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How to Start an Online Store

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Summary: Starting an online store requires doing research about the field and the industry, finding out about potential competition and getting a Web site up and running. Know the market before starting a store on the Internet with advice from a business professor in this free video on online businesses.

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By John Niemira
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John Niemira is a professor of business at Stevens-Henager College in Salt Lake City, Utah.read more

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Video Transcript

"Hello, my name is John Niemira, and I wanted to talk to you today about starting an online store. An online store can be quite a process for you. What you want to start off with is doing your research. You want to get online, you want to see what there are for current businesses out there in your field, depending on what kind of store you want to open. Hopefully, you have a background and some experience in business or in the particular business that you want to open. If so, great. Use that information. But get online and do some research to find out what you have for competition out there. Who is currently servicing the market that you're looking to sell to? What product is out there that you're looking to sell? Who are they selling to? Why are they selling? What are they selling? And how much are they selling it for? You obviously want to get a website started up and go from there. Do your research, know your market, who you're selling to, see what your competition is doing, and that'll give you a great place to start from. For any more information on this topic or any other business topic, you can contact me directly at my email, jniemira@gmail.com."

eHow Article: How to Start an Online Store

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