E-commerce Mookie Betts Authentic Jersey , a no nonsense perspective for new business ECommerce Articles | March 27, 2005 Why you should read this Guide Whilst failure is one of the best ways we can learn, learning from others? experience is far less painful - and that?s essentially the point of this guide! Learnin...
Why you should read this Guide
Whilst failure is one of the best ways we can learn, learning from others? experience is far less painful - and that?s essentially the point of this guide! Learning from others makes achieving your own goal quicker and easier J. D. Martinez Authentic Jersey , plus lets face it, making unnecessary mistakes is just plain dumb!
Spend just 2 hours digesting the information in this guide and you could save years of trial and error. Which route do you think will put your e-commerce venture into profit fastest?
Whether you are thinking of starting a new Internet business, or you already run your own business and are interested in developing a website or perhaps an e-commerce operation; if you are considering developing a presence on the Internet then this guide is for you.
If it seems too good to be true, it just might not be.
Why e-business?
Since the early ?90s the Internet has shaped the way we do business. At first it was peripheral nowadays it is central to business life. Technologies have advanced and access is more widespread Blake Swihart Authentic Jersey , meaning businesses can do more things for more people. But the Internet is really just another communication channel, though unlike other communication channels it differs in that it can offer a uniquely interactive experience, serve multiple data formats, and provide information on-demand.
This said the Internet is still a communication channel and successful web applications usually leverage one or more of the following benefits.
Immediacy. With today?s data transmission rates communication can be almost instantaneous.
Frequency. The convenience of the Internet and particularly email Jackie Bradley Jr Authentic Jersey , means that communication is likely to happen more often.
Cost efficiency. Migrating traditional communication to utilise internet technologies can greatly reduce costs.
So how can your Business leverage the Internet and in particular the communication benefits? Below are just a few areas your Business should consider.
Commerce - e-commerce has become synonamous with the Internet; from presenting product information, to marketing, to communication with Customers - costs are often very low.
Business Awareness - Industry sector, latest news Dustin Pedroia Authentic Jersey , product range or simple directions. The Internet is an ideal vehicle for delivering information about your Business to a wide audience at low cost.
Image - Brand and Image are important assets to Business. The Internet can be used to promote an image and reinforce a brand - perception is all!
Community - A web site can provide a superb focal point for people with similar interests, especially where visitors are encouraged to interact with your Business and each other.
Support - Providing post sale support, or just dealing with frequently asked questions, a website can be used to provide a structured mechanism for providing help or information.
Competition - In an age where businesses without a website are increasingly the exception David Price Authentic Jersey , a professionally designed website may differentiate your Business from your competitors'.
Think of any web site you use, and you?ll see that the benefits users and the Business itself derive will mostly relate to communication and fall into one of the three categories previously mentioned; immediacy; frequency and cost efficiency.
Ten Golden Rules of e-business
1.Start re-skilling now. If you don?t have huge financial backing your idea will not get off the ground UNLESS you can do much of the work yourself.
2. You have more chance of making money if you can take just one step up the supply chain.
3. The real profit makers on the Internet match supply with demand, but do not sell anything!
4. You can?t just build a site and expect to start generating income any more.
5. There are few truly new ideas - most things have already been done. Exploit a niche, leverage breaking technology Xander Bogaerts Authentic Jersey , or do the same thing but just better.
6. If you come across an idea that hasn?t been done, congratulations you could be on your way - but think long and hard about why no one else is already doing it.
7. Expect any competitive advantage you may establish to be short-lived. Where will your profit come from tomorrow?
8. Be amazed at how little your e-business is worth.
9. Don?t buy an e-business ?off the shelf?. At least one person does not want it ? why not?
10.Establish a budget to build your site then add at least 30% more to build an adequate administration interface.
1. Start re-skilling now
Here?s an unwritten law of the Jungle; many businesses thrive off other start-up businesses. This is true whether your business is offline or online. Just getting your Business off the ground can seriously stress your cash-flow. e-business can be even more expensive as additionally you?ll need technical services like web hosting, graphics design, site design and database development David Ortiz Authentic Jersey , search engine optimisation, secure servers, bandwidth, data backup Jim Rice Authentic Jersey , credit card processing, disaster recovery and insurance to name a few; these are on top of your other overheads!