Posted on : June 21, 2008
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HTML clipboardInternet has opened a new era of business opportunities. Each day, thousands of
new consumers are joining the Internet. More and more companies are adopting
Internet as their primary sales and distribution channel. According to Forrester
Research The survey of 130 U.S. companies indicates consumers spent $76 billion
shopping on line in 2002. This represents a 48 percent increase over 2001, and
projections for 2003 come close to $100 billion, representing 4.5 percent of
total retail sales. As a business you probably understand that in order to stay
competitive you must integrate ecommerce to your present business strategy. A
little research will show you that there is an extensive array of technology and
solutions for enterprise and web store building available in the market. You
also perceive that ecommerce sites can cost you from a mere couple of hundred
bucks to hundreds of thousand of dollars. How to choose something from so many
options that will exactly fit your present need? Although, this might look like
a daunting task, a little preparation will definitely help you taking the right
decision in your quest for an appropriate ecommerce solution. To understand your
requirement better and create a proper ecommerce strategy, you have to ask
yourself a number of questions. Below I jotted down some of the questions that,
hopefully, will spur your imagination. What should be the look
of my web store? Do I need a database for my product catalog? How
should the purchase order generate on my web store? Do I need to handle
different pricing system for dealers, wholesalers and end customers? How
do I bill my customers? How easy can I make my web store to navigate?
How many search options should we have? Can I show my customers a product
comparison table? What should be my merchant account gateway system?
Finally, how much should I invest to build my web store?
HTML clipboard
Internet has opened a new era of business opportunities. Each day, thousands of
new consumers are joining the Internet. More and more companies are adopting
Internet as their primary sales and distribution channel. According to Forrester
Research The survey of 130 U.S. companies indicates consumers spent $76 billion
shopping on line in 2002. This represents a 48 percent increase over 2001, and
projections for 2003 come close to $100 billion, representing 4.5 percent of
total retail sales. As a business you probably understand that in order to stay
competitive you must integrate ecommerce to your present business strategy. A
little research will show you that there is an extensive array of technology and
solutions for enterprise and web store building available in the market. You
also perceive that ecommerce sites can cost you from a mere couple of hundred
bucks to hundreds of thousand of dollars. How to choose something from so many
options that will exactly fit your present need? Although, this might look like
a daunting task, a little preparation will definitely help you taking the right
decision in your quest for an appropriate ecommerce solution. To understand your
requirement better and create a proper ecommerce strategy, you have to ask
yourself a number of questions. Below I jotted down some of the questions that,
hopefully, will spur your imagination. What should be the look
of my web store? Do I need a database for my product catalog? How
should the purchase order generate on my web store? Do I need to handle
different pricing system for dealers, wholesalers and end customers? How
do I bill my customers? How easy can I make my web store to navigate?
How many search options should we have? Can I show my customers a product
comparison table? What should be my merchant account gateway system?
Finally, how much should I invest to build my web store? </ul> If building an
ecommerce site from scratch feels too overwhelming to you and you are a small
business, my suggestion is to build a web store with one of the providers
similar to Yahoo, Bigstep, Rusbiz etc. The web stores that you can build
directly on the Internet have all the necessary features like shopping cart,
product catalog and payment gateway as any regular ecommerce site. In most of
the cases, you construct web store online from templates and easy to use editor
and you hardly need to know html or other script languages. You can order your
Web Store from Rusbiz right now. The benefits of using a web store that you can
build online are enormous. Quick to build: If you have all the materials handy,
you can build a web store within a day. Easy in use: You don``t have to be a
rocket scientist to build a fully functional ecommerce site. Step by step
procedures of making pages from templates allow anybody to create a
professionally looking web store in no time. Affordable: Although, some of the
providers charge commissions on your sales, as Yahoo does, in most of the cases
your expenses are less than US$ 100 a month to have a good web store. The only
disadvantage you have with this kind of web stores is you might not be able to
give the customized look and feel to the site as you intend to. Then again, once
you start generating enough sales through your web store, if you must, you can
always build an ecommerce site by hiring web design companies. If you are still
hesitant in starting online business using web stores I would suggest you to
read the 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 understand the importance of having a website.
Planned, sophisticated and professional website creates positive image of the
company and help building brand name. Reduce costs and save money If required
features are available on the website practically all business processes are
possible to carry out on the 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 to the reach of
Internet you are no longer confined to a certain geographical boundary any more.
You can sell products to any place of the world 24 hours a day. Add sales
channels By joining e marketplaces and B2B exchanges you can significantly
increase the number of sales channels available to you. Reduce supply chain
cycle If you automate supply chain processes through Internet, you will be able
to shorten the 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 On the Internet you may successfully compete with the 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. On the 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. On the 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 within
the budget; and do not work as planned! If building an ecommerce site from
scratch feels too overwhelming to you and you are a small business, my
suggestion is to build a web store with one of the providers similar to Yahoo,
Bigstep, Rusbiz etc. The web stores that you can build directly on the Internet
have all the necessary features like shopping cart, product catalog and payment
gateway as any regular ecommerce site. In most of the cases, you construct web
store online from templates and easy to use editor and you hardly need to know
html or other script languages. You can order your Web Store from Rusbiz right
now. The benefits of using a web store that you can build online are enormous.
Quick to build: If you have all the materials handy, you can build a web store
within a day. Easy in use: You don``t have to be a rocket scientist to build a
fully functional ecommerce site. Step by step procedures of making pages from
templates allow anybody to create a professionally looking web store in no time.
Affordable: Although, some of the providers charge commissions on your sales, as
Yahoo does, in most of the cases your expenses are less than US$ 100 a month to
have a good web store. The only disadvantage you have with this kind of web
stores is you might not be able to give the customized look and feel to the site
as you intend to. Then again, once you start generating enough sales through
your web store, if you must, you can always build an ecommerce site by hiring
web design companies. If you are still hesitant in starting online business
using web stores I would suggest you to read the 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
understand the importance of having a website. Planned, sophisticated and
professional website creates positive image of the company and help building
brand name. Reduce costs and save money If required features are available on
the website practically all business processes are possible to carry out on the
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 to the reach of Internet you are no
longer confined to a certain geographical boundary any more. You can sell
products to any place of the world 24 hours a day. Add sales channels By joining
e marketplaces and B2B exchanges you can significantly increase the number of
sales channels available to you. Reduce supply chain cycle If you automate
supply chain processes through Internet, you will be able to shorten the 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 On the Internet you
may successfully compete with the 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. On the 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. On the 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 within
the budget; and do not work as planned!