Logo Logo
  • Services
    Software Development Application Development QA & Testing Others
    Custom Software Development
    Enterprise Software Development NearShore Software Development
    Software Product Development
    MVP Development & Consulting SAAS Consulting & Development
    Software Outsourcing services
    Dedicated Development Teams Staff Augmentation Services Offshore Software Development Offshore Development Center (ODC) Software Development in India Hiring Remote Developers FAQs Hire Indian Developers How It Works
    Software Consulting Digital Transformation Whitelabel Services
    Mobile App Development
    Cross Platform App Development Flutter App Development iOS / iPhone App Development Andoid App Development React Native App Development Xamarin App Development
    Web App Development
    Website & Portal Development
    Backend Development Services
    .NET Development Services Laravel Development Services PHP Development Services Node Development Services Java Development Services Python Development Services SharePoint Development Services Wordpress Development Services Drupal Development Services
    Cloud Application Development
    Serverless
    Frontend Development Services
    Angular Development Services React Development Services Power BI Development Services
    Full Stack Development
    MEAN Stack Development Services MERN Stack Development Services
    Application Maintainance & Support Application Modernization eCommerce Development Services OTT App Development Services
    QA & Testing
    Hire Software QA Application Testing Mobile App Testing Web App Testing Automated Testing
    Dashboards & Analytics
    Data Analytics Consulting & Management Microsoft Power BI
    DevOps
    DevOps Consulting Amazon AWS
  • Hire Developers
    Backend .NET C/C++ Django Firebase Golang GraphQL Java Laravel Node PHP Python Ruby on Rails Symfony
    Frontend Angular HTML/CSS PowerBI React Vue.JS CMS Drupal Kentico Sitecore Sitefinity Umbraco Wordpress
    Mobile Android Flutter Ionic iOS Kotlin React Native Swift Xamarin eCommerce Magento Shopify
    Full Stack MEAN MERN Blockchain Cryptocurrency Ethereum ICO Smart Contract Solidity DevOps Azure AWS
    ML Chatbot Dialogflow RPA Tensorflow Low-Code Appian Outsystems Mendix
  • Technologies
    Trending Serverless Internet of Things Machine Learning Blockchain AR/ VR OTT RPA
    Platforms SharePoint Microsoft Power BI Magento Shopify Wordpress
    Programming
    iOS / iPhone Andoid React Native .NET Laravel PHP
    Node Java Python Drupal Angular React Flutter
  • Solutions
    Industries Healthcare ISV Automative Fintech Retail & eCommerce

