- 1 How to Start Online E-Commerce Store
- 2 Steps for establishing online E-Commerce Store
- 2.1 Prepare for a Business Plan
- 2.2 Spend time in Market Research
- 2.3 Proper Selection of Store Name
- 2.4 Selection of Online Domain
- 2.5 Designing the Website
- 2.6 Develop a Unique Brand Identity
- 2.7 Highlight Products and Ensure Quality
- 2.8 The correct choice of price
- 2.9 Source
- 2.10 Delivery Services
- 2.11 Promotion on Social Media
- 3 Necessary legal Documents and Licenses
- 3.0.1 1. Company Bank Account
- 3.0.2 2. Company’s PAN card
- 3.0.3 3. Company Ownership Papers
- 3.0.4 4. Trade License
- 3.0.5 5. Registration Certificate
- 3.0.6 6. GST Registration Documents
- 3.0.7 7. Sale Tax/VAT Registration
- 3.0.8 8. Identity Proof
- 3.0.9 9. Address Proof
- 4 Staffing and Remuneration
- 5 Investment Cost and Profit Margins
- 6 Risk Factor
How to Start Online E-Commerce Store
Do you have a unique business idea? Do you not like to work under any supervision? Do you want to earn lots of money? If your all answer is yes then you have to think about your business plan. Most people believe that we need a massive amount of money to establish a business, but it is not so right. You can start an E-Commerce business.
You can thank the Internet that makes to accessible to far-flung areas. In Today’s life, you can start an E-Commerce business with the help of the internet without a large amount. If you have a perfect business plan, you can try your luck in the online trade industry. In the past few years, the portal-based store has increased. People need essential salmon, such as clothes, shoes, bags and other things on these sites.
Steps for establishing online E-Commerce Store
What do you want to sell on the online platform is not essential, for that you have to be self-confident. If you are not self-confident in the process of establishing such a business, you can also consult with experienced people. Whether you want to open traditional clothing shops or build a portal business, then you have to follow these things. It will secure your success. Your success only depends on your inspiration, hard work, product quality and promotional technology.
Prepare for a Business Plan
As we know to complete any task, we need proper planning. Although, there are no rules or technique which provide you with any guarantee to the success. However, there are some policies; if you follow it then definitely you will become successful.
There are some essential things like preparing the necessary financing in the online Store, choosing products, promoting, obtaining orders, and getting a payment after delivery. In the absence of proper planning, there may be problems due to which only you will not be able to get your online business, but reputation will also get worse in your market. Therefore it is necessary to give time to make a business plan.
Spend time in Market Research
Once your plan is ready, then research a market for this with a professional. No one can achieve success without studying the market in any business. It will provide data to shave your online store. It also gives you a bright idea for the amount of money.
Like- what people like, How to deliver and so forth. The market research will also help you reach your target customer. These reports will tell you what is necessary for your business so that you will be able to fulfill the order.
Proper Selection of Store Name
Once all the data came in your hands, now you have to think the name of your online clothing boutique. It may seem straightforward, but in reality, it is a challenging task. For this, ignore the old and dumb-pipe names. The name of the online store is something that attracts customers. Find some beautiful and smart names and make sure that the name of the customer is understood only by the name of what you are offering it.
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Selection of Online Domain
There is no need to say that the proper online place for online garment boutique should also be there. It is essential to have a website on which customers can choose the items of their choice. So the next important link is to select the name of the right domain. Having a domain, it will get a professional touch; people trust more than others in such a store. Premium plans for this are costly, but it increases large online business.
Designing the Website
If your online Representation is not correct, then you may have to lose your business soon. Once, you have thought of the name of the store and the domain. Now, you have to create an active webpage for the store. The webpage will work as a window from which customers will be able to see your fresh collection.
An online E-commerce store should be excellent. You can take help from a website designer. Make sure to reduce the importance of items without attracting design and template customers, so make the site attractive. If it is difficult to navigate the tab, then the customer will immediately log in to another store.
Develop a Unique Brand Identity
Online branding is necessary for the E-Commerce Industry. It depends on your customers, products, names and social media messaging. If there is only product for women’s, then it would be better if there are a presentation of women’s colours and wishes. If, your portal contains all the merchandise for youth, women, men and children.
So the brand and its design should be accordingly. Men will not like to see things or designs of women’s items. Moreover, if you want to start selling the school uniform, then identify that way.
