How To Sell Online In India Ц Ultimate Guide
Apr 16, †Ј Prepare your online presence: You can sell online through either your own website where you use the domain name purchased above. For this, there are open source tools like Magento available or you could use cloud-based solutions like Shopify. Jul 01, †Ј Before You Start Selling Online 1) Calculate the costs involved in selling online. Selling online in India or in any country for that matter involves 2) Find out if its viable to sell online. Now that you have a fair idea of different costs involved in selling online, 3) Create digital.
According to a study conducted by Google India, there were 35 million online shoppers in India in Q1 and is expected to cross million mark by end of year Broadband internet and explosive growth of mobile phones how to call trinidad for free fueling this growth further.
Companies like Flipkart have already crossed billion dollar valuation. If you have a product to sell, this is perhaps the best time to start selling it online. Here is an ultimate guide to teach you how to sell online in India. Selling online in India or in any country for that matter involves various costs.
Its important to first find out if you can make good profits after considering all those costs. Lets look at some of the important costs:. Shipping Cost Ч Visit your nearest courier or shipping company and find out how much it would cost to ship your product in various parts of India. Make a list of states and shipping fee. Packaging Cost how to burn files to dvd rw Depending on the type of product you are planning to sell, you will need to consider how to sell my product online in india packaging cost.
Check the different how to layout a web page material and calculate how much you will need for one product. Calculate the total cost per product accordingly. Normally its between 0. Payment Gateway Cost Ч If you planning to setup your own store, you will need a payment gateway. These sites normally charge between 1. There could be one time setup fee and recurring annual maintenance fees.
Last time when I checked, most payment gateway providers had waived off these fees. You can negotiate the transaction fee if you have higher volume. Storage Cost Ч Depending on the product, you might need to rent warehouse or some storage space for your products. Find out this cost as well.
Some online marketplaces like Amazon let you use their warehouses at a small fee. Marketing Cost Ч Like any other business, you will have to tell the world that you have arrived. Surely, there are free ways to promote your business but at some point of time you will have invest in paid marketing channels. Now that you have a fair idea of different costs involved in selling online, you can do quick math to find out the profitability of your venture.
Here is a simple formula :. If your profit margin is positive, you are good to go ahead and start selling online. If its very low or negative, how to play prom queen on drums should think about what to study for nclex pn the costs.
Assuming you have passed the profit margin test, its time to take the next step. You how to sell my product online in india need to create a list of products in a spreadsheet. Later you will be able to import that list to eCommerce marketplaces or self hosted shopping cart. Once this is done, take good quality photographs of the product from different angles, preferably in white background. Product images play a vital role in online selling, so its recommended to take help from a professional.
In some case, you can get these photos from the manufacturer as well. Its better to get organised from the day one. Do you know how event management companies manage huge events without any goof up? Well, they play the entire event in their minds before they start working on it. You can do the same and lay out a process describing steps from getting an order to shipping the goods. It could be a simple checklist for doing quality checks, packaging, invoicing, etc. This will help also help your staff when you are not around.
As you will be dealing with inventory everyday, it might become painful to manage inward and outward stock movement manually. Start using a good inventory management software to track your inventory.
Some of the softwares even provide inventory sync option with your shopping cart or marketplace account. Also read Ч 12 Inventory management techniques to cut losses. Your customers are more likely to search for your business before they make any purchase. So, its important to have online presence in the form of company website, social media account or any other channel.
Here is an in-depth guide to build online presence for your business. Now that you are ready to sell online, its time for a big decision.
Should you sell on online eCommerce marketplaces like Flipkart or Amazon or should you setup your own web store? This one is perhaps the most simple option. Process of selling on these marketplaces is very simple and you can start selling within a week. Process Involved Ч All you have to do is to visit seller-registration pages of these sites by clicking on the links above and submit your business details.
Some sites need address proof as well. You can upload scanned copies of these documents. Verification is completed normally in couple of days. Advantages Ч You can save big on the marketing cost. All of these marketplaces attract millions of visitors everyday and have a loyal user base.
Most of these portals provide packing material as well. Disadvantages Ч These marketplaces charge higher commission on every sale. Apart from this, you have a little control over how your product is displayed on their sites. As you can see, selling on eCommerce marketplaces is fairly simple and straight forward process.
It takes less time and you can save on your marketing costs. This option can be further split into two parts Ч You can either develop your own eCommerce website and host it on your own server or create a web store using online store creators. We will discuss second option as its relatively easy and cost saving.
Process Involved Ч Just register on one of these sites and upload your product catalogue. You can link your own payment gateway or use the one provided by these sites. Advantages Ч Interface is easy and no technical knowledge is required. You customise the look and feel of your store. Disadvantages Ч You will have to invest in marketing your site.
It will take time build trust as customers hesitate to buy from new sites. So, take your pick and start selling online. Once your store is up and running, its time to generate your first sale. Here are 5 ideas to start the ball rolling:. Facebook Advertising provides a great options to target your product Ad precisely. You can show your Ad to people based on their hobby, lifestyle, gender, location and much more.
