E-commerce has quickly became a method of life, but like with something – it has it’s advantages and disadvantages. High Prices- One of the major ache level of a seller in the conventional ecommerce business model is the involvement of a middleman, who takes away a great share of money on every purchase. The seller has to pay the transaction processing fee for completion of each transaction.
International Reach – E-commerce technology permits commercial transactions to cross cultural and national boundaries far more conveniently and effectively as compared to conventional commerce. As a result, the potential market size for e-commerce merchants is roughly equal to the size of world’s online population.
If you are planning to start a new online business or upgrade your existing eCommerce site, you must consider using some of the innovative ideas related to Web 2.zero concept. Three years in the past in case you would have searched the phrase “Web 2.zero”, you probably would not have discovered any mention of this term on the Internet. Now, at the last rely, Google showed close to 60 million results relevant to this search. Amazing! First time this term was coined by ‘Reilly Media to vaguely define a concept of second generation websites which were emerging after the dot com crush. Since their first use of this phrase to promote conferences organized by ‘Reilly Media and MediaLive International, the idea of Web 2.0 has become immensely well-liked in web development sector.
In order to start Ecommerce what you need is an efficient web site with complete ecommerce facilities and then search engine optimization of your site so that it could begin pulling real customers. 3. Began a discount for volume purchases. If customers order a certain amount of each product they get a 5% low cost on that product. This makes transport more efficient from our end, and increases the dollars of the average order.
1. Updated website to Website builder, domain name and internet hosting all for one low monthly fee at StoreSecured previously had been hosted by , which is not a foul place to start. Though there was a ton of downtime, and they had glitches like charging customers the wrong amount on their credit playing cards. I had put up with them for 4 years, two on my previous e-commerce site. The remaining straw came when I may no longer have access to customer’s credit card numbers for partial refunds and would have to call them to get their number once more.
3D video excursions are another important subject to be considered. Most hotel sites, cruise lines and lots of university campuses use this application to assist the consumer in visualizing their environment. That is becoming a standard in the selection phase of hotel comparisons. By offering a 3D video tour hotels can show of their best features while the consumer sits again and watches in the consolation of their own home. This could also work for businesses making an attempt to offer new merchandise into the procurement process. The business can use video streaming to point out quality control, as well as, the overall operation of the company. This is a good way to get a foot in the door while consumers compare products offered on the internet.
Some begin-up E-Commerce websites seem to believe that their products will sell like crazy, and the people will come if they build it. In spite of the fact that such systems are already in place, many consumers are still wary of purchasing products over the Internet. There are two reasons for this reluctance: (1) Security issues and (2) Purchase behavior habits.