All Types Of Online Earning Ways

Saturday 18 October, 2008

Ways To Build An Ecommerce Business

We've all talked to someone or heard of someone that has the dream of setting up a website to sell a product or service. However, how many of those people ever got around to fulfilling their dream. Not many, if any, and the main reason for not setting up that website is the lack of knowledge and maybe just a bit of fear of the unknown. The first thing that we all should know is that with a little time and effort, anyone can establish a nice eCommerce website. There is so much free information available and a never ending line of people offering help that even computer neophytes can become successful. Before you start spending money for domain names, web hosting service, SSL’s, merchant accounts or any other eCommerce items, take the time to learn about eCommerce. Do a Google search for "how to build an eCommerce business”; find and read as much information as you need to understand what it takes to setup and run an eCommerce business. Be careful however, there is a plethora of free information that can quickly become overwhelming. At this point you only need to understand the basics; there will be plenty of opportunities to master the details as you move forward in the development of your new business. If you are new to the online eCommerce world it is vital to your success that you learn the basics of online sales. After doing your homework and having gained an understanding of eCommerce you can begin by answering fundamental questions related to your online aspirations. How many products will you sell, one or hundreds? Will you be providing informational content about your products or services? Do you want a simple catalog type site or will you include a lead-in informational home page? How many visitors do you anticipate having each month? What form of payment will you accept? In the case of shipping products, what shipping methods will you use? How will you maintain inventory control? These are important questions that you must answer before selecting or shopping for eCommerce web tools and products.
Once you have a thorough understanding of what it is you wish to accomplish, you can begin shopping for eCommerce and web hosting services that are right for your needs and budget. Traditionally, web hosting refers to the service that maintains a Web site's content at a specified URL or domain, making that content available to web surfers worldwide. Today it is typical to find eCommerce tools bundled together in a low cost all inclusive package. One of the more important services of an eCommerce hosting package you’ll need to consider is the shopping cart application. This is the tool you will use to build your online store. Most hosting companies provide a demo of this tool and perhaps customer support is available to answer any questions you may have. Be sure to test out the tool. Does it have the capacity to handle the number of products you wish to sell? Does it include built in inventory control, live shipping rates, foreign sales? Besides the shopping cart tools provided by web hosting providers, there are also hundreds of third party shopping cart applications available. These can be found by searching the internet. One thing to note, a shopping cart provided by a web hosting provider generally is an integrated package so you are likely to have less integration problems, enhanced features and better support. When it comes to selecting web hosting for your eCommerce store make sure the hosting company can provide the backbone features you’ll need for success.What are the backbone features? • Available disk space. The disk space provided to store your site text, graphics, scripts, and tools.• Connection bandwidth. The amount of traffic your site can handle. • Customer Support. 24x7 is needed.• Site uptime Guarantee. Nothing less than 99.9% will do.• Expandability/Scalability. You want the ability to grow your site with additional products or upgrades. Take the time to ask questions about these features, if your hosting plan has any short coming with any of these features you may have problems to overcome later on. The role of eCommerce and its influence on our life is nearly beyond measure; it is here to stay and will continue to grow and be a viable way to shop for products and services in the future. It is becoming increasingly easier for entrepreneurs to set up and run an online store. For those entrepreneurs that are looking to generate additional income or replace an income, there has never in history been an easier or more cost effective way to sell products or services. Be brave, take action, you too can be successful with your very own eCommerce business.