Monday 24 October 2016

How to Setup your first online store?

If you already have an idea and a killer product to set things up quickly, then here are some suggestions that can be a best fit for start-ups like yours.

Research, Research, Research: Get to know your competitors, who they are, what are they doing, how are they showcasing their store, how are they marketing, and how are they nailing it to sell online.



Also read: What to Sell Online? 10 Places to Look for Ecommerce Product Ideas!

Make a Business Plan: Think through your entire business target market, what you want to accomplish, how are you going to market your products, what technologies do you really require to start, how are you going manufacture or source your products from outside, how will you seek out financing for all the above.

Decide your eCommerce Platform: How are you to going to take it to sell online? You have several options available out there. Either you choose an online marketplace like eBay or etsy to create storefronts or create your own eCommerce website using readymade platforms like EWDC. Be it grocery, or fashion or electronics, EWDC has everything in-built for niche-specific online stores with exact feature required for start-ups to drive sales.

Set your Payment Options: Decide what payment options you can accept to receive from your customers like Google Checkout, Paypal, credit card processors, or integrate payment gateway providers like PayUMoney, PayUBiz, CCAvenue and more.

Make your Shipment Procedure: When you sell products you ought to make sure if the shipment and fulfillment are being done in a proper way, what your delivery cost per order is, do you need a warehouse, do you want to do in-house fulfillment or choose third party shipping providers, etc.

Know about the Rules affecting eCommerce: you need to be aware of some important rules like data security standards in PCI Compliance Guide, FTC guidelines and more.

Marketing is Vital: Plan your marketing process set goals to drive conversions. Choose your medium, use various platforms or hire someone to optimize your website and promote it online to attract enough visitors and convert into sales.

Hope by getting these out of the way upfront, you will be prepared to create a solid, sustainable online store to beat the real world challenges in the competitive marketplace!

Looking to startup your eCommerce shop? Reach us today at www.ewdc.in

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