How To Start E-commerce Business ?
WHAT IS E-COMMERCE BUSINESS
Starting a business and working on it is a challenging thing. Doing an e-commerce business is a challenging task. An e-commerce business depends on a lot of hardware and a lot of sales, which you should always keep doing to be successful. Today’s video In today’s post, I am going to tell you some tips related to which you will not face any problems in starting a business and easily you can start a business in your short time, in this I will tell you How you can create a successful business, just think about why we are talking about e-commerce business.
Bill Gates once said that if your business is not on the internet, then your business is not a business. E-commerce sites like Amazon, Flipkart, and Snapdeal have shown No matter how much time is the future of business and that is now because these people have started e-commerce marketing with business in e-commerce marketing, that’s why these are called such big sites,
if you also know the benefits of getting into this business. If it doesn’t work then let’s come to Ecommerce Let’s count some of the advantages of starting a business. The E-commerce service of 2017-18 has shown that the e-commerce market in India is around 33 million, which is considered to be 19% more than the group of 2016-17.
You are ready to start your e-commerce business, so let us now know what steps you have to follow to start an e-commerce business.
HOW TO START AN E-COMMERCE BUSINESS
STEP 1. ) CREATE A PARFECT BUSINESS PLAN AND MODEL
Create a perfect business plan and model The first thing you have to do is that you have to think about your business model and plan in detail. The CEO of Shopify said that e-commerce is not an industry, it is a whole. There is planning and there is practical, now you have the option of different types of business orders, either you can create a single vendor or you can also create a multi-vendor e-commerce store, you can choose according to your budget. There is a single seller marketplace,
if your budget is low, then you can choose a single vendor, in this you have to sell only one type of product or service on your e-commerce site, this commerce website is made through the best use. And the second complete control remains in your hands.
Multi-vendor marketplace In this, many Shailesh sell many types of products, sell on the same ecommerce marketplace, it has its own advantages, but the offers of this platform are also big and people and People get all their beneficial things on a single platform, so customers also In this type of business, there is also a security that if your supply is available to any person, then your other supply can send the product to the customer, so that the customer remains. Both types have their own advantages.
You can choose from what you have to do is to try single vendor or try multiple vendor jus ecommerce platform if you want to sell your own product then single vendor jus can make and if you want to If other people come to your store and sell their product, then you can also create a Google Vendors store, in the first type, you can take as much margin as you want, because this product is yours and in the second situation, you get commission in every way.
STEP 2. ) BRANDING THE BUSINESS
Branding and Business Creating If you have decided that when you have to start e-commerce of which model and make a list of your products and sellers, then now it is the turn to choose a business name, then you should do this while choosing your business name.
The thing to keep in mind is that you have to listen to the name of a band, now you have to keep in mind that while listening to the name of the brand, the name should be short, which is easy to remember, it is replying to your business, it should be unique in any other language.
There is no other meaning, as soon as you choose a great name, you have to get 1 people designed for it, which is called company people, if you want, you can get the logo designed with the first letter of your business name, like Amazon Kay Phillip Card Apps Now that you have finalized the people and name, the next app is to find the type of company, in India there is a student company, Sole Proprietorship, which has no limit on liability, One Person Company,
Limited Liability Partnership, which is called LLP. Or Private Limited Company, now out of these you can select the company. You have to choose the type, you want to run the name of the company independently or want to run with the name of the partner, it will be the time to decide the company and the brand, this is very important because if you listen to another pet and structure in the market
If you have then you have to take a Next ID number and file a tax return, in this type of online business it is called, after which you have to open a businessman bank account so that you can pay business tax in the final year. But if you choose Sole Proprietor, then you will not need to take Tax ID, you can use only your Social Security Number, which you get at the time of registration, after that the next step is
STEP 3. ) REGISTER ECOMMERCE BUSINESS
Register your ecommerce business Get your business registered This is the most important part of starting an ecommerce business. First of all, for DIN ie Direct Director Side Effect Identification Number, you have to fill the form by visiting the online website of Ministry of Corporate Affairs and All the necessary documents have to be uploaded there, for this you must have your PAN card and digital signature certificate. When you get your DIN, then you can check the availability of your company name by r.o.c.
That is, you have to apply in the registered off company, you can also do it on the website of your Ministry of Corporate Affairs. After the name is confirmed, you are given 6 months time for the rest of the water process, even after this you will have to do many things. Have to apply for GST Certificate Certificate Shop Establishment License Provident Fund Organization State Insurance Corporation Medical Insurance and in the last you have to apply for Certificate Company Incorporation Company Office Registration of Company
STEP 4. ) OPEN BANK ACCOUNT
Once the company is registered, after that you have to open a bank account in the name of the company itself. You can open your bank account in any bank. If you want to start an online business, then GST registration will have to be done. Stores will be able to open their account only in the name of the company
STEP 5. ) CREATE ECOMMERCE WEBSITE
Build your e-commerce website You can build your website in two ways, either with the help of a prebuilt platform or with the help of scratch programming language, everyone can build a rebuilt platform. Free platforms like WordPress Wix have the advantage that there are many readymade Templates are available from which you can choose the template of your choice and create your own website. If you do not know any website programming or STML, then scratch website, commerce, magento, shopify repo and cut rocket are such options that you can create an e-commerce business,
now you have to listen that you have to make a website from someone, now you have to send it to your complete understanding, you have to design or make a website well, before launching the website of the company, you have to take care of some things in advance. First you have to decide whether you will self-post your website or hire a professional who will run your website on a daily basis, then you have to see that whatever is being posted on your website in Delhi is productive. Full details of the product and service and the picture and office should be given with the product
STEP 6. ) PAYMENT GATEWAYS
If you want to make your online business more profitable, then for this you need to set up a payment gateway, in which you should choose every payment method such as Flipkart, Debit Card, Net Banking, and Cash Transaction options. There are also some popular popular transactions, such as send hair And you have to submit some documents like Bank Account in the same name of the business PAN Card of the Business Certificate of the Corporation Memorandum of Association Articles of Association Identity Proof Address Proof Website Website Privacy Policy Once all these documents are uploaded, you can start the online gateway on your website.