    Education & Elearning Travel & Tourism Banking & Financial Services Logistic & Transportation Media & Entertaintainment
    Solutions Financial Management Workforce Management
  • Company
    Overview Case Studies In Media Clients & Testimonials Careers Blog
  • Contact Us
Logo Logo
Logo Logo
  • Services
  • Hire Developers
    Backend
    .NET C/C++ Django Firebase Golang GraphQL Java Laravel Node PHP Python Ruby on Rails Symfony
    Frontend
    Angular HTML/CSS PowerBI React Vue.JS
    CMS
    Drupal Kentico Sitecore Sitefinity Umbraco Wordpress
    Mobile
    Android Flutter Ionic iOS Kotlin React Native Swift Xamarin
    Full Stack
    MEAN MERN
    Blockchain
    Cryptocurrency Ethereum ICO Smart Contract Solidity
    ML
    Chatbot Dialogflow RPA Tensorflow
    DevOps
    Azure AWS
    Low-Code
    Appian Outsystems Mendix
  • Technologies
    Trending
    Serverless Internet of Things Machine Learning Blockchain AR/ VR OTT RPA
    Platforms
    SharePoint Microsoft Power BI Magento Shopify Wordpress
    Programming
    iOS / iPhone Andoid React Native .NET Laravel PHP Node Java Python Drupal Angular React Flutter
  • Solutions
    Healthcare ISV Automative Fintech Retail & eCommerce Education & Elearning Travel & Tourism Banking & Financial Services Logistic & Transportation Media & Entertaintainment Financial Management Workforce Management
  • Company
    Overview Case Studies In Media Clients & Testimonials Careers Blog
  • Contact Us
Logo Logo Back
  • Software Development
    Custom Software Development
    Enterprise Software Development NearShore Software Development
    Software Outsourcing services
    Dedicated Development Teams Staff Augmentation Services Offshore Software Development Offshore Development Center (ODC) Software Development in India Hiring Remote Developers FAQs Hire Indian Developers How It Works
    Software Product Development
    MVP Development & Consulting SAAS Consulting & Development
    Software Consulting
    Digital Transformation Whitelabel Services
  • Application Development
    Mobile App Development
    Cross Platform App Development Flutter App Development iOS / iPhone App Development Andoid App Development React Native App Development Xamarin App Development
    Web App Development
    Website & Portal Development
    Backend Development Services
    .NET Development Services Laravel Development Services PHP Development Services Node Development Services Java Development Services Python Development Services SharePoint Development Services Wordpress Development Services Drupal Development Services
    Frontend Development Services
    Angular Development Services React Development Services Power BI Development Services
    Full Stack Development
    MEAN Stack Development Services MERN Stack Development Services
    Cloud Application Development
    Serverless
    Application Maintainance & Support Application Modernization eCommerce Development Services OTT App Development Services
  • QA & Testing
    Hire Software QA Application Testing Mobile App Testing Web App Testing Automated Testing
  • Others
    Dashboards & Analytics
    Data Analytics Consulting & Management Microsoft Power BI
    DevOps
    DevOps Consulting Amazon AWS
    eCommerce Development Services OTT App Development Services

Like What You’re Reading?

Join us to get latest updates
Loading

A Comprehensive Guide To Launch eCommerce Business

  • Posted By ved-raj
  • 27 Views
  • 0
A Comprehensive Guide To Launch eCommerce Business
  • Technology and Apps
  • 1. Recognizing eCommerce Business Model & Audience 
  • 2. Deciding On Target Market And Products
  • 3. Analyzing Your Profit Margin
  • 4. Register Your Business
    • Register your business
    • Choose your store name.
    • Get a business license.
    • Apply for a business license and permit
    • Find the right sellers.
    • Create your brand logo 
  • 5. Develop Your Ecommerce Store
  • 6. Launch Your Business & Marketing
  • Summing Up 

Table of Contents

  • 1. Recognizing eCommerce Business Model & Audience 
  • 2. Deciding On Target Market And Products
  • 3. Analyzing Your Profit Margin
  • 4. Register Your Business
    • Register your business
    • Choose your store name.
    • Get a business license.
    • Apply for a business license and permit
    • Find the right sellers.
    • Create your brand logo 
  • 5. Develop Your Ecommerce Store
  • 6. Launch Your Business & Marketing
  • Summing Up 

Gone are the days when visiting brick and mortar stores was an everyday task. Thanks to technology, now virtual stores are commerce kings. 

Everything you need can get delivered to your doorstep in a few clicks on your mobile or computer. Ecommerce has radically changed the way we buy things in the present. Thus, many offline businesses are struggling to acquire customers. 

While some of them are preparing to rise on the internet, though, launching an online eCommerce startup can turn out a big headache if not implemented well from the very beginning if you are striving to take up your business internet. 

Thus, I have decided to explain to you everything from scratch. So, if you want to successfully launch eCommerce business in 2021, stay hooked with me here.  

1. Recognizing eCommerce Business Model & Audience 

Researching is the key to success for everything. Thus, you must not forget to do this. Growing and successfully launching your business is an investment of both time and money. So, you need to do it well. 

First, you know that a single business structure can work well for every entrepreneur. Thus, you need an understanding of available business models of your niche. 

Same applies to eCommerce business, as it plays a significant role in your business structure. To understand eCommerce business models, you can get online eCommerce business blueprint videos.  

In short, here are the ten eCommerce models available currently. 

