Money Excel - Personal Finance Blog

Menu
MENUMENU
MENUMENU
  • Home
  • Business Ideas
    • 225 Small Business Ideas
    • 40 Online Business Ideas
    • 20 Business Ideas for Beginners
    • 20 small manufacturing business
    • 30 Food Business Ideas
    • 100 Business Ideas low investment
  • Stock Market
    • Best Demat & Trading Accounts 2020
    • Best Stocks 2020 by Experts
    • Best Virtual Trading Apps
    • Best Stock Screener
    • Best Discount Brokers in India
    • Multibagger Stocks of LockDown
    • Rakesh Jhunjhunwala Portfolio
  • Mutual Funds
    • Best Mutual Funds 2020-21
    • Best Direct Mutual Fund Platform
    • Best Mutual Fund Mobile Apps
  • Incometax
    • Income Tax Slab FY 2020-21
    • Income Tax Calculator FY 2020-21
    • Income Tax Refund Request
    • Pay Advance Tax Online
    • Download New 15G -15 H Forms
  • Investment
    • Best Investment Ideas 2020
    • Long Term Investment Options
    • Best Investment Regular Income
    • Best Investment Options NRI
  • Credit Card
    • Best Credit Cards 2020-21
    • Best credit card for online shopping
    • Best Forex Card in India
    • Best Business Credit Cards
    • Credit Cards against Fixed Deposit
  • Insurance
    • Best Term Insurance Plans 2020
    • Best Health Insurance 2020
    • Best LIC Policy 2020
    • Best Car Insurance Companies
    • Best Mobile Insurance Companies
  • Downloads
Home
Business Ideas
How to start online e-commerce business?

How to start online e-commerce business?

Raviraj Parekh September 4, 2015

online e-commerce business

Starting online e-commerce business in India is easy today.You can start this business any time.Don’t worry about office space, store and staff. Everything is available. You can start your own online e-commerce business by following simple steps given below.

How to start online e-commerce business?

Step-1 – Decide what you want to Sell

The first step for starting online e-commerce business is to decide what you want to sell online. Where is your interest? What unique things you can offer to e-commerce market.

Do not miss below posts -
  • 30 Food Business Ideas with low investment
  • Best Small Printing Business Ideas
  • How to start a business in India – Step by …

Once you answer this question next question is from where you will be sourcing this whether you will be manufacturing these products or you will be purchasing it from somewhere. In case you will be purchasing it from somewhere you need to decide from where?

 Step-2 – Sign up with online market place or Make your own ecommerce portal

Once you decide what you want to sell the second step is to either register with an online marketplace like snapdeal, flipkart etc. or build your own e-commerce portal.

Registering with an online marketplace is quick, easy and more convenient. No registration fees applicable. No commission on sale.You can even get an advantage of the popularity of these e-commerce portals. It gives you unlimited access to crores of customers over the globe.

The second option is to start your own e-commerce portal. This option requires the skill set and technical expertise. You may need to hire IT guy to help you out. Not only that, it takes enough time to generate traffic and customer base. It is advisable to start with the first option.

Step-3 – Get Basic Documentation Done

For online e-commerce business, you need to get some basic documentation. This basic documentation includes your VAT (Value Added Tax) number, TIN (Taxpayer Identification Number), CST (Central Service Tax) Number and PAN (Permanent Account Number).

If you register at online marketplace representative from the marketplace will contact you for explaining way ahead.

Do not miss below posts -
  • Business or Job – Building Pipeline or Hauling Bucket
  • 20 Small Business Ideas for Students
  • Budget 2014 – Key Provision for New Business & Entrepreneur

Step-4 – List your products

Next step is to list your products. Before listing your product carry out independent research to identify seller selling same products and see what they are doing. Make sure your products looks attractive and salable.

In order to list the product, you need to take the photograph of your products. Either higher professional photographer or take help from the consultant from the online marketplace.

Step-5 – Start Selling

Once you are done with listing step, you are ready to sell your product. As we know price plays an important role in getting customers. Don’t price your product too high. Keep eye on customer demands likes and dislikes. If require take help from the expert team of the online marketplace.

You can track your sales, payment, inventory everything online.

Remember guru mantra for success in online e-commerce business is quality, on time delivery and innovation.

So, what are you waiting for start your online e-commerce business now!

Prev Article
Next Article
Tags:e-commerce busienss online business online e-commerce business online e-commerce store online store

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

One Response

  1. Apoorva Goyal

    I Have Start New Business

    November 21, 2015

Leave a Reply

Cancel reply

IIFL Demat Account

Search

Top Posts & Pages

  • Rakesh Jhunjhunwala Portfolio Holdings - January 2021
  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • How to check Property Records and Land Records online in India?
  • LIC Premium Paid Certificate Download For Income Tax Purpose - Online
  • 20 small manufacturing business ideas with low cost
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • 225 Small Business Ideas with Low Investment in 2021-22
  • 10 Best Small Trading Business Ideas
  • Top 60 Manufacturing Business Ideas
  • Income Tax Calculator FY 2019-20 (AY 2020-21) - Excel Download

Subscribe to Blog via Email

Join 5,476 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |