How To Start A Profitable E-Commerce Store
How To Start A Profitable E-Commerce Store
In this powerful article we will show you how to start your profitable e-commerce store today with these detailed steps. People pay thousands of dollars for this information on how to start a profitable e-commerce store.
Small Businesses are the foundation to America’s economy and starting an e-commerce store is one of the best business choices of the new decade. Since Covid-19 lock downs more people have been ordering products and services online like never before.
We live in a world where jobs are scarce, and the skill level required for getting a high paying job is higher than it’s ever been in US history. The price of living is sky rocketing in the big cities, but the wages for your average job are not matching the price of living.
Right now is the best time to start a eCommerce store in “America”… “Primal Titans”
The reality is you’ve been thinking about starting a powerful online business for a while now. So, stop procrastinating and start your business today. It’s no secret that many people accumulated mass wealth through creating an online business.
The Internet is booming, and there are plenty of low-cost commercial spaces available for lease since the 2008 crash. But these days you don’t even need a brick and mortar space for your business. You can create a virtual office and work from home or anywhere around the world with laptop computer.
These days you can offer products and/or services via the “Internet” and even work from home. You can start your business full time, or part time while you work a 9-5. But before you can run a profitable e-commerce business, you will need to follow these powerful basic steps to get started “Today”.
We did all the necessary research for you to start your profitable online business “Today”!
Disclosure: Some of these links listed on this site are affiliate links from our sponsors and partners. We may receive a small compensation for the recommendation.
Step 1 – You must decide on what type of online business you want to start:
There are plenty of businesses you can choose from such as selling cars, designer clothes, tech products, or selling auto parts.
If you don’t want to start a brick and mortar business at this time. You can start a profitable online blog business, or start an online e-commerce business selling products/services via the internet.
The best way to decide on what type of business to start is to find a solution to people’s problem and align it with your personality. Thus, When you love what you do, you’ll naturally find ways to monetize it. We would advise you to start off with a business plan or at least writing your ideas down on paper before starting an online business. That way you can have a clear roadmap on where you want to go with your business.
Step 2) Decide on your “Business Formation” set up:
The business structure you choose will have legal and tax implications. Learn about the different types of business structures and find the one best suited for your business. Below are the different types of business structures you can choose from:
Sole Proprietor: A sole proprietorship is the most basic type of business to set up. You alone own the company and are responsible for its assets and liabilities. Not recommended if you want to protect your business and personal assets.
L.L.C(Limited Liability Company): An LLC is designed to provide the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership. Recommended for “Small Businesses”.
Incorporation(C-Corp): A corporation is more complex and generally suggested for larger, established companies with multiple employees.
General Partnership: There are several different types of partnerships, which depend on the nature of the arrangement and partner responsibility for the business.
The business structure you choose depends on what type of business you’re starting, and how large you want your business to grow. Most people incorporate their businesses to protect “Personal Assets”.
Apply for your EIN:
An Employer Identification Number “EIN” is also known as a “Federal Tax Identification Number”, and is used to identify a business entity. An EIN is your business “Social Security” number. You can even build corporate credit with this number to apply for Business Credit Cards, Purchase Cars, Real Estate, Businesses and much more.
You will need to get an EIN, if you plan to hire employees or plan to form a partnership, LLC, or corporation.
Your business formation set up will cost you a small fee, but at the end of the day, its well worth it. This is a very important step when starting your business. When you set up your business formation at corpnet.com they can obtain an EIN number for you. Click on this link to Incorporate for the Exclusive: New Corporation or LLC.
Once you decided on your business formation, then follow these next basic steps below…
Step 3) You will need to obtain adequate funding for your business:
Starting a small business doesn’t have to require a lot of money, but it will involve some initial investment.
You can use your own money to start a business, or you can get funding from commercial business funding companies, personal loan, angel investors, credit cards, banks, credit unions, family, friends and much more…
When a small business requests a loan, one of the first things a lender looks at is your personal credit and business credit history. So, before you even start the process of preparing a loan request, you will want to make sure you check your personal credit score to verify that your credit is good, and up to date. You can find out your credit score by running a personal credit check with Credit Saint.
If you have average to bad credit, then you should contact Credit Saint – Immediately so they can help remove unwanted credit problems, and help bring your credit score up.Credit Saint are trusted reps that specializes in credit repair. Business Funding Basic Steps:
Now, don’t get discouraged about funding your business, you can always use your own money to start your business. There are lot’s of low-cost businesses you can start(Especially Online) today. But the goal is to at least get started today, and set up a strong business foundation with these powerful basic steps. Next you must…
Step 4) Decide on your business name, and create a powerful business “Logo”:
You must make sure your business name stands out, and is associated with your products or services. It will be beneficial to make sure nobody else is using your business name already. Choosing the wrong business name can affect potential growth and profit.
