Web Store - Why Do You Need One?

Written by Nowshade Kabir


Continued from page 1

If you are still hesitant in starting online business using web stores I would suggest you to readrepparttar following eventual benefits that you may have from ecommerce.

Increase your sales & profits If you are a brick and mortar company, online commerce will definitely increase your sales and with it profits.

Enhance your company image Today, even small companies understandrepparttar 108903 importance of having a website. Planned, sophisticated and professional website creates positive image ofrepparttar 108904 company and help building brand name.

Reduce costs and save money If required features are available onrepparttar 108905 website practically all business processes are possible to carry out onrepparttar 108906 Internet, which allows you to reduce overhead costs, costs incurred due to documentary mistakes, document processing costs, etc.

Improve customer service Frequently Asked Questions pages, forums, Internal Messaging Service, chat lines, etc. all these features help you effectively running your customer service. Become a global player Thanks torepparttar 108907 reach of Internet you are no longer confined to a certain geographical boundary any more. You can sell products to any place ofrepparttar 108908 world 24 hours a day.

Add sales channels By joining e-marketplaces and B2B exchanges you can significantly increaserepparttar 108909 number of sales channels available to you.

Reduce supply chain cycle If you automate supply chain processes through Internet, you will be able to shortenrepparttar 108910 entire cycle from months to days. You will be even able to eliminate certain phases of your supply chain process.

Market products and services There are numerous ways of getting traffics on your site and popularize your products. In fact, you can get more people in your web store than it is physically possible to accommodate in a bricks-and-mortar shop.

Compete with large companies Onrepparttar 108911 Internet you may successfully compete withrepparttar 108912 behemoths of your industry and even curve market shares out of them.

Low start-up costs Normally, starting a brick and mortar business requires significant cost involvement. Onrepparttar 108913 Internet - opposite is true! To start a business online you hardly need any major investment.

No entry barrier As you know, many businesses in real world are tightly controlled by certain groups. Onrepparttar 108914 internet there is no such barrier! Anybody can start any business of his choice.

No need to close existing sales channels By adopting Internet as a sales channel you do not loose anything as your web store only complements existing sales conduit.

If you are new to ecommerce world, I would advise you to go slow! First create a plan with long term and short term objectives. Try implementing your plan gradually. Make sure that you do not spend too much money on your initial ecommerce project. Remember! Over 80 percent of all software projects do not finish in time withinrepparttar 108915 budget; and do not work as planned!

Nowshade Kabir, Ph.D., is the founder, primary developer and present CEO, of Rusbiz.com, a global business to business e-commerce portal with feature like storefronts, aggregated catalog, e-marketplace, trade leads, internal messaging system supply chain solutions, etc. With a doctorate in Information Technology, Dr. Kabir has worked an advisor to government projects and has over 12 years experience in International Trade.


Effective methods of doing business online!

Written by Nowshade Kabir


Continued from page 1

There are various quality portals that allow you to have products and services displayed on a single page web site for free. Many business to business portals provide with this kind of services. However, for real time transactions you will still need e-commerce web stores.

If you are not good at design or don’t want to spend a fortune on you web store, you should think about getting an e-commerce stores from web enablers like Yahoo, Bigstep, etc.

For a nominal monthly fee you can haverepparttar facilities required to run a full fledged electronic storefront and build it yourselves from easy to use templates.

If you go for this type of services, compare and see who has most ofrepparttar 108902 features for lesser price. Some business to business portals along with your e-business web store will furnish you with necessary features to carry out overrepparttar 108903 Internet many important parts of buy and sale processes.

Shopping carts The integral part of e-commerce sites, which allows you to accept product purchase orders for multiple products or services, is called a shopping cart.

The term "Shopping Cart"is taken from real life shopping terminology to help users understandrepparttar 108904 actions available to them. Like in a supermarket a user can add products to shopping cart, remove products fromrepparttar 108905 cart or adjustrepparttar 108906 quantity ofrepparttar 108907 products as per requirement before checking out and making payments.

While looking for shopping carts for your e-commerce store, you should considerrepparttar 108908 following aspects of a powerful and functional shopping cart:

Access torepparttar 108909 shopping cart should be clearly visible. There should be several entry points torepparttar 108910 cart. Add, remove and adjust quantity ofrepparttar 108911 product features should be prominent onrepparttar 108912 cart page. The item name should have a link torepparttar 108913 description ofrepparttar 108914 product. There should be a way of saving items for future purchases. Shipping and other costs should be clearly stated beforerepparttar 108915 check out process starts. Order forms should be simple and clear. All payment options should be explained clearly. Ordering process should be done through secure server. You know you are on a secure server whenrepparttar 108916 URL of your browser indicates "https:". The s atrepparttar 108917 end of http stands for "secure". Merchant Account 90 percents of all online retail sales take place through credit card transactions. According to industry statistics,repparttar 108918 average credit card sale is $40 versus just $9 forrepparttar 108919 average cash sale. To offerrepparttar 108920 credit card payment option to your online clients, you need to set up a merchant account-a bank authorized account established by your company to receiverepparttar 108921 proceeds of credit card purchases.

Even if you already accept credit cards for your offline transactions, that may not be enough. Although, you can take many precautions to reduce online credit card frauds, credit card companies still consider Internet transactions to be riskier than offline transactions. That’s why finding a right merchant account provider could be a little bit more complicated than you might think. Things could be even trickier if your business is located outside ofrepparttar 108922 United States.

There are many middleman merchant account providers onrepparttar 108923 Internet. Do some comparison-shopping before you sign up with any of them as conditions that they offer vary significantly.

Although, it is definitely good to have a merchant account that does not mean you can’t sell products or services without having one! There are numerous other payment options available onrepparttar 108924 Internet. Most popular of them are paypal, e-gold, e-bullion, etc.

If you would like to have an effective online business, remember that old values still count. Proper planning, uncompromising customer service, integrity, hard work and persistence eventually will make your business successful.

Nowshade Kabir, Ph.D., is the founder, primary developer and present CEO, of Rusbiz.com, a global business to business e-commerce portal with feature like storefronts, aggregated catalog, e-marketplace, trade leads, internal messaging system supply chain solutions, etc. With a doctorate in Information Technology, Dr. Kabir has worked an advisor to government projects and has over 12 years experience in International Trade.


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