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November 2019

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Creating Websites Like E-Commerce Sites

You might want to create a website of your own, with a common example being a business or e-commerce website. E-commerce stands for electronic commerce, and refers to Internet sites that buy or sell products or services directly, including both physical products and services and virtual products and services. Exchanging financial data is also an important part of e-commerce in the context of online payments. E-mail and mobile phones are also often involved with e-commerce.

Aspects of E-commerce

E-commerce is made possible via electronic funds transfer, online transaction processing, electronic data interchange, automated data collection systems, inventory management systems, supply chain management and Internet marketing. Most commercial entities are at least somewhat involved in e-commerce today.

E-commerce Applications

E-commerce transactions tend to be either business to business or business to consumer. There are many common e-commerce applications. These include supply chain and logistics document automation, enterprise content management, group or collective buying, domestic and international payment systems, instant messaging, newsgroups and automated online assistants.

More on E-commerce

Other aspects of e-commerce include online banking, online shopping, online order tracking, online office suites, teleconferencing, online tickets and shopping cart software. Some aspects of e-commerce tend to be regulated by governments. These often include online advertising, commercial e-mails and consumer privacy.

E-commerce Distribution

Some e-commerce practitioners exist only over the Internet, with an e-commerce website and perhaps other websites but not physical storefront or location. There are also more traditional commercial entities with storefronts or physical locations that also have a web presence that include an e-commerce website both for direct sales and for drawing more business to physical storefronts.

Making E-commerce Websites

Professional web designers can create e-commerce sites, but amateurs and laymen can use such applications as website builder tools, website design software and e-commerce software to do so as well. The best e-commerce sites are often simple and efficient in design, and it is generally not difficult to plan, build, launch and maintain an e-commerce website given the appropriate tools.

E-commerce and E-business

E-commerce is a subset of e-business, which is business conducted more efficiently with the use of information technologies. Internally within a business this can mean customer relationship management, human resources management, content management, enterprise resource planning, document management systems and communications systems such as digital audio, voice mail, e-mail, web conferencing and digital work flows.

Examples of E-commerce Products and Services

Software, electronic books and streaming media are some examples of online goods and services. E-commerce retail services can include travel, banking, food ordering, online pharmacy, online flower delivery and DVD-by-mail. Examples of mobile commerce include banking, ticketing and payment services. Some e-commerce marketplace services include advertising, auctions, online wallets, trading communities, price comparison services and social commerce.

Article Source: http://EzineArticles.com/6929483

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The Untold Factors Behind E-Commerce Business Failures

In the eyes of a successful e-commerce business owner, a failing economy would not stop him or her to profit online. However, it may contribute as one factor to hinder the e-commerce business to grow, but it is not the sole reason other e-commerce business owners fail. As of now, the internet has an abundant number of users. In the recent Plunkett’s Research, there are more or less 1.5 billion users on the internet worldwide. Even if the United States economy is running low, some customers all around the world that e-commerce businesses can transact with are there.

It is unfortunate that common e-commerce businesses start to fail just after two years of establishment. There are many factors why it is inevitable for an e-commerce business to fail. Examples are not getting a cheap webhosting provider, ignoring customers, and lack of website updates. However, if a businessperson knows what factors are hindering e-commerce business to flourish, they are sure to be bound with success. Therefore, here are a few common reasons why an e-commerce business will fail.

Lack of Knowledge about Their Target Market

E-commerce business owners do this big mistake repeatedly. Not knowing what your market wants will definitely make you fail in the e-commerce industry. In addition, thinking that your customer will just buy any product you show them is a big no. You must know what your customer wants. You must know what your product can solve and why they need it. In addition, knowing the demographic makeup of your customers will surely help.

E-commerce Website

Getting a very expensive webhosting service will surely reduce your profit. It is recommended that e-commerce business owners get the cheapest domain registration available. In addition, using a very long and hard to remember website name is wrong. It is best to make your e-commerce website’s name short, meaningful, concise, and easy to remember.

Customer Service

A business’ success does not always rely on your product and advertising. Providing a customer with the extra mile in customer service will provide you with loyal customers. Ignoring their requests and problems will just give you tons of detractors that may harm your reputation. Always remember that every customer is important and you must always provide him the best customer service experience.

Outdated Website Contents

Not updating your website contents may let customers think that your website is not working anymore. In addition, stale contents will make the regular visitors discouraged to visit your websites often. This is because customers always want new information about your products and services. This will highly affect your traffic and your marketing.

Knowing and avoiding those factors will largely lower the chances of getting an e-commerce business to fail. Providing good customer service, getting a cheap webhosting provider, frequent updates on the website, and knowing your customers will not only help you on avoiding failure, following those things will also raise your chances to be one of the best e-commerce websites out there on the internet. If you already have an e-commerce website, you must start now on fixing the things that is hindering you to get more out of your business.

Article Source: http://EzineArticles.com/7045318