You can go to Fiverr.com and get your custom logo done at a very low price. Fiverr.com can design your logo for your business. You can also create your business cards and marketing products with a custom logo from “Fiverr”…Next you will have to follow these next basic steps below……
Step 5) Decide if your going to work from home, or lease a commercial space:
Many people these days start their businesses from home to cut cost, and for convenience. But if you’re selling products and/or services that relies mostly on walk in traffic. Then you might want to think about leasing a commercial space.
You can talk to your local real estate agent/broker, google commercial space websites, and/or drive around your city to look for empty available commercial spaces that’s up for lease.
The phone number to the owner, broker, or management company for the space is usually on the front door or window.
You can also save tons of money by choosing to go the virtual office route. For more information about virtual commercial space you can check out Davinci Virtual Office Spaces.
Davincivirtual.com can help you set up your very own virtual office and much more at a low cost. Once you decided on your office space, then you must…
Step 6 – Set up your business phone/fax line:
You will want to get an 888, 877, 866, or 800 business phone number to look professional to your potential clients/customers. You can contact your local phone company, and set up a business line, or you can google business phone companies on the internet that offers business phone/fax services. But for your convenience Sonetel Virtual Phone Systems is a good place to start.
The good news is Virtual Business Phone System can help you with setting up your business phone line and fax number. Next you will have to……
Step 7 – Obtain the necessary permits and licenses to operate your business:
This step will depend on the type of business you plan on launching. You can go to your local city finance department to obtain a business license and sellers permit or you can do it online by visiting corpnet.com.
The licenses and permits you need from the state, county, or city will depend on your business activities and business location. Your business license fees will also vary.
Failure to obtain or renew the correct business licenses and permits can result in fines, notices, and forced closure of your business. Once you obtained the necessary permits and licenses, then you must follow these next basic steps…
Step 8 – Set up a business bank account:
You will need a business bank account to start doing business transactions. It will be best to go through the first 7 steps before opening a business bank account. You can go to your local bank, or credit union to set up a business bank account.
A business bank account can be opened using your business name and EIN number. It will be very important to only use this bank account for all business-related deposits, withdrawals, and transactions.
Most banks will need you to have your business paperwork set up first, an initial cash deposit, and proper identification to open a business account.
You can go to chase.com to open your business bank account. Once your business bank account is opened, then you must follow this last basic step…
Step 9 – Set up your domain name, choose a hosting service, and create your business website:
To me a website is one of the most important tools you will need to become a profitable trustworthy business. A business without a website is like car with no engine. When creating your website and setting up your domain name, you will need a solid reliable company that will host your website.
After you choose a company that will host your website. You can choose to build your website from scratch yourself, create a website with ready-made templates, or you can hire a professional web designer/developer to create your website for a fee.
Choosing the right domain name and hosting service will be very important to your business web presence. Your domain name should be simple, obvious, and as short as possible.
We highly recommend going with web hosting service to set up your domain name, and host your website. They’re one of the best hosting sites in the industry. They can also assist you with starting your website from scratch.
You can search for a new domain name with Bluehost below:
Create and send modern, professional powerful email newsletters to your audience with Aweber’s email marketing tools. When it’s time to set up a lead email campaign for your current or future e-commerce website go to:(Click On Pic Below)
Once these basic steps above are fully completed, then you will be ready to launch your business to the public. Come back to our website daily for more business tips, leadership advice, business mogul profiles, etc.
Bonus Material: “How To Start & Monetize Your E-Commerce Store Today”
How To Start & Monetize Your E-commerce Store Today
Before starting a e-commerce store you must figure out your target audience, and then create content and products that caters to that audience. The more unique, innovative and creative your content products are, the easier it will be to build a strong cult like following. Blogging is a powerful tool to get your content out there and potentially make money while doing it.
We recommend that you should start a e-commerce store to share your special gifts to the world, not just to make money. “Primal Titans”
The reality is you may not make any money for the first 3-6 months, but once you drive the necessary traffic to your e-commerce site. You can start making lots of money by knowing your target audience. Remember selling the right products is always “King” when it comes to running a profitable e-commerce store.
