Complete Guide for E-commerce Business

Do you want to start your E-commerce Business?

Do you want to sell your Product/Service Online?

Want to earn money online?

Do you want to grow your online business?

Ecommerce is growing fast i.e Amazon, eBay, Flipkart, etc.

In this article, we are going to cover the following topics:

Introduction to eCommerce
What is eCommerce?
Different types of eCommerce
How to begin an eCommerce business?
How to choose a suitable eCommerce platform?
eCommerce Hosting
Responsive eCommerce website
Mistakes to avoid
Pros & Cons of eCommerce

Introduction to E-commerce:

Electronic Commerce: Exchange of currency for goods or services online.

E-commerce includes buying any kind of product or service online. However, an E-commerce business can be anything like a physical product business, Digital products, services, and others.

Most importantly, it includes any type of buying or selling of goods or services online

In other words, there are a few categories like What type of product you are selling, to whom & where?

>>What is E-commerce?

As we explained, E-commerce is a transaction of money and goods via the internet.

WHAT TYPES OF PRODUCTS CAN YOU SELL?

Every eCommerce business sells different products/services. Generally, we can say there are 4 types of eCommerce products that businesses can sell.

Physical Products:

Most businesses sell physical products, which are shipped to the customers. In other words, they can receive the product in their hands.

Services:

This category includes businesses that provide a service, rather than a physical or digital product. It can be website development, designing services, online training, and so on.

Digital Products:

They are not actual products that are shipped to customers. In other words, it can be digital files like E-book, online courses, and many more. No need to wait for the shipment.

Affiliate:

Nowadays, many people are earning through affiliate links, you might have heard of it.

Affiliate links help to earn a portion of the revenue for facilitating a sale. It means you can sell products for someone to consumers and earn a commission on each sale.

Moreover, you can create your own affiliate eCommerce store.

However, so many people sometimes get confused about the correct spelling of E-commerce.

You can spell it like this:

e-commerce
E-commerce
eCommerce
Ecommerce

>>Different types of E-commerce:

There are mainly 3 types of eCommerce: B2B, B2C, & C2C.

B2B: Business to Business. This includes selling physical or digital products or services to other businesses.

Manufacturers, traders, and retailers all fall within this category.

B2C: Business to Customer. This includes selling physical or digital products or services to Customers.

It includes consumers like us who buy products and services online through websites.

C2C: Customer to Customer. E-commerce has resurrected a variant of the barter system in which individuals can sell objects they possess to one another.

There are different kinds of eCommerce businesses. Therefore, virtual stores are formed online and often provide a wider range of products than conventional stores.

In addition, some stores solely exist online and benefit from the absence of physical infrastructure expenditure.

How to begin an E-commerce business?

Starting your own eCommerce business has never been easier nor it is too difficult.

Finalize Product/Service to sell:

Firstly, you need to analyze the market about the demand for a product and competition too.

Decide business name and register it. It can be any of those 4 categories we mentioned above.

Make a Plan:

Without a plan, all your effort re worthless.

In other words, you will keep working on things without getting any results.

Moreover, there are so many things to consider when starting an online business.

Like Business Name, Registering, Product selection, Business model, Competitive analysis, Target Audience, Branding & Marketing, and so on.

>>How to choose a suitable eCommerce platform?

Ecommerce businesses have different options when it comes to eCommerce platforms.

Things to take care of while choosing an eCommerce platform:

Themes and Customization Capabilities
Custom Domain
24*7 Support
Flexible Payment Options
Multiple Language
Mobile Friendliness
SEO

>>E-commerce Hosting:

An eCommerce hosting solution can be really advantageous for anyone who is looking to start an online business.

Moreover, an efficient e-commerce hosting service provider will ensure the high availability of your website, with no or less downtime.

For instance, here are some of the best hosting providers to help you:

>>Responsive E-commerce website:

However, only creating an eCommerce website is not enough.

In other words, your website should be responsive as well for a better user experience.

Most importantly, it should be mobile-friendly, well optimized, small size images.

>>Mistakes to avoid:

Above all, there are many things you should avoid frequent website mistakes.

Website speed: If it takes more than 3 seconds to load, the visitor will leave your website.

Domain Name: The domain name should be relevant to your business.

Proper eCommerce Platform: It should meet your business needs and also provides excellent features to run on your website.

SEO: People sometimes do mistakes by not managing the SEO of the website. Don't make this mistake if you want your website to perform well.

Responsive website: What if your website is not responsive and visitors can not find the call to action on mobile? They will go to another website, simple!