Sep 27, 2019

How To Build, Launch, And Grow A Profitable Online Store

How To Build, Launch, And Grow A Profitable Online Store

If you have an entrepreneurial spirit and have decided to put your money in internet business, then using a Shopify development company in India to build your online store is a perfect decision.



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However, bear in mind that starting an eCommerce business is not easy and demands hard work and the knack to make the right decisions at the right time. By following some simple guidelines mentioned below you can avoid pitfalls when researching, launching, and growing a profitable eCommerce business.

CHOOSE A PRODUCT 


a) What to sell?

Ideally, you should be done with your product research for several months in advance. If you are not there yet, no worries, you can still get product ideas and information on trending products and opportunities online. Oberlo is a good site but there are others too.

b) Sourcing your product

If you are not a manufacturer, then you need to plan and organize from where will you source your products and importantly from one manufacturer or various. Consistent supply of high-quality products is a must-have to ensure success.

c) Pricing

Do research to check out the industry trends and what the competition is charging. Is there any differentiation, or are the products standardized?

DO YOUR HOMEWORK


a) What is competition?

Check on the number of players in the market. How big are they? And where are they located? Are they traders or manufacturers and what are their strengths and weaknesses?

b) Prepare a business plan

Prepare a roadmap of your business by bringing your ideas and thoughts together. It will help you prioritize tasks and effectively reach new customers.

ESTABLISH YOUR BUSINESS


a) Name and logo

Choose an appropriate name and logo for your business. Avoid names that already exist, or which sound similar. A best practice is to choose a name that gels well with your target market. For a logo choose a trendy design that appeals and to which your customers can connect.

b) Create a buzz on social media

Build your accounts on LinkedIn, Twitter, Instagram, and Facebook and create a buzz on social media about the launch of your business so that your audience can start talking about it and share the news with each other

c) Start using SEO

Begin with baby steps and understand SEO nuances so that you can properly structure your site and pages for Google and other search engines. This is the preparatory stage prior to building the online store.

d) Create your online store

Choose a well-reputed Shopify development company in India to build your online store. Check out their service offerings and prices and negotiate a deal that will ensure that your store is up and running by a definite date.

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The first option is not advisable because you neither have the time nor the expertise to do the changes on your own. The second option is also not suitable because the scope of work might change leading to change order requests and increase in project costs. The third option is not feasible because freelancers are not available all the time and if you engage with them once, chances are that they might be busy in future. In view of the above, the best option is to hire Shopify web developers in India. 

PREPARE TO LAUNCH YOUR ONLINE STORE


Do an end-to-end review to ensure that nothing is left out. Double-check your online store features, ensure that your product is available and check that shipping is working.

POST LAUNCH


a) Focus on digital marketing & SEO

Usually, a Shopify development company in India also offers digital marketing & SEO services. In this way, you do not have to work with different providers. The same provider can build your digital marketing & SEO strategy and help you get targeted traffic to your website. 

b) Launch campaigns

Run focused email campaigns and social media campaigns, especially in the initial weeks and months.

c) Optimize your site

Optimize your website and make it omni-channel and to enhance user experience.

d) Perform analytics

Deploy the right tools to get insights on your website traffic and website performance.

CONCLUSION

Building an online store is a challenging activity but hopefully, the above guidelines will serve as a blue-print to enable you build your roadmap and avoid mistakes.

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Myself Mouzzam Jafri Head of Internet Marketing at Techindiasoftware. I have 5+ years of experience in IT Industry. My passion is in writing about Internet Marketing Currently I am writing about how to Hire Magento Developer and Hire Wordpress Developer.


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Hey! I’m Muhammad Abba Gana, popularly known as AbbaGana, a blog Scientist by mind and a passionate blogger by heart fountainhead of Guidetricks, Duniyan Fasaha, Duniyar Yau, Hanyantsirah, Gidan Novels, Abba Gana Novels and Be With Me Technologies, I am twenty something year old guy from Jimeta, Adamawa State, Nigeria. I’m a Freelance writer, Information marketer, professional blogger, Web designer, Internet speaker, software Developer and also an author. I make living with my laptop and can work from anywhere I find myself (as long as there is a power supply and a reliable internet connection).

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