Start and Build your E-Commerce Website Easily
Did you ever aspire to start and build your e-commerce website? Or do you run a business but do not have a website for it? Or, are you one of those who wonders why an e-commerce website is so important? If the answer to the last question is yes, then let me show you the stats and explain the potential and growth of building your e-commerce website.
Why should you build your E-Commerce website?
According to the statistics published on statista.com, the e-commerce market is projected to reach a revenue of $113.50 billion in 2023 and will grow further at a compound annual growth rate of 13.96% through 2027. This growth rate would result in a projected market volume of $191.40 billion.
Furthermore, the number of users in the e-commerce market is expected to reach 1,090.1 million by 2027, with a user penetration of 58.0% in 2023 and a projected increase to 74.2% by 2027. The average revenue per user would come to $137.90. If this reason isn’t enough to convince you, read further to learn about other reasons you must build a website for your business.
Reasons to build your e-commerce website:
There are five significant reasons you should build and run your e-commerce websites. They are:
To reach a wider audience:
An e-commerce website helps you reach customers globally as long as they have internet connectivity. This platform allows you to expand your customer base and increase sales.
To sell products 24×7:
Having your website gives you a platform your customers can purchase your products at any time of the day or night. This feature can be handy for businesses that operate in brick-and-mortar stores with limited hours.
Lower overhead costs:
It is more cost-effective than a traditional retail store, requiring less overhead costs such as rent, utilities, and staff.
Easy to update and maintain:
Your website can be easily updated with new products and information, making it easy for you to keep the customers informed and up-to-date on your offerings.
To increase brand awareness:
With an e-commerce website, you can showcase your products and brand to a broader audience, potentially increasing brand awareness and customer loyalty.
After explaining the e-commerce market growth potential and why you should build your website, let’s move further to how you can develop your e-commerce website.
Steps to start and build your E-Commerce website:
Starting and launching an e-commerce website can seem daunting, but it can be a rewarding and successful venture with careful planning and attention to detail. The following are a few simple steps to get you started:
Choose a niche:
It’s essential to choose a niche that you are passionate about and that you understand well. This selection will make it easier for you to research and source products, and it will also help you create content for your website that is authentic and engaging.
Choose a platform:
Several e-commerce platforms exist, such as Shopify, WooCommerce, and Magento. Each forum has its pros and cons, so it’s essential to research and compares them to see which is best for your business. If you are hesitant to use those platforms, then you can opt to create your own website through
Set up payment processing:
To sell products online, you’ll need to set up a way for customers to pay for their purchases. This process typically involves setting up a merchant account with a payment processor like Gpay or Paytm.
Source products:
Once you’ve chosen a niche and a platform, it’s time to start sourcing products.
Several ways to do this include wholesaling, drop shipping and manufacturing your products.
Design and build your website:
Now it’s time to create an online home for your business. Choose a website design company that reflects your brand, and consider hiring a web designer or developer to help you build it.
Launch your website:
Once it is built and fully functional, it’s time to launch! Make sure to promote your website through social media, email marketing, and other channels to drive traffic and sales.
If you do not possess the skills to design and build your e-commerce website, worry not, as GKM IT will take care of the entire website development through our expert developers.
Why choose GKM IT to build your e-commerce website?
At GKM IT, we are an IT outsourcing company focusing on product development and technical consulting. We have a team of experts specialising in web, mobile, and infrastructure development. We aim to work with you as a team to make your idea a reality. We have the skills and expertise necessary to bring your product to life, and we are committed to helping you every step of the way. If you have an idea for a product and need help turning it into a reality, we encourage you to reach out to us. We would be happy to discuss your project in more detail and explore how we can help you bring your idea to life.
Summarising start and build your e-commerce website:
Though the competition is vast in the e-commerce industry, the Indian e-commerce market still has great potential on the global front to achieve higher success rates and sales, especially around the festivals of Diwali and Eid-ul-Fitr. You can read about our digital marketing services if you want to promote your business digitally.