How to write an eCommerce business plan template?

If you want to write an e-commerce business plan, you should make sure to include these essential components like your business overview, industry analysis, marketing strategy and operational plan. Summarize your findings, and provide convincing financial projections filing in our e-commerce business plan template.

What is an eCommerce business plan?

An e-commerce business plan is a well-prepared document meant to tell potential investors and lenders about your business and what its plans are. It should give interested parties a comprehensive overview of your business and inspire confidence in your ability to accomplish your goals.

Do I need an eCommerce business plan template?

E-commerce business plans are essential for anyone looking to start an e-commerce business or to expand the business they already have. An e-commerce business plan template makes the process much easier and faster because it lays out all of the key components and all you need to do is input your business’s information.

How often should I update my eCommerce business plan template?

It’s best practice to update your e-commerce business plan whenever there’s a major development in your business or at least once a year. That way, you can make sure all of the important numbers and facts remain accurate.

What details should I include in an eCommerce business plan template?

The most important details to include in an e-commerce business plan are the overview of your business, details on the team involved, an outline of the business goals, competitor and customer analysis, and financial projections. Effective e-commerce business plan templates will include all of these elements.

Ecommerce Business Plan Template

Prepared by:

[Sender.FirstName][Sender.LastName]

[Sender.Title][Sender.Company]

[Sender.Phone][Sender.Email]

Business Overview

[Sender.Company] is headquartered at [Sender.StreetAddress], [Sender.City], [Sender.State][Sender.PostalCode] and operates in the (industry). [Sender.Company] was founded in (month, year) by (Founder.Name).

[Sender.Company] seeks to offer (a general description of specific products or services to be offered) in response to what management has identified as a clear market need.

Products and Services

[Sender.Company] will sell (specific products or services to be sold). The products sold by [Sender.Company] will stand apart from the competition due to (explain the unique selling proposition of the product to be sold).[Sender.Company] will also provide (describe any supplementary products or services offered).

Website Design

[Sender.Company] will develop a website whose key elements will include the following:

Home page
About section explaining the company's mission
Database of products
Shopping cart system
Help and FAQ pages

The website will be built by an established development firm and designed by an accomplished web designer, with the process supervised by [Sender.Company]'s designated supervisor.

Management Team

[Sender.Company] is led by (Manager.Name) who has been in the e-commerce industry for (number) years.

Previously, (Manager.Name) worked as (job title) at (previous company) and acquired in-depth knowledge of the e-commerce industry as well as the (industry name) industry and the needs of the mass consumer.

Industry Analysis

[Sender.Company] has conducted a thorough analysis of the industry and discovered the following statistics that bode well for the business:

(Provide point-by-point statistics that illustrate the opportunity for your business e.g., growth projections for the e-commerce industry and your specific niche, consumer survey results, cost projections, etc.)

Customer Analysis

[Sender.Company]’s target market is comprised primarily of (describe your ideal customer).

The demographics of these customers are as follows:

The average income of $XX, XXX
XX% work in (industry)
XX% (married/single)
The median age of XX years
Strong desire for (a specific type of product/service you sell)

Competitor Analysis

There are numerous competitors in the industry in which [Sender.Company] will operate. The most noteworthy competitors consist of:

(List 2-3 competitors and include a brief description of their history, the scope of their businesses, and some noteworthy facts and stats.)

Competitive Advantage

[Sender.Company] is positioned for success because:

There are a limited number of competitors.
There's no one selling the exact product/service that [Sender.Company] offers.
The management team is seasoned and has a strong track record of success.
The product/service is on trend, and the industry is growing.

Marketing Strategy

[Sender.Company] plans to leverage several strategical prongs to achieve success in its marketing strategy.

Brand Strategy

[Sender.Company] will consistently focus its marketing efforts on the brand's unique value proposition, consisting of:

(Describe what makes your product or service stand apart from your competitors)

Promotional Strategy

(List some of the channels or methods your company will use to promote itself, e.g., SEO, email marketing, paid advertising, social media outreach, affiliates, etc.)

Pricing Strategy

[Sender.Company]'s pricing, is based on comprehensive market research, and it has been determined that our pricing is fair and attractive compared to competitor offerings.

(State the specific pricing or the general price range of products to be offered.)

Operational Plan

[Sender.Company] has determined that the following roles are essential for the success of the company:

(List some of the departments and roles that will need to be in place to operate the business.)

Timeline

[Sender.Company] believes it is reasonable to expect completion of the following milestones at the following times:

Date

(State when you expect the milestone to be completed.)

Milestone

(Briefly describe what the milestone is e.g., the website goes live, marketing campaigns launch, products ship, etc.)

Financial Projections

[Sender.Company] is seeking total funding of $(amount) to launch its business. The capital will be used for (state what funding will be used e.g., building the website, hiring personnel, working capital, marketing, etc.)

Specifically, these funds will be used as follows:

Hiring a content production team: approximately $(amount of money)
Marketing: approximately $(amount of money) design/build and startup business expenses: approximately $120,000

[Sender.Company]'s financial projections for the next (number) years are as follows:

Year 1

Revenue:
Expenses:
EBITDA:
Net income:

Signature

MM / DD / YYYY

[Sender.FirstName][Sender.LastName]

Ecommerce Business Plan Template

Business Overview

Products and Services

Website Design

Management Team

Industry Analysis

Customer Analysis

Competitor Analysis

Competitive Advantage

Marketing Strategy

Brand Strategy

Promotional Strategy

Pricing Strategy

Operational Plan

Timeline

Financial Projections

Ecommerce Business Plan Template

Useful resources