Want to start an online business but don’t know how to go about it? Well, don’t let the passion die, coz here is a brief practical plan from none other than the Business Experts.
First Rule - "If you fail to plan, you are planning to fail.” — Benjamin Franklin
Take advantage of an emerging market and carve out a spot for your brand. There is a proven sequence of steps you can follow to guarantee your success when you're starting a small business online. So, what are the steps that one needs to take up-
- Choose products / Identify or create products that solve a problem.
- Be selective of your Target Market
- Build your online store. Do dig into the concept of Hosting, Algorithms, SEO and most importantly PCI compliance.
- Get multiple payments gateways along with mandatory SSL certificates and fraud protection procedure.
- Plan your Shipping methods
- Last but not the least - Promote and Market your online store
Clarity of thought is the key to success. If you can manage to do just these 6 steps perfectly, you can save yourself from lot of clutter and confusion that takes up your time and makes you procrastinate. Now, if you are ready for more, you can do the following to leverage the maximum from your venture and take it to the next level-
- Watch out for Influencers, write blog, explore Social Media Carts
- Omni Channel Marketing is the key
- Live Chat is the best way to reach out for feedbacks or any query by the customer
- Reward with Loyalty programs for customers to retain
- Abandoned cart recovery feature is an innovate tool to win over customers quickly
- Mobile Responsiveness, Entertainment, frequent Promos, Use High Quality Image, regularly posting and social sharing is a big advantage and our favorite tip to the readers.