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How To Start An Online Store In 8 Steps (2024 Guide) – Forbes

How To Start An Online Store In 8 Steps (2024 Guide) – Forbes

The first step in starting your online store is to determine a niche market you’d like to serve. One of the biggest mistakes new business owners make is not focusing on the three components of choosing a niche:Profitability: You want a niche that is profitable so you can see a return on your investment and build a profitable online store. If a product is too expensive to manufacture or purchase wholesale, it has a low potential for profitability. Similarly, a product might be too expensive to ship and may be better suited for selling in person. Searchability: The best e-commerce stores stock… 

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