No one can deny the strong effect that e-commerce has had on our every day lives. Considering the world market for eCommerce , the Sri Lankan market is pretty small. That is one of the main facts that are in favor of the native players. If it were something like the Indian market with several thousands and thousands of customers for eCommerce , the native players would have been taken away by the international players. However, the reality is that the Sri Lankan eCommerce market continues to be considered by many international players.
Fortunately, there is a structured process in constructing an e-commerce website. Although a website developer is generally engaged in such a task, having some relevant knowledge may additionally help you in building a website on your online business. This refers to a company that solely operates over the Internet and offers solely one specific type of product or service in order to realize a larger market share.
Website with e-commerce that involves search engine optimization will help the website to improve its ranking in most of the search engines. This helps to increase the reputation of the company’s website and thus get to attract more customers. Existing brick and mortar sellers can be limited by their location. Customers must travel to visit your store. With E-Commerce, you’ll be able to sell to customers anywhere, anytime. This lets you serve customers across or internationally.
The problem with eCommerce is, although in final five years many changes, some are drastic, have taken place in philosophy, ideology and technology related to the Web, very few issues have changed in eCommerce sites. Now, all of it started to change! Even successful eCommerce sites are experimenting with new ideas born from Web 2.0 concept. The result is visible! A recent survey reveals adoption of new interactive functionalities, innovative product catalog and better communication with users have increased online sales for 83 percent of respondents.
Whoever answers the telephones in one’s group can tell one that their time is usually spent answering the same questions over and over again. These are the questions customers and potential customers need to know the answer to before they deal with one. Submit them on a WWW page and one will have removed another barrier to doing business with one and freed up some time for that harried phone operator.
When considering reworking from the conventional business operation to e-commerce, you need to hire qualified web database developers. A web database is the most important component of a website for a business engaging in e-commerce. You need a database that can’t be hacked into by hackers and one that is not vulnerable to crashing. Crashing and activities of a hacker can deliver your business to a standstill and this business standstill translates to misplaced revenue or even losses. For these reasons, you need to hire the services of experts to develop your website and your web database. Experts know find out how to prevent crashing and activities of hackers.
Ultimately, the affect of e-commerce will be to level the taking part in field amongst economically disadvantaged countries. As the infrastructure required fore-commerce to be possible reaches even the smallest communities, borders and political power will be less influential in terms of success than a company’s potential to effectively market online, build a group of followers, and create lasting relationships with their target market.