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 your products online. With the advancements in technology, becoming an online seller is now a smooth sail.
One of the easiest ways to make money online is through EarnKaro. EarnKaro is a Deal-Sharing Platform that gives you a one-stop-shop to share deals and earn Profit. Whether you are a student, a housewife or a working professional you can earn money online in India with the EK app. Here, earnings are unlimited and all you have to do is simply share already curated deals or choose your own from sites like Amazon, Flipkart, Myntra, Ajio & more. Create an affiliate or profit link using EarnKaro and share it with friends and family. When people shop using your link, you earn a profit!
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.
Here are some simple steps that you can follow to become an online seller.
- Choose a Product Line
As the first step, you need to think about the product 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 like art or engage in a ‘buy and sell’ business. For instance, you can cater to the increased demand for personalized gifts by selling them online.
- 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 ready to sell your products to the customers.
You can also choose to download the EarnKaro app where you can get numerous deals or create profit links of products you like from partner sites like Amazon, Myntra, Ajio & more. All you need to do is create profit links on EarnKaro and share them in your circle using WhatsApp or any other social channel to earn money. The profit you earn remains safe in your EarnKaro account and when your confirmed profit is above Rs 10, you can request for a bank transfer.
- Keep Your 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 before you set up your business. All legal formalities must be appropriately completed to avoid the hindrances that may occur otherwise.
- List Your Products
It might seem challenging to list your products online, but with the help of user-friendly apps, you can now easily catalogue your products. You may scan barcodes or use the product matching feature and custom templates to upload your product. Further, you’ll be required to enter the price, quantity, and other details of the product that you wish to sell.
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.
- 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 payments via the customers and the retailers, without being wrongly charged. Once you achieve a successful sale, you will get the payment in your account after 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.30000 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 boon and 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!