Creating a unique boutique online isn’t as daunting a prospect as it once was. You can open an online business from anywhere, including the comfort of your own home. When you put in the time to form your business plan and your business structure before launch, it will lay a foundation for success before you even make your first sale.
Starting Your Online Boutique
When there are so many different e-commerce platforms, you want to make sure you are setting yourself up for success — but also apart from other online stores. The type of business you open, whether it is a vintage, homemade goods or clothing boutique, should reflect the products you want to sell. It is time to start focusing on the steps you need to take to open your online boutique.
- Pick a product you are passionate about.
- Build your business blueprint.
- Bring your brand to life.
- Set up your site and store.
- Market your merchandise.
1. Pick a Product You Are Passionate About
It is time to take your passions and make them happen. To open your own business, you need to invest time, money and energy. When it comes to motivation, how you sell something online may not be as important as what you are selling online.
Narrowing down your passions and choosing something you truly care about can help create a boutique you’ll want to stick with long term. Here are some questions to ask yourself before you start selling:
- What are your hobbies?
- Is there a niche market you are interested in you don’t see represented online?
- Are you making or creating things in your spare time you could mass produce and sell?
- How do you envision your success?
- What are your strengths?
- Will this be your full-time job or side hustle?
2. Build Your Business Blueprint
Executing your idea starts with creating an outline for what you want your online boutique to look like and how you want it to function. The key points in your business blueprint are your business plan, business structure and product development.
To form your business plan, use the answers you have for the following questions.
- What are your core values and goals for your online boutique?
- Does your online boutique solve a problem for potential customers?
- What is the ideal client experience you wish your customers to have?
- What is your marketing strategy?
- What obstacles might you run into?
- What resources do you need to function?
- What will your boutique’s presence look like on social media platforms?
Register your business with the appropriate government authorities and obtain the required permits and licenses. Meeting all federal and state tax requirements and getting your federal tax ID numbers when you start helps prevent any roadblocks in the future.
Example business structures include sole proprietorships, partnerships, corporations and LLCs.
How you price your products will depend on many factors, such as shipping costs, sales tax and overall demand. That aside, one of the main driving forces for not only your product’s cost, but also how you produce and distribute, will come down to how you choose to develop your products. Here are some common models for you to explore to see which could best fit your business blueprint.
- Dropshipping: You choose a third party to make products and fulfill orders for your boutique, which allows you to not have to store inventory.
- Handcraft: This involves both creating products and fulfilling orders on your own.
- Manufacturing: You work with an overseas company that develops your product and then ships it to you for you to distribute.
- Reselling: This is where you buy products from other companies or brands through a wholesaler and then sell them for a marked-up price in your online boutique.
3. Bring Your Brand To Life
Coming up with your unique brand is more than just naming your business and picking a logo. Your brand vibe will hopefully attract your ideal customer tribe. Your art design and content will attract them, so make sure when they find you, the client experience stays consistent.
Your boutique name and brand should not only be unique but also something catchy enough to remember, so that when potential customers enter it into a search engine, it pops right up.
When choosing a name for your online boutique, consider the following:
- Is the website domain available?
- Are the social media handles available on multiple platforms?
- Is it too similar to another website or business name in your state?
4. Set Up Your Site and Store
The foundation for any online boutique is the functionality of the e-commerce website you design for it. It is the visual representation of your store for your customers to view and hopefully buy your products. If you are not technology fluent, investing in a website designer and developer may be advisable to make sure your interface and accounts are set up properly.
Here’s what to consider when designing your website:
- Type of payment processor
- Web host and browsing speed
- Doing a trial run with friends and family
- Evergreen content, such as videos or blogs
- Aesthetic and user-friendliness
5. Market Your Merchandise
When it comes time to market your online boutique, consider both direct and indirect advertising campaigns. Your social media presence will also play a huge role in driving traffic to your online store. Deliberate over these marketing methods to form your strategy:
- Email marketing: Email is one of the easiest and most cost-effective marketing channels out there. You control the content, distribution, timing and audience. Start building your email list of any new, current or potential customers so you can communicate about your boutique and alert them to special sales and discounts to build brand loyalty.
- Facebook ads: You can specifically market to your demographic through target marketing with Facebook ads.
- Google ads: Search engine optimization, or SEO, helps people find products they are looking for through search engines, which is most commonly Google. This type of marketing attracts high-intent buyers.
- Influencer marketing: Having people with a lot of followers on Instagram, TikTok, YouTube or other sites use and talk about your product can boost sales.
- Instagram marketing: This platform is somewhat of an online boutique mecca and a great place to display your products in a visual and stimulating way.
Opening your online boutique can be a lot of hard work, but that work can be rewarding. Chances are, if you are starting your own small business, it is because you have a passion for it. There is always room in the market for new and unique products, so start planning today.
- How do I start an online boutique from home?
- To start an online boutique from home, you can follow these steps:
- 1. Pick a product to sell, ideally one you are passionate about.
- 2. Build your business blueprint by coming up with a business plan, structure and production strategy.
- 3. Bring your brand to life with a name and design.
- 4. Set up your site and store, working with a web designer if necessary.
- 5. Market your merchandise through email, social media and other channels.
- Is owning an online boutique profitable?
- Depending on your production and development, online boutiques can be very profitable, since there is little overhead or labor cost.
- How much does it cost to start up a boutique?
- For a brick-and-mortar boutique, the cost will vary depending on your location, how much space you need and what you plan to sell, but it's likely to fall between $50,000 and $150,000.
- An online boutique also has some startup costs, like purchasing your domain name, paying a web designer and paying for your business license, and could fall around $300 to $10,000, depending on how much of the design and marketing you do yourself.