How to Start an Online Store in 2019 – 6 Simple Steps
When was the last time when you shopped from a retail store down the street? Umm, pretty tough to remember, right? Nowadays it is true and common for people with extremely busy schedules to find out time for shopping from a physical store. People scroll through multiple pages with umpteen varieties to select from pieces of clothing, jewelry, electronics, etc. So, why not you take some benefits from this and start selling through an online store!
An e-commerce business or online store is highly on demand with a greater measure of commodities and services being sold on the internet each minute. Studies have shown that by every passing year the online market in growing multifold. So, if you’re also thinking of starting an online business, let us ease you up. Here is the secret of opening your online store, all you need to worry about is of getting a strong and reliable internet connection.
If you can’t decide where to start? Here is a guide to all the points you would require for setting up a great kind of business on the internet.
Let’s get started!
1. Decide What You Want to Sell
Yes, though it seems quite an easy job, deciding on a commodity or a service which you can sell online requires a great deal of brainstorming. The product or service which you want to sell on the internet must be competitive enough to survive in the ocean of online buying where consumers have gone rather sharp-eyed. Your product must be something in which you profoundly believe, something by which you will not get bored or exhausted from selling.
Remember, products or services work only when the demand and supply ratio is studied properly or you have something which no one has ever seen, something unimaginable!
2. Decide a Unique Name and Get It Registered
Once you are clear about what you want to sell online, the next task is to decide on a name with which you can register it as an online store. Your domain name (the name of your online store) is a unique web address and will have a unique URL with which your prospective customers are going to search you. Pick a name which is short, legible, simple and most importantly which describes your business.
Next up would be your extension. It can be .com, .net, .in or whichever is easily available. Then you should get it registered with a domain name provider.
3. Create a Website or a Seller Account
If you have gotten your name registered it is prudent to get a website for selling. Set up important pages like listing products and categories, home page and about the company page. Set up a payment gateway for people to buy your product. If you aren’t doing this, open a seller account on, say Amazon and start selling your products.
4. Market, Market, and Market Your Business
This is by far the most important thing when it comes to setting up an online business. If you do not indulge in an unbeatable marketing plan, your business might not watch rocketing success. It is super crucial to market your business for it to reach masses and lure them to buy.
5. Outsource Monotonous Tasks
Being a startup, you should focus on marketing, funding, and other essential things rather than wasting your resources, time, and efforts on monotonous tasks. You will find several outsourcing companies who offer the best virtual assistant services. Outsourcing will also help you streamline your business process while allowing you to improve your productivity. You can delegate accounting, recruiting, customer support, and other time-consuming tasks to a reliable business process outsourcing company.
6. Study and Analyze The Response
Once you have started your business, checking, studying, analyzing the response becomes a crucial thing. You, as a business owner must take note of how things are churning with your customers. Whether they like your products or how often they want your product or service must be tracked.
Business analysis is a vital parameter when it comes to keeping your success growing. Note that once you start tracking your performance, it is going to help you in the long run as well.
Wrap Up
It is not a piece of cake to open up an online store while it is not something impossible. With staggering responses to online ventures and how the entire world is now indulging in online shopping, you are definitely going to succeed upon following the aforementioned easy plan. The internet is full of possibilities; if you have a knack for establishing a business of your own then nothing can stop you!
Gaurav Prabhakar Mali is an enthusiast writer & filmmaker who works a content contributor at Fusion First offering best business consulting services in USA.