In this modern era, Online business get more popular than traditional business. Product sale in online is best way to generate more sales for business. If you want to sell product in online but don’t know where to begin. Follow below the steps:
#1. Work out cost structure and Analyse profit possibility
before sell a product on online estimate the net margins of that particular product and allot extra costa like shipping, packaging and payment gateway costs. Always try to be get profitable at per product level unless you have millions to spend like amazon, Myntra, snap-deal and Flipkart.
#2. Construct your digital catalog
Take an excel file and start preparing your digital catalog. Each row should contain one product or an stock keeping unit as most call it. The columns would be used to describe the SKU like Sku code, name, Description, category, MRP, color, Brand etc. take 3-5 photographs of your products from different angles with a clear and mostly prefer white background.
#3.Create your business domain
If you want to build your own web site , you must purchase a domain name. This is the name you enter in your browser window. Example:www.amazon.com.
#4. Build your online store
Select an ecommerce theme or a custom design that works with your brand. Setup product categories and upload your inventory with as much information as you can. Set up shipping methods and payment gateways.
#5. Packing process
You need to have pre-ordered cartons, tapes and other packaging material ready at hand to begin packing orders before shipping them to your online customers. If you sell on marketplace, quite often you will be provided with the marketplace specific packaging and branding material.
#6. Backside contracts:
A software like prima seller which will help you manage your products on your website as well as marketplaces where you don’t need to constantly login and update as well as bill and manage your offline store would make it possible for you to scale without worrying about the process and afterwards business braking down.
#7. Contract with shippers
Shippers contact like Bluedart, Gojavas, Delivery , Fedex, etc. to prepare price agreements beforehand so that you do not get held up due to formalities when the orders start tictac in. Make sure you optimise between air and tread shipping depending on the nature of products you sell and customer expectations.
#8. Try slow and steady – going
List only few SKU’s to avoid hundreds of orders. Instead, add 5-10 products, test your platforms and service partners – their reliability and whether you can make money on an individual product level before you try to scale.
Once you fume you have chapped the model, you need to hit the accelerator. Start learning skills like SEO improve on your product content and search ability and focus on operational work efficiency to be a long sustainable and fast growing business.
Need any help?
Our firm can help you to sale product in online by advertising and promotion. if you need more information or any professional advise.
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Phone: +91 958-740-6557 (India)
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