Why Selling Online Isn’t Free
Somewhere along the line people began assuming that selling things online was free. I am sure that this assumption comes from thinking that they don’t have the overhead of a store or the need to keep a large amount of inventory on hand, etc. I will be the first to agree that selling online is cheaper than having a brick and mortar store. However, it is not free! There are many things to take into consideration when budgeting for an eCommerce website.
- Web Design – you need a quality design and someone experienced in eCommerce to succeed.
- Merchant Fees – you will need to accept credit cards to sell online and all accounts charge fees based on a percent of each sell. Also if you want to do it right you will need a premium account (something better than the low level paypal account) so that the cards can be processed on your site.
- Shopping Cart Fees – There are lots of quality shopping carts out there that make selling online easier for the store owner. There are monthly fees involved with these carts. Expect to pay $30-70 a month for the service.
- Maintenance – adding products to your store can be a simple process if you paid for it up front with a content management system. Or if you were looking to save money you may have forgone that option. If so you will need to pay someone who knows what they are doing to update the products in your store on an ongoing basis.
Selling online doesn’t have to be hard, but go into the process understanding that it isn’t free. Find a designer/company that is willing to explain all the fees upfront and help you get started for what you can afford.