Sunday, March 06, 2005

E-commerce - Reasons to sell online


E-commerce - Reasons to sell online


By James T. Faasse`

1) Money- It's here folks! E-commerce sales total in the billions of dollars every year. Not millions. Billions!

2) The early bird earns market share. Those who are first to enter a market will most likely control it. You probably aren't the first in your field to launch an e-commerce business, or even the hundredth- the sooner the better.

3) E-commerce is affordable. Small businesses often fear they don't have the resources to compete with the big boys. Thanks to application service providers (ASP's), small businesses can sell product on the web for as little as $79/ month. Learn more about shopping cart software and ecommerce hosting.

4) Lower operating costs. Dealing with clients over the Internet reduces operating costs. A recent survey yielded estimates that $7 is saved every time a customer checks their order status via the web compared to calling.

5) E-commerce is conducted worldwide. Sure, orders can be taken over the phone and by fax, but e-commerce enables a customer from Bangladesh to conduct business with a company in Nebraska.

6) Affluent consumers shop online. Over 65% of online consumers have a household income that exceeds $52,000.

7) Items can be added to your shopping cart 24-7. E-commerce enables your businesses to operate 24 hours a day seven days a week (as long as you have a reliable e-commerce host, that is!)

8) E-commerce is growing and growing and growing. Thousands of homes add the Internet each day.

E-commerce is not a get-rich-quick scheme. It's about solid business fundamentals and marketing strategies. With the proper mix and a lot of hard work, you can make your e-commerce dream a success.

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