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Distinguishing Features of E-Commerce
E-commerce differs from mail order and telephone solicitation, the two most traditional forms of business using remote sellers, because these involve the delivery of goods by common carrier to and from a specific physical location. In short, there is still a physical delivery of property from an identifiable seller to an identifiable buyer. E-commerce presents an unprecedented challenge to federal and state tax authorities. States and local jurisdictions have wrestled with the issue of collecting taxes from out-of-state mail order sellers and telephone solicitors for decades; e-commerce enables almost any business large or small to sell to customers in different states and countries.
Doing Business Online - Private B2B Exchanges
Although, automated business processes based on online technologies can create incredible value to existing business, many companies are slow to adopt technological innovations and reap benefits from them. However, lately, things have started to change! According to a recent poll conducted among mid size companies shows 52 percent of respondents plan to spend over a million dollar on business process automation. Large companies - early adopters of online business processes - have been immensely profiting from the value created by process automation. Intel recently announced that it saved one billion dollar last year alone thanks to online business process management.
The Top 10 E-Commerce Ways to Follow up with Clients - Part 1
The biggest mistake we make is not following up with our clients regularly. We not only lose the chance to offer other services and products, we lose the chance for satisfied clients' referrals.
Ecommerce Information Article:
How To Accept Credit Cards Online
Since over 90% of all transactions on the Internet involve customers paying by credit card, accepting plastic money rates a must for almost any business.
The problem for most small online business owners involves the high cost of setting up and maintaining a credit card merchant account.
With startup fees ranging from $200 to $500, minimum monthly fees of at least $40 to $50, plus per transaction fees and a percentage of sales, most people who want to supplement their income online or test an idea can't risk that kind of money.
Add in credit checks, 48-month service contracts, expensive equipment purchases or leasing, financial statements, and last 3 years' tax returns and most people throw up their hands and give up before they even get started.
Fortunately several companies responded to this problem with unique solutions that enable smaller online merchants to accept credit cards at a fraction of those high startup costs with no long-term commitment, no equipment purchases, and zero minimum monthly fees.
~ PayPal.com ~
PayPal has gotten some negative press over the last couple of years, but that press has been mostly undeserved.
PayPal makes it easy for you to collect money for your online sales, send money to merchants, bill people monthly, collect dues and donations and integrate a free shopping cart into your site.
Of all the payment and money transfer services online, PayPal ranks as the absolute lowest in cost and the easiest to set up.
PayPal allows merchants to sell physical and downloadable products along with personal services.
~ ClickBank.com ~
For a $50 one-time fee ClickBank enables online ebook, software and other electronic information sellers to not only accept credit cards, but provide instant delivery of their products to online purchasers.
ClickBank allows any merchant to accept virtually every major credit card on the planet.
The online merchant simply adds a purchase link to their site, the customer clicks the link, fills in their payment information and the credit card gets authorized on the spot.
Once the card gets approved ClickBank redirects the buyer to a page that enables them to download the ebook, software, or other product they have just purchased.
ClickBank also operates a fully integrated affiliate program that automatically pays affiliates who sell your products for you.
ClickBank heavily restricts what merchants may sell through the service and does not allow the sale of physical goods.
~ PaySystems.com ~
Of the three, Paysystems behaves most like a traditional credit card merchant account.
The service allows the merchant to integrate with a number of third-party shopping carts as well as use the PaySystems shopping cart system.
Merchants pay a small transaction fee and a percentage of the sale, but don't sign up for any long-term service contracts or equipment leases.
(c) Jim Edwards - All Rights reserved www.thenetreporter.com
Jim Edwards is a syndicated newspaper columnist and the co-author of an amazing new ebook that will teach you how to use free articles to quickly drive thousands of targeted visitors to your website or affiliate links...
Simple "Traffic Machine" brings Thousands of NEW visitors to your website for weeks, even months... without spending a dime on advertising!"Turn Words Into Traffic"
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I had a rude awakening recently. I checked the days worth of sales from one of my sites and there were none. This had never happened before and of course I was anxious to find out what was wrong.