Building an online store goes beyond just understanding the market you’re about to enter. You also need a grasp on branding, web design, and content strategy. This may seem like a huge amount of work.
We’ve broken this down to 13 steps that will simplify your own ecommerce development process and help you reach your business goals.
1. Figure out what you’re going to sell
The first step in ecommerce development is figuring out what you’re going to sell. What excites you?
Building an online store around your passions translates into a business you’ll enjoy running. Whether you’re into boutique guitar effects pedals, fishing lures, or high-end watches, finding your niche doesn’t have to go any further from what you already know.
But, of course, plenty of businesses have been launched for other reasons. Maybe you see a need in a particular market and want to offer potential customers product solutions to solve the problems they’re having.
Whatever your business goals, an ecommerce project needs to be guided by research about both the products you’re selling and the people you hope to sell them to. This can make the difference between success and ending up with a stack of merchandise that you can’t get rid of.
Know the market you’re entering. Be aware of what products succeed and the trends that have come and gone. Running an ecommerce website means not only knowing what potential customers may need right now, but what they’ll want in future.
And there’s the competition. If you want to enter a space with heavy players, with equally as heavy marketing budgets, it’s going to be a struggle to make any sort of headway. Finding a niche with a bit more breathing room can give you a better chance. Entering a space with a novel approach, unique branding, and a better user experience than the competition can also work in your favor
2. Determine your ecommerce business model
Several types of ecommerce business models exist, but the 2 main categories are business to business (B2B) and business to consumer (B2C). Knowing the difference — and knowing where your ecommerce business falls — is important.
Business to consumer (B2C)
The bulk of online shops we interact with are business to consumer (B2C). Whether it’s Amazon, Zappos, or Target, whenever we hit that checkout button, we’ve completed a transaction on a B2C website. Items or services on a B2C website are sold straight from businesses to the general public, without any third parties getting involved.
Business to business (B2B)
Business to business (or B2B) are, as the name suggests, businesses that sell to other businesses. These are companies that might manufacture something, are a wholesaler, or provide services and products within a given industry. ROOM is a great example of a B2B ecommerce business.
3. Know your audience
One advantage of starting an online business in an area you’re familiar with is that you already know your audience, as you’re a part of it. But even if you already know your customers, doing a bit of work to understand them better is beneficial for any ecommerce business.
Understanding who your potential customers may be touches every part of the ecommerce development process. Everything must be tailored to your potential customers: the user experience and user interface, visuals of the web design, the content, and more.
You should know the details about who your potential customers are. What’s their background? What’s their income range? How old are they? And what competitors’ websites are they likely to purchase from? All of this information will help you create an ecommerce business personalized to their tastes and needs, building a stronger connection with them and making for a better user experience.
4. Come up with a good business name
Don’t fall into cliches or name your business something that’s too close to your competitors. You need to stand out. A unique name will distinguish yourself from everyone else inhabiting the same market space.
Make it succinct
Brevity makes for better business names. Can you think of any ecommerce sites or storefronts that go beyond one or two words? We’ll give you a minute. … We didn’t think so. Short names make for better brand recognition — just ask Apple, Etsy, or Google. People want something that’s easy to remember and not convoluted.
A bland, uninspired name can diminish a brand no matter how great their products or services may be.
Think Mailchimp, Blue Apron, or even the grocery store Sprouts. All stand out in their respective domains by having names that are unique and dissimilar to others sharing their space. Give your ecommerce website a name that will wow people by being so different.
And let’s not forget being able to snag a domain name — a unique brand name means you have a better shot at getting your ideal domain name. With a little ingenuity and wordplay, you may be able to come up with something pretty close if your ideal domain name is already taken.
Granted, .com may be the go-to top level domain, but there are a variety of others you can use if you can’t find an available URL. You may find something available in .biz, .shop, .solutions, or .online, among a host of other domains.
5. Purchase a domain name
Okay, you have a business name and found a URL that’s available. Before you even start building out the store, go ahead and register the domain name. A lot can change quickly on the web, and that perfect URL might be snatched up at later stages of your ecommerce website development. Purchase your domain name now so you don’t have to worry about it later. Trust us.
6. Determine your branding
Brands like Coca-Cola, Starbucks, and Apple have ingrained themselves into our collective psyches. With iconic logos, visual identities, and way of speaking, these brands have a tighter connection with their consumers than companies whose identities are less defined. Branding gives businesses an emotional resonance, transforming them from anonymous entities into ones that we have feelings toward. It’s what makes consumers have brand loyalty.
An ecommerce website also needs to have a memorable logo, color palette, and a distinct voice. All of these different elements of a web design come together into a user experience driven by the brand’s personality.
Another vital aspect of branding is telling the story of who you are. Your audience should know why your ecommerce website exists and the people behind it. Without humanizing your brand, you’re just another anonymous digital portal. Most of us are hesitant to enter a credit card number into an anonymous website devoid of anything more than product specs. Personalizing your brand builds trust.
And, of course, your brand must have a voice. Voice is what transforms your content from being a dull monologue into writing that’s active and engaging. No matter what you’re selling, your brand’s voice can distinguish it from the competition. Think Gillette versus Dollar Shave Club or Purple Mattress in contrast to Tuft & Needle. Voice means having an identity that makes your brand recognizable. This brand voice will touch everything from the content on your ecommerce website to your social media. Make sure that it’s consistent and unique.
7. Find the right ecommerce platform
You have quite a few options when it comes to ecommerce platforms — like Magento, Shopify, or a plugin like WooCommerce with WordPress — to run your ecommerce website. And there are certainly benefits and disadvantages between the different ecommerce products out there.
These key features should be a part of the ecommerce platform you decide to power your own website:
- Responsive design: Whether it’s being viewed on a desktop, mobile app, or other mobile devices, the ecommerce platform should offer a consistent experience.
- Product management: Every part of the workflow of adding, editing, and keeping track of inventory should be simple to accomplish. You should also be able to offer multiple versions of a product, as well promotional or sale pricing when needed.
- Content management system (CMS): You need a CMS for updating and editing dynamic content like blogs and news, as well as other reappearing blocks of content in a design. Having a CMS can go far in keeping your website updated with new content supporting the products you sell.
- Shopping cart: Be able to customize and style a shopping cart so that it fits seamlessly into the shopping experience.
- Checkout page: Just like the shopping cart, you shouldn’t be stuck with a checkout page that you can’t modify or customize.
- Payment processing: Have the functionality to accept payments from credit cards as well as from electronic payments like Apple Pay, PayPal, Stripe, Google Pay, and other common payment gateways.