Businesses You Can Start With Low Investment
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No matter how many e-books and online reading portals come up in the market, there will always be a section of readers that would want to read books in their paperback covers. There are several such book connoisseurs who only get the feel and flow of reading novels when they have a physical book in their hands. You can cater to such book lovers by opening an online book store. Here, you can offer them a variety of books that they would want to read and for which they could place an order online. There are many online shopping portals selling books along with other items, but very few sites that specialise in selling books. The best aspect about starting an online book store is that it can be started with any level of investment. All you need to do is rent a small shop and get in touch with every possible book publisher. This would help you to acquire and maintain a considerable stock of books to sell to your customers. Having a good range of publishers is always good for you, as it would help you have a good collection of books. Never stock up your little warehouse with a lot of books. Always start with a set of 500-1000 books. After your business starts getting recognised and your books start getting sold quickly, you can get in more stock for sale. The way you market your business and handle your website is of the utmost importance when it comes to running an online book store. Have a highly optimised and interactive website, which has multiple pictures, synopsis and reviews of the books available in your store. Also, you can have a section where you can host discussions regarding the books you are selling. You can have debates or devise other ways of exchanging readers’ opinions that would encourage the habit of reading, which would ultimately help your business!
It is also very important for you to have a set business plan for starting your own little online book store. Firstly, you need to come up with the most suitable and catchy name for your business. After you’re done finalising the business name, you need to find a domain name for your website. Make sure the domain name is not complicated or misleading. Having a simple and memorable name would always increase the recall value of your brand in the minds of visitors. So opening and managing an online book store is an option worth considering, one that does not involve a huge initial investment.
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