How much investment is needed to start an ecommerce business?

Primary investments are those in which you need to invest compulsorily irrespective of the category. They are

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The secondary investment differs from the category of the business you choose and also according to you.

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Apply for GST (excluded for books). Getting a GST is the first thing you need to do if you are looking to start an ecommerce business.

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A savings account is needed. You can open a current account after a certain period of transactions.

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A mobile phone and laptop will be very much useful. A printer will also be needed for printing the bills on the packaging. Camera – a mobile phone with a quality camera is essential.

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You will be packing material to pack your products to send to your customers.

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You can use your mobile network, but if you need a stable connection you can opt for a WIFI connection.

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If you are a new seller, you need investment for everything.

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You need to check the things with primary investment materials and get the material that isn’t with you.

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Check with the primary things and buy the things that aren’t there, to begin with, your ecommerce business.

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