In today's digital age, making money online
has become an increasingly popular option for many. The internet offers
countless opportunities for individuals and businesses to make money online
without any much of upfront investment. For local shopkeepers, artisans, and
Self-Help Groups (SHGs), the internet offers a plethora of opportunities to
reach a wider audience and boost sales without the overhead costs associated
with traditional brick-and-mortar stores. But of course, you will have to spend
on digital marketing to reach your customers.
Getting a custom designed website usually
costs a lot time and money. Becoming an Amazon seller could be one good option
but be ready to pay 20% to 30% commission on every order. This means that you
cannot sell low margin goods over Amazon. Mostly manufacturer could sell and
gain profit on Amazon. So, the question arises: how to begin our online
journey?
If you're looking to sell products online
without incurring hefty fees, MyDailyGoods is the perfect platform for you.
This guide will walk you through the steps of selling online for free,
leveraging the benefits of MyDailyGoods. As giants like Amazon and Flipkart
dominate the market, smaller players often struggle to compete. MyDailyGoods, a
startup registered under the Startup India initiative, is dedicated to leveling
the playing field by providing local sellers with an online platform that
offers a sustainable and profitable alternative to selling on major e-commerce
sites.
- Wider Reach: Access customers beyond your
local area.
- Lower Costs: Save on physical store
costs. Any number of customers could access your products, online shop at same
time. No need to worry about sales staff or shop physical area.
- Flexibility: Operate your business from
anywhere. Online shop could be managed from anywhere. Whether you are in the
main market or operating from home, online shop has no difference.
- 24/7 Availability: Your store is always
open. Your customers could place orders anytime as per their convenience.
Before you start selling online, decide which products you want to offer. If you are already a seller then it’s even better. Because you could easily approach your existing customers and provide online shopping facility to them to increase your profit to begin with. Expanding your customer base is a parallel activity. For beginners, consider the following:
- Unique Selling Points: What makes your
products special?
- Market Demand: Is there a demand for your
products online?
- Selling Price: You need to calculate and decide that the manufacturing, overhead costs including packaging and delivery is feasible for the customer to buy that product online or not. You might have to think over strategies where you provide coupons to make cart value over an amount to lower your deliver and packaging costs. Sometimes you might have to club products under one product to increase your margins.
How to make money? The answer is simple. Study the market. Invest your time and money where you could achieve long term benefits. Setting up an online store is easier than ever, especially with platforms like MyDailyGoods, which offer a zero-commission, zero-setup cost solution. Here’s how to get started:
Visit MyDailyGoods and sign up for a free account. The registration process is straightforward and only takes a few minutes. As soon as you select shop type, your banners, categories, theme color gets set. 45+ types of shops could get online with us. Below is the view of few shops from which one could opt for: