The Newbie Guide to Passive Income Online: What Is It and How to Get Started

Many individuals and entrepreneurs want to make money online, but without the hassle of selling inventory out of their basement or keeping track of a long list of services.

These are the people who would benefit from an online e-commerce store, where there is no inventory and most of the operation is set up as an automated system.

With the help of professional website builders, you can get your e-commerce site up and running in no time. There are a variety of templates available to help you set up just the right style of website that will bring in the customers your business needs.

Here are the following steps you need to take to set up a profitable e-commerce website.

1. Pick Your Products

You will need to decide what type of products you wish to sell on your website.

It doesn’t matter if you don’t know that much about these items, although it would help. You will not be keeping any items in your home, so there is no worry about if you will have enough space for inventory.

It would be better if you knew something about the items you are selling, but again, it is not necessary. You can sell a variety of items, as many websites will do. Or you can concentrate on a certain niche market like cooking items or dog and cat food and accessories.

2. Choose a Business Model

This means you can decide if you want to sell your products only through your own online store, or join a marketplace such as eBay, Amazon or Etsy.

The choice is yours, but remember,  with more exposure, you will get more sales.

Read also: How to Start Selling on Amazon and Actually Make Money

3. Use a Website Builder

Unless you know how to build a successful website, one that really can sell your products, use a website builder. These templates will allow you to go step by step to creating a unique and profitable website.

Be sure to make your e-commerce website user-friendly and one that will showcase the items you are selling in the best light. This can encompass photos, descriptions, and testimonials from customers who have actually used the items.

4. Choose Payment Methods

Decide which payment methods you will allow your customers to use when they check out of your website store.

Some credit card companies will charge you a fee if you do not have enough business, so it is worth your time to investigate all the diverse options for collecting payments.

5. Shipping

You will need a shipping partner to deliver the products to your customers. It pays to shop around for the lowest price as most shoppers do not like to pay much for shipping.

You may be able to make a deal with a shipping company for a lower rate if you reach a certain number of orders per week or month. This will save both you and your customer’s money.

Setting up an e-commerce website is a lot simpler than one might think, especially if you use a reputable company that knows how to handle online sales.