What is an online business?

An online business is one conducted online. This involves the different processes of exchange of goods and services between individuals. These processes may involve purchase and delivery of goods and services.

Why you should start an online Business?

There are many reasons why you should start an online business. From them being easy to start, being plentiful, the fredom they give you to work from anywhere, to mention but a few. Consider the link below for more reasons you should start an online business.

Read also: Reasons you should put your business online.

Online businesses to start in Uganda.

Online retailing.

Topping the list of online businesses to start in Uganda is Online retailing. It is the selling of goods and services online. Nowadays, this has been made easier with the creation of sites where different sellers can post and sell their products in Uganda. Some of these sites include Jiji Uganda, Jumia Uganda, Dondolo Uganda, and more. 

If you don’t mind and you have the finances to start big, you can start your online store, market it and make sales.

Advertising and Marketing.

Advertising and marketing is another of the online businesses to start in Uganda. Many people have businesses that need marketing both on social media and online. If you have the free time, then taking this on as a side hustle is worth it. All you need is social accounts with a good following so that when you post, a lot of people can view the information you are trying to put across. Some of the social sites you can try are Facebook, Twitter, Instagram, and many more.

Data Entry Services.

This is one of the easiest side gigs you can do online and earn good money. All you need is a computer, internet connection, and fast typing skills. If you are not good at typing, that shouldn’t worry you as you’ll develop speed with time. When you have all the above, what next is signing up with the different freelance sites on the internet and you start. This side gig is good for people whose main job gives them a lot of free time. Some of the freelance sites you can try out are fiverr, kwork, upwork the list is long, you can find these online.

Blogging for Money.

Starting a blog today is easier than ever before with most hosting companies prioritizing numbers to help them achieve their target revenue hence this driving cost down. Now you can have a website up and running at as low as 3$ per month.

This has made blogging a Worthy venture especially for those that can find some time to write content or even hire someone to write content and be a manager. Don’t leave this to the dogs, give blogging a try as a side venture and earn from blog monetization.

Freelance Writing Jobs.

This is another easy-to-do side task. Blogging as stated above is a mother of this, but remember there are those individuals with blogs who can’t write content. This is your task here. Write content for their blogs, books, and whatever writing deals they have. You can find these jobs too on the freelance sites mentioned above.

Digital Photography.

Doing digital photography to produce images can be a source of side income. You can capture images in your free time and later Sell Your Photos on Stock Photography, start a Photography Blog or Do Freelance Photography Work for Magazines and newspapers. With photography, the options are vast. You can exploit the ones we’ve stated here and keep looking out for more opportunities.

Video Production and Editing.

This provides another opportunity to make side income in your chill time. Though for this, it requires a little more skill that you should acquaint yourself first. (Video production and editing skills). Though these aren’t impossible to get. Later you can look for work online for video editing on freelance sites or even Crete yourself a YouTube channel where you can keep these videos running and earn for that.

Read also: How to start a produce business in uganda.

Website Design and Development

This is easier than ever before today given the vast number of resources available to help one do the design themselves. Nevertheless, even with the available resources, it has never been easy to do website design for the first time yourself. For this reason, most people hire experts to do the work. If you can acquaint yourself the skills, you can then look out for these gigs of website design on freelance sites above and enjoy that side money.

Mobile Apps Development.

If you have programming skills and love it, then you can earn good money doing what you love to do. The digital trend is taking over the era and most businesses, companies, and institutions require apps to run their task, coordinate as a company and do many other company tasks. If you are good at this, then give it a try.

Conclusion

I hope this blog post has given you some new ideas on online businesses to start in Uganda. There are many different options out there, so take your time and think about what might work best for you. If any of the above suggestions sound interesting, feel free to contact us if you want help starting up your venture!

What is an online business?

An online business is one conducted online. This involves the different processes of exchange of goods and services between individuals. An online business may comprise of one or the other transaction processes.

Based on what is being done, online businesses may call for integration of other mechanisms to safely see the purchased goods reach the purchaser such as delivery, clearance, and more.

Why you should start an online business in Uganda?

There are many reasons why you should start an online business that severely overpower the advantages associated with businesses offline. Nevertheless, it all depends on your plan and strategy. Offline businesses make good money also.

Below are the reasons why you should start an online business.

• Online business opportunities are plentiful.

There are many online businesses so it’s quite easy to look for what falls in line with your likes and preferences. In this very blog post, we shall highlight some of those online ideas.

• You can work from home and control your schedule.

With online businesses, you needn’t leave your home to work. Any comfortable place can be your workplace.

• Starting an online business is easy.

