Online Retailer Business Plan

Online Retailer Business Plan-76
When you sell online you can support different business models. If you want to sell to other businesses like wholesale or re-sellers then the model will be B2B.

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There are a number of options available that enable your business to sell online but we recommend to most customers that they use a fully hosted e Commerce Solution.

A hosted e Commerce Solution, sometimes called a "Cloud" or "Software as a Service - Saa S" means that everything that you need is provided in one package.

The fee will generally vary based on the size of the online store and the features that are available.

There are other options like open source software and shared hosting but you will need web technical skills to go that way or you will need to find a web developer / designer to do the job for you.

You can develop your own business plan easily and then share it with your advisers or partners.

You can find more information about what is in a e Commerce Business Plan here.To help you get started we’ve created an example business plan for a retail business.Our example focuses on a pet store company, but it will work as a framework no matter what product you’re selling.It includes the use of software and hosting with service and support provided.Importantly hosted solutions come with updates, upgrades and maintenance as part of the deal and they are the service providers responsibility.You may only want to sell in Australian Dollars right now but things can change.The solution that you choose should be multilingual and multi-currency meaning it can support many languages and every currency type in the world.If you use the right technology and hosting partner we will take care of all the technical stuff and also provide you with a service level agreement. You can get more information at our FAQ page on TIP # 1: - starting an online store can involve some work; you need to manage orders and customers, update and add content, manage marketing and social media, and setup the store.So you need to be able to use the administration and content management system provided.Click the ‘Download Tool’ button to gain access to the word document.You can also find the same example in the Business Plan Writer, our free online tool that guides you through the process of starting your business.

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