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How to create an online store in 5 steps and what are the benefits

2023-02-03T10:30:36.443Z


Unlike a physical store, customers can shop 24 hours a day. Keys to start and make the business profitable.


Despite the fact that

digital transformation

is not something new, in recent times it has taken on greater prominence due to the fact that many entrepreneurs found in social networks a means to offer their products and captivate an audience.

But this is not enough if the idea is to face new challenges, competitors and

obtain higher returns

.

In these cases it will be essential that the sale also occurs through

your own website

.

A virtual store is a

platform or web page

that is exclusively designed to

sell products or services over the Internet

.

Unlike a physical store, in a virtual store potential customers can buy

24 hours a day

, every day of the year without having to leave their homes.

All online stores should include

photos

,

texts and videos

to better show the characteristics of the products.

Prices

also need to be listed

.

A virtual store is a platform or web page designed exclusively to sell products or services over the Internet.

Photo: File.

How does a virtual store work?

An online business has

 4 main stages

:

1. The purchase process

: the customer enters the web page, chooses the items they want and adds them to the shopping cart.

2. Data loading

: once all the products in the cart have been loaded, the user must register and indicate his name, the delivery address and the method of payment.

3. Reception and analysis of the order

: this phase corresponds to the company that receives the purchase order, checks the customer's information, reviews the payment and organizes the shipment.

4. The delivery of the product

: in this last stage, the logistics are managed so that the items arrive in a timely manner.

Unlike a physical store, in a virtual one customers can shop 24 hours a day.

Photo Shutterstock

How to create a virtual store in 5 steps?


To set up an online store, the CEO and CO Founder of Xubio, a management software company for SMEs,

Fernando Arzuaga

, described 5 fundamental stages:

1. Define the ecommerce strategy

Being

clear about the

objectives and business plan

is essential to be able to create an online store.

For this, it is recommended:

  • Carry out a

    study of the market and the competition

    beforehand .


  • Define who the target audience will be, what products will be marketed and at what price.


  • Specify the competitive advantage: how is this product going to be differentiated from the rest?

    If the brand already has a name, it could be used.

    It would only be necessary to verify that there is no other equal domain.

  • In case there is no defined

    name/brand

     yet, it is recommended to choose one that is

    easy to spell

    ,

    pronounce and remember

    .

    At the same time it has to be short and describe the venture.


  • To protect the brand, it is necessary to acquire both the

    .com extension and the extension of the country of interest

    (.ar, .cl, .co, .mx).

  • Hire a

    hosting service

    .

    Before choosing a provider, it is advisable to analyze its reputation, the web space and the security it offers.

  • Take into account the information transfer rate.

    If the store is small,

    1 or 2 GB will be enough

    , but if it is presumed that it is going to have a

    large number of daily visits

    , it will be necessary to opt for a plan

    starting with 3 GB

    .

    Among the most recognized providers are Hostinger, GoDaddy, Hostgator, A2 Hosting, Bluehost and AWS.

2. Design the website

The

design of the virtual store is also an important point

to attract users

.

It is recommended to choose a

legible font, with an appropriate size

and use good quality images to stimulate the purchase.

In addition, the texts within the web page can be optimized so that they position within the search engines.

Finally, make sure that the store has a

"responsive"

(or adaptable) design, that is,

that it can be seen well on all types of devices

.

3. Offer various payment options

The more

payment alternatives

provided, the more the buyers' operations will be facilitated.

This way, you will never miss a sale for financial reasons.

In addition to

credit and debit cards,

it is important to offer other options such as

bank transfer

,

Mercado Pago

,

Paypal

,

Rapipago

,

Easy Payment

or

cash on delivery,

 which is when the buyer pays when receiving the product.

4. Arrange logistics

Once you have the domain, hosting, design and payment methods, you need to think about

how the products will be delivered

.

It must be taken into account that the

speed of shipping

, the

ease of returns

and

free delivery

are among the most valued aspects by users who buy online.

Therefore, it is vital to have good logistics.

You can set up your own distribution system or hire an external company.

An

important factor

that has to do with logistics is

stock

.

If it is not controlled, problems can appear.

For this task, it is recommended to use business management software.

5. Promote the virtual store

Once

the business is online

, it is necessary

to promote it to start getting visitors

.

For this, online advertising, email marketing and social networks can be carried out, which will also be used to organize contests, offer discounts or sign strategic alliances with influencers.

At the same time, it will be necessary to 

generate valuable content related to the products

such as free training, ebooks and webinars.

In this way, you can also interact with customers and generate a community.

To gain the trust of buyers, it is essential

to provide quality technical support

and

respond quickly

and effectively

to all requests, queries and complaints from visitors.

To improve customer service, you can offer a

live chat service

or add contact and frequently asked questions sections.

It

is also key to protect customer data from

malicious attacks and avoid scams and fraudulent actions.

It is also important to evaluate the

results

.

In order to know if the online store is achieving the expected results, it is necessary to carry out periodic evaluations of both

traffic and the profile of visitors

, as well as sales.

In this way, it is possible to know which actions implemented were successful, which are the products with the most output and which processes need to be improved.

All online stores should include photos, texts and videos to show the characteristics of the products.

Photostock.

What are the benefits of a virtual store?

Creating a virtual store offers many

advantages

for entrepreneurship.

Among the main ones are:

·

It is

available 24 hours

a day , 365 days a year, since it is a business that never closes.

·

Unlike face-to-face locations, it does not require a large investment in personnel and rentals, which

helps to save costs

.

·

Most of the processes are standardized therefore, 

there is no loss of time

.

·

Allows 

you to quickly and easily reach a large number of customers

, even from other cities and countries.

· Increases the visibility and awareness of the brand and promotes the achievement of sales goals.

·

Offers the

possibility of managing time

and even

working from home

.

·

User registration and interactivity enable

access to detailed customer information

and analysis of their behaviors and preferences.

This facilitates the generation of personalized products and offers and the improvement of marketing campaigns.

·

Ecommerce offers

greater flexibility

to quickly adapt to

changes in the market

.

Meanwhile, among the biggest

disadvantages

of creating an online store are

high competition and the lack of direct contact

with customers, which

sometimes generates mistrust

.

LN

look also

Entrepreneurs: the 5 keys to separate personal expenses from business expenses

"Stretch" your salary: 5 habits that you can change to better make ends meet, despite the crisis

Investing in the stock market: how to take the first steps to start boosting your savings

Working in a dependency relationship: what are the 5 most important labor rights and what to do if they are not fulfilled

Image theft: how to prevent your children's photos from being used by strangers

Source: clarin

All news articles on 2023-02-03

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