Home / Business and Politics / Guide for Small and Micro Enterprises: How to Open Your E-Commerce Store

Guide for Small and Micro Enterprises: How to Open Your E-Commerce Store

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Recently, we wrote an entrepreneurial story in Lider about Zorina’s Ointment, a domestic cosmetic brand that this author stumbled upon by chance in a drugstore and decided to ‘Google’ what it was about. This relatively unknown and small company has become increasingly noticeable in the Croatian market over the past few months. The reason for its significant growth (of as much as 117%!) in the past year in e-commerce and social media is evident. These channels are its main strategy, although it is also present in large retail chains. And why wouldn’t it be: in a sea of cosmetic companies – whether Croatian, American, French, German, or in recent months, Korean – not every company can stand out and gain as much space as it desires on the shelves of physical stores. Therefore, in the vastness of the internet, almost anyone can rise to the top of the algorithm; one just needs to know which strategy to apply.

It is, of course, easy for the big players. Huge budgets, numerous employees, engagement of external agencies… there are no resources that are not at their disposal, and to ensure that our micro-entrepreneurs, small and medium-sized enterprises are not left behind in the online race, we decided to reveal how to create a competitive e-commerce store. Although some may now think: ‘I don’t need an online store; my products are in physical sales locations.’ or ‘What do I need a webshop for when there is Facebook Marketplace?’, the answer for such cynics may be best articulated by the president of the eCommerce Association of Croatia, Marcel Majsan.

– If they have a physical store, they must also have a webshop because otherwise, the competition will sweep them away; it is just a matter of time. Of course, you can continue to operate ‘the old way’, but while you are contemplating whether to place an ad in the Blue Pages, others are using AI technology to optimize the text of their ads to resonate with every customer. If your competition delivers by drone, and you do not offer any delivery, who do you think customers will choose? Moreover, if you do not have an online store, you are practically invisible to 99% of your potential customers – explains Majsan.

Although Zorina’s Ointment has unfortunately not revealed the secret of its e-commerce store by the time of writing this text, the founders and directors of the Healthy Food Factory (TZH), Elvis Kajtazović and Dominik Milolož, a company that recorded revenues of 18.86 million euros last year and truly has a strong segment of e-commerce, tell us that their start was simple because they knew what they wanted and because e-commerce in Croatia was just in its infancy when they started. However, they quickly wanted to refine, improve, and modernize it even further, so the process took some time as they wanted to keep pace with the online world, from payment methods to special selection options, so maintaining the webshop is always challenging.

Never Easier to Get to E-Commerce

– The most challenging parts were certainly technical, as there are many processes that are not visible at all. After all, we are not just a webshop but also a kind of online portal with news, healthy tips, and recipes. Preparing texts is already a large process involving dozens of people in our company, and that is just one percent of the entire webshop – say Kajtazović and Milolož, but they add that there are indeed many advantages.

– Accessibility for absolutely everyone who has internet and uses it. You cannot reach a small Slavonian village or an island where cars do not drive with a physical store. With a webshop, you can do all that. Additionally, it is easy to build the social side of TZH based on it, so last year we also launched a digital cookbook, and we rounded up our Facebook followers to two hundred thousand – these entrepreneurs tell us.

A commendable e-commerce store is also run by Ana Markuš. Her company Furniture1, which generated as much as 20.14 million euros last year and employs 37 people, is behind the e-commerce store Namještaj.hr. As she told us, creating a quality e-commerce store is a process that takes time.

– We have a separate team that works daily solely on our online store because we want to ensure that everything on the site is always correct and that everything runs smoothly to provide our clients with the best possible online shopping experience – says Markuš.

However, Majsan claims that it is easier today than ever to create an e-commerce store, but it must also be taken into account that competition is increasing, making it increasingly difficult to build a brand without significant investment in marketing. Nevertheless, this e-commerce expert briefly explained how he would proceed if he were to launch an e-commerce store today.

The entire text on how to create your e-commerce store can be read in the printed and digital edition of Lider.

The article is available in the printed
and digital edition of Lider