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How to Build an Online Store Step by Step 2020

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How to Build an Online Store Step by Step 2020

Do you need to build your own online store by yourself?

All of us know building an online store is a not easy task or not a small task. Especially, if you do not have a good knowledge of web design and development, you have to face lots of problems in design and developing an online store for your business.

But, Don’t worry about that, Now you can get required every help in LankaTricks.

We build many of online store websites for our users, Then, we decided to make a fully complete guide for building an online store step by step by yourself.

The Things You Need to Start an Online Store

Today is the most suitable time to build your online store.

First of all, you have to collect the same required things to start building your own online store.

if you have a computer, That is the impotent thing to start your website without acquiring any special skills.

Following three things you need to start to build your online store by yourself.

  • A domain name idea for your website ( It is the name of your online store. Ex: ebay.com, alibaba.com ).
  • A web hosting account to host your website (Web hosting is the place where your files placed on the Internet ).
  • Only about 1 hour of your undivided attention.

Building your own online store is really simple with this guide.

You can make your online store within one hour by using this step by step guide.

The following things are cover by this guide.

  • Register Your Domain Name for Free.
  • Select a best hosting for WooCommerce.
  • Get an SSL Certificate to your website for Free.
  • Install WordPress and Create a WooCommerce store.
  • Add Products in your Online Store.
  • Customize Your WordPress Theme and Extend functions of Your Online Store with Plugins.

Are you Ready? Let’s get started on our project.

Setting up Your Online Store Platform

Most users make same biggest mistake by selecting the wrong platform for their online web stores.

if you are following this guide, you will not be making that mistake.

Considering eCommerce platforms, There are two most popular platforms are available which we can recommend. These two are Shopify and WordPress with WooCommerce.

Considering Shopify, it is a fully hosted eCommerce solution and The basic package started at $29 / month. Shopify is a non-dispute solution for an online store where you can just login and starts selling.

The other side of Shopify is quite expensive and available payment options are limited unless you have to pay additional fees to get other payment options.

This is the reason most users are selecting WordPress with WooCommerce because it offers flexibility.

WordPress with WooCommerce requires some setup, but it is valuable for doing it in the long run.

The wooCommerce platform is the largest eCommerce platform in the world.

Here, we are going to teach how to setup an eCommerce store using WordPress with WooCommerce.

First, you need to Domain Name, Web Hosting and SSL certificate to setup your online store.

Domain name is an address where Internet users can access your website. Users can access your site by typing your website domain in their web browser. As examples of domain names are Google.com, Ebay.com, FaceBook.com, RealCodex.com, LankaTricks.com etc.

Web hosting is a service that allows organizations and individuals to post a website or web page on the Internet. Web hosting service provider is a business that provides the services and technologies required for the websites to be viewed on the Internet.

SSL Certificate is a small data file that digitally binds a cryptographic key to an organization’s details. Add a special security layer on your website by SSL certificate. Therefore, your website can accept sensitive information like credit card numbers and personal information. SSL Certificate is impotent to accept credit card payments on your website.

Usually, you can buy a domain name for $14.99 per one year, web hosting can buy for $7.99 per one month, and SSL certificate can get $69.99 per one year. So, That is the startup cost for building your online store.

According to my experiences in web development, I can recommend Bluehost is a hosting provider that can get an official WordPress and WooCommerce.

Initially, you can get started with a $5.45 per month plan.

So, Bluehost is one of the reputed web hosting companies, It begins in 1996.

Bluehost

Note: As lankaTricks, We would like to transparency. If you sign up with Bluehost by using our referral link, we can earn a small commission at no extra cost to you. And as a matter of fact, you can save your money and get a free domain.

Now, go ahead and buy your domain, Web Hosting, and SSL Certificate.

First, open Bluehost website in a new window by using this link.

Then click the get started button on the website.

Bluehost WordPress Hosting

Select the plan you needed on the next screen(Choice Plus is the recommended plan).

