Selling online has become an extremely important strategy for businesses today. The internet provides access to potential customers worldwide and allows businesses to reach a large audience that physical stores cannot. Additionally, online sales channels enhance the customer experience by making the shopping process easier and faster. Selling online not only gives businesses a competitive advantage but also offers the potential to reduce costs and increase revenues. Therefore, we can say that digital marketing and e-commerce strategies are gaining more and more importance every day.
What does it mean to sell online?
Selling online, or e-commerce, is the process of offering products or services to customers through digital platforms and conducting transactions on these platforms. This is typically done via an e-commerce website, mobile app, or other online sales channels. Selling online provides the advantage of reaching a global audience, surpassing the limitations of physical stores, and allowing consumers to easily discover various products and brands. This method also offers businesses benefits such as increasing sales, reducing costs, and improving customer satisfaction.
How to sell online?
There are basic steps to selling online. By following these steps, you can become a successful online seller.
1. Determine the product or service you want to sell
To sell online, you must first decide on the product or service you want to offer. It’s essential to choose a product or service that meets the needs and interests of your target audience.
2. Find your suppliers
Research the market for the product or service you want to sell and identify potential suppliers. You can find potential suppliers through sources such as online trade platforms, trade fairs, industrial magazines, and social media. When evaluating potential suppliers, you should consider factors like product quality, pricing, delivery times, and customer service. Reach out to the suppliers you choose to collaborate with, and establish contracts that outline business terms to ensure quality communication and reliable business relationships. Make sure to create a solid inventory management plan with your suppliers and continually optimize your supply chain.
3. Choose an e-commerce platform for your website
Select an e-commerce platform where you will sell your products. Popular options include Shopify, WooCommerce (WordPress), Magento, Ticimax, İKAS, IDEASOFT, and Tsoft.
4. List your products
List your products in a descriptive and appealing way on the platform you’ve chosen. Enter details such as product descriptions, pricing, images, and payment options accurately to make it easier for consumers to choose your product.
5. Set up payment and shipping infrastructure
Provide secure payment methods and offer shipping options. It’s important to establish an infrastructure where your customers can easily make payments and receive their products safely.
6. Digital marketing and promotion
Use digital marketing strategies to promote your products and brand. Reach potential customers by effectively utilizing channels such as social media, search engine optimization (SEO), email marketing, and influencer marketing.
7. Customer service and support
Provide effective customer service to ensure customer satisfaction. Answering questions, managing returns, and responding quickly to customer requests will positively enhance your customer satisfaction.
8. Monitoring and optimization of performance
Regularly track your sales and the performance of your digital marketing campaigns. Use this data to optimize your strategies and make the necessary improvements to increase your sales.
9. Open stores in domestic and international online marketplaces
Online marketplaces are essential platforms for reaching a large customer base. By opening stores on marketplaces like Trendyol, Hepsiburada, Amazon, eBay, and Etsy, you can take advantage of their wide user base.
10. Use a marketplace integrator
By using a marketplace integrator, you can automatically integrate your products into these platforms, simplify inventory management, and process orders more efficiently. These integrators help e-commerce businesses sell across multiple channels and manage their operations effectively.
When selling online, focusing on continuously evaluating customer feedback and tracking market trends is a crucial step on the path to success.
What are the setup and legal processes to follow for selling online?
There are certain setup and legal processes to follow when selling online.
These steps will help ensure compliance with legal requirements when selling online and increase the credibility of your business.
- Legal registration of the business and trade registry: Officially register your business and have it listed in the trade registry.
There is a legal obligation to issue an invoice for each sale when selling online. To comply with this requirement, you need to establish a company. Your options for company formation typically include sole proprietorship, joint-stock company, or limited liability company.
- Tax liability: Register with tax offices and fulfill your tax obligations. Regularly track and pay tax returns related to your sales. The taxes you are required to pay in e-commerce include Stamp Duty, VAT, Annual Income Tax, and Withholding Tax.
- Consumer Rights and Distance Sales Agreement: Act in accordance with consumer rights by preparing the distance sales agreement and presenting it to customers.
- Protection of Personal Data: Safeguard customer information securely and comply with Turkey’s “Law on the Protection of Personal Data (KVKK)” and international data protection regulations like the “General Data Protection Regulation (GDPR)” for overseas operations.
The GDPR is a legal regulation governing the processing and protection of personal data in European Union (EU) member states and the European Economic Area (EEA). It came into effect on May 25, 2018, and applies to all EU and EEA countries.
- Legal compliance of the product or service: Ensure that the product or service you are selling complies with relevant national and international trade regulations.
- Payment security: Protect customer information by using secure payment systems and ensure that payment transactions are conducted safely.
- Shipping agreements: Shipping agreements play a critical role in ensuring the safe and timely delivery of products to customers. With a good shipping agreement, businesses can optimize shipping costs, improve delivery processes, and enhance customer satisfaction. Key factors to consider when making a shipping agreement include the service quality of the courier company, delivery times, insurance options, refund policies, and customer support services. Establishing a strong partnership not only boosts operational efficiency but also positively impacts the customer experience.
- Communication and customer service:Develop effective communication and customer service policies to handle customer inquiries, manage complaints, and organize return/exchange processes.
- Digital marketing and advertising management:Conduct your digital marketing activities within legal boundaries and avoid misleading advertisements to protect consumers.
The setup and legal processes to follow when selling online are crucial steps. These processes ensure that your business is legally protected and that consumer rights are respected. Proper setup and legal compliance enhance your business’s reputation, reinforce customer trust, and help avoid potential legal issues. Additionally, successfully completing these processes supports the long-term growth and sustainability of your business, improves operational efficiency, and plays a key role in maintaining customer satisfaction.
