Been thinking of setting up an online store for a long time but don’t know where to start? Worry not!

Follow these tips and take your first step towards starting a successful online store today

1) Decide what you want to sell

Do you want to sell commoditized products or unique products? Usually, unique products sell better than anything else. So, find yourself a product (or products) that you specialize in.

If you have products to sell that are trending, even better!

2) Make sure that the products can actually be sold

Apart from considering whether people would actually want to buy what you want to sell, it is also important for you to consider the challenges you can face while trying to sell your product online.  It is important to consider factors like whether your product is to too big in size or too heavy to be shipped. Your product could be priced at a much cheaper rate than your competitors, but would it still be cheaper post adding shipping charges?

3) Know your competition

It is extremely important for you to know your competition well and find a way to differentiate yourself in the market. It is essential for you to do an in-depth research of your product market and the overall trends driving the market.

4) Study what your competitors are doing

You must study your top competitors and pinpoint their strengths and weaknesses. This will help you find out the gaps in the market and understand what you can do to fill them.

5) Ensure that you are not breaking any laws

This one is extremely important. Make sure what you’re selling isn’t against the law or you might land up in trouble. Before you start an online store, check if your business is operating within the confines of the law.

6) Start sourcing your products

Now that you’ve done all the tasks needed to be done before starting an online store and gathered all the background information, it is time for you to start sourcing your products.

Will you dropship, make the product in the house or choose some other option? Consider all pros and cons of all the options and see what fits your business the best.

7) Pick the right people to help you set up your store

It is important to ensure that you pick a reputed company to help you set up your e-commerce website. You could request the team to share some of their past work with you. You must also do an extensive online research and see what people have to say about the company. Ask important questions like – how will I manage the inventory? How will my store look on different devices? What payment options do you have to accept payments and if the team will support you if you have and queries.

Even after you have got all your quires answered, make sure that you give the solution a try before signing up. Most reputed e-commerce companies like PandayG offer a free trial. You must take advantage of that.

You can now set up a responsive e-commerce website for your business with payment and delivery integration in just 5 minutes with PandayG. Know more, visit  http://pandayg.com/.