  1.  Business To Business Ecommerce
  2.  Business To Consumer Ecommerce
  3.  C2C ECommerce
  4.  Consumer To Business Ecommerce
  5.  Government / Public Administration Ecommerce
  6.  Drop-Shipping
  7.  Wholesaling And Warehousing
  8.  Private Labeling And Manufacturing
  9.  White Labeling
  10.  Subscription-Based Ecommerce

eCommerce developers


All of these business models have their own set of features and include separate revenue sources. From having your own warehouse to outsourcing your delivery to small vendors, eCommerce consists of a vast market and variety of operations. 

eCommerce Business Model

So, you must gain an understanding of these models before getting into the eCommerce business. Once you would recognize the initial understanding of these models, you would have a clear idea of your direction. You would be able to decide end goals in terms of operation, target audience, and customers. 

As recognizing your model will give you insight into your customer, you can research more to recognize your target customer’s pain. Once you recognize what your eCommerce business model is, you need to research: 

  • Platforms where your target audience is available. 
  • What Your target audience is looking for? 
  • How to reach them? 

Finding answers to these questions would give you understanding to your target audience. Once you have done this, now it’s time to validate your target market and products. 

Moreover, don’t ignore that you would have to hire eCommerce developers to effectively implement your business model. 

2. Deciding On Target Market And Products

I am sure now you’ve identified a niche and a business model, you may be tempted to start looking to sell products.

 Before you think of product ideas, don’t forget to think about the persona. If you don’t know what your target audience is expected to buy, what you can sell, who you are selling your product.

Who is your business? What does your store showcase? Who are your ideal clients? Projecting a consistent brand image should be your priority from beginning to the end.  

Fortunately, Facebook makes it relatively easy for us to find your target audience online. In particular, know exactly how many people you can target. You can drill down for very specific numbers and a broad demographic.

If you want a brand aimed at hardcore triathletes who also enjoy mountain biking, you may need to expand a bit more. You can’t build a business if your target audience is only 100,000 people.

Once you recognize the image you want to project and the customer you are serving, it’s time to think of product ideas. I would recommend you to start one product and then expand if you want to sell more using affiliate marketing can turn out effective. 

If you want to sell groceries, or clothing, or fashion products, social media channels can help you a lot about your audience interest. 

eCommerce business market

3. Analyzing Your Profit Margin

Indeed, your major concern would be how much traffic you can make and how much you would have to spend to grow your business. 

I would like to clear this that you would have to continuously spend in marketing and promoting your business online after the initial investment. Apart from these, you would have to consider how much profit you can make on each product after excluding actual product cost, marketing cost, and delivery cost. 

Thus, it is advised that you make a marketing budget, and analyze delivery costs can arise in each location you are targeting. Truly, you can gain humongous money in the eCommerce market; all you just need to do is manage each task separately. 

Moreover, ensure that your product provides a better profit margin and ensure catering good product quality as incompatible product quality can lead to bad reviews and unfavorable promotion. So, think about each aspect deeply.


Must Read: Why Is Shopify So Popular For eCommerce Business?


4. Register Your Business

To run a successful business, you would have to connect with your target audience. Thus, it is critical to recognize personas and create eCommerce brands. To sell your products to corporate entrepreneurs, you would have to think accordingly. 

But before setting up your store and getting into the finer nuances of brand building, there are some basic steps you’ll need to take.

Register your business

Finalize a business name and register your business with your government. There are legal protections and tax benefits to include, so don’t skip it.

Choose your store name.

Your site name and your business’s legal name don’t need to be the same, but keeping them consistent has its benefits. Make sure what you choose fits your niche; you don’t want to choose a brand at the last minute.

Get a business license.

Know the processes to get a license. The Small Business Association has many resources to get you started, including a protected mentor network and small business basics. Actively Seek Sponsors – Their advice can be invaluable, even for small things like getting a business license.

eCommerce business license

Apply for a business license and permit

Operating an online store does require certain business licenses and permits. Check with your city, country, and state what type of sales tax license or home business license you need and approve before you start operating.

Find the right sellers.

You have a lot of competition to sell products online, so it is in your best interest to sell your products or find the best quality and best prices for the products you use. Shop until you find a supplier you want to trade with long-term; this includes your e-commerce software (your “shopping cart”). Think scalable from the start.

