In today’s digitally dominant world, breaking into eCommerce isn’t just an optional approach for merchants — it’s a must for those who want to thrive. With more and more shoppers purchasing online, there are incredible opportunities to reach new customers, expand to global markets, and run your business 24/7 without consuming all your time.
But starting an eCommerce business involves more than simply listing products online. From picking the right platform to creating a smooth shopping experience and handling logistics, there are several critical elements to oversee.
This guide will cover everything new merchants need to get started and launch successfully in the fast-paced eCommerce industry.
The benefits of selling online
Online selling helps businesses expand their reach and improve efficiency. Key benefits of an eCommerce venture include:
- Brands can tap into a global audience, opening up opportunities to enter new markets.
- An online store generally requires fewer overhead costs than a traditional brick-and-mortar business.
- Brand owners can operate around the clock, which increases sales potential while providing convenience for customers.
- Online businesses can grow quickly and scale easily compared to physical stores.
- Sellers gain access to digital marketing tools like SEO, email marketing, and social media to drive targeted traffic to their stores.
eCommerce on different marketplaces
To learn step-by-step processes for selling on major online platforms and marketplaces like Amazon and eBay, check out these resources.
Amazon
- 4 Most Popular Ways to Sell on Amazon: Starting an Amazon venture? This article details four effective methods for selling on the platform, along with their benefits and challenges, to help you choose the right strategy for your brand on Amazon.
- How to Write Compelling Product Descriptions on Amazon: An eye-catching, informative product description is more likely to convert browsers into paying customers. In this guide, we’ll show you how to maximize Amazon’s 2,000-character limit and craft compelling descriptions for your offerings.
- How to Start Selling Books on Amazon: If you plan to sell new or used books on Amazon, this guide is an asset. It’ll explain how to begin selling books on the platform, from choosing the right delivery method to monitoring your sales.
- How to Set Up Your Amazon Store For Success: With more than 9.5 million global sellers, Amazon is the world’s largest online marketplace. Read this article to learn how to set up your own Amazon store and the critical factors that’ll help it stand out.
eBay
Walmart
DTC (direct to consumer)
- The Ultimate List of Direct-To-Consumer (DTC) Brands: This article contains a comprehensive list of notable DTC brands from different industries. Discover how these brands prioritize consumer relationships, utilize unique marketing strategies, and offer personalized products.
- Community Building Strategies For DTC Brands: Learn effective, DTC-focused tactics for community building, such as adding personality to your brand, understanding audience preferences, and incorporating feedback to guide your business strategy.
- DTC eCommerce Customer Acquisition: 10 Ways to Get Shoppers to Your Site: Here, we dive into proven strategies to boost your website traffic, including SEO, social media engagements, and sponsorships to enhance visibility.
- Why Every DTC Store Should Have an SEO Strategy (and How to Do It): SEO is critical for DTC brands, as it increases brand visibility and attracts leads. Read these six ways to leverage SEO techniques and see long-term benefits and higher conversions for DTC sellers.
Social media
Understanding eCommerce logistics and operations
Every business owner must understand the ins and outs of eCommerce logistics and operations, from managing inventory and coordinating shipping to handling returns. Consider the following elements during your planning to provide a seamless shopping experience and keep your business running smoothly.
Selling models
- What Is Amazon 1P?: With this setup, Amazon handles pricing, fulfillment, and customer service, but you have less control over branding and product promotion. Learn the basics of Amazon first-party (1P) selling and how to leverage the platform’s logistics and advertising to see if it’s right for you.
- What Is Amazon 3P?: Through this route, you handle your own sales, inventory, fulfillment, customer service, returns — everything. Discover more about the 3P business model, how it compares to other options, and how to navigate this setup on Amazon smoothly.
- How to Become an Amazon 3P Seller: Interested in diving into 3P selling? Here’s a comprehensive guide on how to set up your Amazon seller account and manage fulfillment, inventory management, and customer service.
- Amazon 1P vs. 3P: Benefits of Each and Why to Move From 1P to 3P: If you’re still undecided about whether to sell 1P or 3P, this resource offers a rundown of the benefits and drawbacks of each model and their differences regarding pricing control, logistics, and profitability.
- Retail Arbitrage: Arbitrary Or a Winning Seller Strategy?: In simple terms, retail arbitrage involves purchasing items at low prices and reselling them for a profit. Gain the necessary know-how about this strategy, how it compares to other sales methods, and best practices to expand your business through it.
- Dropshipping 101: How to Start a Dropshipping Business: This model allows retailers to sell products without holding inventory, as suppliers ship products directly to consumers. Read on for more information about dropshipping, including benefits, risks, and strategies.
Logistics and fulfillment 101
- Benefits of a 3PL: Why To Outsource Your eCommerce Logistics: Are you considering hiring a third-party logistics (3PL) provider? Explore their key advantages, including reduced shipping costs, streamlined supply chain operations, and enhanced customer satisfaction.
- 6 Key Factors to Consider When Choosing a 3PL: Finding the right 3PL is important to maintain a seamless order fulfillment process. This post highlights six crucial factors to review before making a selection, such as capacity, shipping requirements, pricing, and expertise.
- A Practical Guide to Switching 3PLs: Switching from one 3PL to another is a critical move that can make or break your operations. This guide explains various fulfillment options and what to look for when shifting services.
- A Seller’s Guide to When to Use a 3PL vs. 4PL: After determining you need to outsource your fulfillment, you still need to decide whether you’ll hire a 3PL or a 4PL service. That choice requires careful consideration of factors like your business’s size, supply chain requirements, and growth goals. This article compares the two solutions to help you pinpoint which type of provider fits your needs.
- 10 Critical Questions to Ask Before Choosing Your Fulfillment Partner: What’s your ideal budget? What shipping services should you look into? Read the most important questions to ask when searching for the right fulfillment partner for your business.
- How to Add eCommerce Fulfillment Automation to Your Business: Streamline your eCommerce operations and enhance fulfillment efficiency with tech integration. This post discusses the importance of automating tasks like order processing, inventory tracking, and shipping to optimize your brand’s logistics.
- A Guide to The RFP Process: Steps for a Successful 3PL Search: Learn how to run a “request for proposal” to understand the strengths and weaknesses of all of your 3PL and warehouse options. See what you should include, which data points to pay special attention to, and more.
Fulfillment by Amazon (FBA)
Launching your eCommerce business: What you need to know
From getting to know your audience to preparing your logistics, the below resources will help you stand out and gain loyal customers as you grow your business:
Growing your eCommerce business: What to focus on after launch
Once your eCommerce store is up and running, growing it requires you to optimize your marketing efforts, expand your product offerings, and improve customer retention. Here are some key areas to focus on at that stage.
eCommerce advertising strategies to consider
Essential eCommerce metrics to track
Scaling your eCommerce business
Protecting your business
Safeguarding your eCommerce brand is crucial for long-term success. Here are some important measures and strategies to help you avoid scams and protect your business across different platforms:
Wrapping up — Unlock your eCommerce potential with the right know-how
Breaking into eCommerce can be a smart move for new business owners looking to expand and stay competitive. However, it’s important to lay a solid foundation by understanding the key elements of building and scaling an online store.
While this venture may seem overwhelming at first, with the right strategies and tools, you can position your business for long-term growth and success. Check out our blog to discover more tips, insights, and resources on navigating the eCommerce world.