How to Start an E-Commerce Business in 2023: A Step-by-Step Guide - NerdWallet
www.nerdwallet.com/article/small-business/how-to-start-an-ecommerce-business
2 Users
0 Comments
11 Highlights
0 Notes
Tags
Top Highlights
Tips for starting an e-commerce business
1. Start simple
If you’re not certain e-commerce is the right path for you, set up an online store with low overhead first. This may mean starting with the free version of an e-commerce website builder, ordering a small amount of inventory or selling only one or two types of products.
As your business starts to get traction, you can trade up to a more robust e-commerce platform and expand your product line.
2. Cultivate a loyal customer base
3. Invest in multichannel selling
Loyal customers may be willing to visit your website frequently. But to reach new ones, you might have to meet them where they are — which might be on Amazon, Instagram, TikTok or elsewhere.
. Start with the platforms where your customers are most likely to be, launch those integrations and then see how they perform. You can add platforms later if they fit into your business strategy.
Remember that selling in person is a channel, too. Craft fairs, local shops and industry or trade events may help you connect with new customers while generating some revenue.
can feel overwhelming
transition
Ready to highlight and find good content?
Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.