7 Steps How to start a E-commerce business in 2024
7 Steps How to start a E-commerce business in 2024 You should your select a domain that is easy to remember, but it should also be quick to type. If you can’t discover a domain that nobody else has bought.
You could wind up paying that charges for only your domain. If you’re fortunate enough to discover a domain name that is both available for purchase and best fits your company, the annual fee will be approximately ₹600 INR–1000 INR
Hosting: The industry offers two different types of web hosting. The first is cloud hosting, which is inexpensive but takes a high level of expertise to use. The second option is managed hosting, which is a little more expensive than the first but is simple to use for anyone with basic computer skills! The size of your website determines the cost of hosting. A small-scale website could set you back between ₹4000 and ₹5000 annually.
7 Steps How to start a E-commerce business in 2024
Development is the area in which you should use the greatest caution when allocating your funds. Depending on your needs in your E-commerce business , web development industries charge anywhere from ₹40000 to ₹10,000,000 LPA. But A freelancer will just handle the same task for far less money. The reason is that a freelancer works from home, saving money on things like leasing an office, office electricity expenses, and expensive bandwidth. Therefore, I always advise those without significant funds to use independent contractors.
Logistics: Do a Google search to find the most cheap courier services in your local area. Avoid using the services of a logistics provider that doesn’t satisfy its clients.
Can you start E-commerce business without money
Step 1:- Find a benificial products to sell on the E-commerce
Select the products you want to sell and the target the market for them is the first stage in launching an online store. It’s ideal if you already have a particular industry or specialization in mind. You can make a network for product supply and purchases for better improvement your E-commerce business regarding niches
Step 2:– Find a Reliable customer / Supplier
- This can contact with organizations for better understanding in identifying prospective vendors who complement their target market and product offerings. Furthermore, market research can assist companies in assessing the dependability and legitimacy of possible suppliers by obtaining data on their track record, caliber of products, and delivery timetables.
Step 3:– Listing the images of products with content regarding product
You should list your products images neat and clean with products description like price , offer limit time , products specifications
Step 4:- Register your business
Register your startup firm at the lowest fees, as a private limited company with Online Legal trade mark . An MSME and MCA (Ministry of Corporate Affairs) registered company in India is Online Legal India
In India, a private limited company is a usual kind of commercial entity. In India, Private Limited Companies account for almost 80% of all company registrations. An annual total of around 170,000 organizations are being registered. Legal entity with perpetual existence and limited liability It was incorporated in accordance with the Companies Act of 2013
Step 5:- Get a payment gateway
Make a payment gateway option at your website using coding languages and for make a payment gateway option your site developer can make on your website if you will ask to them and for that work site developer can do charge for same
Step 6:- Market your product with social media
Step A:- Know Your Audience Before you think about how to promote a product in market , and do some research to determine who your key audience is in the overall marketplace and do target your local market firstly
Step B:- Now decide your marketing strategy
Step C:-To sell your products online, you have to create your seller account on websites like Amazon , Myntra or Flipkart etc. To list your products online, you have to register, for which certain things are required. For this you must have a professional email ID.
Step 7:- Hire reliable staff
First consider creating a persona of your ideal employee, and then craft the job description accordingly. Make sure the job description is accurate and well-written before you distribute it on multiple job boards, social networks, and job search engines like Indeed to maximize your reach.
Conclusion
E-commerce has an impact on a variety of companies, bringing with it both novel possibilities and challenges. Traditional company models have been transformed by the symbiotic interaction between technology, SaaS goods, and e-commerce.
