Want to start an online business but don't know where to start? What business to choose for profit? Steps to do business online and how to do business effectively? Where to study online business? These questions are also common concerns of all those who intend to start a business.
Let's answer questions with Sapo Blog in the following article so that you can start your business right away!
What is an online business?
Online business has become a popular trend in recent years, when the Internet and the number of smart phone users in Vietnam exploded. So what is an online business?
Online business is a form of online sales, online sales, where all active buying and selling activities take place at any time when customers have needs and goods are delivered to people.
Online business activities are easy to see through a number of sales methods such as:
- Selling on Facebook
- Sales on the Website
- Selling on Shopee, Lazada...
Just need a computer or phone with an Internet connection, you can start selling online. Thanks to selling online, many people can reach an income of 20-30 million per month and more. Advantages of online business:
- Sellers are free and active in their work
- Rich and diverse source of goods
- Simple way of doing business
- Investment costs are not too large, do not have to rent space
- The customer base is wide and rapidly growing
- Sellers have the opportunity to receive high income
1. How to start a successful online business?
Making a business plan doesn't have to be difficult. What to do is simply: “get started”. Let's take a look at the steps for a successful online business that you can do well from planning to implementing an online business below:
- Business idea
- Define goals
- Make a business plan
- Target customer research
- Market research
- Competitive analysis
- Feasibility assessment
- Online business model and strategy
- Implementation steps
- Selecting and searching for sources of goods
- Select sales channels
2. Online business ideas are a HOT trend
Do you have an online business idea or are in the process of searching because you do not know what business to do?
If you have never traded in a certain item, you can look around you to see what your relatives and friends, everyone is doing. Learn how to sell on Facebook and the reputable shops on the e-commerce floor of successful people.
See what they choose to sell, how much is the price, how do they post sales articles?
3. Choose the most suitable business item
However, before deciding what to trade in, you should answer the following series of questions:
- Is it a HOT product?
- Where is the source from?
- Does the item require a lot of capital?
Some ideas are suggested by many people such as selling fashion clothes, shoes, cosmetics, fruits, ... Or you can also take advantage of available items at home to make snacks to sell online If you are skillful and have a passion for cooking.
Or you can register as an agent to provide fresh and organic food to users. This is an increasingly popular consumer trend, so your business will definitely be expensive if you have good sources and reasonable prices.
See also: 12 hottest online business ideas in 2021
4. Online business items – 1 capital 4 profits
The item of an online business is considered one of the most important factors determining whether you will succeed or fail. Because choosing the hottest item, capable of selling well, selling for a long time and making a profit is something not everyone can do. Depending on your actual conditions, you make the decision to choose which items to sell.
Items that are traded by many people: Those are items that do not require too much capital. If you have not prepared a large enough capital, try your hand at items such as snacks, handmade cosmetics, fashion accessories, ...
These are items that do not require much capital, you can take advantage of the profits of previous orders to turn around and prepare for later orders.
Goods with a lot of capital - high profit: Traders have a saying "big capital - big profit". When you spend a lot of capital to trade large value items, the opportunity to earn high profits is possible.
Items such as household appliances, kitchen equipment, etc. cost up to millions of dong each to help you earn higher profits. As long as you have good marketing and sales methods, high sales, great income is completely within your reach.
Many people choose to trade in household appliances
Choosing the right online business items will open the door to success, helping many people make good money and have a better life. Not only meeting essential consumer needs, many items are also searched according to hot trends.
5. Steps to help sell online properly
In order to have an effective online business, many people learn through documents, books or learn from their predecessors, articles on the internet. Here are the most popular steps to start an online business, you should refer to:
- Step 1: Search and meet market demand
- Step 2: Make a business plan online
- Step 3: Set up online sales channels
Selling on Facebook: You need to create a Fanpage to post product introduction; Join groups to share information and strengthen connection with potential customers.
Sell on e-commerce platforms like Shopee, Lazada: Register an account, create a booth, post products with quality images and introduce attractive products.
Selling on Website: Designing a sales website is a trend and is considered by economists as an online sales channel to help you develop the most effective, sustainable and proactive online business.
6. Instructions for online business registration
Many people wonder, is it not clear whether to carry out the online business registration procedure?
According to regulations, subjects that must register for online business include traders or organizations operating in the field of trade promotion or business support, having an "e-commerce website" on which providing at least one of the following services: following service:
- E-commerce trading floor services.
- Online promotion service.
- Online auction service.
So if you only own stores on e-commerce platforms or sell on Facebook, you don't have to register to sell online. If you build a sales website, you must confirm that you have notified the Ministry of Industry and Trade.
7. Shipping Service
Choosing a shipping partner is also a very important step to help your online business effectively. Because your goods can be delivered to customers quickly, guaranteed with the most economical cost.
Currently on the market there are many shipping partners such as Fast Delivery, Economical Delivery,... You should learn carefully about these delivery units before starting your business to ensure your orders. you are always transparent.
8. Learn online business to succeed more easily
8.1 Learn how to sell online
You really want to learn how to do online business so that when you enter the real world, you will not be surprised and limit mistakes. In fact, very few people can succeed right away when starting a business. So learning will help you prepare the best methods to be ready to solve problems that arise in an online business.
8.2 Where to learn online business?
You can learn right away by observing crowded business shops, many orders on Facebook or platforms like Shopee, Lazada,... Learn how they post sales, respond to customer comments.
In addition, there are many online business courses by successful sellers. You can sign up to get all your questions answered to help you run your business.
8.3 Books about online business
There are many business books available in the market. Especially, this type of business is becoming a trend, so it also attracts the attention of readers. Therefore, you should read some online business books to get systematic knowledge and detailed instructions!
9. Low capital online business ideas
Capital is the most important issue of business people in general and online business in particular. But what if you still want to start a business but have limited capital?
First, please refer to the experience of online business people with little capital to see what is the right business item and how to do an effective business?
You can also search for low capital business ideas on Google. From the suggestions of the search results you can choose the type of business that is most suitable for you.
10. Solutions to support your online sales
Online business is getting more and more difficult because many people sell, competitors are always looking for ways to "overwhelm" you. Many people encounter a situation where competitors rob customers when livestreaming sales or responding to customers slowly, missing messages.
Or are you doing business in too many places, setting up a sales website and selling on Facebook... but you can't control all the orders?
Understanding the problems of online sellers, Sapo POS brings a synchronous solution to help you respond to customers promptly, close orders quickly, control inventory easily, integrate Facebook and Instagram to help you sell easily. easier than ever
Thus, the article has shared with you all the issues that need attention of online business activities. If you are planning to enter this profession, please carefully study the information I have just mentioned above.
In particular, from finding business ideas to implementing online sales plans in practice, it requires you to both work and learn to accumulate more valuable experience for yourself!
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