E-Commerce Business – The Way To Start

Are you going to sell your product or services? Thinking about selling over the Internet? Don’t know how to start? Then, I’m here to explain you what exactly the E-commerce business is and why it’s the best way for business online. Just keep your eyes moving through this!

When it comes to E-Commerce, you have still many things to be known about its amazing features.E-commerce or electronic commerce, is just real-world commerce verses online commerce. It facilitates the consumers to electronically trade their products and services with no barriers of distance and time. Electronic commerce has spread like wildfire over the past few years and is expected to go on at this rate or even more. The day is not so far when there will be no existence of conventional business across the globe!

Once you make your mind to business whether it’s about products or services, you need to figure out the best way to initiate this. If you ever think about the E-commerce business for a while, then just stop there and get ready to start right away! You may get mixed-up with online business and E-commerce terms. The truth is that they are not any different methodologies; it’s just like the synonyms. Anyway, you need to devise a perfect business plan regarding the promotion of your services or products. Most of the people have a wrong notion that it only needs to open a website and then put something for sale. If you have already thought like that and going to ask me is it right or wrong? Then, my answer is a big No! Knowing the meaning of E-commerce is not enough. There are still many things to be known before for launching your business.

After devising your plans, you need to start right away. There are quite a few steps that you need to be done. Here, we go:

  • Complete registration for a domain name
  • Decide on an E-commerce shopping cart program to promote sales and collect your revenues
  • Designing of your website and a unique logo
  • If you want to accept payment in credit cards, then you have to open a merchant account
  • At the end, you have to launch your advertising campaign along with web promotion plans

However, you must need a trusted system to track back all of your business records along with the transaction history. As there are lots of E-commerce software available in the market, there is no need to hassle around. Before going to purchase any software, you need to list the tasks that you want to perform by the software. You should go for the software that can easily track back the records of your online sales, inventory, marketing, promotions and advertising as well.

You need to be assured that your software can execute an excellent shopping cart program without any hitch. It will be better to find something that can automatically work out all your shipping and payments. Without better understanding regarding the features of E-commerce software, it will be quite impossible for you to purchase effective software for your E-commerce business.

You have to decide how you will follow-up an order, what short of information you want to keep track of. Most importantly, you must need to keep in touch with your business and should be available by 24/7 to your valuable clients. If it’s automated, then you can get the job done with an ease.

Though getting started with an E-commerce business does require a good business planning, but the best thing is that you can easily have all the resources that you need. Don’t forget to do research before making any substantial purchases.

If you can follow these, then I can guarantee you that your dream will never come to a sudden death. So, why are waiting for? Let’s just roll!

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The True History Of E Commerce

You might not realize it, but e commerce started way before the first Internet connection. Things started happening in the 1960s, over 40 years ago, that were crucial steps along the way, bringing us to the level of e-commerce we have today.

First, the EDI was developed in the 60s. EDI means Electronic Data Interchange. This is a set of standards for electronic transactions and the exchange of business information.

Even with this development, many companies still couldn’t do business electronically with each other because there were different EDI formats. But in 1984, one EDI, the ASC X12, became the standard for transferring large amounts of transactions, and was adapted quickly by those institutions who wanted to do business electronically.

Eight years later in 1992, the first point and click web browser was developed, called Mosaic. Then the first downloadable browser, Netscape, was developed based on Mosaic, and this gave people with Internet access the ability to participate in electronic commerce.

This was really the first step in the history of e commerce that lead to the widespread e-commerce usage we see today.

DSL or high-speed Internet let more users take advantage of e-commerce with more convenience, with the holiday season of 1998 setting a record of the most e commerce sales until that point. Online sales for AOL during that 10-week Christmas season topped $1 billion.

Red Hat Linux was developed, giving computer users a choice. No longer was Windows the only option, consumers could opt for reliable and open-sourced Linux, instead. Now that there was competition, Windows began expanding its ability to handle e-commerce.

Napster was founded in 1999, and even though it started out as a way for users to share music files for free, its development was an important step in the history of e-commerce. As it became more and more popular, consumers had a say in what they hoped to get from such a site, and e commerce and the entire industry, in general.

Then, in 2000, AOL and Time Warner merged, combining a completely online company with an old and established traditional company. By then, Yahoo, eBay and Amazon.com were popular sites, their names synonymous with Internet use and e-commerce.

Hackers attacked each of these sites in 2000, demonstrating the need for higher Internet security, particularly where e commerce was concerned. In the history of e commerce, this started the push for secure ordering and more secure browser interfaces.

Traditional companies started adapting for e commerce, and now almost every major retail player has an online presence where it’s easy and convenient to order electronically, like Sears, Wal-Mart and Borders bookstores.

In 2001, online business-to-business transactions alone accounted for $700 billion changing hands.

With more people discovering the convenience of shopping from home than ever, it’s clear that the history of e-commerce isn’t a closed book, but will continue to change as online shopping becomes more and more popular.

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E-Commerce Development For Your Real Business

E-commerce is online commerce includes all retail shopping, stock trading, auctions and any other form of business done online. By developing an e-commerce friendly site you will be able to become a part of the ever growing world of e-commerce. Using a website to help sell the merchandise that you could only sell locally before can become quite profitable for you and your business.

When e-commerce was first developed, it was plagued by fears of insufficient security for those who used it. With online security ever evolving the chances of something unfortunate happening with your information are practically nonexistent. Security has improved by leaps and bounds since the e-commerce was first developed. As long as your company has adequate and up to date security software installed anyone who visits your website should have no worries about doing business with you online.