You don’t need a lot of money or know-how. Most of them require little skill, startup capital, and commitment.

The reasons for starting an online business are many. You can consider the link beow for more reading.

Read also: Reasons you should put your business online.

How to start an online business in Uganda.

This is the most critical part of an online business. How you start it up matters a lot.  A lot has been said and suggested but there are some steps we will suggest you follow in your process of starting up an online business.

Get an online business idea.

The very first thing you should do is get a business idea. What service are you going to offer? or what goods are you going to sell? By answering these questions, you are getting a business idea. Some of the ways you can get an online business idea are through brainstorming, solving an existing problem, and more of the sort. You can read more about how to find your business ideas. If you mind the stress of finding an online business idea yourself, then worry no more, we have a post about the Top online business ideas in Uganda.

Read also: How to find the right business idea.

Research more about your idea.

There are many online business ideas that you can start today and one of the most important steps to start an online business in Uganda the research whether the product/s you want to deal in is worth every drop of your sweat. It’s very important to look at the demand trends of the product to ensure that you have a ready market. The other aspects can come later and they may be optimized to suit what’s on the ground after the assurance of a ready market.

Some of the steps you can take in researching your idea are;

• Reaching out to prospective buyers and asking them if they shall support or purchase from you. This can be done through questionnaires
• Research your competitors and see how well they are doing.
• Find out if potential customers are looking for a product like yours or something else.

Take this research seriously as it can speak volumes for your new idea and help you in decision making.

Create a business plan.

This comes after you’ve researched your online idea and you know what you are going to do. The next step is to plan that idea. Below are some important elements you should include in your business plan for your online business.

Executive summary.

An executive summary should contain a brief introduction and summary of your entire business plan.

Business description

In this part, you write about your business in full depth. Clearly describe where your business will be located and more of the sort.

Business goals and objectives

Goals are achievements you want to attain while objectives are methods to help you achieve your set out goals in your online business.

Market analysis.

This involves a detailed study of your target market and your competitors to determine how best you can beat them.

Sales strategies.

You need to develop some strategies on how you are going to make sales online. These need to be included in your business plan in this subsection.

Funding.

 As early as the planning stage, you should already know the possible source of funds for your online business. These should be included in this section.

For further details on how to write a business plan for your online business, do more reading in the post below.

Make sure you have enough money to start the business.

Your online business will require startup capital to get it on the wheels. There are many ways and strategies you can use to raise capital some include using your savings, getting loans from friends and banks, through partnerships tension but a few. You can get more tips on how to raise capital for your online business from one of our posts below.

Read also: How to raise money for your side business.

Register your business and get done with all the paperwork.

Registering your business is one of the main requirements of business startup in uganda especially on a large scale. Go for it as its worth it. With the increse in scammers and con men, most online purchasers are vigilant to check authenticity of whichever company they are dealing with. Therefore, to get good deals from NGOS and the Government, registering your business is worth all the energy.

We have a complete post on how to register your busines in Uganda where you can find the details on how to register your business.

Find suppliers for any products or services you’ll need to offer.

This is based on what exactly you’ll be doing. Some online businesses may not involve suppliers while others shall. So, if yours does, then this is the right stage you’ll need to get some. If you are going to do the whole process yourself, then it’s time to get the required resources in line and ready for work. But it’s on rare occasions that you’ll do the whole business alone. At some point, you may need some assistance and this is the time to get the sources of such help or assistance that you’ll need.

Decide on pricing.

What will people pay for your product or service? You’ll want people to pay some good-worthy money for your products or services I know, but this is a time for brand development. Charge less than what your competitors charge as a move to attract more buyers to your juicy offers as they get to know your brand well. This doesn’t call for operation in deficits but in small profits as a move to attract and get the attention of the public.

Develop a delivery mechanism.

This will also depend on the goods or services you offer. Some online websites can do it all. For example, if you are selling movies online in downloadable formats, the product will be downloaded by the buyer hence no need for delivery systems. But if you are selling goods like clothes, you must then devise a delivery mechanism that delivers to different geographical locations.

You may have to charge a delivery fee to cater for costs but try to optimize it not to drive the final cost up. These are some considerations consumers shall look at before they purchase your products. Try to make them friendly.

Get a website and payment mechanism up and running.

Getting a website up and running is easier than ever before. Nowadays the hosting companies have made the whole process easy as you can follow the steps to get everything done.

YouTube has further eased these processes as you can learn everything from the start to the end there.

Never worry, if you still don’t trust yourself to set this up especially for the first time, hire a professional to do the whole process at a friendly cost. You’ll get your website up and running in no minutes. Now that you have an online presence, it’s high time you got your payment mechanism inline.

