STARTUPBIZHUB

Starting an Online Bike Store

Starting an online store is probably one of the smartest ideas of someone who loves bicycles. Online stores have seen tremendous increase in numbers according to sales in the recent years.

In this article you will learn the ropes on how to start an online bike store.

Online Bike Store Business Plan

In any business venture, creating a business plan is always on top of the list. This is your guide on how you effectively run your online store. List all the ideas that come to your mind, organize your thoughts into writing then plot it down. Arrange and compile all your listed organized ideas. Use ready available templates for business plan making whose format is specifically designed for ecommerce. These ready to use templates are readily available in the market nowadays so wont have a hard time looking for them. It is even available in the web; there is no need for you to go out of your house just to be able to get one that suits your need.

Product Availability and Its Source

If you are going to run an online bike store this does not mean that you do not have stock products and/or goods. Making them available 24/7 is a must in this kind of business since online stores run the same. Stock up on your inventory.

Where do you get your products and/or goods? Of course there will be a need for you to contact as many dealers and suppliers of bicycles. Choose from among them who can give you the best product deals. Make sure that you offer products that you yourself believe in. Business is not just all about money you also have to earn the trust of your client which is very important in any business. This is your way of creating a steady base of clients and these clients will more likely refer you to their families and friends. Word of mouth is one of the most effective way of advertising and the best part of it you do not have to pay for it.

Merchant Account

All online business requires a merchant account. Payment made through ecommerce is more often than done is through credit card payment. A merchant account used to be costly but Paypal is the newest trend of accepting payment made through credit card without having to pay a set-up fee.

Hire an Excellent Web Designer

An excellent web designer is what you need in order to create you online store. Your web designer will help you in all the technical aspects of your business, from creating a domain name, choosing the best web host to tie up with and choosing the best and the most suitable ecommerce software to run your online store.

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2 Comments

  • Gaetano Pellegrino said on April 26, 2015
    Dear Sir/Madame, I am writing you to get some advices on starting an on-line bike shop with a contact point on street. I am located in Coalville, Leicestershire, UK. I have seen loads of chain shops/dealer and even small shops that mainly sell bikes, not look after their clients, whenever I entered one of them, I had almost the impression that my bike (still sold on-line as used at £500!) was just an alloy had to be thrown away and only their brands were the good ones! Since I have already a well paid professional job, even only £200-£250 earn on a over the top bike is ok for me at the moment. Could you please give me some advices? I am already getting in touch with the most known bike names, but I think I need a professional advice from people like you! I will look forward for your reply, With the Kindest Rewgsrds, G Pellegrino
  • Subhash said on September 6, 2015
    I want sell bike online in India Maharashtra Pune. One of my friend have website design company. So I can build the site but not sure from where to start how to contact with suppliers etc

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