How to Start Your Online Business?
With the threat of the coronavirus looming on us, social distancing has become the new norm. This is why fewer options are available to station a business these days, urging us to come up with alternatives to expand business reach and enhance your revenue. Moreover, the impact of COVID-19 will be seen long after the threat of pandemic comes to an end.
So, what can you do to ensure you remain in the business?
You can opt for online platforms such as Amazon and Flipkart.
In fact, several SME and MSME businesses have already started building their online presence.
As a leading name in eCommerce marketplace management services, we have put together this guide to help you start your online business and understand the essentials of marketplace brand building. Read on to learn what you should do and make an informed decision accordingly.
Planning Your Online Business Strategy
This is the right time to plan your online strategy and take the necessary steps so you can take advantage of first-mover. Here are a few questions you need to ask yourself before starting an online business or shifting from the offline to online platform:
What are my competitors doing?
What are the options do I currently have to take my business online?
How much investment will I require?
How do I market my products online?
Can I use Amazon, Flipkart, or any other online platform?
What types of resources will I need to go online?
What type of manpower is required to run my online business smoothly?
Should I outsource some of the online business work?
Figuring out the answers to these questions will help you streamline things and determine the course of action for online marketplace brand building.
Now, let’s discuss in detail about these questions.
Steps to Build Your Online Business
Investment
To establish an online business, website designing and development cost and SEO expenses are the major expenditure will incur. You can get in touch with reputable companies that meet your needs, ask them for proposals, and choose the one that fits your budget. In addition to this, listed below are a few other expenses that you should consider:
For selling your products on Amazon, you have to pay some charges like Amazon listing fees.
If you want to use fulfillment by Amazon service for delivery, they charge may FBA fees.
If you want to run Amazon sponsored ads, you will have to pay an additional amount. You may decide the budget for your ads as per your needs.
You can get the details of the fees for Amazon services from Amazon Seller Central Panel.
Business Set-Up
Once you have your investment ready, you need a proper set-up to take your business online. You will need a well-designed website and register your domain name. Hiring professionals, including a developer and designer, can help you with website designing and development.
In addition to this, you will need a helper to add relevant data on your website as per your needs and set up reliable payment gateways for enabling online payments.
Product Listing & Cataloging
Meanwhile, if you want to tap into the online market, listing your products on platforms such as Amazon and Flipkart is a wise decision. All you need to do is get your online Flipkart or Amazon seller registration to register your business and start selling your products. Since there are thousands of people already making purchases on these online marketplaces, you can take advantage of the existing users. One way to do this is to run advertisements on Amazon or Flipkart to enhance your product visibility, generate maximum traffic on your products, and boost your online sales.
It helps to know that hiring professionals for eCommerce marketplace management services can help you deal with the competition on such online platforms. This can help you save time, get quick sales, and enhance your revenue. Also, working with a reputable Amazon PPC agency can help you achieve this.
SEO for Online Business
When it comes to marketplace brand building and eCommerce marketing services, SEO is an essential aspect that you need to consider. Hiring experts, particularly those offering Flipkart and Amazon SEO services, can help. They know about Amazon product listing, Amazon product listing optimization, Amazon PPC campaign management, and more.
Social Media Account
Nowadays, social presence is significant for marketplace brand building. This is why you need to have active social media accounts such as a Facebook page, an Instagram handle, Twitter and LinkedIn profiles, and more. Hiring experts who have expertise in social media management can help you get the desired results.
Also, to bring relevant traffic to your website, you will need digital marketing professionals who have the expertise and experience to generate organic website traffic.
Manpower & Outsourcing
When it comes to labour and outsourcing your work, it depends on your existing team. You can either help you learn everything about online marketing and marketplace brand building or hire professionals offering eCommerce marketplace management services.
Hire Us to Establish Your Online Business in Amazon & Flipkart
With over 13 years years of experience in the industry, we are the right choice when it comes to eCommerce marketing services! We have the expertise and resources to provide quick and reliable eCommerce marketplace management services, including Amazon seller registration assistance, product listing and cataloging, Amazon SEO and PPC campaign management, and more.
If you have any questions, you can call us at +91 9909513312 or drop us an email at contact@yourseller.in. For more details, you can also connect with us on Instagram or Twitter. We’ll be more than happy to help you establish your online business!