Then you come to the place that asks to enter your needed domain name. And click the Next button.

Setup your domain with bluehost

Then you can add your account information, finalize the package information, and payment information to complete the purchasing process On the next screen. So, you can see optional to add extras things that you can purchase with your package also.

But, Normally you do not need to purchase these in the initial stage. You can add extras later when you need it.

When completing your package purchasing process, you will receive an email with the information of your login of your web hosting control panel (cPanel).

Web hosting control panel is the place where you can manage everything including support, emails, among other things.

Then, Go ahead and login to your cPanel. You can greet with a pop-up informing that WordPress with WooCommerce is pre-installed on your website.

Install woocommece to bluehost

Here, you need to do is just click the button of “Login to your site”. Then, it will redirect to your WordPress Dashboard.

Good luck! Now you finished setting up your web hosting and also domain name. You can move to the next step of your online store. That will be setup your WordPress site.

The post How to Build an Online Store Step by Step 2020 appeared first on Lankatricks.


Discover the Best Keywords for Your Website

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Discover the Best Keywords for Your Website

Do you want to get more visitors to your website? or Do you need to rank your website in the First page of Google?

Then this step is very impotent for you. In this article, we discuss the first step of getting visitors to your website. This step is finding good keywords related to your website. So, If you need a good understanding of this article you need some basic understanding of SEO. You can get basic understanding using our Search Engine Optimization Techniques Basics article.

You know Google Search Engine is the best and most popular search engine in the world. If you enter some term in Google search box you can get millions of results related to that term.

If there are millions of search results showing for one term, You think that how Google ranks these websites as 1,2,3 in Google search results?

That is, Google uses the same specific algorithms for ranking websites in Google search results.

So, there are some factors that are able to used to rank a particular website for a keyword in Google search.

Basically, These factors can be divided into two main sections.

  1. Website reputation of the Internet.
  2. User Experience in the website and Properly included the good keyword in information on the website.

Here, First, you need to select a keyword list for your website including keywords relates to your website topics. and also imagine that when you search for the best keywords for your website, your website is in the search.

So, You can get comments from your friends and readers of your website for creating our Keyword List. because They have many many different ideas than you think.

When you finish creating Keyword List, You must analyze those keywords accordingly. In this analysis, you should give particular attention to the following factors.

  • How popular is the keyword?
  • Keyword popularity base on time.
  • keyword most searched Countries.
  • How much powerful as the top websites on the same search result.
  • Search for the keyword in a search engine in the past week, month, or year.
  • The search results page for the relevant Keyword is the place where your website is located.

So, there are online tools and also Keyword Research Software available on the Internet. Some of these are free of charge and some have to buy at some cost. Following you can see these Free and Pro Keyword Research tools separately.

Free Keyword Research Software and Tools

  • Google Trends
  • Google Keyword Planner
  • IMforSMB Bulk Keyword Generator
  • Google Correlate
  • Keyword In

Paid Keyword Research Software and Tools

  • Ahrefs
  • SEMrush
  • Market Samurai
  • Buzzsumo
  • SERPwoo
  • Longtail PRO

If you are a beginner for Search Engine Optimization First, You can use free services for finding your keyword for websites.

It is suitable to use these free services after gaining inspiration and experience. As a beginner of SEO, we recommended the following tool to use first as free tools.

Google Trends

This is a good tool provided by Google itself. and This is very easy to use. Here showing data can be graphically analyzed in the past time.

Google Keyword Planner

Google Keyword Planner is a Search Engine analytic tool for analyzing advertisers in their search engine. Hoverer, This tool can use our keyword research also. This tool is also easy to use.

Keyword Planner provided popular keyword is in any country or region and can find out how much Keyword Search and also related keyword is for some keyword.

Conclusion

In addition to these free two tools provided by Google, You can find many free software and tools for keyword research. Try to find a better and quality analysis tool if possible.

