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Starting a new e-commerce business may be frustrating when you do that for the first time. Especially when it takes place during an economic recession. But don’t be afraid to get your feet wet. If the overall uncertainty frightens you, we know how to smooth the edges. This most in-depth guide will help you learn how to start an e-commerce business without screwing it up during the global economic recession of 2023-2024. We offer a list of steps to start a new online enterprise. Our guide includes lots of groundbreaking strategies and bright examples of success and failure.

You will learn what e-commerce type to choose and which e-commerce model is more suitable for your business case. We will assist you to define your products and services, choose your company name, conduct basic market research, and write your first business plan. This article also sheds light on how to register an e-commerce business in the United States, United Kingdom, and European Union. After that, we focus on the selection of sales channels and explain what steps are necessary to create a fully-functional e-commerce website. You will also learn the basic marketing steps essential to start an online business and strategies to survive the ongoing recession. Continue Reading