The more quality products you sell the better your e-commerce store will rank in the search engines(Google, Bing, Yahoo). Which can eventually attract quality organic web traffic to your online store…”Primal Titans”
But for now in this article we will show you the basic steps to starting your powerful e-commerce store today. The good news is that it doesn’t cost much money to create a powerful “E-commerce Store”. Also you do not need to be a professional web developer to build one.
Follow these steps thoroughly and you can have your store up and running within a few days. Here are the step by step instructions to start your powerful e-commerce store today:
Set Up Your Domain Name & Sign Up With A Reputable Hosting Partner.
When creating your domain name you must make sure its easy to spell. Try to make sure your domain name matches the name of your e-commerce store. Every online store must have a domain name to be recognized by the search engines, the world-wide web, and your potential customers.
Basically, an e-commerce store can’t exist without a domain name attached to it. It will be very important to choose a powerful domain name that matches with your niche content and target audience. Also, you will need to choose a hosting partner for your site.
We highly recommend going with “Blue Host Web Hosting” service to set up your domain name, and host your website. They’re one of the best hosting sites in the industry, and will only cost around $3.95 per month to get started.
Blue Host can also assist you with created your blog site by giving you easy to understand step by step instructions. Choosing a great hosting service is crucial to your blogs success.
Choose A Blogging Platform & Powerful Theme:
We recommend building your e-commerce store with the Alidropship.com platform. Ali Dropship is a powerful e-commerce platform that will assist you into creating, and operating a successful e-commerce website.
They aspire to do their best in order to create and enhance solutions that make it possible for everyone to start, manage and grow their very own drop-shipping e-commerce business.
Alidropship.com offers specialize premium themes that will fit your vision and ideas that you can purchase for a great price. You can create your powerful e-commerce store within their existing themes, or they can assist you in creating your very own e-commerce store from scratch. It’s a very simple process once you get started.
Once you sign up with Alidropship.com they can help you get started with setting up your e-commerce store on the “AliDropship Platform”. When your finished setting up your online store on the Ali Dropshipping platform make sure you finish this next step below:Set Up Your E-commerce Social Media Pages:
It will be very important to set up pages with Facebook, Twitter, Google Plus, Instagram, Tumblr, etc. Social Media will be your online stores largest business partner, and a very important traffic source.
When you post products in your e-commerce store, you can share your products on these social media pages to drive organic traffic to your site. You will need to set up these pages under your e-commerce stores name.
Therefore you must make sure all of your social media pages matches the name of your online store, and domain name. Matching your stores name with your social media pages will be very important to get ranked first in the search engines.
It’s a very simple process to set up pages on these social media sites. Just go to each social media site and follow the instructions to set up your professional page.Start Posting Powerful Content On Your Blog Site:
Once you choose a theme through Alidropship.com, you can start creating content immediately. Writing powerful content is “King” when it comes to driving organic traffic to your blog. It will be good to create content for your readers at least once a week. Make sure you write content relating to your niche and target audience.
Writing powerful content on your blog will keep the readers interested, and will help rank your post on the search engines such as google, yahoo, etc.
Your main goal as a blogger is to make sure your post shows up on the first and second pages of google, yahoo, etc. Organic traffic is very important when it comes to monetizing your blog and building a strong following.
When reading content people tend to pay attention to grammar, spelling and how the story is told. So a great product to start with to keep your content on top is grammarly.
Set Up Powerful Videos To Drive Traffic To Your Blog:
YouTube is a very powerful tool to drive organic traffic to your e-commerce site. You can create videos about various topics relating to your target audience. All you need is a professional video camera or you can go to our Tech Products, & Accessories page and purchase an HD Pro Webcam for your computer.
Once you have all the tools you need, you can start recording videos to upload on the YouTube platform. You can also monetize your YouTube videos to make some extra money. For more information about monetizing your videos, sign up with YouTube today and start your channel for free.
There are many other ways you can start monetizing your e-commerce site such as being an affiliate marketer, selling banner ads, etc. Those steps will be included in future articles. When done right, your e-commerce store can potentially make you lots of money. But it will not happen overnight, nor without hard work, passion, and dedication. And always remember quality products and service is “King”
When you finished setting up your e-commerce website, it will be best to use Aweber for your email campaigns to attract leads and build a strong database. And use SemRush for all of your SEO(Search Engine Optimization) needs to rank highly on “Google”.
You can create and send modern, professional powerful email newsletters to your audience with Aweber’s email marketing tools. When it’s time to set up a lead email campaign for your current or future online site go to: (Click On Pic Below):
Once you start your powerful business today, you can purchase business office furniture, and office tech products for your business at www.flashyculture.com