The Five Steps of E-Commerce

Released on: March 5, 2008, 8:45 pm

Press Release Author: Deepak Singh

Industry: Advertising

Press Release Summary: You set up a retail business, you advertise in your local
newspaper, you get customers coming into your store, and you receive payment at the
cash register. Create an online store, and...How do you get customers? How do you
receive payment? The concept is the same, but the steps are different.

Press Release Body: You set up a retail business, you advertise in your local
newspaper, you get customers coming into your store, and you receive payment at the
cash register. Create an online store, and...How do you get customers? How do you
receive payment? The concept is the same, but the steps are different.

Step 1: Create your website

If you don't have web design skills, you can hire a qualified web designer to create
a website for you, or you can use an online site builder. Think of it as hiring an
architect and an interior decorator compared to setting up shop in an existing
store.

Using a web designer

With the services of a web designer, you can have a unique website template and
website customized to your specific needs. A web development team can also add
features such as Flash headers or any programming needed for your site. If your
company image is critical, a custom-designed site that conveys the right
professional image is a must.

Using an online site builder

An online site builder is the budget way to go. With site builder programs such as
Site Studio, your website can be online within minutes. A step-by-step menu allows
you to choose a layout and colors, and then add a site description, a logo, and
content. Your template may not be unique, but your content will.

Step 2: Set up an e-commerce store

Your customers will browse at your website, select some items, and then pay for
them. When you set up an e-commerce shopping cart, you're providing a way for your
customers to bring their purchases to the cash register. The program you choose will
allow you to enter your products in the database and allow shoppers to choose
products when they click on "Add to cart" or something similar.

Two well-known shopping carts, osCommerce and Miva Merchant, both allow you to do
these tasks:

Add, edit, and delete product categories and other information

Set tax rates and charge tax

Receive payment via numerous online and offline payment processing methods

Bill customers

And much more



osCommerce

osCommerce is an open source program. Store owners can set up their online stores
using osCommerce with no costs involved. For small stores, it has all the features
you need for an online store. Drawbacks of osCommerce are that customization is not
easy, and online stores using osCommerce tend to look similar.

Miva Merchant

While Miva Merchant carries a price tag of $995; some web hosts offer Miva Merchant
licenses with their hosting plans. If you choose Miva as your shopping cart, be sure
to host your site with a host that provides Miva support. Its learning curve is
steep, and it requires the support of people who know how to work with it.

With the price and the steep learning curve, you get more features, and you can
customize the program more. Add-in modules can be bought that perform a number of
tasks. In addition, a strong support community is available in the Miva user group
forums.


Step 3: Get a merchant account and payment gateway

When customers arrive at the checkout counter; you need a way for their payments to
be transferred from their credit card accounts to your bank account. The method you
choose may depend on your sales volume.

For high-volume sales, an e-commerce merchant account plus a payment gateway will
meet your needs. A merchant account provider authorizes the transfer of payments to
your account, and a payment gateway transfers the information from your customers'
financial institutions to yours.

Most merchant accounts have setup fees, transaction fees, monthly fees, and
statement fees. The transaction fees are less than what you'd pay using a third
party credit card processor such as PayPal. With all the fees, however, the overall
cost is typically lower only if your monthly sales volume is over about a thousand
dollars.

For medium and low volume sales, Pay Quake and PayPal are viable options.



Pay Quake

Pay Quake offers three merchant account types to choose from. Although they all
require payment gateways, the two smaller plans have no monthly minimums. You can
upgrade to a higher or lower plan if your needs change.



PayPal

PayPal has become a household name. Customers can send payment through PayPal via
credit card or via money that they transfer into their PayPal account. While the
fees per transaction are higher than with merchant accounts, there is no setup or
monthly fees, and you don't need a payment gateway. You pay only when you have
financial transactions.

Fore more details about these options see WebSite Source Hosting Solutions:
E-Commerce.


Step 4: Create a secure payment environment

A Secure Sockets Layer (SSL) certificate enables you to receive credit card
information securely from your customers. When a payment page is using SSL data to
encrypt data, a small image of a lock appears at the bottom right of the screen.

Some web hosts offer SSL certificates as part of their hosting packages. If your web
host package doesn't include SSL certificates, you can purchase one separately.

With PayPal, no SSL certificate is required.

Step 5: Generate traffic


Your products are on display in your newly designed store, your shopping cart is set
up and ready to use, and you have everything in place to be able to receive payments
securely. Now all you need are customers.

This is where marketing comes in.

Submit your site to search engines.

Advertise your site.

Keep your company name in front of your customers with a regular email newsletter.

Add more content to your website to keep it fresh.

Monitor your website traffic to see where it's coming from and how you can increase
traffic for key content areas.


Web Site: For More Free Resources visit www.thedesignbuild.com

Contact Details: Kharar,Punjab,deepak.jaskaran.singh@gmail.com

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