{"id":7631,"date":"2022-12-02T11:12:02","date_gmt":"2022-12-02T05:42:02","guid":{"rendered":"https:\/\/www.idslogic.com\/blog\/?p=7631"},"modified":"2024-07-10T11:48:06","modified_gmt":"2024-07-10T06:18:06","slug":"an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution","status":"publish","type":"post","link":"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution","title":{"rendered":"An Entrepreneurial Guide to Build a Profit-Making Ecommerce Solution"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_72 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Why_Modern_Customers_Choose_Ecommerce_Stores_over_Traditional_Stores\" title=\"Why Modern Customers Choose Ecommerce Stores over Traditional Stores?\">Why Modern Customers Choose Ecommerce Stores over Traditional Stores?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Super_affordable\" title=\"Super affordable\">Super affordable<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Lots_of_Convenience\" title=\"Lots of Convenience\">Lots of Convenience<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Variety_of_products\" title=\"Variety of products\">Variety of products<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Detailed_products_information\" title=\"Detailed products information\">Detailed products information<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#No_timing_issue\" title=\"No timing issue\">No timing issue<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#What_Are_Some_Popular_Ecommerce_Platforms_to_Choose_for_Your_Ecommerce_Store\" title=\"What Are Some Popular Ecommerce Platforms to Choose for Your Ecommerce Store?\">What Are Some Popular Ecommerce Platforms to Choose for Your Ecommerce Store?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Magento\" title=\"Magento\">Magento<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Shopify\" title=\"Shopify\">Shopify<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#OpenCart\" title=\"OpenCart\">OpenCart<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#BigCommerce\" title=\"BigCommerce\">BigCommerce<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#What_Technology_Stack_is_Best_for_Your_Ecommerce_Store\" title=\"What Technology Stack is Best for Your Ecommerce Store?\">What Technology Stack is Best for Your Ecommerce Store?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Front_End_Technologies\" title=\"Front End Technologies\">Front End Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Back_End_Technologies\" title=\"Back End Technologies\">Back End Technologies<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#What_is_the_Cost_of_Building_an_Ecommerce_Store\" title=\"What is the Cost of Building an Ecommerce Store?\">What is the Cost of Building an Ecommerce Store?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.idslogic.com\/blog\/an-entrepreneurial-guide-to-build-a-profit-making-ecommerce-solution\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p><span style=\"font-size: 14pt;\">If you\u2019re an aspiring ecommerce entrepreneur, you must often wonder to build a profitable ecommerce solution that can keep up with customers. This guide will help to plan your ecommerce journey better.<\/span><\/p>\n<p><span style=\"font-size: 14pt; color: #008000;\">So, without any further ado, let\u2019s get started!<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">Ecommerce has changed the shopping dynamics. Earlier, people visit a shopping store to get their stuff that wastes their time but now things are different. They can order almost anything in a few clicks without stepping out from their homes. And this has become possible because of ecommerce stores.<\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-size: 14pt;\">As competition is intensifying with every passing year, it\u2019s extremely challenging for entrepreneurs to retain existing customers and attract new ones. If you\u2019re new in this competitive ecommerce landscape, getting more customers and ensuring repeat business from them would be strenuous.<\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-size: 14pt;\">Now, when you\u2019re determined to do business online, it\u2019s crucial to create a powerful <strong>ecommerce development<\/strong> strategy to bring greater business results. But, before that, let\u2019s first find out why customers have a craze for ecommerce stores more than traditional stores.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Modern_Customers_Choose_Ecommerce_Stores_over_Traditional_Stores\"><\/span><span style=\"font-size: 14pt; color: #008000;\"><strong>Why Modern Customers Choose Ecommerce Stores over Traditional Stores?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-size: 14pt;\">Customers get attracted towards ecommerce stores more for buying products these days. Instead of going to the supermarkets or nearby stores, they simply shop on the internet. If you\u2019re thinking why there is so much hype about online shopping, then you\u2019ve come to the right place!<\/span><\/p>\n<p><span style=\"font-size: 14pt; color: #008000;\">Here are a few things that customers love most about shopping from ecommerce stores:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Super_affordable\"><\/span><span style=\"font-size: 14pt;\"><strong><span style=\"color: #003366;\">Super affordable<\/span> <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">One of the main reasons why customers are obsessed with online shopping is its reasonable pricing. Smart entrepreneurs offer great deals and discounts to lure customers to shop more. And, this is why the ecommerce industry is growing bigger with time owing to discounted price.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Lots_of_Convenience\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>Lots of Convenience<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">Moving from one store to the next to purchase products is a total waste of time and energy. Nobody wants to do that in this busy world. That\u2019s why ecommerce stores have become immensely popular amongst customers to shop from the comfort of the couch that saves both the time and efforts.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Variety_of_products\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>Variety of products<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">The products are limited in the traditional store due to space issues. While there is no such issue with ecommerce store as it can accommodate any number of products with ease. This provides customers a great product options to choose from that satisfies their shopping needs.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Detailed_products_information\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>Detailed products information<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">Ecommerce stores provide a complete information about the products to the customers. They can check reviews, opinions, and other details related to the products they\u2019re planning to get from the store. It helps to make the best buying decision.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"No_timing_issue\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>No timing issue<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">Traditional stores have timing constraint. They open for a fixed number of days and hours. While online shopping can be done anytime anywhere. Ecommerce stores remain open round the clock for customers. They can shop at their preferred time and get their products delivered at their doorsteps.