Web Store  Why Do You Need One merchant account merchant account articles merchant account information about merchant account what is merchant account Merchant Account Information Search Now:  Web Store  Why Do You Need One plus articles and information on merchant account
Article: 3116

Web Store - Why Do You Need One


Web Store:
  • Blinkx Video Search
  • Connect at Current.com
  • Get Hired
  • Write your own Self Improvement Review!
  • Luxury Travel Reviews and Trends
  • Watch Free Videos At Mevio!
  • Free Tech and Gadget Reviews!
  • Local web store Listings
  • web store Listings
  • web store Listings


  • Nowshade Kabir

    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

    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!




    Recommended Reading:

    Blinkx Video Search 
  • World's largest video search engine. Over 26 million hours of video.

  • >> View Site
     
    Connect at Current.com 
  • Stay current! All the Latest News and Videos: Entertainment, Politics, Sex, Tech, and Music. See whats new at Current.com.

  • >> View Site
     
    Get Hired 
  • Earn more money with a better job now

  • >> View Site
     
    Write your own Self Improvement Review! 
  • Write and win! Help others while you help yourself.

  • >> View Site
     
    Luxury Travel Reviews and Trends 
  • Discover incredible luxury travel, shopping, articles, videos and more...

  • >> View Site
     
    Watch Free Videos At Mevio! 
  • Tons of Free Videos, Only At Mevio.com

  • >> View Site
     
    Free Tech and Gadget Reviews! 
  • Watch GeekBrief With Cali Lewis on Mevio!

  • >> View Site
     
    Local web store Listings 
  • Your Source for web store. Find web store Listings Here!

  • >> View Site
     
    web store Listings 
  • Find and Compare Top Local web store Listings Here.

  • >> View Site
     
    web store Listings 
  • Your Source for Stores. Find and Compare Store Listings Here.

  • >> View Site
     

    RELATED ARTICLES >>
    The Lowdown on ECommerce: Making All The Pieces Fit Together - Merchant Account
     
    Website Savvy: 10 Key Steps to Turn Your Customers ON! - Merchant Account
     
    Focus and Fear of Success - The Biggest Monkey on Your Back - Merchant Account
     
    How To Start a Profitable Online Business in 5 Easy Steps and For Under $40 - Merchant Account
     
    Choosing An Internet Merchant Account - Merchant Account
     
    Do You Need A Merchant Account - Merchant Account
     
    Accept Credit Cards Online without a Merchant Account - Merchant Account
     
    How Merchant Accounts Can Save You Money - Merchant Account
     
    5 Things About Offshore Asset Protection Every Internet Marketer Should Know - Merchant Account
     
    How to Start a Business on the Internet - Merchant Account
     
    Choosing an Ecommerce Shopping Cart - Merchant Account
     
    Does Your Business Need a Toll-Free 800 Number - Merchant Account
     
    Increase Sales with Payment Solutions - Merchant Account
     
    How To Find the Best Merchant Account For Your Business - Merchant Account
     
    Last Updated: 2008-11-21     Need More? Check out Article-Max Table of Contents :: docuMAX Network