How to start an E-Commerce website in India?

E-commerce Business Model

E-Commerce business is a huge industry it is expected  to double to reach US$ 250 billion by 2020.The Indian consumer internet market is expected to grow by 44 per cent year-on-year to touch US$ 65 billion in 2017, up from US$ 45 billion in 2016.so starting an online business is very profitable if you know how to do it. below i have mentioned the write business model for your eCommerce website.

Find a niche 

Niche hunting is the first step to make your business.There are broad categories to choose from like electronics,health,cosmetics or apparels etc also there are precise niches like online shoe store,online store targeting specific product. Determining this helps you the prepare for the future requirement and expansion of the business.

Market research 

After sorting out the niche you want to be in it is necessary to know if that product has a market or not. market research is done to know the Demand of the product. To do market research it becomes essential to know people behavior,their shopping habit, their problems,their requirements etc. forums like Reddit etc are useful as you can know about people more.

Find a whole seller/manufacturer.  

In India, places like chandani chowk, Gandhi nagar market etc are place you can get whole sellers. this become essential because this determines the quality of the product you gonna sell, if its not correct then you will loose potential customers and your business may collapse.

Register your business.

Now its time to actually start doing the business by first registering it to the government, buying domains ,opening up bank account and resolving all the legal requirement for this. like Registering for GST  etc.

Website creation

Now, creating a website comes, this is the most essential for you as this is what people will see you as.so,creating a website by professional is essential as it keeps away any kind of issues  some of the best web developers are nebula infotech and iconnect solutions  parts like inventory management,billing etc are also required so choose for a complete eCommerce solutions.

Find a Logistics partner

Logistic partner is the company who is going to deliver your product to your customer, choosing a fast and reliable delivery partner is important because this again comes to the quality of service you are going to provide. one of the best logistics are Indian Postal service,blue dart,go Javas 

Do the math

The ultimate goal of the business is to make profit, if  it doesn't make profit then it is of know use.so,before investing you should know what is the profitability of the business and the margin your will get per product sold, whats your expenditure.

Make sales

Every thing is setup now its time to make sales. make your website live and hold tight for customer to show up.

Marketing 

marketing your website with social media ,SEO is important as you are going to make sales by helping customers easier to find you. SEO is a very vast field in itself and again if done by professionals could triple your sales.