Highlight Products and Ensure Quality
Once you’ve impressed yourself, they will always come to see you at your store, what you have done. Moreover, this will be your actual chance to crack your deal. Your online store will only run when it contains some unique items for customers.
You should keep uploading the photo of your product by dragging from different angles so that customers can understand the shape, size and colour of the product correctly. With pictures, you should also post a product’s demo, so that customers can know what they will get in it. Keeping this in mind, you should show the best quality product.
The correct choice of price
Every person has his budget. Its price should be according to its quality. If they do not like the quality, then the customers also see this product on other sites. Those people will always choose the best deal, so the price of your product should be attractive and in the customer’s budget, for this, first do proper research.
To make your collection, you have to be in touch with a wholesaler, retailer, manufacturer and other stores, from where you can get good products for your portal, you can also sell their products at your store by talking to local artists, you can also hire an artist for your work.
When customers give an order, they also expect a quick and safe delivery of his product. It is the seller’s responsibility to deliver the product up to the customer in the right way. For this, you can also get the help of courier service to send a garment to the customer from the store. No matter what delivery service you choose, it does not make any difference, make sure that the customer does not get a chance to complain.
Promotion on Social Media
If you do not use proper promotional technology, then all the instructions mentioned above will be spread. Advertising is necessary for customers to reach their point of view. Apart from this, there are many sites for competition, without the advertisement, you will not be able to attract customers. The best way to promote online boutiques is to use social media platforms.
Online E-Commerce store owners can open accounts on social media like Facebook, Instagram or Twitter and can spread their online business information from there. If you have enough money, you can also use traditional advertisements such as televisions, newspapers, radios, and so forth. Celebrity can also make brand ambassador of its online garment store.
Necessary legal Documents and Licenses
1. Company Bank Account
The documents that you will need most for your online business are the bank accounts of your company. It helps all financial related problem, and this company account will do business-related business. Customers who buy clothes from online payment will deposit the money in this account.
2. Company’s PAN card
Another essential document for the online store is that the registered PAN card should be made up of the name of the company. Without these legal documents, many types of permits or grants cannot obtain.
3. Company Ownership Papers
Whenever an owner applies for a trade license or other required paper, then he must also tell about the type of membership of the agency, that he alone is the sole owner of the company. Its partnership firm or LLP is a private limited company. All these things need to tell in the registration form.
4. Trade License
As soon as you create a good organization for excellent service, profit and sales, you need a trade license. Proper papers also required for this license.
5. Registration Certificate
You will also need a proof of registration for an online store, as per your trade-law, your store will be legal.
6. GST Registration Documents
With the implementation of GST in India, both new and old organizations need to have GST registration paper. It will facilitate the company owner to fill the tax.
7. Sale Tax/VAT Registration
In addition to the GST registration, the boutique owner also needs cell tax and VAT registration papers. These papers explain that the agency is legal and does all the work legally.
8. Identity Proof
Owner of the online store also has to give his identity certificate. Voter card, Pan Card, ration card, passport, and so forth. There are some documents which required for this work.
9. Address Proof
Certificate of E-Commerce Store Sailing Company’s licence has to be submitted along with the certificate of the owner’s house. Although the store is online, there is an address that can be traceable in reality. Address of the new address can use for this.
Staffing and Remuneration
If you are controlling an online Store, you will not need much support. If the work is small, then a single person can also handle, but as the work will grow, you will need to keep 2-4 people, the owner of the online store does not require a factory. If you want to keep only some people for wages such as packing, stocking, then you have to give 5000 to 10,000 per month.
Investment Cost and Profit Margins
There is no typical cost to start online boutiques. If you desire to sell only branded clothes, then your investment will be much higher than the garment in locals. The online store reduces the investment very much if you want to make your identity in the ready-made garment industry, you have to start from Rs 5 to 7 lakh rupees.
Problems of Storing
The products are quickly damaged if your E-Commerce store is online because you need massive storage to keep the products. The lack of proper storage is not only destroyed the items, but it also reduces the profit.
Risk of not finding customers
If you have a fresh collection, then it is possible that people do not like it. The price of goods is also a big reason, which can immerse online business. It is not easy to read the minds of people, and it becomes even more difficult to explain to a particular customer who buys them, whereas, in reality, any shopkeeper can quickly tell to their customer about their quality of the products.
I hope guys, now you know the basics about to start an online E-commerce store. If you learn anything new, then support us by share this post to your friends and relatives. If you have any doubt or you didn’t understand anything above, then you can comment below, or you can contact us.
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