How to Start an Online Shop in 5 Simple Steps

Starting a business is one way to earn primary or additional income. It would be best if you prepared for all the consequences, but that doesn't mean it's hard to do. Many people even leave their office jobs to focus on developing their businesses.

One of the most well-known business models is the online shop business because it is considered promising, and you can do it from anywhere, from sales, marketing, and transactions to shipping.

Especially during this pandemic, many people are opening online stores on various e-commerce platforms. Food, drinks, clothing, and electronic goods are among the items sold in online stores.

Do you want to start your first online shop? Here are some things you can do before starting an online shop:

Determine the Items to Sell
Research is one of the first things to do. Begin by researching market share, goods sold, suppliers, and other details. It would be best if you considered everything to calculate the benefits and drawbacks of your sales. 
When selling packaged food, for example, you must consider whether people like the product, how long the food will last in storage, whether the food is safe to send via package and so on.

Choose the Right Platform
Numerous e-commerce platforms are available today, each with its benefits. Ensure that the online shop will be launched in line with the platform's market share. Don't forget to ensure that the platform's system facilitates your transaction process, such as the various payment methods available.

There is nothing wrong with considering the promos provided by the e-commerce platform because there will be many visitors when there are many promos. These promotions can be in the form of cashback, free shipping, or discounts.

Product Pictures
Use the best and most trusted product photos rather than illustrations or images from other people's stalls. Consumers will believe if they see pictures of products in real-world settings. Add a description corresponding to the details to serve as a sufficient reference for consumers when making their decision.

Use social media to post photos of your products in addition to being installed on your e-commerce stall. Don't forget to include a link to the product page in your online store in the caption section.

Pay Attention to Product Quality
Never ignore this aspect in selling. Selling cheap goods without quality will only invite complaints and bad ratings for your store. Make sure you are selling products of good quality. It will make your store customers think about returning and making repeat purchases.

Capital
Many believe that starting an online shop does not require a significant investment. Although the capital required is less than that of an offline store, the availability of capital influences many factors, including how many different types of goods you can sell, how many items you can stock, and how many employees you can hire. Make sure you have enough capital, or you can use bank financing if it is deemed insufficient.
 
If you require quick financing while adhering to Sharia principles, PermataKTA iB Multiguna is here to help. PermataKTA iB Multiguna, a Sharia KTA product from PermataBank, offers Sharia loans of up to IDR 300 million that you can use to start your online shop business.

This Syariah KTA loan provides the following advantages:

• Based on Sharia Principles
  Submission following Sharia principles with Murabahah or Multi-service Ijarah covenant.
• Flexible Installment
  Installments can be adjusted to the customers’ ability for up to 60 months.
• Free of Charge
  Save more with free transfer and administration fees. 
• No Down Payment and Collateral
  No down payment and collateral are required.

The terms of the application are easy. You must be an Indonesian citizen (individual) aged 21 to 60 years (outside tenor), work as an employee, entrepreneur, or professional, and have a minimum income of IDR 2 million per month.

1. If these conditions are met, several complete documents must be completed, including:
2. Photocopy of identity, namely KTP and NPWP.
3. Fill out and sign the PermataKTA iB Multiguna financing application.
4. Attach a copy of proof of ordering goods or services issued by the provider of goods or services.
5. Have a PermataBank Credit Card (minimum one year) or be a registered Customer.

So, are you ready to start your online shop with PermataKTA iB Multiguna Sharia KTA?