Importance of E-commerce for business.

Discussion in 'Growing and Managing a Business' started by Ferrarijohn, Jul 20, 2012.

  1. Ferrarijohn

    Ferrarijohn
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    1. No need of paper work
    2. Effective marketing can make your site popular and customer friendly.
    3. Shop for 24x7 without any difficulty.
    4. Online helps you avoid your online sale by your competitors.
    5. You can search and buy your products internationally.
    6. No need of set up for the business branch you can set up anywhere.
     
  2. printingray

    printingray
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    Nice importance but where is SEO ?
     
  3. Tiger13

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    Great point about it being much easier to keep tabs on. Minimal paperwork means more time to add products and/or come up with other ideas.
     
  4. alex12

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    Having web site with search engine friendly manner that isn't enough to be have good eCommerce website. In order to have complete success for eCommerce website that users trust and confidence are the core aspects of eCommerce business. We always been recommending that SSL security certificates are an ideal solution to gain users trust and confidence on website. Have web site with SSL security certificate and search engine friendly then there is no doubt of success. Wish you good luck!
     
  5. stcatherines

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    According to my point of view E-commerce is the heart and soul of an e-business.Although e-commerce are largely, related, there are differences between the two. E-business has a much wider scope when compared to e-commerce. While e-commerce deals with all the money related aspects of a business like purchase and sale of goods, preparing financial statements of the business and preparing future financial goals, e-business goes much beyond financial matters.
     
  6. harvestllc

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    You can buy and sell almost everything at your doorstep with the magic of e-commerce in this 21st century which will be known for information revolution. E-commerce has changed your lifestyles entirely because you don’t have to spend time and money in travelling to the market. You can do your e-payments with the help of e-commerce.
    You can pick up the pace of your online business with the help of e-commerce application development and web development solutions. The ecommerce solutions offer many advantages as follows:
    E-commerce is one of the cheapest means of doing business as it is ecommerce development that has made it possible to reduce the cost of promotion of products and services.
    There is no time barrier in selling the products. One can log on to the internet even at midnight and can sell the products at a single click of mouse.
    The on-time alerts are meant for the convenience of the consumers and inform the consumers about new products.
    E-commerce reduces delivery time and labor cost thus it has been possible to save the time of both – the vendor and the consumer.
    Hence, in this cut-throat competition, an interactive user friendly and focused website in the form of online shops can generate you good business. You can find a lot of web development services from where you can get your website made but it is advisable to hire a reliable and user friendly web development service.
    If you possess an e-commerce shop then this proves that you are a customer-oriented firm and you are interested in knowing about the needs of your customers.
     
  7. Bharat Book

    Bharat Book
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    Excellent information provided here which focus on advantages of e-commerce for business.E-commerce helps for growth of business and plays important role for publishing your business worldwide..
     
  8. Ken Peterson

    Ken Peterson
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    Having an Ecommerce site is not only the solutions for online business. You should be having Top number of position in search engines for your particular products terms and to be sustained with that. Along with this I agree with 'alex', to stay safe from hackers ecommerce sites must make a use of SSL certificates to secure personal and transactions details of your customers.
     
  9. kennyschwimmer

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    I agree that its not just having an e-commerce website but also about getting your website rank good in the search engines. It is important for you to grow your business and make profit.
     
  10. Ocean Archer

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    It sounds easy, but it's not. Our company has a much bigger marketing budget for ecommerce than brick and mortar store. Yes, there are ways you can advertise for free, and we utilize as much of those opportunities as we can, but we really have to pay to get the high volume traffic that we need. By comparison, our ecommerce marketing budget is 20% of gross revenue vs. brick and mortar store of 3.2% gross revenue. Labor and rent is more for a B&M store (assuming the same total revenue as selling products online), but total overhead is about the same. Then take into consideration that competition is a lot tougher online, our gross margins are a lot lower online than B&M because we have to keep our prices lower.

    Of course it depends on what you're selling, but ecommerce is not the elixir to financial independence that so many people believe. There are few exceptions, but it usually takes money to make money, and most businesses, especially online businesses, don't make enough money to be sustainable as someone's primary source of income.
     
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  11. sophieperrone

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    Now a days there are various platform that are helpful to generate sales like ecommerce merchant (Google shopping, Bing Shopping etc..). You should also try ebay (they charge around 8-10% commission on sales).
     
  12. sameera

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    It looks good to think about Conversions and traffic of the website but always do it by following proper Google Guidelines. If you want that your website to visible on SERP's then that doesn't mean to increase backlinks, this is not good. Website design, website interface, user's satisfaction for your product matters a lot.
     

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