When most people think about starting an eCommerce business, they have a vision of selling some amazing products that will enable them the freedom to work on something they truly enjoy. But regardless of early enthusiasm, sometimes they end up not making a move.
So what happens to these individuals?
- They are confused about what to sell
- Worrying about failing to keep them from beginning
- They have an idea however not sure what to do next
Does that sound like you? Here are 4 simple steps to begin your online business from scratch even when you don’t have cash.
Step 1: Build a Business Plan and Model
As much as one needs a business plan to set up a brick and mortar store, a proper business model and planning are needed to set up an eCommerce store as well. Without solid planning, chances of failure are high and in today’s ferocious competition, walking out unprepared is a hazard that one should not take.
Step 2: Choose Your Products to Sell Online
The choice of products plays a vital role in deciding the structure, advantages and long term success of your online business. Essentially, your products can be anything that ranges over various categories. You could concentrate on a single product offering, expand into multiple lines, depending on your financial limit and resources.
Step 3: Build an eCommerce Website in 5 Minutes
There are numerous online tools available that make it simple for you to set up your eCommerce Store in a couple of minutes and you can start selling your products online right away. Due to the availability of such tools, the process of building online stores is as simple as making a Facebook account today.
Step 4: Upload Your Products and Start Selling
When your online store has been set up, you can upload your product details and begin selling online. For better outcomes, you would require an appropriate online marketing strategy to remain a step ahead of the competition.
Planning an eCommerce business isn’t as difficult, as it is to execute and operate. With so many resources and information available to you, you can take up the planning process whenever. It is the execution that requires time and effort. If you are ready to take your outlet to an online place, it is very essential to choose certain things in advance, to limit the chances of losses.
- Decide in advance who will be your target customer and what will be the size of your operations. You could deliver nationally or internationally, depending on the availability of resources and scope.
- Prepare stocks of products that you plan to sell online. Getting your online resources available won’t be a hard thing to finish however at first, you should be equipped with the required products that can be sold and delivered when a customer places an order.
- Contact your shipping partners and decide the rates at which you’ll be charged and paid by you for shipping various quantities of products. This will help you in improving the overall customer experience of shopping with you.
So to be successful with your online business, it is very important that you take a clear view of the task that you will be required to deal as your eCommerce business runs.
Launching a basic Builderfly store
Recall your north star: to launch an eCommerce store with $0 and earn $65 within the next 14 days.
What you truly need is a simple medium to sell your products. A basic store serves this objective perfectly well. Once more, we just need to cover the fundamentals before we move to add products and finally making sales.
Here are your launching essentials:
- Register for 14-days free Builderfly account
- Link your existing domain name
- Choose your store theme
- Add your business logo
- Add payment gateways
- Adjust shopping settings
- Set up billing information
Only if you are prepared with the necessary information and resources in advance, you will be able to keep up with the demands of your business and customers. You can take the example of various successful eCommerce businesses that are running every day and servicing their customers in the most satisfactory manner possible.
