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Six components of a good e-commerce site

Many of your competitors are already doing business through the
Internet. You read that yearly growth rate of e-commerce is over
25 percent. E-commerce segment for the businesses that sells to
other businesses or B2B, as it is called, is escalating even in
a better pace. Naturally, at one point, you too decide that you
need to have a piece of this action! But, what are the main
characteristics of a good e-commerce site that you must consider
even before you build one?

A small research will show that there are numerous choices for
you to make your business presence online. In fact, you can be
overwhelmed with all the possibilities that are available on the
Internet to build an e-commerce website.

However, it is important to plan your website before even shop
around for tools to build your site. There are some basic
components that all e-commerce sites include, such as product or
service description pages, a shopping cart - so that buyers can
select and keep items from your product list till they generate
a purchase order or an invoice, a payment mechanism – so that
buyers can pay for your products online or offline. But, you
also need to pay attention to the following crucial aspects:

Product information Buyers take their decision whether to buy a
product from your site or not depending on the information that
you provide. That’s why the product should have a clear and
high-quality picture, short and detailed specifications. If
necessary add attachments of diagrams, sketches, video etc.
along with the product specification. Write clearly and
prominently all sales terms and after sales supports terms, etc.

If you have many products, it is better to use an industry
standard classification system to categorize your products. The
goal is to have all the information related to the product
available on the website, so that the customer can take a
positive buying decision instantly.

Different Ordering Methods The ultimate goal of your e-commerce
site is to make sales. Many people still don’t feel comfortable
to make payments through online transactions. You would be
better off if you include ordering processes by fax, telephone
and ordinary mail. In fact, to have a telephone number for
customer support and order is a must for any e-commerce site as
it gives buyers some extra feelings of security. That way they
know that they can always talk to a live person if anything goes
wrong.

Different Payment Methods Although credit cards are by far the
most acceptable means of payments on the Internet, you should
definitely consider other methods as well. For small payments,
Paypal is becoming increasingly a popular mode. All e-commerce
sites should integrate this to their payment methods. More
options include: Electronic checks, e-bullion, Offline bank
transfer etc.

Shopping Cart with Tax Calculation In your search for shopping
carts look for the ones, which have different tax calculation
mechanisms inbuilt. If you are located in a province or state
where your regional tax gets calculated on top of the federal or
vice versa, your shopping cart should have the ability to
calculate them correctly.

Guarantees As money back guarantees are becoming increasingly
common on online sales you should consider prominently posting
your money back guarantee on you website. Be sure to make your
money back guarantee generous! Customers are becoming pickier on
this issue. For example if you sell knowledge base products like
e-books, reports etc. make your hundred percent guarantees at
least of two months. For tangible products, after sales
warrantees should be also considerably generous. Customers
should feel completely secured to buy at your website.

Privacy Policy Your website must have a privacy policy.
Customers are very concerned about the information that they are
relaying to you. You must clearly explain them what you plan to
do with the various information that you collect from your
customers. If your site is planning to use cookies, make sure
that you covered this aspect in your privacy policy too.

Security If your website collects sensitive information from
your customers, you should use security systems like SSL (Secure
Socket Layer). This guarantees that the data provided by your
customer will not fall into the hand of a malicious hacker while
transferring from his computer to the web server. This also will
reassure your customers that you are truly concerned about the
security of their personal and sensitive information.

Once you know how to handle all the above mentioned aspects, go
ahead and look for a great tool to build your dream e-commerce
website and make money online!



The Importance Of A Focused Business Plan


So you have seen a great opportunity and are about to get started. Where do you go from here? Before you dig in, I cannot stress enough the importance of a well laid out business plan. You might then be asking, how do I plan and set goals if I don’t have a clue what I’m going to achieve and in wh. . .


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