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How to start an eCommerce Business

Posted by David Williams | November 16, 2020


With over 200 million expected shoppers on the web, there’s never been a better time to start a new business, especially if you want to join the explosion of new e-commerce businesses. Here’s a checklist to kickstart your e-commerce business:

Choose an appropriate business name

The first and the most obvious thing to do is to settle for an attractive business name. Keep in mind, when joining the digital e-commerce world, you need to choose a unique name that hasn’t ever been heard before. Because the e-commerce business market is highly competitive, you need to go the extra mile to make sure that your business stands out in a large crowd. If you do not have intriguing ideas in your mind, you can settle for a corporate name from the web. Secondly, once you have decided on the business name, the next major step is to get it registered. This way, no one will steal it.

Secure your business website

Ideally, the business name and domain name are the same, but if you don’t get the same, you can choose a URL that is easy to remember. Secondly, the URL should be relatable with your business. If you settle for a difficult domain name, your audience will get confused and look for other options. For example, if your business is Mason’s Handy Craft creations, you need to settle for masonscreations.com, and if that is not available, you can choose masonscraftscreations.com. Through e-commerce outsourcing, you will be exposed to a plethora of ways to promote your services. Good customer service is paramount for any business, which is why it is crucial for you to invest in it.

A solid business website requires investment, hard work, energy, and dedication, and ideally should be professionally developed. Visit the different e-commerce business websites on the web to know about the current trends.

Choose the business type

You need to understand the different business types, such as:

§ Sole Proprietor

§ LLC

§ Partnership

§ Corporation

Know the permits and business licenses you need

Operating an e-commerce business mean you need to check out the permits and licenses applicable to your business. Check with your country, state and county regulations to understand about sales tax and business licenses. Before you decide to operate, don’t forget to sift through these details. Keep in mind, if you start operating your business without having adequate knowledge of the documentation, your venture might get into difficulties with local authorities.

Start marketing early

Every business, regardless of its size, needs to invest in a strong marketing strategy to promote its new product or service. Even if your product or service is not ready to be showcased to the public, it is always a good idea to run a social media marketing strategy for it. Build up strong profiles and try to grab as much attention as you can. Because digital media is flooded with a plethora of businesses, you need to be clever when deciding where to market your product or service. Intrigue the audience by running contests and putting “coming soon” posts. You can also offer updates via text messaging, and don’t overlook the efficacy of e-mail marketing.

Learn different marketing techniques for your e-commerce business

You need to prepare a marketing strategy for your offering before it is about to get launched in the market. It is in your best interest to learn the different ways to market your product. When it comes to marketing. either conventional marketing or digital marketing, try to be creative. If you choose to settle for conventional marketing methods such as TV advertisements, pamphlets, and flyers, they will cost you a lot of money. However, if you choose to use digital marketing, it will cost less and save time.

A word from the author:

Our software Profitizer, is an app that makes it easier for eSellers to understand their marketplace profit & loss data from the top of their business right through to individual or grouped product profitability. For Amazon, eBay, Etsy and other marketplace sellers, Profitizer is “Profit and loss, made simple”.

Find out more: https://www.profitizer.app

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