I Want To Start An Online Music Store. What Would I Need To Consider?

For starters I would recommend sitting down with a legal team to discuss this. Having a solid legal team is vital. If you\'re really serious about this en devour then the fees incurred to get a good legal team will be worth the investment-Will it be Indie Music, or well established major artists?Depending on which market your chasing, your going to have to solidify your marketing strategy.- Draw out a business plan to see if you can pin point any niche markets you can serve. - Then create a couple strategies. - E-commerce has made it very easy for new firms to enter in and out of the market due to the low costs so you have to be on top of your game- Build a little bit of a catalog before you launch the site.- See if you can network with some people that offer complementary services- There are tons of things you should consider. I recommend looking into the structure of the industry, or specifically the structure of physical music outlets and see if you can reproduce it in the online spectrum, and sort ways to make it better. Anything more than this and I\'d be looking for the opportunity myselfTai TheBeatSpot.com

I wouldn't be so sure about e-commerce. Yes, it is the cheapest solution for creating a web shop, but in my opinion it is not a good idea.  Free software has many defects about which somehow no one remembers or doesn't want to tell. This software is not so easy to configure especially by beginner, help in the form of online forums is sometimes unreliable and always time consuming. Next thing is, that unfortunately, these shops USUALLY look like a one huge mess and it is unlikely that they will encourage purchases. Why do professionals prefer to invest in an external company, which will create an online shop specially for they needs? Because they know that unprofessional website, online shop or service may bring them more damages than benefits. In my opinion if you are just starting out and you take it seriously, the more you should invest and entrust professionals creating  complete and professional on-line shop.  I assure you that such operation will bring you the benefits more quickly than you think. But, you have to be prepared for costs. Next thing... Are you sure about music industry? Margins are probably little, huge competition... Sorry if I made any language mistake... I'am not English:)