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Regulations That Control Ecommerce Solutions – Step 2 – Company Information That Must Be Supplied

Over the past few years there has been a significant growth in the consumer spending online and businesses are seeing that online selling is a major way of them to save costs and resources. The growth of online selling has increased the amount of options available to an ecommerce store or Facebook store with ecommerce solutions now available to help with the selling of their product or service. The inevitable growth of online selling has led to the increase of legislation governing it.

In this next step of regulations governing online trading in the UK that all potential online businesses should look at before setting up their ecommerce software solution. We will look at information that must be provided by the companies. This information must be supplied by the company to conform to new online regulations.

All of the regulations brought up in the relating articles have a common theme, companies must be open and honest to the customer and provide as much information about themselves as possible. Providing the information will gain the ecommerce store or Facebook store trust and acknowledgment to customers and their peers. Having ecommerce solutions that are trustworthy and verified by associations and their customers will be successful, so having the relevant regulation information in place is beneficial for the ecommerce shop or Facebook store as well.

The information that the companies must supply are quite simple, to conform to the governing ecommerce regulations, the information must be shown on their website. All commercial websites must make the information directly and permanently available to consumers on the trading website.

This information includes:

  1. Company’s name
  2. Postal address, registered office address if different
  3. Email address

This is the first set of information which details that the company is legitimate for the governing body and the customer. Providing these basic contact details is highly beneficial as the customer has choices to buy and become familiar with the online business.

The next set of information that has to be provided is:

  1. Company’s registration number
  2. Trade of Professional Association memberships
  3. Company’s VAT number

If the company has been established for a few years then the above information will be established. If it is a new ecommerce store or Facebook store then it will be up to the owner to decide if they become VAT registered and register to associations.

All of the information applies to the online business whether the site sells online or not. All of the marketing communications such as email, SMS and ecommerce software must also display all the above information under the ‘Information Society Service’ regulation.

The ecommerce regulations require that all pricing on the website must be displayed clearly and unambiguously. This means that all prices must state whether the prices are inclusive of tax and delivery costs.

Creating your ecommerce solutions will be a major project so by having a clear idea of regulations that govern online business ought to be a start for any company looking to promote their product or service. Having a good grasp of regulations will save you time and money in the long-term as new regulations are becoming more and more inevitable as online business continues to grow along with new, exciting ecommerce software. Having the basics in order will only benefit the company and the potential customers, as having a conformed website will add to the trustworthiness of the company.

Facts About Web Hosting and Ecommerce

The web hosting facility was first established in around 1991. Since a lot of up gradation was done in the internet system. The concept of Web Hosting slowly became popular. Initially only the big companies and business farms only used to host their personal websites. In these websites, an individual would get all the information of the particular company. But, no transaction could be made. The individual did not have the right to buy the manufactured items of the company. Only the information about the manufactured items, the details of the particular company and where the products are available was offered in the websites. From this web hosting facility an individual could not make any transactions that is, he or she cannot buy products from the company or sell to the company. No online transactions can be made through this facility.

Later the concept of Ecommerce came into the market. Initially people hardly knew about it. But, when the particular stuff became more and more interesting and helpful, people slowly started knowing about the particular concept. Before talking about the concept, first we need to know what Ecommerce is, what are the different types of Ecommerce and how does it work along with the web hosting. When business is made through the help of internet and transactions can be made through online facility, it is called Ecommerce. In ecommerce business most of the companies do not deal with the customers physically. Only online interactions can be made. Ecommerce mostly deals with buying and selling stuff over the internet. Ecommerce is mainly of 5 major types. They are as follows:

  • B2B (Business to Business): when Ecommerce is done between two companies, it is known as B2B Ecommerce. Relationship between two companies is maintained through this system.
  • B2C (Business to Consumer): when Ecommerce is practiced between the company and the consumer, it is called B2C Ecommerce.
  • B2G (Business to Government): when Ecommerce is done between the company and the Government sectors, it is known as B2G Ecommerce.
  • C2C (Consumer to Consumer): when the business is done between consumers via internet facility, the system is known C2C Ecommerce.
  • M commerce: this is a new branch of Ecommerce. This technology is very nascent. In this system, one can make the transaction through a wireless system, for example: an individual can use his or her cell phone to make the transaction. In present condition, Japan is in the leading position of M commerce technology.

