Most people don’t have any idea how to setup a successful ecommerce website. The group that I’m writing about is refer to individuals who like to have some part-time income from the Internet, without much capital to invest to setup a physical shop. A physical retail shop can easily cost $20,000 to $50,000, which doesn’t include the capital needed to buy stock.

Here are few things that are required to go for ecommerce:-

1. A nice domain name and web hosting account.
2. Website design and ecommerce software.
3. Online payment processor
4. What products to sell
5. Who is the target customers
6. How do you promote
7. How do you monitor the site progress
8. Learning from mistakes and improvement

I will write about each of them in separate parts using different blog posts.