You might have to keep monitoring the results and tweak your campaign accordingly. During initial days, your focus should be to refine your advertising, shipping, fulfillment and customer service and shopping experience. Harshal Katre is a co-founder at ProfitBooks.
He is passionate about design and marketing. He occasionally writes for this blog on various growth hacking techniques. Follow him harshalkatre. This is not sales or direct selling ad. This is just to help a needy person who what is the difference between brought and bought lot of stuff lying and unable to sell.
One of my relative who do not have any knowledge in online selling has shirts, trousers, khaki safari suits, white jackets, army pattern cotton jackets, ladies bags, jute bags, travel bags, hats, cotton hats, jute hats, handicraft items like table lamps made of terracotta in bulk. Bulk items, multiple pieces. Products worth 5 lacs lying for sale, All are unused, unsold. Best for people who do online selling. Buy at throwaway price.
Products lying in Govindpura Bhopal. One can make good profit. Is there anybody who can help them in clearing their inventory. For details call him -Aditya Malhotra on The customers know about my software through Facebook, Linkedin and my own website. My annual turnover is less than the threshold limit of Rs. As the e-commerce is being done on my own without having any operator, and also my turnover is less than the threshold limit, Is it necessary that I should register with GST?
Please advise me at the earliest. So, for starters, selling on marketplaces is better option in my opinion. Why to sell anywhere else. Create your own eCommerce store and sell Online.
Sell on Social Platforms
It entirely depends upon the type of business model of that selling platform. To sell your products online for free in India, you can count on options of selling on marketplaces, social selling, and local selling. Local Selling. If your target audience is local only, you can list your products on classified sites and connect with the customers easily. Aug 12, †Ј The marketplace model is the easiest and fastest way to sell products online in India. Flipkart, along with its fashion arm Myntra, is the leading marketplace in India with a percent market share. Amazon India is second with a 29 percent market share. Other marketplaces include Snapdeal, ShopClues, and Paytm. How do I sell my products online for free in India? Get your GST registration for exports in India (Cost ~ 3 to 5K) Get your Import Export Code (Cost ~ 3 to 5K) Get Bank AD code registered (Cost ~ 3 to 5K) Choose an International air freight service provider- DHL/ Fedex/UPS. They charge from INR
With the advancement of the internet today, more and more people are thinking about selling online. This can be a great way to earn good amount of money without any hassle and capital investment. So if you are thinking about making some good money, go for an internet business. Thanks to globalization, India has now become one of the strongest economies in the world and its infrastructure has also increased leaps and bounds.
In addition to the urban areas and cities, even the rural populace now has access to the internet. With the Digital India initiative, the spread on the internet is expected to grow more. Typically there are three ways by you can choose your online selling platforms:. By choosing the right platform as per your requirements, you can easily sell goods online in India and abroad to make a lucrative business. With the advent of technology today, the internet has become a great medium of communication and help you get high returns and profit.
Consider these points when starting to sell online: Identify your niche target audience, because once you are able to identify the target market, you can easily get prospective customers who will be interested in your product or service. Next step of starting an online business is to identify a proper web platform that will promote your products or services.
You also need to allocate certain costs, such as shipping , packaging 0. Have an idea of the items that you would like to sell. Here is a list of fast and highest selling products in India to help you choose one. You need to prepare a digital catalogue of the products and include details, such as name, description, SKU code, MRP and so on.
Also, do not forget to provide photos of the product as it creates the first impression. Remember that the customer does not have the scope to physically test your item, so a good photo is a must. Choosing the right platform to sell products online in India eCommerce has come a long way in India and you can choose your favourite web platform to sell your products as per your preferences and budget. Typically there are three ways by you can choose your online selling platforms: eCommerce Marketplaces: These offer a very simple way to sell products online.
You just need to register in these marketplaces by providing details, such as the PAN details, VAT registration number, and bank details. The main advantage is that these sites are very cost effective and popular among masses. Some of the popular ones include Flipkart, Amazon, Snapdeal, Kraftly, etc. Setting up Web Store: There are quite a few advanced eCommerce store development platforms that allow you to create your own web store and sell online.
These platforms host your web store on their server and reach millions of customers online. You have to register in these sites, avail their packages, and upload your product catalogue. From organizing the product catalogue to ultimate web hosting, everything is taken care of. Some of the popular platforms include KartRocket, Kraftly, Shopify, etc.
Creating an eCommerce Website: You can also set up your own eCommerce website. You need to buy a domain, set up the whole navigation process, web development, and other details. You have to take care of the search engine optimization aspects too. However, for a big business, a website is quite helpful as it helps to build a distinct identity. Some of the benefits of selling goods online: It does not take a lot of effort to sell products through the internet.
Another advantage of internet based business is that you can enjoy the flexibility of time. You can easily work from the comfort of your home according to your preferences. Unlike other businesses, there are also no stiff targets involved and you can adjust your timings and efforts accordingly. Because the internet can reach thousands of people within a minute, you can also reach a wider range of prospective customers.
Moreover, your target audience is not confined to a particular geographical location. You can reach out to millions of customers. This can provide a big boost to your promotion and marketing and help you get more customers at one go. Previous post. Next post. Puneet Bhalla.
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