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Online Shopping is undoubtedly a rage these days and has opened a plethora of opportunities to earn money online. One of the best ways to make money is by selling products online. With the advancements in technology, becoming an online seller is now a smooth sail.
It is interesting to note how more and more people are giving up their 9-5 jobs to become e-commerce entrepreneurs. And why not? According to a recent survey conducted by CashKaro, 91% of the people intend to spend more money on online shopping in 2019 than they did earlier.
Earn Money By Becoming An Online Seller
Here are some simple steps that you can follow to become an online seller.
1. Choose a Product Line
As the first step, you will need to think about the product that you would like to sell online. There is no restriction on the kind of product you choose as there is a platform for anything and everything these days. You may select something you are passionate about, or engage in a ‘buy and sell’ business. For instance, you can cater to the increasing demand for personalized gifts by selling them online.
2. Find a Suitable Platform
While it is possible to start your own website to sell products online, you can always choose an online marketplace to reduce the effort and expense, and earn BIG. The advantage of an already established online platform is that you would not need to spend much on advertising. Simply look for a low-cost and credible platform such as Amazon or Flipkart and you’ll be able to sell your products to the customers.
3. Keep Legal Documents Ready
Online selling follows the same legal code as does any other form of business. You will be required to keep your GST number, PAN card, bank account details, and other key documents ready. All legal formalities must be appropriately completed to avoid the hindrances that may occur otherwise.
4. List Your Products
It might seem challenging to list your products online, but with the help of user-friendly apps, you can now easily
The delivery or shipping of the product is usually taken care of by the store itself. You can choose a suitable shipping method and strike a balance between the availability of the product and the requirement of the customers.
5. Link Your Bank Account
The last step of this process involves linking your bank account to the chosen online platform. This will ensure that you receive timely and legit payments from the customers and the retailers. Once you achieve a successful sale, you will get the payment in your account after the deduction of a minimal fee by the store.
By devoting about 2-3 hours to online selling each day, you can easily earn up to Rs.70000 in a month. Some online stores have nearly 2 million sellers on their website, representing 40% of their sales. It will therefore be fair to conclude that online selling is a boom that is not leaving the market anytime soon.
So what are you waiting for? Go on and set up your online venture to earn BIG in no time! Want to see how you can earn money online by sharing deals? Sign up on EarnKaro and you are halfway there!
To explore many more interesting ways to earn money online, click here!