shine mangalore (advocate) 30 November 2011
Sir/Madam,
My client wants to start a business online by selling some home made products. Can he start his own website? whether it is free or paid one? What are the applicable taxes or how taxes are collected?what are the rules or laws he has to comply with?whether TDS is applicable? PLease let me know the answer at the earliest.
Thanks in advance.
ABHIJEET PARIKH (Bcom LLB MBA) 30 November 2011
hi
In case of home made productsand selling it online ur client will be exposed sales tax , transportation charges in order to deliver the same to customer
a website shud have credit card payment facility and it shud strongly encrupted that online mechanism will be costly
apart from that ur client will also remain expose to VAT, Exise duty etc
what kind of concern ur client trying to establish the above things mentioned are broad outlines
Regards
Abhijeet
shine mangalore (advocate) 30 November 2011
Hi
Thank you Abhijeet.
He is selling herbal products like soap, herbal intakes etc. Should he have trade mark for the same?
Please guide........
ABHIJEET PARIKH (Bcom LLB MBA) 30 November 2011
If he is selling herbal product then he shud get approval of Indian Ayurvedic Council ie some regulator approval to sell herbal product it is important especially if he is mfg the herbal product
Even if he is buying herbal raw material from outside and selling it under his different brand such an approval is required
He can go for trademark registration to maintain its brand name
If he is exporting to USA the US FDA approval will be required
Regards
Abhijeet
Rajesh Hazra (Mediator and Legal Counsel ) 01 December 2011
Rightly advised by Advocate Abhijit. you also need to register your marks with the local Trademark Registry.
Regards
Manish Singh (Advocate) 07 December 2011
Dear Shine
In order to be eligible to sell or enagged in trading of herbal products, you are required to obtain a license under The rugs and Cosmetics Act, 1940 from Central Drugs Standard Control Organisation.
You do not need any approval from the Ayurvedic Board.
You can trade online after having compliaces with tax statutes and other guidelines as applicable.
shraddha Shukla (Practicing Company secretary " Corporate Law Consultant") 07 December 2011
For the purposes of this introduction, I'll be focusing on the last -- earning money from your online business -- and letting you know how I can help you there.
First, let me tell you what I do. I provide information about Internet marketing in the form of articles, annotated links to key articles, newsletters, books, and seminars. Here's how the site is organized:
About Dr. Wilson. I'm a pretty known entity online, having been a pioneer in the field of Internet marketing since beginning Web Marketing Today in 1995. Tens of thousands of successful online businesses have gotten their start from articles, e-books, and information on my site. If you need more, you can find online a brief bio, press mentions, and various awards.Now, on to e-commerce. You've come to the richest site on e-commerce anywhere on the Internet.
But before we examine what's here, let me remind you that unless you do the research, build a site, create content, develop traffic, and build customer loyalty, you're not ready for e-commerce. It's simple: You've got to build the traffic before you begin to earn!
Let's take a look at the tasks of E-Commerce:
One brief book I wrote that covers a lot of this ground is 10 Steps to E-Business on a Shoestring, which explains how to sell online with a very low start-up cost.
If you're just selling a few products, you can probably get started with PayPal's shopping cart. It's pretty simple, but free and quite accessible.
If you're selling a few downloadable products, take a good look at 1ShoppingCart. It bundles together a shopping cart, digital download system, affiliate program, ad tracking, and autoresponder into a single package.
Beyond that I've found more than 225 different shopping cart programs. Some are quite simple. Others are quite sophisticated and contain special features such as true order management, catalog building features, wish lists, gift registries, and real-time UPS shipping calculations based on weight, ZIP, and type of shipping selected. I sincerely recommend that you purchase The Shopping Cart Report, which goes into great detail about shopping cart features, summarizes the features and pricing for 225 carts, and contains detailed information on more than 50 vendors. There's nothing like it available anywhere else!
Incidentally, if you become a paid subscriber to Web Marketing Today Premium, you will receive a complimentary copy of The Shopping Cart Report and a number of other key e-books on e-commerce. If you're a subscriber and looking for a special feature, you can search my Shopping Cart Software Database of 225 carts by keyword. You'll find more information on shopping carts in the Online Store Software section of the Web Marketing Info Center.
Make sure you select your shopping cart first. Then go on to select a merchant account and payment gateway compatible with your cart.
A merchant credit card account, of course, allows you to take credit cards online. You can use PayPal for this, but if you do more than $1,500 per month in online sales revenue, I recommend that you get your own merchant credit card account. See my PayPal Buyers Survey for more details on what merchants gain from PayPal as a payment option.
In addition to a merchant account you'll need a payment gateway -- a system that will transmit credit card information securely the credit card processor and back with your authorization. The best way to get a payment gateway is bundled with a merchant account -- you'll get a discounted rate for the payment gateway. If you use PayPal, a Yahoo! Merchant Solutions store, and some other hosted systems, the payment gateway is already supplied -- you won't need another one.
There are lots of vendors for merchant credit card accounts -- a few shysters and many legitimate businesses. One I trust is Practice Pay Solutions, if you can't find one you like.
For more information, take a look at the Transactions section of Web Marketing Today. Also see the following sections of the Web Marketing Info Center (for paid subscribers to WMT Premium):
Finding the right products and services to sell should follow careful research. There are several tools (on other sites) that can help you do this.
Many people online sell products by drop-ship -- that is, you fax the order to the distributor or manufacturer who ships directly to your customer and then bills you for about 30% under the retail price. If you want to do this I strongly recommend WorldWide Brands' Drop Ship Source Directory, which is kept up-to-date constantly.
For further information see recent articles in the E-Commerce section of Web Marketing Today. If you're trying to sell in particular industries, you'll find thousands of specific examples, analyses, and case studies in the Industry Case Studies section of the Web Marketing Info Center (left side near the top) for the following sectors: apparel, auction case studies, auto industry, B2B, beauty products, books sales, computer hardware and software sales, consumer goods, e-book publishing and sales, financial services, furniture, gift stores, groceries, health products, malls, music, non-profits, office and business supplies, photographs and art sales, subscripttion publications, real estate, specialty/health foods, sporting goods, toys and children, and travel. Other sections that relate to product sales include:
If you sell online, you'll probably be using Pay Per Click (PPC) ads with appropriate keywords from Google and Overture to get people to your site. This can be quite effective, but you absolutely must develop landing pages designed to get the visitor to actually buy the product. For this purpose, I wrote How to Develop a Landing Page that Closes the Sale, which explains step-by-step how to do this. Without landing pages for your ad click-throughs you'll have a low conversion rate -- the percentage of click-throughs who actually make a purchase.
Boosting that conversion rate is vital to success. Once you've got the traffic and the landing pages, you'll want to continue to raise your conversion rate. You might begin with 0.5% to 1%, but with careful attention and testing, you may be able to raise this to 2%, 5%, 10%, and perhaps higher. Brand name online stores do this.
I give a lot of attention to online sales on my site. You'll find recent articles in the Conversion section of Web Marketing Today. In the Web Marketing Info Center, you'll find lots of details, reports, studies, and suggestions in the following sections. Note: Most of these require a paid subscripttion to Web Marketing Today Premium to see all the information.
Okay, that gives you a pretty good idea of how to get the most out of the e-commerce end of my website. I haven't mentioned all the search engine optimization and site promotion information, but you'll find that, too. Enjoy! I wish you God's blessing as you develop a successful online business.
Rahul (Manager) 10 June 2012
Doing an online business can be good provided you are able to target the right clients. There are diferent means on marketing in different places on the internet.
There is Google, FB, Twitter, etc.
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