|
Web Store: Why Do You Need One? By Nowshade Kabir
Rusbiz.com
Internet has opened a new era of business opportunities. Each
day, thousands of new consumers are joining the Internet. More and more
companies are adopting Internet as their primary sales and distribution channel.
According to Forrester Research -The survey of 130 U.S. companies indicates
consumers spent $76 billion shopping on-line in 2002. This represents a 48
percent increase over 2001, and projections for 2003 come close to $100 billion,
representing 4.5 percent of total retail sales.
As a business you probably understand that in order to stay competitive you must
integrate ecommerce to your present business strategy. A little research will
show you that there is an extensive array of technology and solutions for
enterprise and web store building available in the market. You also perceive
that ecommerce sites can cost you from a mere couple of hundred bucks to
hundreds of thousand of dollars. How to choose something from so many options
that will exactly fit your present need?
Although, this might look like a daunting task, a little preparation will
definitely help you taking the right decision in your quest for an appropriate
ecommerce solution. To understand your requirement better and create a proper
ecommerce strategy, you have to ask yourself a number of questions. Below I
jotted down some of the questions that, hopefully, will spur your imagination.
* What should be the look of my web store?
* Do I need a database for my product catalog?
* How should the purchase order generate on my web
store?
* Do I need to handle different pricing system for
dealers, wholesalers and end customers?
* How do I bill my customers?
* How easy can I make my web store to navigate?
* How many search options should we have?
* Can I show my customers a product comparison
table?
* What should be my merchant account gateway
system?
* Finally, how much should I invest to build my web
store?
If building an ecommerce site from scratch feels too overwhelming to you and you
are a small business, my suggestion is: to build a web store with one of the
providers similar to Yahoo, Bigstep, Rusbiz etc.
The web stores that you can build directly on the Internet have all the
necessary features like shopping cart, product catalog and payment gateway as
any regular ecommerce site. In most of the cases, you construct web store online
from templates and easy-to-use editor and you hardly need to know html or other
script languages.
You can order your Web Store from
Rusbiz right now.
The benefits of using a web store that you can build online are enormous.
Quick to build: If you have all the materials handy, you can build a web store
within a day.
Easy in use: You don't have to be a rocket scientist to build a fully functional
ecommerce site. Step by step procedures of making pages from templates allow
anybody to create a professionally looking web store in no time.
Affordable: Although, some of the providers charge commissions on your sales, as
Yahoo does, in most of the cases your expenses are less than US$ 100 a month to
have a good web store.
The only disadvantage you have with this kind of web stores is you might not be
able to give the customized look and feel to the site as you intend to. Then
again, once you start generating enough sales through your web store, if you
must, you can always build an ecommerce site by hiring web design companies.
If you are still hesitant in starting online business using web stores I would
suggest you to read the following eventual benefits that you may have from
ecommerce.
Increase your sales and profits:
If you are a brick and mortar company, online commerce will definitely increase
your sales and with it profits.
Enhance your company image:
Today, even small companies understand the importance of having a website.
Planned, sophisticated and professional website creates positive image of the
company and help building brand name.
Reduce costs and save money:
If required features are available on the website practically all business
processes are possible to carry out on the Internet, which allows you to reduce
overhead costs, costs incurred due to documentary mistakes, document processing
costs, etc.
Improve customer service:
Frequently Asked Questions pages, forums, Internal Messaging Service, chat
lines, etc. all these features help you effectively running your customer
service.
Become a global player:
Thanks to the reach of Internet you are no longer confined to a certain
geographical boundary any more. You can sell products to any place of the world
24 hours a day.
Add sales channels:
By joining e-marketplaces and B2B exchanges you can significantly increase the
number of sales channels available to you.
Reduce supply chain cycle:
If you automate supply chain processes through Internet, you will be able to
shorten the entire cycle from months to days. You will be even able to eliminate
certain phases of your supply chain process.
Market products and services:
There are numerous ways of getting traffics on your site and popularize your
products. In fact, you can get more people in your web store than it is
physically possible to accommodate in a bricks-and-mortar shop.
Compete with large companies:
On the Internet you may successfully compete with the behemoths of your industry
and even curve market shares out of them.
Low start-up costs:
Normally, starting a brick and mortar business requires significant cost
involvement. On the Internet - opposite is true! To start a business online you
hardly need any major investment.
No entry barrier:
As you know, many businesses in real world are tightly controlled by certain
groups. On the internet there is no such barrier! Anybody can start any business
of his choice.
No need to close existing sales channels:
By adopting Internet as a sales channel you do not loose anything as your web
store only complements existing sales conduit.
If you are new to ecommerce world, I would advise you to go slow! First create a
plan with long term and short term objectives. Try implementing your plan
gradually. Make sure that you do not spend too much money on your initial
ecommerce project. Remember! Over 80 percent of all software projects do not
finish in time within the budget; and do not work as planned!
*************************************
Nowshade Kabir is the founder, primary developer and present CEO
of Rusbiz.com.
He has Ph. D. degree in Information Technology. Dr. Kabir has over 12 years of
experience in International Trade and has worked as an advisor to several
government projects. You can contact him at
nowshade@rusbiz.com
http://www.rusbiz.com.
|