E-commerce has made it easier and easier for people to do their shopping. Instead of running from store to store to find the item they are looking for, all it takes is a few clicks and everything they need is at their fingertips. By taking advantage of how easy it is for people to purchase items that they need online, having the appropriate e-commerce design on your website is critical to keeping your customers satisfied with your services.

If you have been reluctant to become part of the e-commerce world, you shouldn’t worry anymore. There are many reputable companies that can help you become part of the e-commerce world. These companies can show you everything that your company needs to do to achieve a higher sell rate and attract more traffic to your site.

When deciding which company to use to help your business become more e-commerce accessible, it is important that you do some research regarding the different companies that offer these services. Find a company that understands your needs and what you wish to attain from using e-commerce. Based on that information the company you hire will be able to create a plan that will help you succeed in the world of e-commerce.

Ask the company what other companies they have helped improve their e-commerce business. Ask them what their services include and find a company that will offer you what you need at a price that you can afford. Developing a better e-commerce system will help you business succeed and make your life easier.

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The Future Potential of E-Commerce

E-commerce continues to grow today because people have begun to realize the potential that it has to transform their business. Interestingly, other sectors such as Agriculture are slowly being attuned to streamline it with the global shift to e-commerce.

Global trade has soared in the last decade and this indicates that e-commerce will continue to shape and influence business process at a larger scale globally. Going by the current growth of internet, and the popularity of the World Wide Web, it is safe to say that e-commerce will grow at a tremendous rate in the next few years.

Since it was launched a few years ago e-commerce has become successful and many businesses have developed models for e-commerce to reach a wide market which traverses traditional boundaries. Governments are investing in IT infrastructure such as the fibre optic to promote the use of internet in commerce. The shift from manual to digital formats has set precedence for changes in the e-commerce frontier.

Successful Initiatives by companies to increase market penetration through e-commerce is what motivates many entrepreneurs to venture into businesses that have global reach via the internet. This trend is growing and many people are abandoning traditional stores for cost-effective and reliable online stores.

Access to internet and e-commerce facilities also propels the growth of this phenomenon. The fact that it is feasible in many forms of businesses makes it attractive. Service industries have also curved a niche in the online market and they perform considerably well.

E-commerce is bound to grow as SMEs apply technology to cut down production costs and consequently streamline activities to conform with current patterns and models of business. Businesses that have previously focused on traditional markets will embrace e-commerce to have a global reach. This will open up markets and increase competition.

What is evident is that e-commerce will continue to evolve as demand for IT professionals with expertise in business systems and databases rises. E-commerce is being redesigned and modified every day to make it effective. Some of the successful traditional business practices are being remodeled to fit the e-commerce framework.

E-commerce has received considerable attention in both public and private agenda. Global trade has risen sharply with estimates of the volume of trade amounting to billions of dollars. The potential of e-commerce to influence lives positively has also attracted political attention and many countries have begun developing frameworks for managing e-commerce at national levels.

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Os-Commerce Solution for E-Commerce Shopping Cart Software

Nowadays, Os-Commerce is getting very famous source for building online shopping websites. Many fast increasing e-commerce groups which contain store owners and developers are adopting Os-Commerce Solution for their requirements.

Os-Commerce is one of the full featured online shop e-commerce solutions by the open source community development platform and is released under the GNU General Public License. This application has all necessary features that are needed to build successful e-commerce shopping cart software. It is the most reliable open source shopping cart application for creating a web online store.

Os-Commerce has PHP, MySQL, and Apache environment so it can run on any PHP enable web server, on any environment which is supported by both PHP and MySQL. It is the best online store solution which is available as free as an Open Source Solution. Some of the general benefits which can be achieved if e-commerce application is being developed using Os-Commerce are:-

· SEO friendly e-commerce website

· Increases Google Page Rank

· Easy and consumes less time

· Easy setup and installation

· Cost-effective comparatively

· Smooth transaction process

· Ensures secure and safe transaction

· Effortless functionalities

· Variety of Os-Commerce modules

Some of the features of Os-Commerce solutions which allow the developers to create custom online shopping carts are being listed below:-

· The online shopping cart created using Os-Commerce has very compatible configuration with search engines which gives the benefit of being SEO friendly website.

· It provides multiple currency options which make the business transactions very flexible and easy. It automatically updates currency exchange rates.

· This application supports third-party payment gateways like PayPal, etc which again make the business transactions easier.

· It supports almost all range of products online, photo galleries and catalogs for the products.

· It has features like secured administration section, customer feed backs, online tools, account management, shopping history, payment processing, and billing system which gives a great control in online business.

· The layout of the templates can be changed easily and quickly according to the requirements. It also allows easy integration into an existing website.

· It also supports dynamic images.

· The interfaces are user-friendly browser kind.

· Os-Commerce Customization offers various modules that will help you manage your store.

Today, Os-Commerce solutions has been taken to the next level, moving towards an e-commerce software solution that not only remains easy to set up and maintain but also making it easier for store administrators to present their stores to their customers with their own unique requirements.

Chirag Vyas is Online Marketing Manager at Open Source Web Development Company. It is a web development company with expert of OsCommerce Solutions, and other open sources.

Article Source: http://EzineArticles.com/expert/Chirag_S_Vyas/936019