Uyi Abraham CONTENT MANAGER 3 min read

Starting an ecommerce business website from scratch is the best way to learn and succeed as an entrepreneur. However, you may have to work extra hard than if you were to buy an existing ecommerce business.

With that in mind, here are three main steps you need to start an ecommerce business from scratch.

1. Product, Supplier, and Market Research

Product and Market

Market research is the first step to succeed online, and in any other business. Find a product that is in demand. The demand must be enough to make your ecommerce business commercially viable.

Supplier

If you aren’t manufacturing your product, then you need to find the right supplier. Ideally, you need a supplier who can meet your demands on short notice.

2. Branding and Business Registration

Brand

Once you have settled on a product and service, the next step is to create your ecommerce brand. You can opt to have a neutral but identifiable brand name. However, it should be unique and memorable.

You will need to do a name-search in the jurisdiction you want to register your business.

Tax Number

If the brand name is available, you can register it, get a tax number, and seek the services of a registered accountant. Remember, being tax compliant is as important as making a profit.

Accountant

Often, a business registration service can help you with ecommerce accounting, taxes, and payroll issues.

3. Online Presence

If you were setting up a retail store, this would be the time to look for a suitable location for your store. With an ecommerce store, any location can do for a physical business address.

Instead, what matters most when it comes to ecommerce, is your online store, website, sales funnel, and Email platform. The four help you to capture, interest, and convert leads into sales.

Online Store

You can connect an online store to the main website through a subdomain. That’s important to protect it from a traffic surge that can occur on the primary website.

It also makes it easy to secure it from hacking. Access to some of the online store’s features is available to registered users only. Overall, that gives you customers a great shopping experience.

Website

With a website, you can educate your potential customers, highlight offers, and capture leads. To do that, you need to publish quality content that is helpful to your audience.

A website helps you to create a community of loyal customers. A returning customer is often more valuable than a one-time customer.

Email Address

Most of your leads will be in the form of email addresses. Customers will submit them via your website or online store’s submission forms. Once you have them, you can use the email addresses to connect with customers periodically.

Sales Funnel

A sales funnel streamlines the lead capturing and nurturing process for you, making it possible to create a continuous stream of returning customers.

Briefly, that is how you start an ecommerce business from scratch.

 Build your online store and start enjoying all the features Vonza has to offer you. Start your free trial.

Uyi Abraham is an award-winning business coach, serial entrepreneur, strategist and a best-selling author. He has been educating people on business and success principles for over 20 years. He is the founder of Vonza.com – a SaaS company that makes it easy for entrepreneurs to start and grow a profitable online business. VONZA Founder/CEO

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3 Comments
  • Grace Manson

    Reply

    October 7, 2021 at 2:01 am

    Thanks for this information. Vonza platform has made my sales of shoes online easier. I now sell to a wider audience of people as far as I have a reliable logistics company to help me deliver the item.

  • Eric Dwane

    Reply

    October 7, 2021 at 2:03 am

    Thanks for sharing these useful information with us, I really do appreciate it

  • Jecinta Dave

    Reply

    October 7, 2021 at 2:09 am

    I have been planning to start my online business but i have been looking for the right platform to use, i will checkout Vonza platform.

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