How to Start an Ecommerce Business in Egypt?
Egypt is one of the most diversified and developed economies in the Middle East. Amid the COVID-19 pandemic, Egyptian eCommerce volume has drastically increased. This growth gives entrepreneurs the opportunity to start an eCommerce business in Egypt and be a part of the eCommerce revolution as this isn’t going to stop here.
But starting an eCommerce business in Egypt is by no means easy and requires a lot of hard work to get your online store up and running. In this article, we’re going to guide you on how to set up an eCommerce business in Egypt in 2021.
Steps to Start Your eCommerce Business in Egypt:
1. Decide on the Perfect Business Model
The first step you have to take to build your eCommerce store in Egypt is to think long and hard about narrowing down on the perfect ecommerce business plan and ecommerce business model.
There are key classifications of eCommerce business which are:
- B2B: Business to Business eCommerce.
- B2C: Business to Consumer eCommerce.
- C2B: Consumer to Business eCommerce.
- C2C: Consumer to Consumer eCommerce.
- B2G: Business Government / Public Administration eCommerce.
There are other types of eCommerce business revenue models which are:
- Wholesaling and Warehousing.
- Private Labeling and Manufacturing.
- White Labeling.
There are also two types of eCommerce business models which are:
- Single vendor eCommerce store.
- Multi-vendor eCommerce store.
2. Decide on Where You Want to Sell Your Products
You have two main choices open for you to sell your products online. You can either list your product on a marketplace website or develop your own custom eCommerce website from scratch.
Which is the best?
We’ll describe the pros and cons of both so you can settle on a better choice to begin your eCommerce business in Egypt.
The marketplace website is a third-party platform that offers you a ready- to use store where you can list your item directly and begin getting customers for your products. It’s a very simple strategy to build your eCommerce business in Egypt, but there are always pros and cons to everything.
Listing your items on the marketplace won’t get your customers instantly, you need to compete with other merchants who are selling similar items might be at minimal cost than yours.
You will be subject to the laws, algorithms, options, and features of the marketplace which may limit your ability to go further than this.
- Develop eCommerce Platform from Scratch
Building your own custom eCommerce website from scratch can give you a great return in the long run, yet it requires a great deal of hard work. You need to hire a perfect eCommerce development company to develop your website, a marketing agency to help you with marketing, promotions, SEO, etc.
Setting up your own eCommerce store is time-consuming, but it offers you a chance to set up your brand image, create your customer base, and gathered users’ data.
3. Choose a Niche Market
An eCommerce niche is a distinct segment within markets and often overlooked area by other businesses. If you want to start an eCommerce business in Egypt and want not to get lost amidst the big players, then enter the niche market.
Conduct a very deep search and try to find areas that haven’t been tapped into by other retailers so you can build an eCommerce business that has a big chance of succeeding.
4. Register Your eCommerce Business & Brand Name
Connecting your eCommerce brand with your persona is necessary to bring success to your eCommerce business as it makes creating an online store much easier.
Before you set up your online store, there are steps you’ll need to take that are:
- Registering your business.
- Choosing your store’s name and logo creation.
- Getting your business licenses.
- Getting your employer identification number.
- Applying for business licenses and permits.
- Finding the right vendors.
5. Launch Your eCommerce Business & Start Promoting It
Once you’ve legally registered your eCommerce business, you need to create your real online store, you need to hire one of the best eCommerce development companies in Egypt to support you. You can also choose from a variety of eCommerce platforms/ marketplaces.
And once you launch your online store, you need to promote it and start attracting potential customers to earn money. There are many free and paid channels to promote your online store in Egypt that can help you get traffic and increase sales.
Why Choose ‘eMarketing Egypt to Build Your Online Store in Egypt
‘eMarketing Egypt’ is a pioneer eCommerce development company in Egypt and the Middle East that can drive your eCommerce business.
We at ‘eMarketing Egypt’ understand that selecting the eCommerce development partner is as important as selecting the best technology to build your online store. Whatever your business market is, we have the ability to comprehend your business and its goals.
Our experienced and skilled team has already developed many successful eCommerce projects for startups and businesses. We are capable of meeting all the core requirements of your business.
Just leave the hassles of building your dream eCommerce empire on us and focus on growing your business.