.\u003c/strong\u003e An effective businessperson constantly challenges the status quo, seeks new knowledge, and is open-minded to unconventional concepts, even if they go against their preconceived notions.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eIndependence.\u003c/strong\u003e There is no exact path to entrepreneurial success. A successful business is built on risk-taking and the capacity to strategise your next move without assistance from others.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eResiliency.\u003c/strong\u003e Entrepreneurial success requires not only dealing with stress and failure but also growing and learning from those experiences.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003ePersuasiveness.\u003c/strong\u003e An aspiring entrepreneur needs to be able to confidently sell their business idea to a sceptical audience to raise money and expand their team.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003eAim to assist others.\u003c/strong\u003e Entrepreneurs add value by resolving issues for those in their community. The most successful business people prioritise making a difference over making a profit.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-the-reason-why-entrepreneurs-start-new-businesses\"\u003eThe Reason Why Entrepreneurs Start New Businesses\u003c/h2\u003e\n\n\n\n\u003cp\u003eThe primary motives behind starting new businesses for entrepreneurs are the privilege of working for yourself and the freedom of exploring and developing your creative ideas.\u003c/p\u003e\n\n\n\n\u003cp\u003eAccording to reports, more than 60% of employees would rather start their own businesses than work for someone else.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1-1024x538.webp\" alt=\"\" class=\"wp-image-28773\" srcset=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-1.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-how-to-decide-what-business-to-start-as-an-entrepreneur\"\u003eHow To Decide What Business To Start As an Entrepreneur?\u003c/h2\u003e\n\n\n\n\u003cp\u003eIdentifying a market need or an opportunity and filling it is the key to successful entrepreneurship. But that doesn\u0026#8217;t rule out the possibility of starting a successful business similar to an existing one. When deciding what kind of business to launch, consider the following:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eAre any of your passions, hobbies, and interests ripe for innovation?\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eHow have your background and experience prepared you for the difficulties of being an entrepreneur?\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eDo you have enough\u003cstrong\u003e \u003c/strong\u003efinancial resources to launch a specific business idea?\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eWhat obstacles can you overcome with the help of your knowledge and skills in your current environment?\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eDo you know any professional network associates who can support you?\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eEntrepreneurs will also need to be dedicated, persistent, and adaptable to beat the odds, given that an estimated 50% of new businesses fail within the first five years.\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Article:\u003c/strong\u003e \u003ca href=\"https://ikas.com/blog/what-is-niche-market\"\u003eWhat is Niche Market?\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-ready-to-be-an-entrepreneur\"\u003eReady To Be an Entrepreneur?\u003c/h2\u003e\n\n\n\n\u003cp\u003eThere is no one ideal way to run an enterprise. These individuals can impact almost every aspect of life as we know it.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eIn a field that is so diverse, there are a few characteristics that all entrepreneurs have in common, including a passion and ambition that they use to build businesses that tackle some of the most challenging problems in the world.\u003c/p\u003e\n\n\n\n\u003cp\u003eYou may be destined to become an entrepreneur if you want to change the world, contribute to society, or even escape the monotonous and inflexible 9-to-5 job. Always keep your mind open to learning and exploring new opportunities that come your way; trust your gut; and act on your instincts.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Article:\u003c/strong\u003e \u003ca href=\"https://ikas.com/blog/inspirational-quotes\"\u003eInspirational Quotes\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-large\"\u003e\u003cimg decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"538\" src=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3-1024x538.webp\" alt=\"\" class=\"wp-image-28768\" srcset=\"https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3-1024x538.webp 1024w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3-300x158.webp 300w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3-768x403.webp 768w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3-24x13.webp 24w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3-36x19.webp 36w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3-48x25.webp 48w, https://cms.ikas.com/wp-content/uploads/2022/12/entrepreneurship-guide-3.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003ch2 class=\"wp-block-heading\" id=\"h-entrepreneurship-faqs\"\u003eEntrepreneurship FAQs\u003c/h2\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-what-is-the-primary-goal-of-entrepreneurship\"\u003eWhat is the primary goal of entrepreneurship?\u003c/h3\u003e\n\n\n\n\u003cp\u003eThe primary objective of an entrepreneur is to create value by enhancing people\u0026#8217;s lives and altering how they conduct business, not to make money.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-what-skills-do-entrepreneurs-need\"\u003eWhat skills do entrepreneurs need?\u003c/h3\u003e\n\n\n\n\u003cp\u003eEntrepreneurs need to be confident and intelligent, have an optimistic viewpoint, and be able to take criticism and use it to improve. Essential entrepreneurial skills include basic management skills, knowledge of finances, and the ability to network and build long-lasting relationships.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-what-are-the-benefits-of-entrepreneurship\"\u003eWhat are the benefits of entrepreneurship?\u003c/h3\u003e\n\n\n\n\u003cp\u003eEntrepreneurs can follow their interests and make as much money as they want because they work for themselves. They can also take innovative decisions and completely direct their businesses.\u003c/p\u003e\n\n\n\n\u003ch3 class=\"wp-block-heading\" id=\"h-what-are-the-key-elements-of-the-entrepreneurial-mindset\"\u003eWhat are the key elements of the entrepreneurial mindset?\u003c/h3\u003e\n\n\n\n\u003cp\u003eThe main features of an entrepreneurial mind are curiosity, independence, resilience, the ability to persuade others, and a desire to help others. Entrepreneurs innovate and always keep improving themselves.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRelated Articles:\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/dropshipping-guide\"\u003eWhat is Dropshipping?\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/what-is-ecommerce\"\u003eWhat is E-Commerce?\u003c/a\u003e\u003c/li\u003e\n\n\n\n\u003cli\u003e\u003ca href=\"https://ikas.com/blog/business-plan\"\u003eBusiness Plan\u003c/a\u003e\u003c/li\u003e\n\u003c/ul\u003e\n","excerpt":"Entrepreneurship is not only about being self-employed or having a great business idea. These aren’t the only requirements for being an entrepreneur. There is so much more! Although the definition of entrepreneurship has mostly stayed the same over the years, the opportunities are expanding for future business owners every day. 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• /_next/static/chunks/webpack-db085b230f431379.js
• /_next/static/chunks/framework-bb5c596eafb42b22.js
• /_next/static/chunks/main-f39cd09243304d72.js
• /_next/static/chunks/pages/_app-fe3b0d17c93fbb63.js
• /_next/static/chunks/935-ccd4f5591b9056c9.js
• /_next/static/chunks/257-67f8953ee1be0da1.js
• /_next/static/chunks/pages/index-6621049f6d5c2d75.js
• /_next/static/v1ka6h2TqJp0PplCxAjqp/_buildManifest.js
• /_next/static/v1ka6h2TqJp0PplCxAjqp/_ssgManifest.js

Toplam 2 adet css, 22 adet js dosyası bulunmaktadır.

• https://www.facebook.com/tr?id=222270999382860&ev=PageView&noscript=1

Toplam 1 adet dışarıdan çağırılan dosya bulunmaktadır.

• css 3 hataları gör => 23 Errors, 592 warning(s)

Sayfanızdaki html ve/veya css kodlar W3 kritlerlerine uygun değil.