5.An online retailer allows sellers to post different prices

Supply chain and inventory management.Do your goods lend themselves to online sales? Are they compact and robust enough to be shipped long distances? Will customers want to see, feel, smell, or try your products before buying? If you’re selling edible goods, how will you ensure they get to customers fresh? Here are some of the key things to consider when deciding to sell online: The benefits of e-commerce are significant, but there are complexities to online business too.īeyond the pros and cons, there are several factors worth considering to determine whether online selling is a viable option for you. While selling online might seem like something of a no-brainer, it’s still important to decide whether it’s the right move, right now. E-commerce administration: security, sales tax, and online store policies.The lowdown on e-commerce shipping and order fulfillment.Tips for managing your inventory when selling online.Four ways to sell online, including via your own digital storefront.This guide covers everything you need to know to answer the question, “How can I start selling online?” The good news is, mastering e-commerce is easier than you think - if you have all the facts.

You might have no clue how to sell online or have concerns that it’s too complex and technical for you. It’s no surprise that you, like so many entrepreneurs and small business owners, might be considering selling goods online or adding an e-commerce component to an existing brick-and-mortar venture.Īs confident as you may be that this is the right decision, it probably still seems daunting. Since the first recorded online retail purchase in 1994, it’s become easier, more convenient, and safer for buyers and sellers to transact on the web thanks to many technological advancements - the upsurge in internet usage, the development of online payment processors, the advent of social media, and the evolution of security and encryption measures, just to name a few.Īdd to this a global pandemic that’s forced individuals everywhere to hole up indoors, and you have an exceptionally large audience now turning to the online world to shop from the comfort - and safety - of home. E-tail is the new retail, with e-commerce driving 45 percent of overall retail growth in the United States and more than 2 billion digital shoppers making purchases around the world in 2020.

5.An online retailer allows sellers to post different prices