Choose a meaningful name for your business or store. This seems simple, but not everyone does it right.
When naming your brand, keep the following in mind:
- Keep it short and simple so customers can quickly remember your name. Ideally one or two words and no more than three words.
- Different and unique. This is what will make customers remember you longer and not confuse you with competitors or other brands.
- Do not name a brand that is similar to a registered trademark. You need to do your research to avoid this mistake, otherwise you may be sued for trademark infringement.
Online business planning
Writing a detailed online business plan helps to realize your idea, and you can fully identify the options, strategies, budget, personnel and possible risks when implementing the idea.
When creating your online business plan, analyze your competition and SWOT (Strengths, Weaknesses, Opportunities, and Threats). A detailed and careful analysis of your business plan will help you evaluate the entire idea and its feasibility.
Determine capital for online business
Capital is an important factor laos whatsapp number data when starting an online business. You need to determine how much capital you have, or where you can borrow to implement your business idea.
To be safe, you should start with a small amount of capital and gradually expand the investment scale and capital turnover.
If you sell physical products
The capital outlay may be higher because you need money for importing goods, warehousing, etc. Carefully calculate all the costs needed for online business. One advantage of online business is that you can cut costs for premises, stores, sales staff, etc.
Finding a good source of goods at a reasonable price will help you create a competitive advantage. There are many sources of good wholesale prices. Take the time to research or consult experienced people.
Choose the right online sales channel
Nowadays, online benefits of gamification marketing business has become easier than ever. You do not necessarily need to have a store to sell products, but just effectively utilizing online sales channels will help you do business successfully.
Selling on social networks like Facebook, Zalo, Instagram is a popular business trend that anyone can do, as long as you have a product or service to sell.
Implement online business ideas
After having a detailed plan gambler data and products to sell. You can start your online business. Start building the selected online sales channels, starting with creating a Page, website, booth and posting products so that customers know you.
Then, to reach the maximum number of potential customers, you can run Facebook Ads, SEO campaigns,… or promotional programs.