Ecommerce platforms have become a profitable venue for people with products to sell. You can sell a range of products through your own online store after getting started on an ecommerce solution in your budget. The key to building an online store with minimum investment is finding an ecommerce solution that is inexpensive. Have a look on the following steps to start an online store with minimal budget.
1. Set your Goal
The challenge is to launch a profitable ecommerce store with minimum investment. Your goal is to make sales, so don’t get obsessed over other details. Make sure you can launch your store as quickly as possible and focus on generating sales.
2. Focus on What you are going to Sell
Select the products to sell via your online store. Always go for products that are trending and have an increasing demand.You have to validate your product's potential with data, but don’t get stuck always looking for something better. To keep your startup costs low, you will need to produce or purchase products at low wholesale prices. However, you will also have to set retail prices that allow you to maximize your profit on each item.
3. Select an effective Ecommerce Solution
While selecting an ecommerce solution the first thing to keep in your mind is that, the popular ones you may find easily in the market may not be the one affordable for you. Compare all the companies that offer e-commerce solutions. Consider online store solutions which offer multivendor marketplace websites and mobile apps as well.
You will find solutions in various price ranges, allowing you to choose an inexpensive option that fits your budget. Select the one which provides different packages in an affordable budget as Shopygo offers you. With Shopygo you will find customized packages with minimum investment for starting online store.
4. Have a Trial run
Many ecommerce solutions provide a free trial for their prospects. You must utilize the opportunity well to have a look on how it goes. But trials do provide limited features. Register and sign up with a free trial from Shopygo to explore the features you get.
5. Launch your Store
What you really need is a simple medium with minimum budget to sell your products. A basic store from Shopygo serves your goal perfectly well. So, you only need to cover the essentials before adding products and finally making sales.
Some of the essentials to keep in mind before launching your Shopygo store is:
- Pick your store name
- Register for a free Shopygo account
With Shopygo, you can create your store in just a few clicks and all of the server setup and maintenance is taken care of for you. Go to Shopygo.com, click Get Started, enter your store name, details and click Sign Up.
- Choose your pricing plan
- Select a design you like
- Add your products or services
- Start selling your products anywhere
Learn the complete step by step tutorial for starting your online store here
Use free or low-cost marketing tactics to draw potential customers to your online store. Create website content that includes related keywords to help people find your store through the search engines. Purchase low cost online ads to direct visitors to your website, and barter with other website owners to have your ads or banners placed on their websites for free. Add your online store to free Internet shopping directories as well. In addition, using offline marketing methods may help you attract customers. Place low-cost newspaper ads that include your website address in public places and give a business card to everyone you meet. Thus, you will be able to keepgenerating leads for your online store with minimum budget.