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How To Get An E-commerce Website Like JUMIA For Just N55,000 - Business - Nairaland

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How To Get An E-commerce Website Like JUMIA For Just N55,000 by businessMODE(m): 9:24am On Oct 22, 2016
If you live around Lagos, Abuja, or any of Nigeria's mega city, you will notice the massive campaign our two eCommerce giants (Konga and Jumia) are doing. This is affirming the claims that each of them has at least 1 million customers who patronize them at regular intervals.

[This post will show you how you can get an eCommerce website like the image seen below for just N55,000. The estimated project cost is N275,000, but you can get a crowdfunding for it... in the meantime lets check the preliminaries]

The fastest way to make money now is by taking advantage of the about 50 million Nigerians who now use the internet for day to day activities.

Here's an inspiring fact for anyone who want to starts an online business:

According to Euromonitor International data, Nigeria boasts the largest online market for apparel and footwear in Africa, which is expected to grow from US$104 million in 2014 to $1billion in 2019.

The building blocks for future developments in e-tailing are emerging in sub-Saharan Africa, as a growing middle class and young population create a demand for products that store-based retail simply cannot meet, due to a lack of shopping malls and gridlocked cities.

Advancements have been most notable in Nigeria where a surge in telecom investments and smartphone purchases has fuelled growth in internet usage from 20% in 2009 to 41% in 2014.

Furthermore, according to Euromonitor International data, Nigeria boasts the largest online market for apparel and footwear in the region, which is expected to grow from $104 million in 2014 to $1,077million in 2019, mainly due to the dynamic development of trusted e-tailers, Jumia and Konga.

Here is what you need to start an eCommerce business and make money online even during this on ...

1) A Business Plan
Writing a business plan seems daunting. You might say, "I'm starting a business, I don't want to sit down and write a paper, like I'm in school." But think of it this way: it's free, and it will help you immeasurably. Real businesses have business plans.

2) A Reliable Source for Your Product
If you're selling hand-sewn Korean quilts, are you confident the price of yarn isn't going to skyrocket three months from now? Do you have more than one wholesale source? Hopefully yes, otherwise you could be in trouble. The best problem of all: if you make your product in your basement, can you handle success if you suddenly get 125 orders? Make sure your supply line is steady before you plunk down your money. The internet can turn you an overnight celebrity to the extent you may not be able to handle your sales.

3) A Good Domain Name
When you try to register your business's domain name, you'll probably find that the name you want is already taken. The ".com" version is typically far better than ".net," because browsers default to ".com." Be aware that your URL affects your search engine ranking, so if you want to be found for "shoe," it's a good idea to fit "shoe" into your domain name. One way to do this is to use your brand name along with a keyword term. So MillerShoe tends to work better than FantasticShoe.com. (Which is why MillerShoe is taken, but FantasticShoe is still available.)

4) A Reliable Web Host
Your Web hosting service is the technical backbone of your site: its service and support options will play a big role in your business's operation. Hosting companies usually charge monthly, and the cheapest company isn't always best. Choose carefully the first time: once you pick your Web host and install your files there, moving to a new host is, at best, a major headache. Ideally you'll choose a good one and stay there.

5) A Web Designer
Many Web design software packages are so easy to use that business owners think they can design their own site. That's a mistake.
Homemade Web sites aren't like homemade cookies. No one likes the way they look. Worse, an ugly site makes shoppers wonder: should I enter my credit card number in this funky looking site? Select a Web design firm with great care, and be prepared to pay for quality work — you'll get nowhere without it. On a related note, you'll need a steady flow of product shots. Can your Web designer handle your photo needs? I recommend a customer friendly firm www.hostingmogul.com very affordable. You can use their crowdfunding and pay just 20% the total cost while 4 other persons pay the other 80% and you still get an uncompromised work. Click on the link here >>>http://www.crowd-funding.hostingmogul.com/crow-funding-list/<<< for more

6) E-Commerce Software
This is the software that will run your store, from product display to inventory management to checkout. Selecting your e-commerce software is one tough choice. You can try it out ahead of time, but you won't fully know how you're going to like it until you're up and running for a while. At that point, changing your e-commerce platform is like changing boats in the middle of the ocean. Consequently, you want to do a lot of research before you choose.

7) A Credit Card Merchant Account
To accept credit cards online, you'll need a merchant account, which is an account with a bank or other financial institution that allows you to accept your shoppers' credit card numbers. Setting up a merchant account gets pricey. Banks typically charge a set-up fee, a monthly fee, and a percentage of each transaction. (So even if you have just a few customers, you pay the set-up fee and the monthly fee. Ouch!) So far GTB is ahead with its internet banking.

Many first-time small merchants get a merchant account through PayPal. The company is moving aggressively to gain clients, so it offers a no set-up fee method of accepting major credit cards. But so far, it is still NOT friendly to Nigerians.

VISIT >>>www.hostingmogul.com or CALL 08032910381

BELOW IS WHAT YOUR WEBSITE WILL LOOK LIKE


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