ECommerce - What You Need To Know To Succeed

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What Do You Need to Get Your Ecommerce Site Up and Running?

This lense discusses ecommerce issues and tools that you would need to use to have a fully functional e-commerce site.  Miss these things and you could be setting yourself up for failure.

Feel free to leave us a comment and vote on our survey!  We would love to get your feedback! 

9 Things You Must Do If You Want To Have A Successful Ecommerce Web Site 

E-commerce is a growing strategy that more and more businesses are realizing is necessary to have as part of their business model. Unfortunately it can be a complicated solution that requires knowledge of many back-end functional components that most entrepreneurs aren't familiar with.

Read on to discover the specific components that are required to create an ecommerce web site. It will discuss what the components are, and what they do.

All of the linked resources, I or my clients use personally.
  1. Determine a good business name for your e-commerce store and then purchase a domain name for the name of your store. The name should have a keyword that people would use to find your products and/or services.
  2. Sign up with a quality web hosting provider. It should have at least one SQL database, and can do server side scripting, such as SHTML, PHP, and/or CGI scripting and at least 300Mb of space.
  3. Use a good shopping cart. The shopping cart needs to do the following:

    1) Allow multiple simultaneous users.
    2) Keep a running total of the costs.
    3) Finalize the order.
  4. Create a good database - The database is usually used to:

    1) Keep customer data
    2) Create customer personalization
    3) Keep product data
    4) Hold shopping cart contents
    5) Integrate with other systems
  5. Accept credit cards.

    You will want the ability to accept credit cards. Sure, you can run an ecommerce business by using fax, and/or requiring people to send in your checks, but you will be leaving a lot of money on the table if you don't accept credit cards in one form or another.
  6. Use a secure socket layer -
    A secure socket layer encrypts the data between the customer's computer and your web server. It keeps prying eyes from sneaking a peek at sensitive data, such as credit card info.
  7. Use a payment gateway -
    A payment gateway collects the credit card info and sales info (price, customer info, etc.) and does some sort of basic fraud check, to make sure the credit card isn't stolen, etc.
    It charges the customer's credit card and deposits the money into your bank account.
  8. Acquire a merchant account

    A merchant account allows your business to charge sales to credit cards. It is basically a type of agreement between your business and a bank.
  9. Get a separate business bank account

    You will need a bank account that will accept the deposits for the credit card charges. As with most everything else, business bank accounts vary in features and costs based upon the servicing bank.

Free E-Commerce Course

Get a free e-commerce course and learn all you need to know about e-commerce at this free online e-commerce course here.

E-Commerce Business Issues 

Read more articles on starting up an online business and the issues that can affect your online business.

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E-commerce Software 

Here are some ecommerce software selections that will help you in your quest for a workable e-commerce solution.

E-Business In a Box-6 Month Subscription

Amazon Price: (as of 07/06/2009) Buy Now

VersaCheck Web Commerce

Amazon Price: (as of 07/06/2009) Buy Now

E-Business In a Box-12 Month Subscription

Amazon Price: (as of 07/06/2009) Buy Now

Shopkeeper Ecommerce Software

Amazon Price: (as of 07/06/2009) Buy Now

eCommerce Starter Kit

Amazon Price: (as of 07/06/2009) Buy Now

Information on E-commerce 

Read these e-commerce books to give you a background on what you need before adding an ecommerce solution to your website.

E-Commerce: Business, Technology, Society (3rd Edition)

Amazon Price: (as of 07/06/2009) Buy Now

Build Your Own ASP.NET Website Using C# & VB.NET

Amazon Price: $29.67 (as of 07/06/2009) Buy Now

Starting an Online Business For Dummies, 4th Edition

Amazon Price: (as of 07/06/2009) Buy Now

e-Business 2.0: Roadmap for Success (2nd Edition) (Addison-Wesley Information Technology Series)

Amazon Price: $40.94 (as of 07/06/2009) Buy Now

What is your biggest question about online commerce? 

Tell us what is your biggest question about online commerce?

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Leave us a comment or an opinion 

Let us know what you think about ecommerce and the state of online commerce!

jzavala446 wrote...

This info really hits it on the dot. I should know I have my ecommerce thing going on

ReplyPosted November 22, 2008

Alanas_Vintage_Collectibles wrote...

Enjoyed your lens and I totally support the world of ecommerce and selling on your own website.

ReplyPosted October 29, 2008

LisaJesse wrote...

Hi! I appreciate your lens with all the great information. Visit my World's Best Online Shopping Cart System" site. It will make your business as successful as it can be!
Thanks, Your friend, ~LISA~

ReplyPosted October 02, 2008

Yahoo-Web-Hosting wrote...

Always good info about e-commerce. Run with one of Yahoo Merchant plans.

ReplyPosted August 05, 2008

trueprosperity wrote...

Good information and great resources for those wanting to open an e-commerce site. 5 stars!

ReplyPosted June 17, 2008

 
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