How to Start an eCommerce Business: A 2023 Guide
Step 1: Research e-commerce models and decide what to sell Given the size and level of competition in today’s e-commerce market, planning your e-commerce company model is critical. There are four basic types: Business-to-customer (B2C): A common business strategy in which a company sells goods to customers, such as spices or shoes. B2C companies, such as Amazon, Walmart, and Alibaba, can sell multiple brands under one roof. Business-to-business (B2B): In business-to-business (B2B) models, businesses sell goods or services to other businesses. Repeat purchases are frequently included in orders. Examples include Rakuten, Alibaba, and Amazon Business. Customer-to-customer (C2C) models: In C2C models, online marketplaces that connect consumers to trade and sell goods and services are commonly used. Online C2C marketplaces such as Craigslist, Etsy, and eBay are available. Step 4: Register your business Before you begin offering, you must register your business by selecting a leg...