Technical Requirement to Start Online Store

In current scenario many online store are launching or re launching with huge investment. At a same time few small players are also getting into market with their own set of USP. Hype is created all-around about the potential of e-commerce market. Small player consider big player as a threat due to their aggressive marketing and branding. But reality is that only 0.5% market has been explored, real market potential is still to tapped. So there is a huge space for everyone in online business.

Other major concern among small investor is how much to invest in technical requirement for website. Big investor invest hug amount in technical infrastructure. There is also other option are also available to start low cost.

For proper functioning of e-commerce website following are requirement:

a. Development of E- Commerce Portal: 

Development cost can be of any figure depending on Scope of work, technology, feature, service level agreement etc. At starting phase our main concern should be our uniquely designed and proper functioning website. Magento can be a best option to start your online business. It is an open source online shopping framework. This platform is equipped with all features required. Best part of this open source is its code can be customized and used as per requirement.

Recommended Company: Flieger India

b. Server For Hosting:

Hosting is required for making website live on internet. Its performance is very important for pleasant end user experience. Investment on this infrastructure is also can be of no limit. In starting phase you cannot expect huge traffic. To maintain descent website performance you can outsource hosting to any reputed third part service provider. In this case VPS can be good option to start and gradually upgrade it as traffic increases.

Recommended Company: Hostgator (VPS Level 3), Godaddy

c. Payment Gateway

Payment Gateway is required for making payment for purchase through website. Numbers gateway service providers are available in market. Select one of them with good reputation and reviews.

Recommended Company in India: CCAVENUE, EBS