If you want to start an online business in Mexico, there are things you need to know before doing that, and in this post, we will be discussing the basic things you need to know before setting up your business in the country.
The country’s eCommerce sector is fast growing and with a population of 128 million people, there is always a market for your product. Hence, if you want to start an online business, Mexico is a nice place to start your business
If you want to sell online Mexico, it is advisable to choose a top-selling product in the country, this way you’ll be able to meet the current demand. So, here are the top-selling products in the country electronics, clothes, travel, books, computer equipment, and furniture.
So, you can choose any of these products for your online business in the country.
If you are spending on a tight budget and you want to sell your product to your Mexican audience, you can use an online marketplace instead of creating a website for your business. However, once you've made enough money, you can create your own website. Here are the top online marketplaces where you can start selling your product online in Mexico; eBay, Apple, Liverpool.com, Alibaba, Amazon, Walmart, and Coppel.
To choose the best option here, you have to study these entire marketplaces to know more about them and the best fit for your product.
Payment gateway is the most important part of an online store and the most sensitive part as well. Hence, you have to be very careful when choosing a payment gateway for your business in Mexico.
To get things right here you have to check the security level of any payment gateway you choose for your business and also make sure it is a popular payment option in the country.
However, to sell online Mexico and meet your audiences’ preferred payment method, these are the top payment methods in the country, credit/debit card, PayPal, Stripe
By choosing popular and secured payment methods, your customers will trust your brand and it will be easy for them to make payment on your site, hence this helps to reduce cart abandonment.
Just like in any other place in the world they like free shipping, discount, and great return policies. So, you can start by offering a discount and free shipping to your audience.
The peak period for online sales in the country is during the full-weekend promo. They also have the “HotSale” period; this is the period when they offer a discount to their customers for three or four days.
So, if you want to sell online Mexico, you should know about this period and then come up with a strategy on how to meet up the demand.
To sell online Mexico you have to know some prohibited goods and restrictions in the country. Here are some of the restricted goods in the country; Alcoholic beverages, electronic cigarettes, furs, precious metals, tobacco, etc.
Let’s see how you can start your online business in Mexico
To sell online Mexico, you must start by picking a product for your business. A great rule of thumb here is to choose a product that is in demand in the country.
The next will be to carry out your research about the chosen product, your audience, and how to speak to your audience with your product.
You can now choose a business name, your business name should have some kind of connection with your business and also be easy to remember. It is advisable to use your business name as your domain name, so you can use Bluehost, GoDaddy, Hostinger, etc. to know if the business name you choose is available for a domain name.
To start your online business in the country, you need to choose the business model and register the business at the appropriate bodies in the country.
Once you have registered your business in Mexico, you can now create a website for the business and start the marketing process. With the help of website builders like WordPress, Wix, Squarespace, etc. you can create a website for your business and integrate any payment method you want.
Scroll down to read our indepth Ecommerce Platforms Mexico guide. What you should know, Ecommerce Platforms Mexico features, price plans and support. Pros and Cons of Ecommerce Platforms Mexico as a ecommerce, everything is explained below.
Sell Online Mexico Table of Contents
Sell Online Mexico Shopify is a software company that specialises in ecommerce software for small to enterprise level businesses.
Sell Online Mexico Shopify is listed as the best ecommerce software. Shopify was founded in 2006 in Ottawa, Canada and currently has over 6,124 employees registered on Linkedin.