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Anybody who is willing to start an online business and sell goods have two main options: they can run their own ecommerce business or they can sell their products on already established online platforms such as ebay, Amazon and even on Facebook. But advertising on one of these already built platforms is really difficult because there are plenty of people who try advertise on those services to sell their products. In this case, you will have to provide your customers some sort of uniqueness in order to motivate them to buy your item. Having an ecommerce shop is quite different than advertising your business on Amazon or eBay. There are some important aspects that you need to pay your attention to before starting an ecommerce shop. Among them, having a domain name, hosting provider and ecommerce shopping cart software play huge roles. Domain name is the unique name that you use to represent your business in the Internet. It is something like www.yourdomain.com. If you are going to sell your products only to local people, then it is always good to choose a country domain name such as .co.uk, .ca, .au. Because choosing a country domain name will help your customers to feel that you are local. But if you are aiming at selling your products to many countries, it is always good to go with a top level domain such as .com. Secondly, you need to have a web hosting space where you can store all your web files. There are cheap hosting providers such as GoDaddy or HostGater. You can select a hosting package which you think is good for you from these hosting providers. Normally when you buy a hosting package, They provide you an email package so that you will be able to use domain base email addresses to maximize the professionalism of your ecommerce business.
Think of a conventional street shop, whoever pass by the street will have an opportunity to come into the shop and buy what they need. But the concept of ecommerce is quite different than that. When you have an ecommerce store, you are having a much larger customer base because anybody from anywhere can visit your ecommerce website to purchase your products. Bigger customer base gives you much opportunities to sell your products more than in a conventional store. This will Immensely help you to boost your profit. Another significant behaviour of ecommerce website is, it stays open all 24/7 without any efforts. Customers can visit your ecommerce shop at any time of the day. They can place orders even in the middle of the night, while travelling or doing some other work. Therefore, being able to sell your products regardless of hours of the day is a huge advantage for your ecommerce business. Ecommerce businesses do not have much overhead costs. Owners of ecommerce businesses do not need to pay rent for the shop, electricity bills, water bills, Gas bills and other bills. They do not have to pay for employees a lot. Therefore, they quite enjoy the freedom of having less overhead cost. There is another hidden advantage that people do not realized: You do not have to have a huge capital to start an ecommerce business. You can ask your supplier to provide you one of each product that you wish to sell and then you can display them in your ecommerce shop. This way you can reduce the initial cost for your products to open your ecommerce shop. Drop-shipping is one of another biggest advantages that an ecommerce shops have than a conventional stores. You, as a business owner, will be able to minimize your inventory cost by using Drop-ship methods. In Drop-ship method, products are shipped to consumers straight from the manufactures but manufactures will put your label on the parcel or packaging so that it will look like you send them.
Even though starting an ecommerce business is relatively easy when comparing to conventional stores, there are number of aspects that you need to pay attention to.