How To Start An Internet Retail Business – There is no better time to convert or expand your physical store to an online store. But Abraham Lincoln advised you not to believe everything you read on the Internet, so we’re going to address some of the concerns you might have before starting your business online.
One piece of advice, don’t be. Your brick-and-mortar store may be doing well now, but to maintain momentum or expand in the future, you’ll need to make some changes. As technology becomes more pervasive, industries are notorious for weeding out players who don’t embrace trends and innovation.
How To Start An Internet Retail Business
E-commerce has created a niche for itself in retail. In 2007, e-retailing accounted for 5.1% of global retail sales and is expected to reach 14.1% in 2019 and 22% in 2023. By 2040, retail sales are expected to be almost fully occupied.
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With an estimated $3.5 trillion in revenue in 2019 and $6.5 trillion in 2022, it’s definitely time to take your brick-and-mortar store online and jump into e-commerce.
COVID-19 has had a devastating impact on all fronts, killing every aspect of life. But there is one sector that has strengthened in this period.
According to the May 2020 Adobe Digital Economy Index, e-commerce has generated $52 billion in additional online spending since the start of the pandemic. Total online spending in May increased by 77% compared to last year. Post-Covid-19 consumer behavior will rely heavily on e-commerce as people will be more comfortable staying at home and shopping online as social distancing will be maintained as much as possible.
Morning Consult April 2020 survey of 2,200 US to. Adults found that 54% of respondents are uncomfortable going to the mall in the next three months. It’s a common sentiment that brick-and-mortar businesses should take seriously. Now is the time to transition to e-commerce to de-risk your business, gain a competitive edge and remain sustainable in the long term.
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You can find many e-commerce tools, platforms and software online to help you get your retail business online, build an e-commerce website, manage, sell and grow your business.
For example, Shopify and BigCommerce have tools for building e-commerce websites. You can also integrate your eCommerce store with Mento for social media marketing. With MarketCube, you can open a multi-vendor marketplace in minutes and track your progress through Google Analytics. There is ZenDesk for better customer service, CrazyEgg for better understanding of visitor activity, Price2Spy for online price tracking and many other tools to perform all the functions you need.
Simply put, by improving your online presence, you can create a more agile, efficient and profitable business.
This is the stage where you ask yourself – can your industry protect itself from the Internet revolution? This means you need to ask yourself if your business is immune to the power of the internet and can thrive without any physical presence.
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Despite annual inflation and population growth, department store sales have fallen 35% over the past 16 years. E-commerce is disrupting traditional retail, and investing in an online business is critical to sustaining it.
This is because online retailing is in tune with consumer behavior, habits and preferences. Let’s see how customers are doing these days.
Now let’s see what e-commerce boxes – everything. For consumers looking for the best products and services without having to invest too much time, energy or resources or change their existing habits, online retail is being driven by the rapidly growing mobile commerce. All with one click of the mouse!
We hope you will make informed decisions about your retail business and explore the benefits of digital transformation with us. At Seccessive Technologies, we believe that technology-driven innovation can simplify, transform and expand business. We’re in the midst of an e-commerce renaissance, and our technology-driven solutions help you adapt and scale responsibly. Do you want to open your own online store? We know that setting up an online store can be a daunting idea if you’re not a techie.
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Well, you’re not alone. After helping hundreds of users set up their online store, we decided to release the most comprehensive guide (step by step) on how to set up your online store with WordPress.
Anyone with a computer can get started in minutes and without special skills.
You can set up your online store using WordPress in less than 30 minutes, and we’ll guide you through every step of the process.
Shopify is an eCommerce solution that starts at $29 per month (pay monthly or annually in advance for discounts). It’s a hassle-free solution to just sign up and start selling. The downside to Shopify is that it’s quite expensive, and if you’re paying extra, your payment options are limited.
How To Start An Online Store In 2022 (step By Step)
That’s why most users choose WordPress + WooCommerce because of its flexibility. It takes some setting up, but it pays off in the long run. WordPress is the most popular website builder and WooCommerce is the largest e-commerce platform in the world (see Shopify vs WooCommerce comparison).
In this tutorial, we will explain how to create an online store on WordPress using WooCommerce.
To set up your eCommerce store, you need a domain name, web hosting and an SSL certificate.
A domain name is the address of your website on the Internet. This is what users type into their browsers to access your website (eg google.com or ).
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Web hosting is where your e-commerce website lives on the internet. This is your website on the internet. Every website on the internet requires web hosting.
Bluehost, the official hosting provider for WordPress and WooCommerce, has agreed to provide our users with free domain names, free SSL certificates and discounted web hosting.
Bluehost is one of the oldest web hosting companies, founded in 1996 (that’s before Google). They are the biggest brand in WordPress hosting because they host millions of websites.
Note: We believe in transparency. If you sign up to Bluehost using our referral link, we get a small commission at no extra cost to you (in fact, you’ll save money and get a free domain). We will earn this commission by recommending almost any WordPress hosting company, but we only recommend products that we use and that we believe will add value to our readers.
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The first thing you need to do is click the green “Start Now” button to get started.
Finally, you need to add your account information and fill in your package information. On this screen, you will see the add-ons available for purchase.
Whether you buy them is up to you, but in general we don’t recommend them. You can always add them later if you decide you need them.
Once you’re done, you’ll receive an email with details on how to access your web hosting control panel (cPanel). Here you manage everything from support and email.
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Once you login to CPanel, Bluehost will notice that WordPress is already installed for you, just click the “Login to WordPress” button.
All you have to do is click on the “Login to WordPress” button and it will take you to the dashboard of your WordPress site. This is what it looks like:
After you log into your WordPress website for the first time, Bluehost can offer you help setting up your website.
Go ahead and click on the “I don’t need help” link. Don’t worry, we will take all the necessary steps for you.
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You can use your store name as your website title and give a catchy description of your business. The description section is optional, so don’t worry if you can’t bring something right away.
Your WordPress hosting package comes with a free SSL certificate. This certificate is pre-installed on your domain name. However, your WordPress site must be configured to load as https versus http.
To use https instead of http on the Settings » General page, you need to change your WordPress address and site address.
To save your settings, remember to scroll to the bottom of the page and click the “Save Changes” button.
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WooCommerce is the best online store builder on the market. It’s built on WordPress and gives you the flexibility of WordPress and the freedom to sell any type of product you want.
First, you need to install and activate the WooCommerce plugin. For more information, see our step-by-step guide on how to install WordPress plugins.
Just go to “Plugins” and look for “Add New Page” and WooCommerce. Click the Install button right next to the WooCommerce listing in the search results.
WordPress will now import and install the WooCommerce plugin. Wait for the plugin to finish downloading and click on it
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