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E-commerce Optimization

How to open an online store and how much it costs

E-commerce is developing very strongly lately. Online stores are opening every year, and that not a month. When you create an online store, there are many advantages, active interaction with customers, brand recognition and more opportunities for small businesses. I have decided to open an online store, the latest trends, and I do not know what platform to choose, my business is men's shoes for women. With whom can I seek advice on this issue?

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6

Answers

Cricket Wilson-Harris

Podcasting & YouTuber Success

I recommend having your brand on the social selling app Poshmark. On there you focus on fast delivery and really nice packaging for a pleasant experience for the buyer, and rack up 5-star reviews and sales traction and revenue. This is a great way to expand your network as a seller and learn the marketplace. On one of my Poshmark accounts I grew it to 22k followers in a month. You can employ bot software that mimics you being active on the platform. Then every item you newly list for sale in your shop gets added to your follower’s feeds. Once you’re ready to launch your private standalone shop under your business domain I recommend Shopify. You can research your costs on their site, all platforms carry transaction fees, but sites like Shopify save you the trouble of hiring a web developer. Market through advertising, influencers and social media to drive traffic. Feel free to reach out to me for more advice. Good luck!

Answered almost 2 years ago

David Warman

Love to work with smart people

When it comes to choosing a platform for your online store, there are many options to consider, and it can be overwhelming to make a decision. Seeking advice from experts or experienced professionals can be helpful in making an informed decision. You could also consider hiring an e-commerce consultant who specializes in helping businesses choose the best e-commerce platform for their needs.

Answered almost 2 years ago

Narkisho Nyonje

I am a Digital Marketing Coach and Consultant

Opening an online store can be a great way to start a business or expand your existing one. Here are some basic steps to follow and an estimate of the costs involved:

Choose a platform: You'll need to choose an e-commerce platform to host your online store. Popular options include Shopify, WooCommerce, BigCommerce, and Magento. The costs for these platforms vary, but you can expect to pay a monthly fee starting at around $29/month for basic plans, and up to $299/month for advanced plans.

Register a domain name: You'll need to register a domain name for your online store. The cost for a domain name can range from $10 to $50 per year, depending on the registrar you choose.

Design your store: You'll need to design your store and create a visually appealing layout that showcases your products. Many e-commerce platforms offer customizable themes and templates, or you can hire a designer to create a custom design for your store.

Set up payment processing: You'll need to set up payment processing so you can accept payments from customers. Popular payment processing options include PayPal, Stripe, and Square. These platforms charge a fee per transaction, typically ranging from 2.9% to 3.5% plus a fixed fee per transaction.

Add your products: You'll need to add your products to your online store, including images, descriptions, and prices. Make sure your product pages are optimized for search engines to help customers find your products.

Launch your store: Once your store is set up, you can launch it and start promoting your products through various marketing channels.

The total cost for opening an online store can vary depending on the e-commerce platform you choose, the cost of any design or development work, and ongoing expenses like payment processing fees and marketing costs. However, you can expect to pay at least several hundred dollars to get started.

Answered over 1 year ago