Make money by starting your own online store

According to a report in 2022, e-commerce sales will account for 21% of all retail sales worldwide. It is predicted that it will reach up to 24.5% by 2025. With the rise of technological demand that makes human life more comfortable, ecommerce sales continue to rise. If you also want to start your own online store, then you can start by following the steps and you can make a good amount of money.

This article will walk you through the process of creating an e-commerce store step-by-step.

Step 1:

First of all, decide your e-commerce niche:-

Before you create an e-commerce website, you must decide what you will sell and to whom. In other words, you must choose your e-commerce specialty.

According to e-commerce expert Steve Chou, choosing a specialty is "probably the most important step in the entire process."

As a result, you may save money on marketing and advertising, limit your competition, and swiftly instil brand loyalty, among other benefits.

Step 2:

Purchase a domain for your website:-

Following your specialty pick, the next step is to obtain and register a domain name.

There are hundreds of domain registrar websites such as Domain.com, Namecheap, HostGator, and Bluehost that are among the most cost-effective and secure hosting providers.

Before making your purchase, choose a name that is short, distinctive, and easy to remember and spell. It should also provide some information about what your store sells.

After you’ve settled on a name, you may easily register it. Simply go to a domain registrar, look for the name you want, pick the registration duration, and enter your payment information.

Step 3:

Now it’s time to choose your platform:-

Many platforms can let you launch an online business without having to build it from the scratch. Two of the most popular choices are Shopify and WooCommerce.

When you compare Shopify and WooCommerce, you’ll see that they approach establishing and running an online business in quite different ways.

Shopify is a hosted ecommerce solution, which means you’ll pay a monthly fee for hosting as well as ecommerce tools and services.

WooCommerce, on the other hand, is a free WordPress plugin that lets you quickly create an online store. While the WooCommerce plugin is free to download, site hosting must be purchased separately.

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