So, If you are like to use the paid tools as a beginner and You have the ability to pay for it, we first recommend Ahrefs, SEMrush, and Market Samurai.

In SEMrush and Market Samurai you can use a 7-day trial also.

In this article, we learn the way to create a separate analysis of keyword lists and analysis these keywords individually. These process you can spend your time a week, two weeks or even a month also. but you do not need to worry.

You must engage in page-specific SEO activities and also on-page SEO activities and off for picking up the search engines to match the best keyword 21-20. Until then. We try to bring in a lot more knowledge articles in the future.

Good Luck!

The post Discover the Best Keywords for Your Website appeared first on Lankatricks.

Blogging Advantages and Disadvantages Guide

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Blogging Advantages and Disadvantages Guide

Do you need to write your own Blog? or Do you already have your own Blog?

If “Yes“, Then this guide is vary impotent for you, And, this guide explains about Blogging Advantages and Disadvantages.

This is our first tutorial about Blogging and Many tutorials will come forward. So keep on staying with us.

Blogging Meaning – What is Blogging?

The Meaning of Blogging meaning according to the FirstSiteGuide Website as follows.

Blogging is the many skills that one needs to run and control a Blog. Equipping web page with tools to make the process of writing, posting, linking, and sharing content easier on the Internet.

Blog Meaning – What is a Blog?

The Meaning of Blog according to the Wikipedia Website as follows.

A Blog is a discussion or informational website published on the World Wide Web consisting of discrete, often informal diary-style text entries. Posts are typically displayed in reverse chronological order, so that the most recent post appears first, at the top of the web page.

Here, We manly discuss the Blogger platform. Because 90% of bloggers used the Blogger platform worldwide. So that’s the reason, we decided to start educating you on Blogger today.

Blogging Advantages – Blogger Platform Advantages

Hosting and Domain Free.

In the Blogger platform, You can get a free domain with a sub-domain of your name + blogspot.com (example.blogspot.com). This is the unique advantage of Blogger. You can start your Blog site freely.

Fully trusted servers.

If you use Blogger, You don’t need to be careful about your Blog security. because your site on servers in Google. So, Google protects your Blog as long as you protect your Gmail account.

Speed of Blog.

If you do not attach your Blog with low-quality widgets, Your Blog keeps with faster.

Image upload limit.

Your Blog can add any number of images when you used the Blogger Platform. Google has not given a limit for adding images.

Simple User interface.

Blogger is easy to use even if you don’t have any knowledge about Blogging. Therefore, You can start your own blog easily.

Do not need any programming knowledge.

If you’re making your own website you need to learn web scripting languages like HTML, CSS, JavaScripts, and PHP. But when using the Blogger Platform you don’t need to learn these things. By getting the help of Google Search Engine, you can create a very beautiful Blog.

Blogging Disadvantages – Blogger Platform Disadvantages

Your site owner is Google.

The Owner of your Blog is Google. Google can remove your Blog at any time (But Google is a world trusted company if your Blog is genuine one No problem arises).

You can do Limited things.

In the Blogger Platform, There are no support programming languages like ASP.net or PHP. Therefore, You can do only limited things.

Blogger Limitation List.

  • Your one Google account can make only 100 Blogs.
  • In one post, You can add 20 labels as well as your whole Blog can add 2000 labels.
  • Only up to 500 characters can add to your Blog description.

Conclusion

In this guide, You learned about the meaning of Blogging, Meaning of Blog, Blogging Advantages, and Disadvantages also. If you can make good Blogs with good visitors you can make many by using your Blog. We will give you many tutorials related to Making a Blog, Blogging Tips, and Money earning ways in the future.

Good Luck!

The post Blogging Advantages and Disadvantages Guide appeared first on Lankatricks.

HTML Lesson 01 – Coding with HTML

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HTML Lesson 01 – Coding with HTML

This is the first HTML lesson of LankaTricks HTML tutorials. Here, Gives a simple introduction about html web development and same basics of coding with HTML. That will be helpful for every web development beginners. Let us now turn to the lesson.