Web hosting technology allows the individual to get the information of the companies. One has to visit the particular website of a company, search for the product and buy it. All these are possible only because of the Web hosting system. From this we can conclude that Web Hosting and Ecommerce go hand in hand. They are interrelated with each other. Web Hosting is possible without the Ecommerce but, the vice versa is not possible. Web Hosting allows the business to grow globally. For this reason, Ecommerce has become so popular.

Multi-Tasking And Internet Marketing – Do You Have What It Takes?

Multi-tasking is a talent, a skill that you may or may not be born with but it’s certainly one you can develop and hone. More importantly, multi-tasking is something that can make or break you. If you don’t have what it takes, multi-tasking may make you bite more than what you can chew. The next thing you know, your Internet marketing efforts have all been for naught.

Multi-Tasking and Internet Marketing: Do You Have What It Takes?

If you’re serious about multi-tasking then consider the following factors and see if you can make them happen in your life.

Be ready to outsource.

Multi-tasking means taking care of significant tasks at the same time. It never includes devoting your precious time to unimportant tasks. Thus, you have to know your business very well to determine which tasks are worth your time and which tasks you can afford to outsource to other people in or out of your company.

Know your priorities.

You need to know which tasks require your attention the first and so forth. If you’re not good at prioritizing, multi-tasking can cause you to panic in the end when you have no idea how to finish everything in time. Being clear about what you want and what you’ll get from each task, on the other hand, can be a big help in knowing your priorities.

Stick to the plan.

Of course, knowing the priorities is just the first step. The next thing to do is sticking to your priorities. You need to deliver on what you’ve promised to yourself. Plans are nothing until they’re realized and multi-tasking will require you to make intelligent decisions occasionally in time-pressured situations. In such instances, you need to develop the backbone necessary to stand by your decision, stick to the plan, and not let worries and self-doubts sway you to indecision.

Build your network.

Develop close and strong relationships with people in the business. No man is an island and this is certainly a golden rule to remember in Internet marketing. There are a lot of things you can do easier and better with the help of other people, but you won’t get their help if you don’t know how to network and socialize effectively. Of course, networking is a two-way street so be aware that you’ll also have to give favors now and then.

Research!

There may be new things that have been developed today which can help you improve the way you’re managing your time or handling a particular task. Constant and diligent research will put you at the forefront of things, and that’s exactly where you have to be if you wish to multi-task successfully in Internet marketing. Remember: in Internet marketing, being first counts a lot!

Don’t dwell too long on figures.

Multi-tasking requires your mind and body to be on the go all the time! It’s nice to enjoy looking at your extremely high conversion rates for a moment or two. It’s acceptable to ruminate a minute or two why your website hits seems to be dwindling. But what’s not nice or acceptable at all is to spend a huge chunk of your day biting your lip and driving yourself crazy regretting past decisions.

If you’ve done something wrong, figure out why and don’t repeat the mistake. If there’s a chance to rectify the situation, do it. If there’s none then get over it and move on to the next task!

Deal with your email.

It’s not going away any time soon unless you just want to delete them all and risk missing an important email. The best way to deal with unread messages in your inbox is not to procrastinate. Read them and provide a response if required. Don’t let them accumulate into huge numbers as they’ll only serve to depress you and dissuade you from doing what must be done.

Let technology help you.

Having two monitors will allow you to surf, blog, and perform other online tasks more effectively. Use an auto-response system and any software program that can simplify your work. Technology can be a huge help but only if you allow it to be so.

Ultimately, all the factors provided above can be summarized into two things: organization and passion. If you’ve got excellent organization skills and you’re truly devoted to your business then multi-tasking is certainly one step that will take you closer to achieving your goals!