Create your brand logo 

Don’t pay fret for it, but make sure no other company in your niche is using it. However, the logo design should be very original (and it really shouldn’t be).

Moreover, Carefully consider your brand colours, the images you use, and the typefaces or fonts you use. If you have not received the quote, you can contact a software designing company to create a design report for your company. If not, you can make your own. Just stay consistent and read the marketing tips designed to promote your brand.


ecommerce development


5. Develop Your Ecommerce Store

Now once you have done registering your business with the go, it is time to kick-start online. Register your domain name and redirect your URLs to your domain. Now it comes to build your online store. 

To build your eCommerce store, you would have to hire eCommerce developers who can employ the best technologies and CMS to create your eCommerce site. Yes! Indeed, there are websites like Spotify and Magento where you can get your eCommerce store launched easily. 

Though, you would need eCommerce website developers to create the store and manage data on the site initially. Actually, these platforms make eCommerce store development easier, but expert developers are essential for using the advanced feature. 

Except for creating your online store, you can also purchase a White Label eCommerce Website -a custom-made solution created for clients’ specific needs. Actually, these days white label eCommerce software solutions are being termed as viable software solutions for enterprises. 

This software development model allows you to acquire a ready-made solution optimized & deployed for your business within one or two weeks. In contrast, custom eCommerce solution development requires you to spend 6-8 weeks just for development. This means it takes ten weeks to launch an eCommerce business online. 

If you want to create a custom eCommerce store, using themes of BigCommerce, WooCommerce, Shopify, and more can reduce hassles. Moreover, you can sell your products on Amazon, but this way you wouldn’t be able to create your brand presence.

Also Read: How WooCommerce CMS will Help You Grow an e-Commerce Business?

Steps to create eCommerce Business Development

Moreover, here are the steps you would have to follow for creating your eCommerce store.  

  •  Finalizing on eCommerce application development platform & technology 
  • Deciding on features, you want to infuse within your eCommerce solution. 
  • CMS you want to leverage 
  • Marketing effective plugins to ensure the ranking of product pages
  • Payment options 
  • Delivery & inventory management system 

It looks easier at one glance but requires hours of effort and continuous dedication. Thus, I would recommend you have a white label solution to reduce development & implementation time and make processes prompt.

6. Launch Your Business & Marketing

Majorly, your business launch is done when your eCommerce store is live and running effectively. But! You would have to ensure that you are getting the attention of your target audience. 

Thus, you would have to market your product well. You can opt for pre-marketing as well, which allows you to run awareness campaigns on social media. 

In contrast, you can use SEO, paid promotion, and affiliate marketing options to boost your product sales. But, you must have to consider your audiences’ buying behaviour to target them for a successful eCommerce business launch. 

Summing Up 

To launch an eCommerce business successfully, you would have to ensure having a user-friendly online store. While on the other hand, you would have to serve them the best quality product, services and attractive deals & discounts. 

To get the desired outcomes, you would have to put in efforts in the right direction. Moreover, consulting with a software outsourcing company can also get you a great insight into the eCommerce startup launch. 

 

ecommerce development company

 

 

Tags:custom ecommerce developmentecommerceecommerce app developmentecommerce developer for hireecommerce development servicesecommerce guidehire retail and ecommerce companyshopify development

RELATED STORIES

Kotlin Multiplatform 1
Kotlin Multiplatform: The Smartest Choice in Cross-Platform Development
Top Trends in Android App Development
Top Android App Development Trends To Look For
Frame 1 1
What Is The Role Of Artificial Intelligence In The Financial Sector?
×

Download Your FREE e-Guide NOW!

Discover What, Why & How of "Offshore Resource Hiring" with this FREE e-Guide!

Valuecoders

Fill out the form below to download the e-Guide now.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copyright © 2004 - 2022. All Rights Reserved. ValueCoders.com Become a Partner | Privacy Policy | Terms of Service | Why India? | FAQ | Disclaimer | GDPR Theme Light | Dark | Auto
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT