E-Commerce

What is E-Commerce?

E-Commerce involves digitally enabled commercial transactions between and among organizations and individuals.

10 Key Factors why some e-commerce succeeded:-

1. Don’t reinvent the wheel, or, in other words, don’t make the same mistakes as others have.

2. Pay extra for a quality design. Uniqueness counts.

3. Set up a real-time payment gateway. ­ Do not accept credit card payments online unless one have a secure merchant gateway to a bank.

4. Keep prices competitive, but concentrate on the value-added products and services.

5. Keep audience/customers informed.

6. Viral marketing is the key. One will receive more business through word of mouth than any other advertising medium.

7. Employ affiliates to promote one's website.

8. Keep inventory levels to a minimum.

9. Provide customer testimonials. Do not fake it! Only provide those that are believable.

10. Don’t wait! The Internet is evolving at a rapid pace, most businesses realize that obtaining a Web presence is essential, fewer realize that the window of opportunity is decreasing quickly.

*Retrieved from http://www.webreference.com/authoring/ecomm_steps/

Website Hosting

Website Hosting needs strategies to help boost the success to boost one's website. The most important factor is to stay competitive and have the appropriate products and reasonable prices. Spreading of one's website by word of mouth is still the strongest and most helpful way in boosting website's reputation. Hence, e-commerce can be a very successful business and yet a tough job to maintain.