How can I start an E-commerce business?

[Genie011]

Creating an e-commerce platform is not as easy as it seems because it requires a lot of expertise and you must be able to manage the business well if you are going to sell things online.

You ate right, but I think if you have money you can take good care of it,what do you think? Even if you don't know how to go about it you can find someone who is experienced and pay him to help you out.

 

[eLdavis]

Though i do not really know much about this field, but what i believe the first thing you need to do is first decide on what you want to sell, then select an e-commerce site or platform you want to make use of such amazon or ebay and the likes.

 

[Yohanna]

The e-commerce business is a big business and I can try out in order to make money for myself but I just have to understand the intricacies of such business in order to make more money.

 

[Syldan]

Well starting an e commerce business, depends on your knowledge and your willingness to start coupled with the availability of capital.

It's always advisable, you don't have to start any business, when you don't know what it takes.

 

[Yohanna]

An e-commerce business require you to make good income because it is one of the best ways you can make good amount of money while working online.

 

[Agbalagbaa]

An e-commerce business require you to make good income because it is one of the best ways you can make good amount of money while working online.

It would require capital , but the most important thing to acquire is knowledge of how e-commerce operates and you could start by studying successful people.

 

[Potuse]

It would require capital , but the most important thing to acquire is knowledge of how e-commerce operates and you could start by studying successful people.

Starting up an e-commerce business is capital intensive because you will need a huge amount of capital to run this type of enterprise if you're really serious about it.

 

[Agbalagbaa]

Starting up an e-commerce business is capital intensive because you will need a huge amount of capital to run this type of enterprise if you're really serious about it.

This is true, but I think the challenge is being reduced by the emergence of foundations and other firms that offers entrepreneurs capital. You could borrow money from the bank too.

 

[Syldan]

There are some criteria that are required for someone to start such business.

The first thing, is your business plan, budgeting and the availability of capital which can help you to know when and how to make your investment.

 

[Potuse]

This is true, but I think the challenge is being reduced by the emergence of foundations and other firms that offers entrepreneurs capital. You could borrow money from the bank too.

If you have intentions of taking loan from the bank, you had better look for ways at which you are going to pay back because a new business may not necessarily be able to pay back the loans conveniently.

 

[Kennysplash]

There are many courses and videos online that can teach you all you need to know about e-commerce. So you should take the time to learn the first before you venture into it.

 

[Agbalagbaa]

If you have intentions of taking loan from the bank, you had better look for ways at which you are going to pay back because a new business may not necessarily be able to pay back the loans conveniently.

That is why banks do critically look for collateral incase things goes haywire.
Sometimes it is good to take such calculated risks . You wouldn't know the outcome until you try.

 

[Potuse]

That is why banks do critically look for collateral incase things goes haywire.
Sometimes it is good to take such calculated risks . You wouldn't know the outcome until you try.

I wouldn't advise someone to take loan to establish an e-commerce except if he already established the business and needs additional capital to make it run smoothly.

 

[Syldan]

Actually there are several ways to start a e commerce business even though it all success, depends on your knowledge about the business.

You don't expect to be successful when you know you have little or no knowledge about a business.

 

[Laurentta]

One can start an E-commerce business by researching and validating one's business ideas so one would know what's likely to sell, sourcing products from reliable suppliers, choosing selling channels to connect products with shoppers.

 

[Chibson]

Creating an e-commerce platform is not as easy as it seems because it requires a lot of expertise and you must be able to manage the business well if you are going to sell things online.

Creating an e-commerce store is not really hard in my own opinion if you are interested in going into it.. Where the problem lies most of the time is attracting traffic to your store to make sales.