How to Start Online Shopping or e-Commerce Business in Simple Steps
As you know “Sky has no limits” so there is no proper answer that how much you can earn by online shopping website or e-commerce store. But it is another truth that nowadays “Amazon” is World’s no.1 retail company or online shopping website, even it is the biggest company in the World. Currently, Amazon is operating the business in many countries. Here we will let you know how to start an online shopping store? in easy FAQs.
What is E-commerce Business?
E-commerce means if any type of transaction conduct online comes under the e-commerce business. Today you can see lots of online shopping websites are running which purchase and sell goods online. It is the best example of the e-commerce business.
E-Commerce is World’s fastest growing online business, Its growth in every country on the peak.
We recommend you, if you are a manufacturer or brand owner then you should launch your own shopping website. You can add your shopping website in our FREE e-commerce web directory to receive interested visitors.
How online shopping sites make a profit? or how does an online retailer make money?
It is very easy to answer because in e-commerce business by doing selling and purchasing give you lots of profit. For example, if a cable purchased by you at Rs.100 and you are selling it at Rs.150. Means you are earning Rs.50 (some operational cost will also be deducted from the profit).
How to start an online shopping website? an e-commerce company?
If you already have products, then it is very simple for you. For example, if you have a shop for Shoes, Clothes, Electronics, Health Nutrition, Restaurant, etc. You just need to launch a website which is not much difficult.
E-commerce Business for Technical Business persons:
If you are technically good or if you can hire a developer or programmer then start an online shopping store yourself, you can buy a domain and web hosting from the World’s top hosting company Bluehost, you can also choose other web hosting domain providers from here, and install any opensource or paid shopping cart. Best open source software for an eCommerce website is WordPress where you can launch your store with Woocommerce plugin, then you can customize your shopping website according to your business needs.
E-commerce Business for Non-technical business persons:
If you can not hire a programmer or you are not technically sound then you can open a website with the help of Shopify, which is a readymade shopping website which you can customize according to your needs. Shopify customer support will help you or customize according to your business needs.
So you can start an online shopping store with Shopify, it is free for 14 days and no credit card required. You can also choose from a wide range of free and premium themes.
But if you don’t have a product then you have to do another exercise. Now you need an e-commerce idea to make money. You have to research top selling, unique and best price products which you can sell very fast online. Because if you don’t have a shop then you have to sell all the inventory online.
How to choose or find the best product to sell online?
It needs expert research, you can hire a freelancer or employee who can perform market research online for best selling products. Your market researcher will find top selling and top search products in Google within the last 1 year. So you can get advice from the list. But don’t forget to launch your own unique product with the best selling products for best online shopping website business.
If you can’t hire expert, then you can do some basic research on eBay, Amazon, Walmart websites. You can also check product review on YouTube before purchasing its inventory to minimize your sales return.
For Online Wholesalers Websites List, you can check here to register with them.
Is it possible to start an online shopping website without inventory?
Yes, It is possible. You can start online shopping website without product, just join the dropship program on manufacturer websites. And list all products on your new website with your profit. Once you receive the order then transfer it to your manufacturer website. Your manufacturer will direct dispatch to your customer with your name and you will get directly sales profit without any work like packing, shipping & handling, etc.
For Dropshipping Websites List, you can check here to register with them.
We appreciate if you can share this information with your friends and colleagues. Please bookmark this website (www.bigmarginstore.com) for more tutorials on e-commerce websites and e-commerce businesses.
