6 Steps to Starting an Ecommerce Business in 2020

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Biztech
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6 Steps to Sta rting an Ecommerce Business in
2020 Ecommerce! It often sounds like a puzzle.
Collecting the pieces - What products to be
sold? Which platform is the best? How
to choose an eCommerce web development
company? And the list goes on. Though
starting an eCommerce business is quite similar
to brick-and-mortar, but just because it's
digital, it seems like a challenge. Are you
facing it too - difficulty in starting an
eCommerce business? Don't worry! We have got you
covered. Follow these six steps for a successful
eCommerce website development. Step 1 Decide on
a Business Plan The first step to an eCommerce
website development is to know what you want
to sell and to whom. You can start
by researching different eCommerce
businesses and choosing your niche-for
example, printed t-shirts, vintage
collection, customized jewelry, etc. After
deciding the niche, pick a business model,
whether you want to sell your products to
customers or other businesses, i.e. B2B or B2C.
Along with this, also figure out your target
audience and revenue model. Step 2 Plan your
Budget Budget planning is essential for
your venture. Starting an eCommerce business
means considering multiple aspects such
as products, legal documents, eCommerce
platforms, staff, business launch,
post-launch marketing, and emergency.
Planning the total budget based on these
factors would be difficult, but it's essential
to give you an idea about what you need and what
you want. By allocating a fixed proportion to
all the elements necessary for the business,
you can move ahead without worrying about
the budget later. When you allot the amount
to every task, make sure to keep one-third of it
for emergencies.
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Biztech Step 3 Legalize your Ecommerce Business
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To make your business legal, first, you will
have to name your eCommerce store. Choose a
unique one that resonates with your brand and
ensures that it's simple, unique, and original.
The unique name you choose further helps in
selecting the domain name. Domain name -
11yourwebsite.com 11 is your website's
address, and without it, you can't build an
online store. A good domain name will increase
your brand awareness, create mobility, and
increase traffic, so choose wisely. Once
you've it ready, register your eCommerce
business and get all the required
licenses. Step 4 Choose an Ecommerce
Platform An eCommerce platform is the
foundation of an online website. If the
foundation is not strong, it may cost you a lot.
So, check out different eCommerce platforms,
learn about their pros and cons, along with
their features. Considering all these factors,
choose the one that best suits your
requirement. Some of the most famous
eCommerce platforms are - Magento,
Shopify, WooCommerce, BigCommerce, BigCartel,
MeanStack, etc. To get a clear idea of the
platform, it is recommended to consult an
eCommerce website development company. Step 5
Select the Vendor You have chosen your
eCommerce platform, but who will customize
and design it? An eCommerce developer! But
how to choose the right eCommerce website
development company? Start by listing
all the eCommerce development companies.
Then, check out their testimonials, case
studies, product portfolios, ratings and
reviews, technologies. After researching
thoroughly, choose the one that is well
versed with the technology and provides
credibility. In partnership, discuss with the
team ask for their solutions, budget cost,
and the estimated delivery time. After
finalizing,get your eCommerce website development
done!
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Biztech Step 6 Launch and Market your eCommerce
Business
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Your eCommerce website is ready. Launch it,
and here starts your real work, i.e., promoting
your business. There are different tactics
to promote your business - biogs,
social media postings, ads, word-of-mouth,
emails, SMS, affiliates, and so on. There are
many paid advertisements that can bring in
more traffic but don't invest just when
you've started. Start low and free by engaging
with your customers through biogs, social media.
Offer discounts and deals, and then go for paid
marketing. Keep marketing with new creative
ideas and build your brand! With every
successful step, you'll be closer to your
eCommerce business. The journey of eCommerce
website development will be overwhelming at
times, but it's not rocket science. Moreover, you
will have nothing to lose. Only profits! This
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