You’ll open a bank account for your business and connect it to your website so that clients can make payments to your bank through your website. Doesn’t this sound interesting? you surely need this when to start an online business in Uganda.

Market your business.

An online presence alone won’t get things on the wheels. You further need to do intense advertising to get your online business in the client’s eyes.

Here are some tips to market your online business;

• Do both off-page and on-page SEO to get your online business in the search results. You can hire professionals to do this for you.
• Get your blog up and running.
• You can also run ads on both social media and Google to make your business easily discoverable.
• Create social media pages for your online business and try to be active on these platforms

If you don’t mind, you can also hire professional digital marketing specialists to help you with this process.

Conclusion.

There we go with onlne business start up. With this, you can successfuly start an online business in uganda. Its one of the means of doing business that are slowly but surely gaining popularity in uganda. Surely, this can improve your sales and hence income. if you have any thing you wish to ask, please feel free to contact us.

What is an online business?

An online business is one conducted online. This involves the different transaction of goods and services between individuals. There are businesses which are purely online. These are not our focus. Then there are those that are not carried out online but they can also work online as it can ease transactions, improve sales and more. These are our topic for today. How can an offline business shift to online to benefit from the different benefits of being online?

Why you should put your business online.

• Now that you know what an online business is, this should be yet another question you are asking yourself. Why go online?
• The reason you should put your business online include;
• To exploit the internet as a tool for marketing your business
• You can reach more people with an online presence give many hindrances such as geographic barriers are eliminated.
• Your website will be available 24/7, 365 days a year hence no limitation of working hours
• Online marketing costs less than traditional advertising methods like print or television ads hence making it ideal to put your business online.

The reasons why you should put your business online are many. If you wish to know more, you can read our full blogpost on why you should put your business online here

Read also: Top 10 Considerations To Re-pay your Loan Very Well.

How to put your business online in Uganda.

There we go. After having some information about online business, now here are the top 3 powerful ways to get your business online.

Create a website.

This is at its simplest. It’s not hard like rocket science anymore. Even if you don’t know coding, you can build your website for yourself. If you are scared, you can hire someone to do it for you. It is one of the best ways to get yourself online. With a website, you can be assured to exploit ball the advantages of being online from selling more goods, advertising easily and many more. By adopting a website, you shall have successfully put your business online.

Embrace social media.

Often times when people hear of getting your business online, all they think about is some expensive website. That isn’t the case always. You can get your business online by getting it pages and accounts on different social media. Through these, you can chat, sell or advertise products. Does this sound great? Then get on the wheels and get your business online for a cheap by opening for it all social media accounts.

Below are some of the ways you can get your business on social media;

• Create a Facebook page
• Open a Twitter account
• Create and Instagram page
• Publish your media on YouTube
• Create a WhatsApp business account for interaction with customers.

Be part of online stores.

Online stores are sites that sell goods and services online. These stores deal in a vast amount of goods in that they don’t have all the goods but create a platform through which different businesses can showcase their goods and sell them to customers through their platform. Some even just help hook customers and buyers.

These companies earn a commission for every good they sell which is always added to your original price or charge a fee for advertising or benefit through adds on the platform. This is a super easy way to get online in Uganda. All you need is to contact the administration of the respective platform and see how you can get along.

Read also: How To Find the Right Business Idea.

Some of the platforms in Uganda include;

Jumia Uganda.

This is a collection of many sellers and often times you find a product being sold at different prices due to many different buyers being on the platform. You too can get your business online by being part of Jumia Uganda. For details on how to join the many sellers on Jumia Uganda, read the guidelines on the link.

Jiji Uganda.

This is more of a platform for connecting buyers and sellers. This is easier to use compared to Jumia. All you have to do is register your account and then make posts if the different goods and services you offer. Your posts will be reviewed and published if them conform to the post standards by Jiji Uganda.

I have just given an example of jumia and jiji uganda but there are many more platforms you can look out for in Uganda.

Conclusion

You have a business that is looking for more exposure, it’s time to consider the benefits of the internet. You can reach more people with your message when you market through digital channels like social media or email campaigns and keep in touch around the clock. Your website will be available 24/7, 365 days a year which means potential customers don’t need to wait until they’re near your store hours before being able to learn about what you offer.

The internet also costs far less than traditional advertising methods like print or television ads so there’s no reason not to get started today! Creating your own website from scratch has never been easier thanks to affordable templates and easy-to-use content management systems. If your business is not ready for a website now due to financial and expertise issues, then you can try online stores like Jiji and Jumia Uganda. These can help and obviously not ignoring the power of social media. I look forward to listening to your success story online.

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