With the fact that the internet space is booming at a highly rapid pace and people increasingly taking the benefit of sitting on a Chair and with the clicks of a button and some keystrokes are able to get their needful delivered at their home location with the fact that they did not spent their much time in travelling to a store and standing in a queue, or a bunch of people to pay for the product or search for the right product.

The Online Shopping nor only lets one to choose from all the variety of products available in the Market, but also lets one to choose across various brands, that are availale under one roof. Here the Buyer also has the fexibility to take a view at the ratings given to a Product ( by the Buyers who have already purchased the product) and thereby deciding upon which one to buy among the several.

The payment mode has also undergone drastic changes and is now a days considered to be a hightly secured mode of payment because of the highly secured and encryptic algorithms used in the process.

A seller who is there to set up its own Online Shopping Platform has to look in for the following to get A Online Shoppping Platform to get in Place.

1) A Business Plan : Your business plan lays it all out. It details what you sell and where your profit comes from; how much inventory you'll have on hand and where you'll store it.

2) A Reliable Source for Your Product : Make sure your supply line is steady before you plunk down your money.

3) A Good Domain Name : A good domain name is short and memorable and — most important — easily typed. Ideally, a user can simply hear it and know how it's spelled.

4) A Reliable Web Host : -Your Web hosting service is the technical backbone of your site: its service and support options will play a big role in your business's operation.

5) A Web Designer : Homemade Web sites aren't like homemade cookies. No one likes the way they look. Worse, an ugly site makes shoppers wonder: should I enter my credit card number in this funky looking site?

6) E-Commerce Software : This is the software that will run your store, from product display to inventory management to checkout.
Selecting your e-commerce software is one tough choice. You can try it out ahead of time, but you won't fully know how you're going to like it until you're up and running for a while. At that point, changing your e-commerce platform is like changing boats in the middle of the ocean.

7) A Credit Card Merchant Account : To accept credit cards online, you'll need a merchant account, which is an account with a bank or other financial institution that allows you to accept your shoppers' credit card numbers.

Now the Seller Knows what are the mandatory things before setting up an Online Podium.
To end with it is mandatory to say that this is the time of Internet Space and Surely more and more peopel are being added in this Cyber World, so a business mind who is there to set up an Online Shopping Place knows the fact that he is there in the market atleat for the next 50 years to come.