As the number of people shopping online increases, there has never been a better time to start an ecommerce business . It is estimated that over 40% of all households in the USA are making online purchases. how do you go about setting up your own ecommerce business?
There are three major steps to follow in setting up your online business;
1.) Registering your business:
Firstly , you will have to decide the type of small business you wish to form [sole proprietorship, general partnership, limited partnership, limited liability corporation] and then registering it. There are business registration practices, guidelines and requirements to be observed before registering your business. You will have to find out how it goes in your country, region or state. Small business ecommerce tutorials are not as difficult as you think. Once you are done, register the business online and get a domain name.
2.) Sourcing stock
The next step of the process involves sourcing your products.
It's best to carry out all your market research before registering your business. But in case you have not done it, now is the best time to carry out all essential market research. As the fuel price keeps increasing, a lot of people are shopping online for all sorts of goods. Almost everything, from clothes , electronics, furniture, books to groceries , household items even properties. It's important to establish a demand for your product , once you a sure you have a market for your products, time to start searching for a supplier. There are all sorts of supply possibilities; wholesalers, drop shippers and overstock / liquidation sales are all good ways to source products.
One of the most important things about ecommerce business is to have a good customer service, which makes sure customers receive their goods as fast as possible. If the customer waits for too long, the chances being patronized again is limited. Check how fast your supplier can re-order and deliver stock. Even if you are starting a small business, you have to get ready to handle sudden large orders, should it occur.
Another thing to bear in mind, is that online goods are slightly cheaper than the ones on a supermarket shelf. Its important to calculate your cost price as well as the postage and packaging , so that the price of the goods and your profit will be reasonable.
Once you have found a supplier, and ready to make a contact, you have to hand all the important data about your business. It's important to have a good business plan that includes a well laid out marketing plan and carefully arranged financial forecasts. The supplier will want to be sure , they are not the only ones supplying you before they proceed to do business with you. However, it's best to have more than one supplier, to be on the safe side.
3.) How will you sell your products
There are many ways to sell products online. You can design and create your own websites and sell your goods there, through auction websites and classified ads, using a ready made store and promote the products of others.
AM PARTICIPATING IN A BLOG CAMPAIGN FOR BUCKS2BLOG FOR AN ECOMMERCE SOLUTION COMPANY AND WAS COMPENSATED. HOWEVER, , THE REVIEWS AND OPINION ARE MINE.
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Thursday, 29 September 2011
Sunday, 25 September 2011
EXPOSURE 99% WEEKDAY BLOG HOP IS ON !!!!!
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This week Featured blog in Exposure 99% Hop is DadToLibbs
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Wednesday, 21 September 2011
RIANNA'S FIRST DAY AT NURSERY.
It was like any other morning, the only difference is, she gets to have breakfast earlier than usual . I have prepared her mind about nursery some weeks before, on how to make friends and sharing toys and taking turns [she is so impatient]. On the day she is to start, she was so nervous, didn't really know why. It was as if , I'm going for a job interview or had my practical driving lesson test . I was nervous because i have never left Rianna out of my sight or at a creche or at a friends. Its all new for both of us and i was nervous. I will miss her so much and she will miss home and me, or probably cry and make a scene.
Below are some few pictures of her, on her first day to nursery.
But to my biggest surprise, when we arrived at her school and she saw other kids with their uniforms looking smart and happy, she was fine. I just dropped her off and left and i didn't get any call back from the nursery teachers, i was happy but a little sad that she didn't miss me. The second day was fine as well. My little girl is all grown up and I'm so happy.
Below are some few pictures of her, on her first day to nursery.
Monday, 19 September 2011
EXPOSURE 99% WEEKDAY BLOG HOP IS ON!!!!!
Welcome to Exposure 99% Weekday Hop. This is not just a blog hop, is one of a kind. Exposure 99% Blog hop gives you the chance to link up your Blogs, Reviews, Giveaways, Twitter, Facebook pages and many more. Exposure 99% hop linky opens every Monday and closes every Friday. Is a hop that helps you get more Followers, Readers, People entering your awesome giveaways, People reading your reviews and many more on your family friendly activities in your blogs. We will really appreciate if you can help us get the word out by grabbing the hop button and placing in your blog, which you will also benefit. Every week one blog will be featured here in Exposure 99% Hop, and it could be you, and you know what that means.
If you want to get featured in next week Exposure 99% Hop, kindly fill out this form HERE and grab the hop button. We will get back at you.
Exposure 99% Hop has few and simple rules which you have to abide with before you link up.
* Kindly follow the hostesses--- Onemomentintime and Bitsandbobsblog via GFC to participate, and let us know you are following so that we can return the love to you. If you are already a GFC follower of our blogs you can follow us another way ( don't forget to notify us).
* Link up your Blogs, Twitter, Facebook, Giveaways, Reviews and many more in the linky list.
* If you linked up any other thing apart from your blogs, kindly specify if possible so that it will be easier for others to find what they are looking for.
* Visit and follow many links you wish, and let them know you are visiting from Exposure 99% weekday hop.
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