Before the Nuts and Bolts: Getting the Right Mind-set

Before I launch into the exact steps that you would take to set up your retail business properly on the Internet, let me make sure I prepare you for the road ahead.  Opening a store on the Internet has some similarities to opening another brick-and-mortar store.

It’s true that you don’t pay rent for an Internet retail business.  Nor do you pay for fixtures, utilities, or any other physical elements that you had to buy when you put your brick-and-mortar store there.  Further, when you first open your Internet retail business, you don’t need to buy more inventory (until things take off) and while there is some personnel expense (Web designers, integrators, and possibly marketers), it’s not as costly as hiring store managers, sales staff, cashiers, and stock personnel.

There are two areas that you https://camround.com/  will have to be prepared to invest in.  The first is the creation of the Web site.  Your Web site has to be professionally designed and must contain vital features to interest your customers.  These features are discussed in detail below.  Your Web site’s look and construction are direct reflections of your store name and personality.  Just as you took time to perfect your brick-and-mortar store’s looks, you must do the same for your Internet retail store.  Take the time to establish the right color scheme, layout, photography, and presentation of the site.

The second area that you will have to invest in is advertising.  Be prepared to spend far more on advertising on the Internet than you do for your brick-and-mortar store.  At first, this makes many retailers roll their eyes and not want to proceed, but keep in mind that your total expenses for an Internet retail business should be far less than a brick-and- mortar store.  As such, although the advertising can be costly, the benefits should outweigh this.…

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