eCommerce is an emerging and fastest growing trends in the present time. Today the youth are more inclined towards becoming an entrepreneur and do something of their own.
One of the techy yet effective ways of doing own business is opening an online business. According to a survey, worldwide sales by the eCommerce sector has seen tremendous growth in between 2014 to 2018.
In 2017 eCommerce sales were 2.3 trillion US dollar worldwide whereas it is expected to grow to 4.88 trillion US dollars by 2021.
People are preferring the easiest way to get their work done through eCommerce portal.
Amidst all, the increase in the eCommerce sales have opened the doors of opportunities for eCommerce Web Development companies and also for eCommerce web developers.
We at Techradius have a marvelous team of e-commerce web developers. We have leveraged their knowledge and mull over the discussion on the process of e-commerce portal development.
After a rigorous brainstorming, our e-commerce professionals has given the easiest 7 steps to start an eCommerce business flawlessly.
Select Your Niche
First and the foremost thing is to decide the niche in which niche you want to cater. For that do thorough research, Google every detail and pick the product category in which you are suitable to proceed.
Always try to select a less competitive area and do not choose anything which dominated by other major brands or your close competitors.
Select Your Suitable Business Model
Each business has a different business structure. The business model which is working fine for your competitors is not necessary that it would work for you too.
Choose your business model wisely for eg. identify your revenue sources, select your intended customer base, your finance sources, the products in which you will going to deal, etc.
Selecting the right business model always impact the structure of your business.
Identify Your Persona
Before you start selecting your product, make sure you have decided on your persona. It means the section in which you are going to deal with your customer.
For eg. if your company is dealing in organic seeds and it also starts selling chemical fertilizers, it wouldn’t last for long for sure.
Thus before selling, make sure you evaluate the project carefully, take a personal feel by testing it, learn the potential problems and prepare sold customer support service.
Once you identify your persona, make sure you establish your brand. A brand is an identity with which you can connect with your customers.
Building a Brand needs business Being registered, choose a nice name for your store, get licensed, get employ identification number and find the right vendors.
E-commerce Website Development
Choose a suitable domain name, select the right eCommerce software and fascinating and easy to navigate design, and you are done. Best 9 Steps for E-Commerce Website Development
Also, see if you prepare eCommerce mobile applications to build for you. It will make easy for your business to get connected with your present and potential customers smoothly.
Publicize Your eCommerce Store
Merely building eCommerce websites is not sufficient you also have to work hard to attract your customers.
To market your eStore you need to check the following things: the SEO friendliness of your website, keywords quality, opt paid advertising mode of selling and many steps like these.
Strategic Online Product Marketing
Here is the final destination of your eCommerce business lifecycle. Once your website, you must focus on other major areas to market your product online.
You may start by sending e-mails to your customers about new scheme or discount offers. You can also start a giveaway contest and respond to your customers as soon as possible to enhance customer retention.