This step-by-step guide will help you start your online business if this is your first venture.
You can add products to your online store if you have the ability. Your first sale might be possible. This is the place for curious people who want to set up an eCommerce business or scale their existing business.
This section will teach you everything you need to know about starting an online business. These tips are not only theory but practical advice on how to start, grow and scale your online business.
Steps to Set Up Your eCommerce Store.
- Figure out your niche
- Dropship your products or stock them
- Register a domain name and a business name
- Create an eCommerce store
- Add products
- Establish payment methods and shipping
- Test and Backup
- Online marketing for your eCommerce store
1. Figure Out your Niche
eCommerce is expanding at an incredible rate. New sites are being launched by millions of entrepreneurs. Despite their global reach, startups and entrepreneurs fail to find products that sell like hotcakes.
It is smart to find a niche. This is how you survive the digital bubble.
If you are already familiar with your niche, you can skip this step to move on to the next.
You can find out which are the top-selling products on amazon and determine which products you can make money from without running out of.
2. To Dropship or Stock your Products
Stocking your product is a great way to get more attention, feedback, and communication about your product.
You have the chance to create processes at the beginning that will be helpful when scaling your business. You must plan everything.
It is simple to start a startup with existing products. It is important to order things correctly when you are at the beginning stages of a startup.
Identify where the stock will be kept. You should have your stocking facility within arm’s reach. Because you had a tight deadline to meet, you don’t want your product to be damaged while being transported from one location to the next.
Once you reach a certain level of sales, you can always use Amazon FBA to help with product delivery.
3. Think up a Business Name & Register Domain Name
Next, you need to create a name for your eCommerce shop. This is where a business name generator tool comes in handy. Simply enter the keywords to generate a store name.
Next, register a domain. This post will help you to choose the best domain registrar. You must also choose a reliable hosting service.
4. Develop the eCommerce Store
This step will allow you to choose whether to build your store from scratch or customize WordPress themes that best suit your business.
It is easier for startups to select a CMS that is affordable and then customize it to meet their needs.
One of the most important steps is the development of eStore. It is impossible to make a mistake. You need someone to help you.
You can either hire a professional web developer or a seasoned agency to help with eCommerce website development.
A great idea is to use ecommerce app development to your advantage. Many businesses have adopted ecommerce apps to sell their products after the COVID-19 epidemic. According to a study, small businesses make 30% more sales and converts using mobile apps than traditional methods.
5. Add Products
After your online shop is set up, you will need to add products for customers to be able to buy from it.
You will now be able to see what products you’re willing to sell online if you have been following this blog since the beginning.
YouTube has a tutorial for every CMS. Every CMS, Shopify or WooCommerce, has its own process for adding products. YouTube demonstrates this process.
If you have a custom website to build, ask the developer for a tutorial or to show them how to add products.
6. Set up Payment Methods & Shipping
You are responsible for settling shipping and payment in a manner that makes customers feel comfortable.
Make sure you use the best payment gateways to support your eCommerce store. Do not assume that customers will change their payment preferences.
Did you know that 52.3% of shopping cart abandonment can be attributed to high shipping costs
Customers won’t tell you why they leave your site from the shopping cart page.
Don’t add any extra cost at the end.
It is best to inform the customer about any cost before they reach the final page. This will help them to understand the final cost.
7. Test & Backup
Testing is never-ending. Split-test everything. You can A/B-test everything, even if it is a minor feature before you publish it online.
It will be simple to identify which elements are working for your brand before you make any changes.
Next, take care of your backup.
It should be a daily habit to back up your website at least once per week. If your website is a startup, backup it twice per week. Automate the process.
You don’t have to worry about losing data or taking backups. Just automate your backup and let it do the rest.
8. Market your eCommerce Store Online
Final step is: Make your eCommerce store visible to the public.
Marketing your eCommerce store is the most important hurdle. These super-easy methods can help you market your online store.
These tips will help you increase brand awareness and make your brand more relevant to your target audience.
Final thoughts It is easy to imagine or predict that you will be the next Amazon. Execution is the most difficult part of startups. Planning is everything, but the plan is useless.
Read More: What Sellers Need to Know about Amazon SEO