With the e-commerce sector booming like never before, it is definitely a good thought to start an online store now. Whether you are a budding entrepreneur aspiring to crack the formula for a successful online business or a physical shop owner wanting to expand your presence through an online store or business, You can avail of our Yourstore platform to grow your online business in India.
If you are wondering whether India is a good place to start an online business, then the answer is a big fat yes! India is one of the hotspots for e-commerce businesses as it is growing rapidly and spreading across households for the ease and comfort it offers the customer. The scope for online business in India is already rising with an anticipation to grow even more in the near future. With start-ups to big techs turning their presence online to adapt to the new phenomenon, the right time for you to start an online store is neither tomorrow nor the day after that but today!
With that being said, it is for sure easy to say but difficult to do. Starting an online store might sound daunting as it requires a clear vision, a business plan, in-depth research, and a website. But you don’t need to worry! In this blog, we have listed the step-by-step process to create a successful online business.
To start an online business in India, the first and foremost thing you have to consider is the niche you are going to focus on. Niche is nothing but the particular category of products or services you are interested to sell through your online store.
Figure out if the niche you have chosen has demand in the market and how your products are going to solve the consumer’s problems. Electronics, cosmetics, food, etc., are some of the top-selling product niches in India. Consider the Indian audience while determining the niche for your online business.
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Before moving forward make sure you choose the apt products for your store and choose a business model which is relevant to your business. Do a little bit of research on the different e-commerce business models to find the one that suits your needs and sits well with your e-commerce business.
If you wish to sell your products to other businesses then it would come under the B2B business model. If in case you want to learn more about this model, here is everything you need to know about the B2B business model. And if you sell your products directly to the consumers, then it would be a B2C business model.
Understand the market by spending time researching what people are willing to buy and why is it so, to gather as much information as possible about the market and the in-demand products. This will come in handy in inculcating the relevant services, and products to make a place for yourself in a competitive marketplace like India.
While doing your research on the market, make sure you spend just enough time determining and studying your target audience to understand consumer behaviour to cater efficiently to their specific demands and needs. Determining the target audience will also help you in attracting the right set of audiences to your site to later convert them into potential buyers.
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Create a business plan with the goals, and objectives you have set for your e-commerce business to have a Clear cut vision beforehand. The business plan should encompass your sales and marketing strategies, target audiences, in-depth market analysis, and other specific aspects for a successful online business. Always keep in mind that your marketing strategies and moves should align with the Indian audience to strike the perfect cord with them. Include the overview of the promotional and marketing strategies such as SEO, social media, etc, that you are considering in your business plan to have a clear vision.
Naming your online store is one of the most crucial steps toward creating an online store for your business. The name of your store should be a representation of what your e-commerce website or business is all about or it should be something unique to stay in the minds of the audience for a long time.
Learn the easy steps to be followed to name a product!
Another important aspect of an online store website is the logo which helps in forming a deeper connection with the audiences who visit your website. The logo of a business is a visual representation of your business.
Before stepping onto creating a logo for your e-commerce website, you might want to learn how to do so. Here are the simple ways to create your own logo. Once you get a basic understanding of the same, you can start creating one yourself with our free instant logo maker. Enhance your brand’s visibility as well as the credibility of your website with a customised domain name.
Now you have to walk past the most important milestone of starting an online store i.e., creating an e-commerce website. Just like physical shops, you need a place where you and your buyers can connect and make meaningful exchanges for each other’s benefit. It might sound technical and difficult to create a website but we, at yourstore offer an easy-to-use website builder for online stores. This is one of the best website builders for online stores that you should watch out for your e-commerce business in India.
Learn to create an e-commerce website before dipping your hands into one! Customise your website according to your brand’s image to stay true to your brand’s objective and value. And if you are a beginner, you must learn to build an e-commerce website from scratch.
Before getting your website ready for the launch, make a checklist to be sure that you are not missing anything. Here are the things to keep in mind before your website goes live:
Add more to the list if you have any specific changes needed for your website. Now you are all set to launch!
Email marketing, social media marketing, and SEO are some of the most efficient methods of garnering more and more attention from the audience. Yourstore can help with the best SEO practices to bring more traffic to your online store. Start by learning the basics of marketing and start implementing them for your e-commerce business. There is no pre-determined formula as such to succeed in the world of marketing. So let your guard down and allow yourself to relax and have fun advertising your business in the most interactive ways possible.
Start now by learning how to drive traffic to your online store!
These were some of the secret sauces to start an online business in India successfully. So go ahead and start your online store today. Yourstore will help you build your e-commerce website with our easy no-code website builder. Log in to our platform and enjoy our free tools to build your website for your online store. You can just download our app and set up your online store at any time and from anywhere.
Binge on our other blogs to know more about e-commerce businesses. For expert guidance and support to grow your online store, get in touch with us.
Jayalakshmi, Yourstore
30th May 2023