E-commerce continues to break records year after year. The last quarter of 2013 more than 2,000 million Euros were charged, and this business continues to grow. For this reason a good way to make money online is with an online store.
During the past year, the average purchase on Internet was nearly 66 €, and the defendant sector was the travel agency.
These data demonstrate that you can make money online with an online store, earning income 24 hours a day, 7 days a week.
My opinion is that any natural company should have an online store, but there are several factors to keep in mind when riding our online shop.
Make Money Online By Running a Store
Factors to consider when installing an online store.
Niche market.
The choice of the niche market that we choose to focus our online business is essential. It is advisable to focus on a specific product and do not create a generic store with many products.
Having a product that we’re get specialized differentiate from our competitors, and focus on customers who are actually looking for what we offer in our online shop.
List of suppliers.
The selection of suppliers is vital to our business. We will set the amount that we can start to invest, as the structure will establish in the operation of the store.
It is always advisable to have our initial capital investment, since, in this way get better prices from our suppliers when making a large purchase.
Avoid performing minor purchases; our profit margins will be lower.
A technique to earn money online is by using the Dropshipping, through which, we have to make an initial investment to get stock of our product. With Dropshipping just have to take care of marketing our product, and when the customer buys us, the supplier will send the product purchased directly address our customer. It can be said that in this way act as intermediaries.
Truck company.
We need to choose the agency will use to ship our product to customer. We will have to consider points like price, goods insurance, delivery, the method to be used in case of returns, etc. occur.
Design online store.
Designing a website is very important because it can lose customers by improper design. Invests you need to create a proper shop with a purchase process as simple for the customer.
Payments to offer.
Give all possible payment options for your customers. You can get a virtual POS in your bank, as well as offering the option of paying with Paypal, the safest way to shop online.
Customer.
The professionalism of the customer service in your online store should be noted for their brilliance, as in a store where the customer only sees the screen of your computer, this should feel enough confidence to make a purchase. You must be able to solve any problems that may arise during the customer buying process.
Create a professional team.
You may at first not be able to hire anyone, but when the business grow, hire adequate staff, which can delegate specific tasks such as website maintenance, customer care, contact with suppliers, controlling stock, etc.
To publicize your online store, you must design a marketing strategy to advertise online with our business. According to the investment you make in terms of advertising revenue will come sooner or later.
Invest in Google Adwords, an advertising system very useful for us to know. It is also advisable to use social media to build loyalty to our customers. Everyone has at least one profile on social network, so it is advisable to hire the services of a Community Manager to create a community around our business customers.
20 ideas to make money online
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