How to Start an Online Retail Business

1. Study the Market and Competitors

  • You already occupy your niche, and you know exactly what you will sell
  • You are only deciding on the domain of your business

2. Get to Know Your Target Audience

Google Analytics. Screenshot: kinsta.com

3. Register Business

  • Sound out the taxation procedure
  • Register a trademark
  • Obtain the licenses and permits required in your area

4. Consider Your Brand Concept

5. Develop a Business Plan

6. Decide on a Supplier

7. Start an Online Retail Store

8. Fill Your Store With Goods

9. Start Marketing Your Store

Conclusion

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