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How to Bootstrap your Ecommerce Venture?

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Ecommerce Business

If you have reached at point in your life where you no longer want to be an employee and think about being your own boss and run a company then it’s time you should start working on your startup.

Starting your own business is never easy and that too with limited resources is very challenging but equally thrilling and totally worth it! However, before getting yourself into entrepreneur mode you might want to do a bit of preparation to ensure your efforts are in the right direction. You can utilize these pointers to check if you are on the right track to success:

Draft a Business Plan

Having a Business Plan is the pre-requisite for any business. Not that business cannot be done without it but to ensure that you have a proper direction you need to have a clear path set in front of you, which would also help you track your success.

Since, you have thought about doing this you must have some or the other idea in mind which you truly believe and want to take forward. Research about the product, find out the gap in the market or if you have already done that and have a unique product then prepare your plan based on it.

Locate Vendors

Once you are done with your product planning you need to find out vendors which you would be targeting and who would initially provide you all the necessary raw materials and inventory for your final product.

Get Finance

Now business can function without capital. And you would also need finance to take your project ahead. You can either use crowdfunding it you have a novel product or seek finance from venture capitalists or angel investors who have interest in your product. Remember here your Business plan would play a jey role in securing funding.

Get a Great Website

When it comes to eCommerce, you need to make sure you have a great website which is user-friendly as well as search engine friendly. You can either use a CMS or you can get a custom design for your website which focuses on your products. One important thing to remember here is that a website is only as good as the web hosting services it relies on. If your website does not load quickly or it keeps going down then you need to switch to a better web host.

A good website must load fast, must handle multiple requests and should be easily accessible all the time. Therefore, the hosting provider you choose can greatly influence your start up.

Promote you business

In a digital world you need to promote your business using digital mediums. Having a well optimized website from SEO perspective and marketing it effectively on internet would matter a lot.

You can use social networking website likes facebook, twitter, G+ and pinterest to promote your website and engage the users with interesting content and updates.  Simply promoting your website may not give you the desired results in the expected time and at times you should also spend on advertising campaigns on social networks and Google Adwords to give your efforts a boost and reach out to a wider number of prospects. Additionally you can also run a SEO campaign to boost your rankings in search engines which would give your website organic traffic for long term.

If you do all the things right then with time your business would see good response and your sales would increase.

Ultimately, running a business involves full commitment and if you are dedicated to it then your business would grow with time and success would come to you!

We at MilesWeb have carefully drafted the eCommerce hosting packages to ensure that they have ample resources and features for the smooth functioning of your online store.

All the best with your venture!

One thought on “How to Bootstrap your Ecommerce Venture?

  • September 1, 2016 at 10:58 am
    Permalink

    Starting online business needs a lot of research. Choosing right steps in E commerce business brings good amount of sales. It is very important to boost your business on E commerce. It will gives various ways to promote.

    Reply

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