Selling goods and services over the internet is becoming increasingly common in Ukraine. This is proving to be more profitable to business owners while also lowering costs to customers.
Ukraine has both local and international online marketplaces, such as Rozzetka, Prom.ua, and Olx.ua, to name a few. These platforms provide Ukrainian customers with a variety of options when shopping. Let's look at why selling online is a lucrative idea for modern business.
BENEFITS OF SELLING ONLINE IN UKRAINE
Low operational costs
When running an e-retail, you do not necessarily have to pay rent or bills. Also, you need a few, if not zero employees to operate your business. What you need the most is an excellent website that performs well and a decent internet connection.
Distance and location are not a barrier
When selling online, location is not an issue; one may quickly sell from the comfort of their own home or any location of their choice. This makes it easy to communicate with customers from all over the world.
A wider customer reach
The great thing about selling online is that you are not limited to a specific geo-location. You can sell to clients all over the world. All you should have is a competitive web platform that attracts customers.
Unlimited time for business
Unlike retail stores, shopping online does not restrict customers from buying goods during business hours only. Customers can access your portal or website at any time.
It's easy for customers to make payments. They can use a variety of online payment platforms out there. Even better, payment can be made using cryptocurrencies if you like.
Top Online Selling Sites In Ukraine
If you need some inspiration, below are several online businesses you can find in Ukraine. The companies operate both locally and internationally.
Local Online Marketplaces
Olx.ua - This is a well-known e-commerce website in Ukraine that lists classified ads and receives over 5.5 million users each month, according to figures.
rozetka.com.ua - This is Ukraine's most well-known and widely used e-commerce website. It was created in 2006 and has since grown to become the world's largest e-commerce shopping website. In its early years, the platform's sales were typically consumer electronics, and over 6,7 million users visit the website each month.
International Online Marketplaces
HOW DO YOU SELL ONLINE IN UKRAINE?
Website name & domain
Choose a website name and domain that customers can find or remember easily. The idea is to be quickly identifiable. Also, design a website that is user-friendly for customers.
When working with online customers, payment methods are critical. Use as many electronic payment options as possible, for example, PayPal, visa card, google pay, apple pay, debit card, and credit card. Providing customers with their preferred mode of payment prevents them from abandoning the whole buying process.
Marketplaces such as Amazon have free shipping to ensure that goods are delivered to customers quickly. However, not all e-commerce stores have the same arrangement, so before listing prices, it would be best to measure and strategize the shipping costs and returns first.
Advertising is essential for acquiring and retaining customers. Platforms such as Facebook, Instagram, and YouTube will help direct traffic to your website. Other than through social media, a business can use funded advertising to reach out to many potential customers.
Make sure that the web is running smoothly and without errors. These can easily annoy customers. Also, add captivating content, and describe your products and services comprehensively.
Ukrainians are impressed with discounts, promotions, quick and free shipping, etc. Once in a while, you can indulge these to attract more clients. This helps your business to grow and acquire a larger client base.
Please note: when selling online, honesty is critical. Customers must be informed of the precise time of delivery and whether or not the item they ordered is available. Customers demand reliable retailers.
Clothes, accessories, household goods, appliances, and beauty products, are on-demand and can be sold online in Ukraine. These are the most common items. You won't go wrong.
Selling online generally requires a thorough understanding of the goods being sold. To identify goods that are in high demand, extensive research is needed.
There are legitimate goods that can be sold online and also illegal items that cannot be sold. These are listed by the Ukrainian laws, and you should investigate to learn more. Regulations are in place to track illegal products that could be sold through free and sponsored ads.
Finally, selling online in Ukraine is a profitable business. To make it work, one must have the necessary skills and must be able to commit to the company.