How to start an eCommerce business in India from scratch in 2021?

A Story by Ezekeil

Ecommerce is a booming industry, which often leads people to believe that it’s easy to succeed here. However, to survive in this field, one must have a clear business sense along with resources. 2021

1. Settle on an ideal business model and plan

The first step to success is to have a fool-proof business model and business plan. Don’t be in a hurry to launch a business. Take time to research and study the market before making a decision. The single product type of business has been proved to be more successful as you have the reins. Utilize different marketing techniques and branding to drive sales. Most entrepreneurs choose between two types of business models; a multi-vendor or a single vendor e-commerce business.

2. Brand awareness and authenticity

An equally important point is creating a name for your business. This is essential in promoting brand awareness. Choose the niche in which you want to sell products. Make sure that it’s a competitive one as a stagnant one almost always means the absence of a market. Conduct a survey to understand the wants and needs of the people before finalizing your product.

3. Ecommerce business registration

Legal formalities are dreaded while starting a new business. But the quicker you do it, the quicker you can be open to business. So the necessary steps are: