How to start online book store in India

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How to start online book store in India

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Books are one of the top things bought over the Internet. An online book shop is an incredible business model for start ups in India. Books are the things from where many great start ups like Flipkart and Amazon started, the reason books are considered as the best product to start an eCommerce business as there is not much variation in the product like quality, fabric, size etc., and so, because of this people tend to easily trust the site and then it becomes easy for the website to sell other products. In online business, once you have customer’s trust you can sell anything to them and they would easily buy from you. This is the actual take of experts on the success of amazon and flipkart. – PowerPoint PPT presentation

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Title: How to start online book store in India


1
How to start online book store in india
2
How to start online book store in India
  • Books are one of the top things bought over the
    Internet. An online book shop is an incredible
    business model for start ups in India. Books are
    the things from where many great start ups like
    Flipkart and Amazon started, the reason books are
    considered as the best product to start an
    eCommerce business as there is not much variation
    in the product like quality, fabric, size etc.,
    and so, because of this people tend to easily
    trust the site and then it becomes easy for the
    website to sell other products. In online
    business, once you have customers trust you can
    sell anything to them and they would easily buy
    from you. This is the actual take of experts on
    the success of amazon and flipkart.

3
Why to start business of book selling in India
Online
  • The market of books and educational products is
    growing rapidly in India, the first question
    which comes to mind here is Is this venture
    really feasible or why does people will buy
    from your online store rather than their local
    book shops or offline stores, the answer is the
    size of discounts an online store can give is for
    too greater than any offline. And also the range
    of books, their huge catalogs in various
    categories offered by online store can be
    incomparable. Comparisons between different
    authors, publications, readers review etc. gives
    customers an extra reason to shop online. Hence
    people prefer to spend more time online
    researching the book and buying them there,
    rather than to go to any local stores, as there
    is no one to give them any information about the
    book.

4
Business plan for starting an online book store
how to a start bookstore
  • The next thing to look for is what are the
    things on which you need to work on to setup your
    online bookstore business..
  • Finalizing a perfect Domain Name or Business
    Name
  • The first step for getting started will be to
    find a good and relevant domain name of your
    venture and the best way is to use the online
    tools which can help u in some domain
    suggestions. You can check the list of tools for
    finding a perfect domain name here. Next step
    after finding a business name of your choice will
    be getting the legal formalities and other terms
    like venture

5
Business licenses needed for staring online book
selling business in India or starting online
business in india
  • Legal formalities of starting a Book based
    venture is simple, it includes a registration of
    the business, like getting a proprietorship firm
    registered, or if there are more than one
    founders, then getting an partnership firm
    registered will be required.
  • The registered firm will also be required to
    get a VAT number or a TIN number as per state
    legal formalities. These are required for selling
    products with Invoicing and for other
    formalities. For this you can take help of a
    local Chartered Accountant.

6
Website for starting business of book selling
  • The most important part this business or for
    starting ecommerce business in India, is your web
    store. So for the website the best part I would
    recommend for the start up is choosing some kind
    of eCommerce platform which can help u with
    complete hassle free solution. You can go for
    Nationkart to build your store as they can help u
    with complete single window solution like
    business registration, domain search, logo
    designing, web store design with responsive
    model, SEO and all other steps.

7
Getting a payment gateway
  • There are many payment gateway aggregators in
    India who can help you with the system which is
    required for accepting payments online in your
    web store.
  • Here are the basic Transaction charges that would
    be charged by a payment gateway aggregators in
    India for getting an online transaction in your
    store.
  • Debit cards 0.75-2
  • For Credit Cards 2.0 3.9
  • For Net Banking 2.0 3.0
  • The commercials mentioned above are approximate
    and will depends on the aggregator u go for,

8
Getting an Logistics company for shipping
  • For the logistics part either you can contact 3rd
    party service providers like Bluedart, Fedex,
    DTDC or you can contact Nationkarts executives
    for NPOST. This can help you to get discounted
    rates, and also automated system for shipping and
    logistics.

9
Product Sourcing for starting up an online
bookstore.
  • One of the most important part is finding a
    perfect supplier of the books, basically there
    are two kind of suppliers, publishers and
    distributors. Publishers are the ones who
    publishes the books and distributors are some one
    from whom you can get inventory of multiple
    publishers at single desk. Suppliers Locations
    in India   You can get all the major publishers
    and distributors in Daryaganj, Delhi. And also,
    each of the distributors have their sub branches
    in most of the cities.

10
bookstore business plan Margins / Profitability
and ROI Calculations
  • Starting up an online bookstore can be profitable
    in India if one acquires a large volume of
    traffic and is successful in converting the
    traffic into sales.
  • The margin percentage provided by the publishers
    on the books
  • Discounts in terms of age on the MRP

11
Margin Margin Margin Margin
A.B. 25 N.Age 30
Abhinav Pub 35 Narosa 25
Abp 30 Natraj 35
Aitbs 30 Nbt 30
Allied Pub. Pvt. Ltd. 25 Neelkamal Publ 30
Ane Books 30 Nem Chand Brothers 15
Api 35 Nirali 15
Associated 20 Oclc 30
B.Jain 30 Orient Longman 30
Bpb 30   35 Oup 33.33
Bright Publication 40 Oxibh 30
Bsc 40 Palgrave 30
Bsp Books Pvt. Ltd. 25 Paragon 35
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Butterworth 30 Penguin 30
Cambridge 30 Penram 30
CBS PUB 30 Pentagon Press 35
CHILDREN BOOK TRUST 30 Phi 30
Cengage 30 40 Popular Prakashan 33
Charotar 20 Prabhat Prakashan 33
CENTRAL PUBLISHING HOUSE 20 Pragati 20
Danika 35 PEARSON 27.5 40
Dhanpat Rai 20 Qford 35
Diamond Books 35 Rajpal 33.33
Ebd 35 Rang 30
Elsevier 30 Rastogi Pub. 20
Excel Books 33.33 Rawat Pub. 30
13
Exme 30 Roli Books 35
Frank 20 Rupa 30
G.K.Pub. 35 S.Chand 20
Galgotia 35 S.K.Kataria 25
Gpc 35 Sage Pub.Pvt.Ltd 35
Hbs 30 Sahni Brothers 33.33
Hpb 35 Satya Prakashan 20
HIND POCKET BOOKS 20 Standard 20
I.K.Int 30 Scientific Publisher 25
Ibd 30 Scitech Pub. 30
Ibdc 25 Sharda Pustak Bhawan 25
Ibh 35 Spectrum 35
Icfai 30 Springer 30
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Indrapublishing House 35 STERLING 25
Jagran 30 Student Edition 30
Jaico Pub. 35 Sun India Publications 20
Jain Brothers 30 Surjeet Pub. 30
Jawahar 25 Taxman 20
Khanna 20 Taylor And Francis 30
KEDARNATH 20 Techmedia 30
Konark Pub. 30 Teksons 35
Laxmi Pub. 22.530 Think Inc. 35
Loyal 30 Tmh 32.5 40
Macmillan India 25 Udh 30
Made Easy 40 Umesh 20
Manjul Pub. 35 Universal 30
Metropolitan Book Co. (P) Ltd. 20 Vikas 30
MCGRAWHILL INTL 30 Viva Books 30
Mlbd 30 Vrinda Pub 25
Mpp 15 Wiley India 30
Word Press 30
15
The list is not updated every day as per
changes in pricing and is for informative purpose
only.
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