Starting aÌýbusiness isÌýaÌýrisky initiative. NoÌýone wants toÌýwaste their time andÌýmoney selling online without aÌýreturn. Some ofÌýyou may have aÌýfriend who had aÌýfriend who took aÌýloan, opened aÌýbusiness, went belly upÌýandÌýswore not toÌýtouch business plans ever again.
InÌýthis article, weÌýwill break theÌýstereotype ofÌýspending gazillions dollars toÌýstart aÌýbusiness online. This one isÌýforÌýbeginners who haven’t opened anÌýonline store yet. Experienced entrepreneurs are unlikely toÌýfind anything new here. You might want toÌýread how toÌýincrease your revenue with newsletter segmentationÌý¾±²Ô²õ³Ù±ð²¹»å.
So, back toÌýtheÌýbeginnersÌý—Ìýlet’s begin.
ToÌýSpend orÌýNot toÌýSpend?
AÌýbankroll isÌýhelpful forÌýopening anÌýonline store, but not aÌýmust. Start with small things. Creating anÌýonline store isÌýmuch cheaper than opening aÌýboutique inÌýtheÌýmall. You don’t pay forÌýtheÌýspace, decorations, andÌýmany other things.
Initially, your apartment orÌýgarage can serve asÌýaÌýstore. Your cat will enjoy it.
AtÌýfirst, expenses forÌýanÌýonline store may beÌýconfusing. One would think: “Okay, IÌýneed toÌýbuild anÌý
±õ´ÚÌý²â´Ç³Ü don’t have aÌýlot ofÌýmoney andÌýdon’t feel great atÌýtheÌýthought ofÌýburdening yourself with aÌýbig loan, aÌýgood thing toÌýdoÌýisÌýtoÌýopen anÌýonline store inÌýtwo stages.
AtÌýfirst, plan toÌýcreate aÌýfree ecommerce website,Ìýa Facebook page with aÌýfree store, orÌýtoÌýtest your product atÌýart shows andÌýstreet markets, toÌýcheck ifÌýtheÌýjuice isÌýworth theÌýsqueeze. And ifÌýeverything goes well, dare toÌýregister aÌýbusiness andÌýcreate anÌý
e-commerce website.ºÚÁÏÃÅ’s free Instant Site
Build More asÌýYour Business Grows
Let’s imagine itÌýwas off toÌýaÌýgood startÌý— you sold everything during theÌýfirst month, andÌýyour online store’s following isÌýgrowing. You’ll eventually need more than just aÌýstorefront with aÌýcart. You’ll want more
e-commerce tools andÌýautomation. AtÌýthis point, you can create aÌýmore professional website andÌýadd anÌýonline store there.Machines Work, People Earn
People invented computers toÌýtake onÌýrote work andÌýuse their time more efficiently.
E-commerce platforms have theÌýsame goal: toÌýmake entrepreneurship easier. AnÌýonline store serves asÌýaÌýstorefront, aÌýshop assistant forÌýcustomers, andÌýaÌýpersonal manager forÌýits owner.The bottom line isÌýthat you can andÌýadd more features when you stand both feet onÌýtheÌýground.
Whether you decided toÌýstart selling online forÌýfree, orÌýtoÌýbuild aÌýfully featured website with anÌýonline store, take into consideration theÌýfollowing expences.
Business Registration
IÌýadded this part because lawyers asked me. JK.
ToÌýmake your business legal, itÌýmust beÌýregistered. Most people start with aÌýsole proprietorship because itÌýhas theÌýlowest barrier. AnÌýannual business license forÌýtheÌýState ofÌýCalifornia isÌý$35.
±õ´ÚÌý²â´Ç³Ü have bigger plans orÌýneed toÌýprotect yourself, there are two options: LLC orÌýCorporation. WeÌýdiscussed their differences inÌýtheÌýarticle devoted toÌýregistering your
e-commerce business. Small businesses generally prefer LLCs.Domain
The domain isÌýyour site’s name orÌýURL. Share itÌýwith your friends, print itÌýonÌýbusiness cards andÌýlink toÌýitÌýonÌýsocial media. You can buy aÌýdomain onÌýspecial sites like Ìý´Ç²Ô±ð.
Domain prices vary andÌýusually start from $9Ìýper month. ByÌýtheÌýway, you can buy aÌýdomain name with ºÚÁÏÃÅ.
Hosting
AÌýwebsite isÌýaÌýset ofÌýfiles that needs toÌýbeÌýstored somewhere. This isÌýwhy you’ll have toÌýÌýget aÌýhosting account. The companies that sell domain names typically offer hosting. Like ºÚÁÏÃÅ, you can pay forÌýhosting
month-to-month orÌýpurchase rights toÌýtheÌýdomain forÌýtheÌýentire year. The latter isÌýcheaper, ofÌýcourse.Basic hosting onÌý costs $48Ìýper year.
±õ´ÚÌý²â´Ç³Ü create your ecommerce website with ºÚÁÏÃÅ, you won’t have toÌýpay forÌýits hosting separately. You’ll pay just your plan price.
Online store
ºÚÁÏÃÅ isÌýanÌý
±ð-³¦´Ç³¾³¾±ð°ù³¦±ðÌý±è±ô²¹³Ù´Ú´Ç°ù³¾ that allows you toÌýcreate your own online store. Using ºÚÁÏÃÅ, you can display andÌýsell your products onÌýaÌýwebsite, calculate shipping expenses andÌýtaxes, monitor your orders andÌýenable various payment methods.ItÌýisÌýfree toÌýcreate aÌýstore using ºÚÁÏÃÅ. ±õ´ÚÌý²â´Ç³Ü have upÌýtoÌýfive products, aÌýfree plan will beÌýenough toÌýstart. When you’re ready toÌýimplement advanced tools, premium features inÌýºÚÁÏÃÅ’s paid plans come around toÌýgrow your business.
For example, Venture PlanÌýallows 100Ìýproducts.
The budget
Let’s add everything upÌýtoÌýsee what itÌýcosts toÌýstart selling online.
With aÌýwebsite Without aÌýwebsite Business registration $35 $35 Domain name $12 $12 Annual hosting $48 ✕ ºÚÁÏÃÅ free plan $0 $0 Total $95 $47 What does “without aÌýwebsite” mean?
ºÚÁÏÃÅ creates aÌýfree Instant siteÌýwhen you sign up. Later you can buy aÌýdomain name andÌýconnect itÌýtoÌýtheÌýInstant site. ItÌýsaves money andÌýtime.
New businesses have different goals andÌýdifferent budgets, but creating anÌýonline store can beÌýcheaper than visiting Starbucks once aÌýweek. Whatever your budget, start aÌýsmall business with anÌýonline presence ´Ç²ÔÌý·¡³¦·É¾±»å, because itÌýisÌýaÌýmuch cheaper, less risky alternative toÌýopening aÌýretail orÌýphysical location.
Share this article with your friends who are looking toÌýstart something new.
Ìý
- How toÌýCreate anÌýOnline Store Without aÌýWebsite
- How toÌýStart anÌýOnline Store Without aÌýBudget
- How toÌýStart anÌýOnline Store Without Inventory
- How ToÌýCreate AnÌýOnline Store andÌýBeÌýSuccessful
- How Much Money DoÌýYou Need toÌýOpen anÌýOnline Store?
- Understanding Online Store KPIs
- Essential Business KPIs forÌýOnline Stores
- How ToÌýWrite AÌýBusiness Plan
- Opening Day Checklist: What ToÌýDoÌýBefore Launching Your Ecommerce Store
- How toÌýMake AnÌýOnline Shop: AÌýSimple
6-Step Guide
