Building an online store is an exciting adventure. At the same time, it’s a challenging step too until you have read this blog on how to build an online store using self-hosted eCommerce software. However, before diving deep into this blog, let’s look at why entrepreneurs or businesses seek their online stores, supposing you are one of them.
Today, building an online eCommerce store is an excellent approach to reach out to a broad audience and achieve business goals. It helps you become more visible to your potential customers. In addition, unlike physical stores, it doesn’t limit your business presence but gives you access to limitless opportunities by allowing you to expand your reach to the maximum. The consequence is that the more you reach customers, the more you will get visitors, the more people will browse the products or services you offer, and the more you will get the opportunity to generate revenue and grow your business.
A glimpse of eCommerce growth and online shopping:
All of the above statistics uncover the potential of eCommerce and opportunities for entrepreneurs and business owners with an online presence. Now, let’s focus on the blog on how to build an online store:
An online or eCommerce store is a website, app or platform where the seller sells or serves their products or services online to its customers digitally. These platforms are easily accessible to customers. They provide online shopping options to buyers who browse products or services to make purchases using the internet through their preferred devices. While making online purchases, buyers can initiate payment either online or COD at their convenience.
In addition to the convenience of shopping, the range of products or services online stores offer is wide. Buyers get access to a wide range of products or services at competitive prices. Also these online stores ensure delivery at the customer’s doorsteps, one of the significant advantages of online shopping. Unlike brick-and-mortar stores, they don’t limit offerings to a limited area but can reach out to the global audience available on the internet.
A self-hosted eCommerce platform is also known as on-premises software. It allows entrepreneurs or business to launch their eCommerce platforms on their preferred server. A self-hosted software offers complete control over the platform’s infrastructure, data, security and updates than a hosted or SaaS-based solution. In addition, it offers more flexibility, control and additional advantages than hosted software. However. what additional you need to manage is hosting, where you host your eCommerce platform.
A self-hosted eCommerce platform comes with several benefits, including platform ownership, control, security, updates, flexibility with customization and scalability. Let’s break down these benefits below:
The access to your online platform is not just limited to having login access, it’s something like gaining complete authority over your platform. Unlike hosted eCommerce platforms where your access is limited or unavailable, self-hosted platform offers complete control.
A self-hosted platform provides access to the source code that permits you to customize your platform from the back end. From design to functionality and customizable features to third-party app integrations, it gives you the flexibility to craft your platform according to your preferences.
Whenever it comes to building an online eCommerce store, scalability is always the first and foremost consideration. That’s exactly what you get with self-hosted eCommerce software. It gives you the opportunity to grow your online store with your growing business needs. One can easily manage server load, performance, storage and many more elements with a self-hosted eCommerce solution.
Cost-effectiveness is one of the significant advantages of a self-hosted platform in the long run, especially for businesses with large-volume transactions. It helps you avoid recurring subscription or maintenance fees and commissions on transactions.
A self-hosted eCommerce software gives you the flexibility to host a platform on your preferred server that allows you to control the security parameters. You can implement robust security measures and give an additional layer of protection to your platform.
A self-hosted eCommerce store software gives the opportunity to host your platform on a dedicated server. In addition, it gives access to the hardware, control over configuration and more contributing to faster processing speed and platform performance.
Building an online store using self-hosted platform software is truly straightforward. You can simply launch your website in just three steps: deciding the domain name, selecting a platform and in the third step, your website will go live. However, launching your online store properly requires market research, analysis, planning and several more steps to follow. So, let’s break down these steps to help you build a perfect online eCommerce store.
Finding an idea is the first step to start your online store. It requires in-depth market research and competitive analysis to find the gaps and pain points of the customers that others are missing. This will help you select the products that you are going to sell your customers. Of course, you can’t sell anything, you need to know what customers are looking for. This is how you can find an idea and product.
Once you are done with the idea and product selection, the next essential step is to identify your target audience to whom you will be selling your products. In this way, you can understand customer’s behavior and tailor your platform according to their preferences to attract them. In addition, you can also define your marketing channels according to age, gender, group, location and interests.
A domain name is basically text that represents your online store on a search engine like Amazon.com. However, deciding a a domain name is a smart play. It should be short, easy to remember, and straightforward to pronounce. It helps generate recall value among people and find your online store easily.
eCommerce software is the solution that helps you launch your online store. A fully functional eCommerce platform supports all the features and functionalities in order to ensure a smooth and hassle-free shopping experience.
Primarily you can launch your online store using three eCommerce platforms including open source, SaaS, or self-hosted. However, a self-hosted solution can be the most reliable option for launching your online store. It offers more flexibility and control than any other eCommerce platform.
Once you finalized your eCommerce software, now you can customize your online store according to your brand guidelines and identity by changing color, theme, navigation and more. In addition, the target audience and their preferences should be the top priority while customizing your eCommerce store. Therefore, align the platform according to your customer.
Again when it comes to flexibility in customization, a self-hosted platform is always the first choice.
Product listing is the most important step before you go live with your online store. Always be careful when adding products to your website because this is what you are going to offer on your platform. Make your listing as user-friendly as possible by adding short and informative descriptions, high-quality images, videos and more so that your customer can relate them to their requirements. In addition to all the above, don’t forget to ensure that buyers can easily search and navigate products on your platform.
In the final step, you can go live by launching your online store. Also, run marketing campaigns to target your potential customers in order to drive more sales and success. However, innovation and time-to-time updates are always crucial to keep your online store thriving. Therefore, always keep working on innovative ideas and valuable feedback, optimize your platform from time to time and keep growing.
Tribe is a self-hosted online store builder developed by Yo!Kart Team. This turnkey solution empowers aspiring entrepreneurs and offline stores or businesses to launch their own single-vendor eCommerce store. Tribe is highly suitable for businesses of all sizes, including small, medium and enterprise levels. It supports all essential features, functionalities and tools to launch, operate and grow your online stores effortlessly. In addition, Tribe also allows easy integrations with several third-party applications in order to extend its features and offerings.
Today, a large number of the worldwide population is using the internet and most of them are shopping online. It shows that one can easily grow with the growing eCommerce landscape. However, you have also explored a few statistics in the same blog indicating the opportunities to take your businesses online. You can easily reap the benefits of this growing eCommerce world by launching your own eCommerce platform. However, if you are an entrepreneur or business owner who is looking for a solution to launch your online store, choosing a self-hosted eCommerce platform can be more advantageous.
In the same blog, you have also explored the advantages of choosing self-hosted software over any other platform type. At the same time, you have also explored how Tribe, a self-hosted eCommerce software can be your partner in introducing a feature-rich online eCommerce store.
All innovation starts with an idea to solve real-world problems. At FATbit Technologies we are passionate about driving digital transformation to prepare businesses for a digital-first tomorrow. Let’s discuss your BIG idea NOW.
Disclaimer: The Blog has been created with consideration and care. We strive to ensure that all information is as complete, correct, comprehensible, accurate and up-to-date as possible. Despite our continuing efforts, we cannot guarantee that the information made available is complete, correct, accurate or up-to-date. We advise - the readers should not take decisions completely based on the information and views shared by FATbit on its blog, readers should do their own research to further assure themselves before taking any commercial decision. The 3rd party trademarks, logos and screenshots of the websites and mobile applications are property of their respective owners, we are not directly associated with most of them.