What is this HTML?

Do you think that many of the websites we visit on the Internet can be built using Word Processing software?

However, there are problems arise when establishing such websites on the Internet. Like you tried to open an article in MS Word with Notepad.

Due to these issues, the Internet required a standardized standard for articles that were linked to the internet.

Then, It can then be read quickly by web browsers because of using a common method. The organization W3C is responsible for this.

The common standard language used for these purposes is HTML (Hyper Text Markup Language).

Another important thing is that this language is not a programming language but a markup language. As a result, these web pages are created using markup tags.

These tags simply tell the web browser what the content of the web page should look like. Although there are some software we can use to create a document in HTML. But, I used notepad for this tutorial. Because, when you code in notepad, you have to write all the code manually, so your knowledge of HTML tags will be enhanced.

Below we will learn about some of the HTML tags properties.

  • An HTML tag is made up of a keyword rounded by these angle brackets <…>.
  • HTML tags are usually in pairs. Eg: < html > and < / html >
  • <…> for this type of tag we call the opening tag.
  • < / …> for this type of tag we call the closing tag.

Now you may think that why we have these HTML tags?

When designing HTML document, We must explain all of our parts shown to the reader’s web browser. This task can accomplish with HTML tags.

However, Most HTML tags on every web browser read the same way, but some tags may not.

I hope you have a little understanding of HTML tags now. When coding HTML, The usual way is to write the content . There are same occasion which can be change this way. We will talk about them in the right places, Now just remember it.

Basics to Know about coding HTML

First, we need to tell web browser to our written code is HTML. <html> tag is used for that purpose. When you open a tag you want to close it using the </html>.

<html>
  ........
  ........
</html>

Usually write HTML tags in simple letters. It’s standard. So, There is nothing wrong with using capital letters.

Everything we code in HTML should be written between the two tags of <html> and </html>.

HTML page can mainly split into two section. These are..

  • Head section
  • Body section

Often, we can see title only in head section. <title> and </title> tags use for the showing title. We can learn more about the other tags used in the head section in future lessons.

<html>
  <head>
     <title>My First Web Page</title>
  </head>
</html>

The body section is where we code the content of the web page.

<html>
  <head>
     <title>My First Web Page</title>
  </head>

  <body>
     <p>First Web page body paragraph.</p>
  </body>
</html>

This pair of <p> tags is used for making paragraph.

Now see how to save this coded file. Click File –> Save in Notepad. Then save as dialog box will look like this.

Change the Save as type property to All Files in save as dialog box. Then, add the file name where you want to add and put .html as file extension.

Now, click the Save button and save the file. then, The saved file will look like this for you.

Now open saved file by double clicking on it. Then, That HTML file open your web browser and it look like this.

Now you have successfully made the first attempt. Very easy, right?

Let’s meet again with a lesson.

The post HTML Lesson 01 – Coding with HTML appeared first on Lankatricks.

Is Cryptocurrency Good Investment?

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This Time LankaTricks brings new tech-related article. We are using Money notes & Coins to our day to day works. To print these notes & coins the government spends a huge cost also. These money controlled and distributed by government bodies like central banks in any country and also they decides the interest rate and value of the money. Simply, governments print money annually, so it generates more money supply. The money supply process creates inflation in the economy.

We know how to send money from one country to another is not a simple task. we have to pay more to the government for sending money abroad. To avoid this type of situations, one of a Chinese person named Satoshi Nakamoto has published a research in 2008 on a free usable electronic cash system. He was the first inventor of this Cryptocurrency.

This is the Electronic system. Therefore, we can’t see physically coins or money note. all the exchanges, transactions happen through digitally it’s like sending an email. Not like normal money exchange, for this process there is no one to control. Due to that, we can send money from one country to another without any charges.

