How Much To Start A Small Online Retail Business?
Please ONLY answer if you HAVE an online business. Basically, I just need to know what an average monthly price should be for a website that can support a business and have enough bandwidth without causing slow usage. Also, if you have any suggestions for where I should host my domain that would be great. Lastly, if you have started and online retail business please share some tips which could help my effort.
I run 5 websites (none in retail though). I can say that this is a hard question to answer. Clearly, overstock.com will cost more to run than joesglass.com. I personally use bluehost.com for hosting, so my monthly expense is under $10 for all 5 sites (non-retail though…). I see anywhere from 8k to 20k visitors monthly with no speed issues. You should probably look into some e-commerece software solutions like this:
http://smallbusiness.yahoo.com/ecommerce/
It looks like their starter package is about $40/month, and its scalable in case your business grows unexpectedly.