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Basic Requirements for Starting a Multivendor E-commerce BusinessSome technical aspects are to be ensured before and dur...
15/01/2023

Basic Requirements for Starting a Multivendor E-commerce Business

Some technical aspects are to be ensured before and during your multivendor marketplace setup so that it becomes geared for success on launch.

Listed below are the factors you should carefully consider.
1] Domain – The first step toward creating your multivendor online business is getting a reputed domain. You can choose a trustworthy domain registrar to help you get started.

Some of the best ones are Hostgator, Bluehost, and GoDaddy. Modern domains like .shop, .store, etc., allow owners a head start in online marketing.

2] Hosting – The next thing required is hosting. You need reliable website hosting that guarantees maximum uptime. Some of the best providers on the market are Bluehost, Hostinger, and SiteGround.

3] Readymade themes – Some of the most popular places where you can get a readymade theme to launch your business quickly are on platforms like Shopify, BigCommerce, Magento, WooCommerce, and Yo!Kart.

4] Ideal number of pages – Since eCommerce websites and platforms differ from standard websites, they have an ideal number of pages. A high-converting multivendor platform website must contain nine pages as follows:
Home
Category
Products or Services
Shopping Cart
Order
Thank You
Privacy Policy and Terms of Use
Contact and Feedback

5] Support – A multivendor platform has the technical infrastructure capable of supporting numerous vendors and their accounts, along with thousands of product listings and sales.

6] Admin panel – With the help of an admin panel, multivendor marketplace owners can better manage sales, vendor lists, refunds, etc., and monitor the KPIs to enhance the platform’s efficiency further.

7] Support staff – A single person can handle a multivendor marketplace at first. However, when the vendor list increases, its management will require support staff to manage vendors, payments, logistics, etc.

8] Monetization methods – Apart from the traditional transaction commission earnings on sales, multivendor marketplace owners can also earn from platform subscriptions, listing fees, advertising, pay-per-lead for transactions outside the platform, and processing payments for vendors.

9] Technical stack required – The MEAN stack, which includes MongoDB, Express, Angular, and Node.js, is the most widely used technical stack for multivendor marketplaces. On the other hand, the LAMP stack with Linux, Apache, MySQL, and PHP is one of the easiest technical stacks, and the Python-Django stack with Apache, MySQL, or PostgreSQL and Python is one of the most high-security complex technical stacks.

10] Estimated time taken – Although the exact time that creating a multivendor marketplace will require cannot be determined, it may take approximately 350+ hours to build a decent platform with all the necessary tools and technologies.

CHECKLIST FOR WEBSITE DESIGN & DEVELOPMENTTo have a good website you need these1] Domain nameGo with a clear easily read...
15/01/2023

CHECKLIST FOR WEBSITE DESIGN & DEVELOPMENT
To have a good website you need these

1] Domain name
Go with a clear easily readable 2 word domain name
If something is not available you can buy the domain on auction

2] Hosting
Go with good hosting plan. Speed is one of the important factor when it comes to user experience and SEO
There are many hosting providers like GoDaddy, namecheap, HostGator etc.

3] Platform
If you are planning to setup and manage website on your own, you can use CMS like WordPress. There are so many premium high quality themes available for WordPress you can use them to setup a very good looking website

4] Add ons
Use proper plugins like chatting facility, user forms, good logo, brand colors etc.

I feel if these things are addressed you will have a good standard high quality website

BENEFITS OF A PROFESSIONAL WEBSITEBelow are some of the major benefits of having a professional website1] Increased reve...
15/01/2023

BENEFITS OF A PROFESSIONAL WEBSITE

Below are some of the major benefits of having a professional website

1] Increased revenue - Whether the website is selling services or products, whether its traditional marketing or online marketing using a website would surely result in increased revenue

2] Good impression - Wherever your physical office is if there is an awesome website online, that gives a rich first impression to the user

3] Credibility - Would you buy something from someone who has a website or someone who doesn't. Of course, the answer will be someone with a website. The reason is it brings in so much credibility. The moment they read about the company, when they see ways they can contact the company, testimonials, blogs, etc. these things bring credibility to the business

4] Traffic - A website down the lane with a bit of SEO will start to rank for keywords and will bring in organic traffic to the site. This increased traffic would result in more leads and more sales

