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STEP BY STEP PROCESS TO BUILD AN OFFSHORE ECOMMERCE BUSINESS

Internet is becoming increasingly popular each day and will continue to do so. The longer it is around and the more mature it gets the more comfortable, consumers are becoming with online shopping. This is the reason why more number of people are quitting their regular jobs and starting an e – commerce business on the internet. With very small or no investment required, any body can start an internet business.

If you are thinking that this will be easy and fun to do, you are absolutely mistaken. A great deal of determination, motivation and self belief is required to pull of a project like this. Given below are a few steps to start your online business-

  1. Decide the product – It is the dream of every start-up website to become the next Amazon.com, but that is not a very realistic goal. You need to develop a few products which people will be interested in buying. For example, if you are excellent at pottery, then put up some great looking vases on sale.

It is always easy to sell soft goods like digital art, e-Books and MP3 files on the internet because the entire transaction is automated and will be completed while you are sleeping.

  1. Study the competition – Unless you have invented a new product, you will definitely have a few competitors. Study all the aspects of their business like customer service, prices, products and websites.

Find out what each on your competitors is doing right and wrong. Note down all these points and design a good model for your business.

  1. Develop a Website – This was the stop point for several individuals as hosting was an expensive affair earlier on. Designing a good web site was even more costly. But, now well – designed templates are available at very low prices on the internet. You can even get templates for free. The hosting costs have reduced drastically over the last decade, which any individual can afford to build a site for him self.

The website design itself, is extremely important. You need to have a nice and clean layout that can be navigated easily. This will avoid customers from leaving your website due to frustration and confusion.

  1. Online Merchant – Sign up with an online merchant. They will carry out the complete check out process and send your alerts when a sale happens at your site. If you’re selling soft goods, then it will automatically be emailed to the customer upon receiving of the payment.

These online merchants generally charge a small fee which is a percentage of the total sales every month.

  1. Attract Customers – Once your ecommerce website is set up and ready to go, you need to attract customers. There are several methods to perform this.

You can take advantage of the popular social web sites or you can advertise on popular sites which get several clicks.

Offline marketing of your web site will also help to a certain extent. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.