How To Start A Small Business Online-Sell On Amazon

How to Start a Gift Shop Online [6 Easy Steps]

How to Start a Gift Shop Online [6 Easy Steps]

Recently when you received a gift, didn’t it bring a smile on your face? Or when you sent a gift to a person, isn’t the response warm from the recipient? It is a fact that irrespective of what age a person is, gifts make everyone happy. People just love to get pampered and gifts just serve the purpose correctly. Within a decade’s span, the gift industry has grown considerably and keeps growing constantly.

If you ever wanted to be your own boss and start your online business, a gift shop on the internet can just be your gateway to glory!

With A Huge Band Of Consumers Looking For Gifts Online, An Online Gift Shop Could Just Become A Success If Planned And Maintained Properly. Some Tips To Keep In Mind Are Listed Below-
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Market Research

Demography Analysis

Before you start off a gift shop, it is essential to understand the consumer base that will be catered to by your business. The buying pattern along with the economic capabilities of the population will help you to understand what kind of product will attract people into your online shop. It is advised to have as many people as possible in your survey so that proper demographic research is done.

Selecting The Niche

As an entrepreneur, you should understand that people who are visiting an online gift shop are in search of something unique that is not available in the retail or discount stores in the market. It is essential to find out the void in the market and then cater to it, this will ensure that your business has a unique collection and offers that is unbeatable. Driving traffic into your business in this way is easier. Some niche ideas are listed below-

  • Novelty items
  • Souvenirs
  • Seasonal gifts
  • Personalized gifts
  • Handmade greetings card

How to Start a Small Business Perfectly:

-Competitive Analysis

The market is crowded when it comes to gift shops and hence the competition is huge. Retail stores, online stores and e-commerce giants such as Flip kart, Amazon and eBay too pose a great competition in the domain. For a budding entrepreneur it is essential to make a list of the top companies in the industry and then understand the best features of each of the businesses. The plan should be to learn from them and implement the same idea with a tinge of creativity and innovation.

Start From The Scratch Or Become A Seller On Amazon

If you find that the entire process of starting your own gift shop online is tacky then there are ways how your product can reach out to the people in the market. E-Commerce giants such as Flip kart or Amazon have an option where you can join them as a seller. After you join as a seller, the products from you will be up live on the website but they will keep a percentage of profit because of the platform they are providing. Getting enlisted as a seller has one benefit that you already get a huge consumer base and can cater quality products to them through the intermediary e commerce website.
Financing The Store
Your online store will require investments to be made before you can actually expect a return. Capital remains one of the major concerns for people who want to start something of their own. There are various ways through which you can manage funds for the project-
  • Personal saving or loan against property
  • Soft loans from acquaintances or family members
  • Bank loan
  • Financing the project from investors who would take a share from the profits
Online Plan
Website
A website should be designed in the best way possible because for an online business it is the only thing that a customer generally gets to look at. Design should be done keeping in mind the industry standards as well as the fact that it should be mobile friendly as many people tend to browse through the phone and make purchases on the go.

Digital Marketing

You need traffic on your website and in order to do that it is essential to invest in digital marketing practices. SEO and blog posts on various platforms can help a lot in making driving traffic in the website. Along with it, proper social media campaigns need to be run in the profiles (Facebook, twitter and Instagram) so that the “brand” can be created among people. Maximum exposure of your brand to the people will make sure that your business reaps optimum profits. Advertising through email and SMS can also be of use so that people can get a link and directly visit your website.

While opting to start such a project keeping these things in mind will surely help you to gain from the business within 4-5 months of its launch. Try to be unique so that people can always come to your website and be amazed at the variety that you have on offer. Have the patience because such endeavor do not pay up instantly, however if it makes a frenzy in the market then you just might become a rich person!

There is no better feeling than making money by bringing smile on the lips of numerous people who have received a gift ordered from your online gift shop.

 

Thank you for reading my blog, if you do have any questions about starting an online business, please leave them below and I will be more than happy to answer you.

Your Product reviewer & Blogger

John J J

Founder

myclicklabacademy.com

 

10 thoughts on “How To Start A Small Business Online-Sell On Amazon

  1. This is an interesting post – most people think to sell on Amazon or eBay, but you have presented in some simple steps on how to create your own online store.  I would say that it takes time to get the domain up and running and having enough content to start getting better rankings and traffic on search engines.
    I have never really looked into creating an online store/website before.  To be successful in the first 12 months, do you think it would require paid traffic to be successful OR could it be done wholly with free organic traffic from SEO?

    1. Oh hi John, thank you for your comment and the question as well. I recommend you to do both paid and organic traffic. Mostly focus on the  long term organic traffic. They are the most sustaining source of business and free.

  2. With the dynamics of world economy changing and revolving, it is such a great idea to start an online business.

    There are many ways one can choose to start an online business, and starting a business as a seller on amazon is always one way to go.

    Due to the fact that amazon well known with worldwide traffic flow of customers, there is no doubt the potential to reach out to worldwide customers is always there.

    However, it is always ideal to have a step by step plan and systematic approach to create one before one venture into such opportunity. 

    Looking forward to your next article on how to start a smal business online.

    1. Awesome buddy, thank you for your comment and point noted. This is actually my second ranked site and is really growing traffic very fast.

  3. Hi

    I think at one time or another, most sellers gave thought about having an online shop on Amazon  but they get put off because of the hoops they have to jump through to see it up. From reading your article, you can see that it is not as difficult as it could be. I think the biggest problem  that you are going to face is how to stick out from so many competitors. I agree you need to plan well, otherwise you can get unstuck. 

    Do you think it will take much initial  capital to set up an online business that is successful  in Amazon?

    Thanks

    Antonio

  4. Hello I really want to say a big thanks for sharing such insightful and informative article on how to start a small business online with us all, I really find this article helpful, I never really had much knowledge about starting a small business online on amazon or gift shop, but reading through your (6) easy steps has given me the right mindset, thanks I already save this website for recommendation and future reference 

  5. I’m not saying that this is an awesome post you put up here on how to start a small business online by becoming a seller on Amazon I really appreciate your effort in sharing such an informative review on how to earn online such post is one that needs to be passed on to the public especially at a time like this where everyone is suffering in the hands of the ravaging pandemic…

    thanks for sharing and forwards to share it on my blog so that others can see and benefit from

    1. You are welcome Evansese, I could have just use this system as I keep it to myself but I felt it will help more others out there as we build a better world together. Thank you for your comment as well.

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