5] Brand consistency - Every brand will have some colors associated with them and if you have seen a brand on a TV or a billboard and if you happen to land on their websites which has the same colors, and style it will make them feel familiar. They will be easily able to connect with the website

6] Lead generation - A website is a wonderful source to generate leads. SEO can be used to bring in organic traffic, paid ads can be run to bring in targeted traffic. A lead form / a pop-up form can be used to capture leads. Email can be used to nurture leads and convert them into customers

BASIC WEBSITE DEVELOPMENT COSTA website has a lot of elements associated with itBelow is the list of things that makes u...
15/01/2023

BASIC WEBSITE DEVELOPMENT COST

A website has a lot of elements associated with it
Below is the list of things that makes up a website and the approximate cost of those. Again this depends upon your choice for each element

1] Domain: This is the first thing that you will need and it cost around 1500 Rs per year.
If you want a particular domain name that is already taken then it would cost more, they are some domains that are sold for millions of dollars too

2] Hosting - This if you are going with good hosting would not cost more than 7000 Rs per year.

3] Design - If you are using premium templates whether HTML or CSS-based or WordPress based, it would cost between 1500 to 7000 Rs dollars. This assumes you know how to customize according to your needs.

4] Content - Whether you are going to write or get it written
5] Images - whether you are going to create or buy premium images

6] Plugins - There are a lot of plugins out there fulfilling different needs. We would need some plugins as part of basic WordPress sites. We can also use a lot of premium plugins depending on the features we want in our website

To summarize
Domain + Hosting + Design + Content + Images + Plugin = this would vary between 10,000 rs to 50,000 Rs

5 benefits of outsourcing website developmentSo you have a wonderful business idea in your mind and want to take it live...
13/01/2023

5 benefits of outsourcing website development

So you have a wonderful business idea in your mind and want to take it live.
The fascinating thing in this era is around 750 million people in India use the internet and the fastest way to reach your potential customers is through a website.
Not only website helps you reach your customers it also shows professionalism and increases your business credibility

So now comes the question of whether you should build the website on your own or outsource it.

The first option you have is to build on your own. This again boils down to what kind of website you are looking for, is it a simple HTML static website or a build-it-yourself kind of website based on a WordPress theme, or a custom website fully loaded that is feature rich. If you already know what is that you want and if you have the skills to build then it Is just a matter of weighing your time over the money which you will save.

The second option you have is to hire a professional who can build it from scratch. This approach has its own advantages and disadvantages. The main advantage is you will be in the driver’s seat when it comes to trying out different layouts, and color combinations or adding or removing features.

No restrictions on the number of change requests you have for the website. Quicker turn output when compared to calling the agency, fixing an appointment, conveying, and waiting for days to see those changes.

Disadvantages are resource onboarding cost and salaries.

Lastly, If you are thinking of outsourcing and are not able to decide on it, then these benefits of outsourcing should help you decide easily

1] Cost savings:
If you are getting a website done at a good price you will save significantly compared to hiring a resource to do it or even when compared to you building on your own

2] Access to an Expert team:
Website is the first thing any business gets done and usually, if you ask for a portfolio for any agency, they will happily show you a list of websites they built. The team which is dedicated to building a website will obviously have gained immense experience when it comes to building a high-standard website. They will know what a professional website should have apart from the basic design which is visible to much more important things like safety, loading speed of a website or mobile compatibility, etc

3] Time
Agencies will have a team working on different projects and if you want a project to be done and live in a specific time they can deliver because they will have the necessary experience and skill set, to give an example: they will have different reusable code and templates to kick start website design process and also the major advantage is they can easily distribute work between members to get it done at the shortest time.

4] Support
End of the day all you need is a fast, secure and with maximum uptime website and when an issue does come, you want someone who can fix the issue in the shortest possible time and that is when support comes into play. With every new website, you usually get 3 months to 1 year of support from the company which built it.

5] Scalability
As the business grows new features and new requirements do crop up. It might be simple as adding one more item in the drop-down menu to a complex thing where more data of the customer needs to be captured and reports to be generated. Whatever the requirement when it’s outsourced you will have an easier and faster option to scale your project

There are many more benefits to outsourcing a website, but these major benefits should help you decide which option to choose whether to build or hire staff or peacefully outsource and concentrate on other business building activities

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