Everything You Need To Know About Starting an Internet Business, From Packing Tape to PayPal

If you plan to open an online store, you should do everything you can to prepare before you actually launch. It will make the process run more smoothly and ease some of the stress that might be involved. This article will tell you everything you need to know about how to open an e-business. There are certain steps you should take, that will help prevent you from getting overwhelmed.

Work Out a Budget

First, figure out what kind of start-up costs you'll have. They probably won't be very much, and could amount to as little as a couple hundred dollars. Think about what the best platform is for what you're selling. If you're selling electronics, for example, you might consider eBay. You can open a store for as low as $16 a month, or you can skip the store until you've established yourself as a top seller. If you're selling handmade or vintage items, on the other hand, a site like Etsy might serve you better. Both sites allow you to open free accounts, and listing fees are typically very inexpensive. Additionally, both let you use PayPal, which is probably the safest and easiest way for you to receive money and customers to send it. If you prefer to design a shop from scratch, you could use a web page-building site and then buy a custom domain for as little as $10 a year.

Also make a list of what supplies you'll need. Packing and shipping supplies are a must, and you should invest in a scale. In most cases you won't need to list the weight of the items you're selling, but if you know how much UPS or FedEx will charge you you'll be able to list accurate shipping fees. Keep in mind you can never go overboard when it comes topackaging supplies. Your store might be far more successful than you anticipated, and you don't want something like lack of shipping supplies to hold things up; besides, items like boxes and packing tape and bubble paper don't expire -- you'll be able to use them for years to come.

Work Out the Formalities

Write up a Terms & Conditions blurb, as well as a Return policy. If you decide not to allow returns, for instance, make sure that all your descriptions are exact and you take quality photos of the items. Also specify that the buyer is responsible for the cost of returns.

Get the Word Out

Next, work out a marketing strategy. It's a good idea to use sites like Twitter and Facebook to announce the grand-opening of your store a few days prior. Use your own personal accounts, but also create separate accounts for the store to use once it goes live. Have business cards made up; they can be simple to start out with, white with black text, that you can leave in various places and hand out to acquaintances who might be interested. Print out flyers with detachable slips bearing the store's web address.

Follow these steps and you'll be on your way to an easy store-opening in no time. Good luck!

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