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An Arm & A Leg for eCommerce?
As a site designer myself, I realize how much time and effort goes into registering, setting up, and designing a site; not to mention the creation of content and seamless navigation. But it is unbelievable how complicated and expensive this process...
Ask Mr. D - ECommerce Sales
Dear Mr. D, After spending about a year as an affiliate for other companies, I have come up with my own product. My product is similar to one that I was selling as an affiliate. I made real good money selling this product as an affiliate, but my...
Ecommerce solutions for small business owners
You are running a small business.
Or
You may have a web site but has not been generating a good income.
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You may have a web site, which is generating a good income, but you want to increase your income.
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You do not have a web site, but thinking...
Ecommerce Store Owners : Want Visitors? Here’s How. . .
Have you recently opened an online store, and waiting for those customers to drop by and start shopping? In cyberworld - unlike the real world - you just can’t pick a good location and rely on passing trade. You’ve got to work hard to get visitors...
Microsoft Great Plains eCommerce - know your options and alternatives
As eCommerce designer you should be aware of several options and customization tools in your disposition, when you utilize Microsoft Great Plains 8.5 (June 2005), 8.0, 7.5, Great Plains Dynamics/eEnterprise 7.0, 6.0, 5.5 or 5.0 Great Plains...
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Ecommerce Solutions Compared
There are dozens, perhaps hundreds of businesses and
organizations eager to assist and sell product online.
Basically, they fall into four categories: credit card
transactions, digital cash transactions, electronic fund
transfers and telephone billing systems
The right choice for you depends upon your specific business
requirements.
1. Merchant Internet Accounts. Pros: Consumers are familiar with
credit cards with credit card transactions, consumers don’t
have to download and install special plug-in. Credit card sales
lends itself to impulse buying.
Cons: Consumers still have concerns regarding providing
financial information online. This method does not lend itself
well to the purchase of down loadable soft goods, such as
software, art, graphics, etc
2. Electronic Cash Transactions Electronic money is an
arrangement whereby the customer pays for the merchandise using,
well, electronic money. Examples of this are the well known
DigiCash, Cyberbucks, CyberCash, etc. Pros No credit card
transactions are required. No concerns re charge backs. Lends
itself well to micro payments.
Cons Many people are unfamiliar with the concept and shy away
from unknown entities. Eliminates the possibility of impulse
buying, unless both customer and merchant are already in same
scheme. May not be available
globally.
3. Electronic Fund Transfers Funds are transferred
electronically from the customer’s bank account to yours. The
best known method is the issuing of electronic checks Pros No
credit card worries. Available to persons who don’t have
credit cards
Cons A very new technology that some perceive as being less
secure than other forms of ecommerce. Many customers aren’t
set up to issue electronic cheques; time required to make the
arrangements eliminates impulse buying. May not be available to
international consumers.
4. Telephone Billing Systems A very new approach, telephone
transactions allow the customer to purchase an item or service,
and the amount is billed to his or her telephone bill. Pros
Eliminates worries about credit cards (for both consumer and
merchant) Safeguards soft merchandise â€" no possibility of
theft or pirating. Cons Customer is required to download and
install a plug-in. currently only available for soft merchandise
but can do some limited transactions for hard goods. Currently
available for sales using telephone modems and will not work for
transactions over cable modems and ISDN lines.
About the author:
For more information on credit card
processing,please visit http://www.paynetsystems.com<
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