What Is Next After Starting an Ecommerce Business?
ECommerce Business in dubai has grown in recent times, and it continues to increase as a result of government and private initiatives. In fact, the Middle East B2C e-commerce market 2018 report predicts that the total eCommerce sales can reach a high of $20 billion by the fiscal year 2020. Thus, it comes as no surprise that eCommerce businesses are sprouting up, a number of which are choosing Ajman Media City Freezone as their base, due to the incentives being offers and the recent developments that are taking place in the UAE’s smallest emirate.
However, entrepreneurs become so involve in setting up their business that once that step is complete, they are clueless about how exactly to go about things. Therefore, let’s look at some steps that will help any entrepreneur get their eCommerce business off the ground.
The first thing to do after your eCommerce business has been establish is to open a corporate bank account. Opening a bank account is an easy process and after obtaining your business license, any bank would be willing to offer you their services. However, don’t let all the options cause unnecessary delays, because bank accounts are imperative for making and receiving payments. Since the eCommerce business is being set up in Ajman Media City Freezone, the Freezone authorities can provide a list of banks that are nearby and can even arrange a meeting between the business owner and bank manager.
Integrate A Payment Gateway:
All types of businesses require a payment gateway to process customer payments. Payment gateways allow websites to accept debit and credit cards and other internet banking services from various banks and financial institutions. After customers make payments on the gateways it takes up to one to two business days.
Invest in Cybersecurity:
Ecommerce businesses are at high risk of cyberattacks whether it is to steal clients’ information, financial data, and funds, or hold the website hostage. Thus, all online entities are investing in anti-malware, antivirus, and put up firewalls to protect their website.
State What Is Important:
Ensure Compliance of Rules And Regulations:
No business can survive without maintaining a set standard of service, following the company policy and rules, and abiding by the laws and regulations of the emirate and Ajman Media City Freezone authorities. Not ensuring proper compliance in all business activities can land the eCommerce store in a lot of trouble with its customers and the justice system.
Make sure that all these factors are taken care of and then keep at it till you successful. However, during this time and even later, it is important to maintain the quality of products, and the service provide to customers.