To use this currency, the first step is to create a bitcoin wallet from Cryptocurrency agent. Then you will receive a unique bitcoin ID. Then you can use that ID to Buy Bitcoins, Sell and exchange and also collect from another person. for the above reason its creates security problem its called Double Spending Problem.

Satoshi Nakamoto found a practical solution for this Double Spending Problem in Digital Currency. He Suggested Decentralized Ledger for this Currency system. To avoid hacking this Decentralized ledger by using cryptography technique this ledger encrypted. That’s why we called this Currency Cryptocurrency. In this system, they copied the secret algorithm on millions of computers in the world. So if a person wants to hack the system he needs to hack all the computers. So its impossible.so this money system has the best security system compared to others.

To further Security of this system they used Hash Tag Code systems. The main ledger divides into small pieces it’s called Blocks, these blocks expire within the allocated time. After that, new block pieces replace the previous block. But they stored previous block data to new block using that Hash Tag system.

Anyone can join to maintain above-mentioned Blocks. it’s called maintained blockchain. For this, we need a PC and have to install some software. Then the main system takes some processing power from our PC to maintain the chain. They provide a chance to generate new bitcoins for us. We can collect, exchange and sell or buy the things from bitcoins

A person who involves in this process is called bitcoin miners. But there is a limitation in the minimum amount of bitcoins and it should be more than 20 million. Today there are soo many Bitcoin miners and they have used the massive power of PC’s to mine bitcoin. Not like the traditional money transfer, this never impacted by an inflation

In the initial stage of the bitcoin, there are only a few miners and bitcoin system was simple. But today it has a huge competition and a more complex system.

Bitcoin miners are used several ways to boost bitcoins. The power of normal PC was not enough so they used GPU Power then they used Few GPU’s for PC. So it was very costly. So as a solution new innovation arrived in the market. It was built only to generate Bitcoins. It is ASC (Application Specific Circuit).

Today if you are willing to generate bitcoins you need more than 4 ASC Pc’s and separate cooling system and solar power system.

Currently, the value of 1 bitcoin is equal to 11866$.[15/08/2020]  There are so many cryptocurrencies in the world as an example EthereumLitecoinRipple latest one is invented by Facebook. it is Libra Currency.

LankaTricks will bring you new Tech related Articles. Keep in touch with us.

The post Is Cryptocurrency Good Investment? appeared first on Lankatricks.

Liquidity Ratios

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Financial ratios provide the business with a method to evaluate its performance. Also, that is a way to compare the firm’s performance with similar businesses in the industry. The relationship between two or more elements of financial statements is measured by ratios.

Financial ratios can be divided as follows, under the broader classification.

  • Liquidity Ratios
  • Asset Management Ratios (Efficiency Ratios)
  • Leverage Ratios (Debt Management Ratios)
  • Profitability Ratios
  • Valuation Ratios

Through this article, we discuss liquidity ratios.

What is the liquidity ratio?

The liquidity ratio measures a company’s ability to pay its short-term obligations using short-term assets. Under the liquidity ratio, the firm uses the current ratio, quick ratio, and cash ratio to measure its liquidity position.

Current Ratio

The current ratio measures a firm’s ability to pay off its short-term liabilities from its current assets. It helps investors and creditors to understand the liquidity of a company. Also, this ratio uses to determine how easily that company will be able to pay off its current liabilities.

The formula of the current ratio:

A higher current ratio is always more favorable than a lower current ratio because it shows the company can more easily make current debt payments. The ideal current ratio is 2.

Quick Ratio

The quick ratio measures the ability of a company to pay its current liabilities from only its quick assets. This is a good sign for investors and creditors. Creditors can know if they will be paid back on time through this ratio.

The formula of the quick ratio:

A higher quick ratio is more favorable for the company because it shows there are more quick assets than current liabilities. The ideal quick ratio is 1.

Cash Ratio

The cash ratio measures a firm’s ability to pay off its current liabilities with only cash and cash equivalents. Creditors are particularly interested in this ratio because they want to make sure their loans will be repaid.

