E commerce business in India is flourishing like anything and along with it the competition is also worrying many sellers. Apart from just being on top the most important factor that affects ecommerce business in India is the profit from it. Online shopping business in India or having an online store in India is going to be huge in the coming days and we need to be prepared for it and hence I thought of preparing this video for you lovely people.
The costing mainly includes these factors which are purchase price, selling price, commission, inward shipping cost, outward shipping cost, service taxes, packing costs, wedges and sales tax difference. You have to always consider packing cost, wedges, service tax, and sales tax difference before you finalize your profit margin or else the chances are very high that you will incur loss.
Every young person wants to know how to start ecommerce website in India or an online store but there are few basic things that needs to be practiced before you create ecommerce website. Creating ecommerce website is not that tough but to generate profit out of it is tough. While creating ecommerce website you also have to have ecommerce software and many other tools which will be an added cost to it. If would be wise if you calculate all expenses in a product costing so that you get real idea as to how much you are going to earn from that particular product. Remember, ecommerce website price is not that high but the operating cost is very high. So just give it a thought and then plan for ecommerce website or an online store. E commerce India is a big thing now and everyone wants a piece of it so it’s going to be real tough in the coming days.
India is a land of opportunity and hence many startups like flipkart, snapdeal, paytm along with amazon and ebay are doing so much of ecommerce business in India. Online marketplaces in India know that there will be a time when Indian consumers will prefer to have purchase the products online that through retail market because of the price factor. And that’s where the costing comes in the place. If the costing is done well, you will be able to sell good number of products through various online marketplaces such as Flipkart, Snapdeal, Paytm, Amazon, Ebay, Shopclues and many more.
If you have not taken costing seriously yet, then I would suggest that you please start doing it because ecommerce India is a different ball game and e commerce business in India. Online marketplaces or having an online store in India will surely help you to understand these factors but they won’t detail it out the cost of labor and inward shipping so it would totally depend on you how much profit you can make through online shopping business in India.
If you have any doubts, questions or suggestions then please feel to write in the comment box and I will surely get back to you.
You may refer to the below links for other similar tutorials.
Learn How to register on Snapdeal com marketplace to sell products in Hindi
How to register on Marketplace Amazon in to sell your products in Hindi
Learn How To Register And Sell Products In PayTm in Hindi
Learn How To Register And Sell on Ebay.in in Hindi
How To Add Products in Amazon.in and sell products online in Hindi
How To Add Products in Snapdeal com and sell products online in Hindi
How To Add Products in Ebay.in and sell them online in Hindi
How To Add Products On Paytm and sell products online in Hindi
How To Process Orders in Ebay India Explained in Hindi
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How To Process Orders in Snapdeal Explained in Hindi
How To Process Orders in Paytm Explained in Hindi
How To Add Products in Ebay Through Mobile App
How To Add Products in PayTm Through Mobile App
How To Add Products in Amazon Through Mobile App
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