Basics of Starting An E-commerce Business In Australia

Questions and Answers : Preferences : Basics of Starting An E-commerce Business In Australia

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Message 7360 - Posted: 23 May 2023, 10:38:55 UTC

Entrepreneurs looking to make a place in the Australian e-commerce market are currently in the most fitting place as the industry is brimming with opportunities. Online shopping has never been more in trend since the onset of the pandemic. The recent global retail stats suggest that Australia is currently the 11th largest e-commerce market that generated revenue worth US$ 31 billion and the same is expected to hit US$ 32 billion by 2024. It might be the most right time to invest a suitable amount in an e-commerce website development. There are a number of e-commerce web design trends in Melbourne, Sydney and other Australian cities that you may want to give a look at. But before you do, here are a few basics to take note of:

Proper Market Research: Before you get all tangled in the ins and outs of an eCommerce agency in Melbourne or any other city, you need to understand the market you will be catering to. Therefore, proper market research is one of the first things that you need to concern yourself with.

Business Registration: Once you are through with market research and understand the needs and requirements of the target audience, there is a little paperwork you need to take care of. In Australia, you can begin the process by getting Australian Business Number (ABN). For this, you need to get a domain name online and create relevant social media handles. A company logo is also a must to differentiate yourself in the market and get traction from your target audience. Apart from that, it is mandatory to register for GST i.e. Goods and Services Tax especially if your income exceeds AU$ 75, 000.

Create Your Online Store: There are a number of e-commerce web design stores in Melbourne that can help you in this part. You can always discuss with the professional about choosing the right platform and weigh their strengths and weaknesses to check what best you can avail within your budget.

Are you looking for eCommerce website development in Melbourne, then visit The Merchant Buddy! We have over five years of experience in Australia's eCommerce market. Our team of highly skilled professionals helps you to create and manage an online store. For more details, please visit us at https://themerchantbuddy.com.au/
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Questions and Answers : Preferences : Basics of Starting An E-commerce Business In Australia



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