The formula of the cash ratio:

A ratio above 1 means that all the current liabilities can be paid with cash and equivalents. A ratio below 1 means that the company needs more than just its cash reserves and equivalents to pay off its current debt.

 

 

The post Liquidity Ratios appeared first on Lankatricks.

Asset Management Ratios (Efficiency Ratios)

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In this article, we discuss Asset Management Ratios. Asset Management Ratios also call as Efficiency Ratios. These ratios are one type category of financial ratios.

What are the asset management ratios?

Asset management ratios measure how well companies utilize their assets to generate income. The management uses these ratios to help improve the profitability of the company. Also, outside investors and creditors look at the profitability of the company’s operations by using these ratios.

What are the types of Asset management ratios?

  • Average Collection Period
  • Inventory Turnover Ratio
  • Cash Conversion Cycle
  • Fixed Asset Turnover Ratio
  • Total Assets Turnover Ratio
  • Working Capital Turnover Ratio
  • Receivable Turnover Ratio
  • Payable Turnover Ratio

Average Collection Period

The average collection period indicates the average number of days elapsed between a credit sale and the date the company receives the payment from the credit sale.

The formula of the average collection period:

A short average collection period suggests a tight credit policy and effective management of accounts receivable. A long average collection period indicates that the company should tighten its credit policy and improve the management of accounts receivable.

Inventory Turnover Ratio

The inventory turnover ratio shows how effectively inventory is managed by comparing the cost of goods sold with the average inventory for a period. This measures how many times the average inventory is turned or sold during a period. Higher revenue with less working capital is a more desirable feature to investors.

The formula of the inventory turnover ratio:

If larger amounts of inventory are purchased during the year, the company will have to sell greater amounts of inventory to improve its turnover. This measurement shows how easily a company can turn its inventory into cash.

Cash Conversion Cycle

The cash conversion cycle uses to measure the time it takes a company to convert its investment in inventory and other resource inputs into cash. It measures how long cash is tied up in inventory before the inventory is sold and cash is collected from customers.

The formula of the cash conversion cycle:

A smaller or shorter cash conversion cycle is almost always good. A small conversion cycle means that a company’s money is tied up in inventory for less time.

Fixed Asset Turnover Ratio

The fixed asset turnover ratio measures a company’s return on its investment in property, plant, and equipment by comparing net sales with fixed assets. Investors and creditors use this formula to understand how well the company is utilizing its fixed asset to generate sales. Higher fixed asset turnover is more favorable to the company

The formula of the fixed asset turnover ratio:

Fixed Asset Turnover Ratio

The fixed asset turnover ratio measures a company’s return on its investment in property, plant, and equipment by comparing net sales with fixed assets. Investors and creditors use this formula to understand how well the company is utilizing its fixed asset to generate sales. Higher fixed asset turnover is more favorable to the company.

The formula of the fixed asset turnover ratio:

Working Capital Turnover Ratio

This ratio uses to understand how effectively the company utilizes its implied working capital to produce revenue. According to the investor’s perspective, a higher value of working capital is desirable due to it indicates enhanced efficiency.

The formula of the working capital turnover ratio:

Receivable Turnover Ratio

This ratio uses to assess the efficiency of the collection function. Here, a higher value of the receivable turnover ratio aids to understand that the business has quality customers that pay their debt on time. Also, a lower receivable turnover ratio shows inefficient funds collection, the inadequacy of credit policy, and problems with the financial status of the customers.

The formula of the receivable turnover ratio:

Payable Turnover Ratio

The payable turnover ratio uses to assess the performance of the business in terms of working capital management. However, this is not related directly to the asset management ratio. A higher value of payable turnover ratio indicates that the business is successfully managing the cash flow. A lower ratio indicates that the company takes greater time to pay off its obligations.

Additionally, stakeholders of the business can identify that the business is efficiently managing its suppliers through this ratio.

The formula of the payable turnover ratio:

 

 

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