The Marketer’s Mind

Different Types of eCommerce Sites You Can Create

Are you interested in eCommerce? It is the wave of the now and the future. Technology allows businesses to conduct their transactions online as another way of doing business.

What can you do on an eCommerce site you ask? It is not just for sales. Depending on the base of operations for your business, the site can be used for a variety of purposes which you will find out about in just a few minutes.

Virtual Storefronts – These are the sites you see when you are looking to shop online. With a transactional site like this, you can do everything in one place. It gives new meaning to “one-stop shopping.” Shoppers can shop a virtual store much like they would a physical one.

Menus allow them to choose product categories and narrow their searches. Once items have been selected, they can be placed in a virtual basket or cart. When shopping is complete, they can checkout with the cashier and get confirmation of their purchase.

Many types of products are sold on virtual storefronts. You are only limited by what you can practically deliver to your clients and still make a profit for your business.

Information Sites – Here, the goal is making the sale but not on the website. Companies with physical stores can use this type of site to advertise for their products. Large corporations utilize this type of site to gain interest in their product.

One of the main reasons that people surf the Internet is to find information. Let’s say that you wanted to buy a car but didn’t want to spend the entire day and half a tank of gas driving to dealerships. Instead, visiting informational sites for cars can assist you in your car purchasing decisions.

These sites provide content on the products, like cars, that they sell. Visitors can see pictures and/or videos of the products as well as descriptions, pricing and location information.

Marketplaces – Have you heard of eBay? Unless you are a hermit, you probably have. In a marketplace eCommerce setting, a middleman brings sellers and buyers together to transact business. Items for sale can be purchased directly or through a bidding process as with eBay.

In this arena, there are several businesses working in one area at the same time. Because it is the virtual world, there is room for expansion into bigger spaces as your business grows. The beauty here is that much of what you will need to do to get prepared for eCommerce is laid out for you.

Food for thought: Know what type of site you want to begin with. Online businesses can use one or more of these types of sites to flesh out their business and be visible to the maximum amount of consumers.

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What is eCommerce?

Business is doing a pretty good job of catching up to the technology created for it. One popular term you’ll find within that arena is eCommerce. What is it all about and why should you care?

eCommerce is simply conducting business online. There are many ways to transact such business. Think of how you conduct business in the physical world. You go to the bank to make deposits; you visit the grocery store or retail shops to make purchases; you go to the gas station to fill up your car’s tank. Each of these activities represents a commercial transaction.

Businesses also conduct transactions between one another. They buy or lease equipment and exchange services. Businesses usually send invoices to be paid at a later date instead of asking for upfront payment.

In the virtual world, commerce is conducted in much the same way with the use of various technologies to meld it all together. eCommerce has become popular for a number of reasons:

• Convenience
• Speed of transactions
• Large numbers of businesses and consumers using eCommerce methods

A business is only as successful as the number of customers they attract. With more and more people using the Internet for more than just surfing, businesses have found a new avenue for increasing their sales. But, like anything else that is new, they have to gain their customer’s trust. The way to do that comprises the ins and outs of setting up an online business.

Purely online businesses rely on eCommerce for their livelihood. Physical businesses have discovered that eCommerce expands their markets globally (depending on their product line). The Internet opens up an entirely new audience of consumers with infinite niche possibilities.

All of this can result in a head rush but before you look through the crystal ball and predict dollar signs in your future, selling online is simple in concept but not necessarily in production. Knowing the nuances can make the difference between a successful enterprise and on that barely scrapes the bottom of the barrel.

There are many decisions to be made before embarking on the eCommerce ship. Planning and strategy are important here. But, to your advantage, there are many resources available to get you going in the right direction.

Use the resources at your disposal. They can help you do everything from marketing to setting up the type of site that you need to conduct your business to choosing the right product line to market online.

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Why Does Your Business Need A Website?

“But, why do I need a website? I have been in business a long time and never needed a website”

Well, that is a good argument and may be valid. However, the times, they are a changin’.

Having a website is like having a sign that says you are open for business. It is just a little part of doing business but it can make your business seem more legitimate to your clients.

Why?

You automatically:
- look more professional
- have more credibility

When you give a person your contact information, it makes you seem more established. When people see that you have your own website, right away it looks like you care about your customers and want to give them information. It is all about positioning yourself and setting yourself apart from the competition. If someone just rolls into town and they look up 3 different businesses and yours is the only one with a website, the others will look poorer for it.

When you have a website, it shows that you are up-to-date and current with your marketing. People expect to see your website address. They may never go and visit your site – they may not need to, but that doesn’t matter. You need to have a site and you need to get it out where people can see it. It can set you apart from other businesses in your town that do not have a site.

Another good reason to have your own website is that you can convey your image to people right inside their own homes.

Someone sitting in their living room can look you up online and find out about your business, the products or services you offer and get to know a bit about you before they even leave their house to buy your product or service. When you buy advertising space, usually the more you buy, the more it costs. A ½ page ad in the phone book costs more than a ¼ page ad. Then they charge you extra for colours and so on.

When you have a website you get to leverage your advertising dollars. Now all you need to do is market your website address and drive traffic there. Once people get to your website, you have basically all the space you want and it doesn’t cost extra! Now you can have pictures, audio, video, demonstrations, coupons, information, details, features, benefits, colours, logo, and anything else you can think of – at little or no extra cost! Far more than you can include directly into the various types of media you are currently utilizing.

So now you have a great “advertisement” - your website – but you are able to buy smaller, less expensive ads in the media. This can be very powerful to your advertising budget.

Having your own website name means you can have an email address at your-own-business-name.com (for example). It becomes part of your identity. It means you can have a company email address. Everyone needs an email address just like everyone needs a phone. Some people just prefer to use email over the phone and by not having one, you could be leaving those people unserved. Do not discount the value that a website – even a simple one – adds to your small business.

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