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Some_Popular_Ecommerce_Platforms_to_Choose_for_Your_Ecommerce_Store\"><\/span><span style=\"font-size: 14pt; color: #008000;\"><strong>What Are Some Popular Ecommerce Platforms to Choose for Your Ecommerce Store?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-size: 14pt;\">Choosing the suitable ecommerce platform is tricky for businesses. Building your online store is not difficult, but your wrong ecommerce platform selection can cause serious harm to your business.<\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-size: 14pt;\">If you\u2019re thinking to start your online business, the first and the foremost thing you\u2019ll require is an ecommerce platform. At present, there are multiple options to choose from that makes it daunting to go with any one. <\/span><\/p>\n<p><span style=\"font-size: 14pt; color: #008000;\">However, we\u2019ve listed down the top ecommerce platforms that you can consider for your store:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Magento\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>Magento<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">Magento is a leading ecommerce platform written in PHP language. It is an ideal choice for entrepreneurs who are looking to build a long-term professional ecommerce store.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shopify\"><\/span><span style=\"font-size: 14pt;\"><strong><span style=\"color: #003366;\">Shopify<\/span> <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">Shopify is the most popular ecommerce platforms that offers a user-friendly way to create online stores. Businesses that just starting out in ecommerce may opt to start out on this platform to extend their customer reach.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"OpenCart\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>OpenCart<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">OpenCart is an open-source PHP-based ecommerce platform, which means it is available free of cost. It allows businesses to create an online store that enables smooth selling and purchasing of products online.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"BigCommerce\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>BigCommerce<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">BigCommerce is a powerful cloud ecommerce platform that is super-suited for established and fast-growing businesses. It comes with various custom templates to help you design your online store.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Technology_Stack_is_Best_for_Your_Ecommerce_Store\"><\/span><span style=\"font-size: 14pt; color: #008000;\"><strong>What Technology Stack is Best for Your Ecommerce Store?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-size: 14pt;\">For non-technical entrepreneurs, it would not be easy to make the best choice for technology stack. That\u2019s why you should approach experienced ecommerce developers to help you in picking the apt technologies for your store.<\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><em>\u201cA technology stack is a list of technologies that will be required to create your ecommerce store. You need to make the right selection after considering your project requirements and budget\u201d. <\/em><\/span><\/p>\n<p><span style=\"font-size: 14pt;\">In general, the technology stack for creating an ecommerce store includes the following:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Front_End_Technologies\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>Front End Technologies<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">HTML<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">CSS<\/span><\/p>\n<p><span style=\"font-size: 14pt;\">JavaScript<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Back_End_Technologies\"><\/span><span style=\"font-size: 14pt; color: #003366;\"><strong>Back End Technologies<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\"><strong><span style=\"color: #003366;\">Server<\/span>&#8211; <\/strong>Apache<\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><span style=\"color: #003366;\"><strong>Databases- <\/strong>MySQL,<\/span> MongoDB, PostgreSQL<\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><strong><span style=\"color: #003366;\">Programming Languages<\/span>&#8211; <\/strong>C#, PHP, Ruby, Python<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_the_Cost_of_Building_an_Ecommerce_Store\"><\/span><span style=\"font-size: 14pt; color: #008000;\"><strong>What is the Cost of Building an Ecommerce Store?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-size: 14pt;\">There are various variables when it comes to the <strong>cost of building an ecommerce store. <\/strong>It includes the store\u2019s size, design, features, and functionalities that you wish to have in your store.<\/span><\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-size: 14pt;\">Here is the estimated cost of developing an ecommerce store based on their size:<\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><span style=\"color: #003366;\"><strong>Small business ecommerce store<\/strong><\/span>&#8211; $30,000 to $60,000 per year<\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><strong><span style=\"color: #003366;\">Medium-size ecommerce store<\/span>&#8211; <\/strong>$80,000 to $135,000 per year<\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><strong><span style=\"color: #003366;\">Large ecommerce store<\/span>&#8211; <\/strong>more than $135,000 per year<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><span style=\"font-size: 14pt; color: #008000;\"><strong>Conclusion<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-size: 14pt;\">Online shopping is booming. It brings enormous revenue to entrepreneurs by satisfying the demands of modern customers. It makes sense to build an ecommerce store by hiring a trusted <a href=\"\/ecommerce\/\"><strong>ecommerce development company<\/strong><\/a> to expand your business growth and improve your market credibility.<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":9472,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[171],"tags":[759,1213,1212,1211],"class_list":["post-7631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecommerce-website-development","tag-ecommerce-development-company","tag-ecommerce-store","tag-ecommerce-store-cost","tag-ecommerce-store-development"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/posts\/7631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/comments?post=7631"}],"version-history":[{"count":5,"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/posts\/7631\/revisions"}],"predecessor-version":[{"id":9474,"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/posts\/7631\/revisions\/9474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/media\/9472"}],"wp:attachment":[{"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/media?parent=7631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/categories?post=7631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.idslogic.com\/blog\/wp-json\/wp\/v2\/tags?post=7631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}