The e-commerce industry in India is booming, and with the right approach, you can start your own online business with a minimal investment of just ₹50,000. Whether you’re looking to sell on Amazon, Flipkart, or Meesho, this guide will walk you through the essential steps and expenses required to set up a successful e-commerce business.
Before you dive into setting up your e-commerce store, you need to have the following essentials:
To sell on platforms like Amazon, Flipkart, or Meesho, you need to register for Goods and Services Tax (GST). The government does not charge a fee for GST registration, but hiring a CA or accountant for documentation may cost you between ₹1,000 and ₹3,000.
Choosing the right product is crucial for success. Follow these tips to identify a winning product:
Registering as a seller on these marketplaces is completely free. Here’s how:
Effective branding and marketing are essential to get initial sales. Here’s how you can allocate your budget:
Invest in good-quality packaging to ensure safe delivery and improve customer experience. Essentials include:
Once your store starts generating sales, reinvest your profits into:
Starting an e-commerce business with ₹50,000 is possible with the right strategy and execution. Focus on choosing the right product, leveraging free seller registrations, and using budget-friendly marketing techniques. As you grow, reinvest your earnings to scale your business to new heights.
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