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Ecommerce and Order Fulfillment

Electronic Commerce or ecommerce as it is commonly know is the electronic exchange of information between two or more businesses computers. Ecommerce is also about the buying and selling of goods and services over the internet and the processes and information it generates. Basically ecommerce is the protocol that allows two or more computers to exchange information over the internet securely. It is also the electronic transfer of funds over the internet. For example, buying a book online is an instance of ecommerce in action. The data generated that is the credit card information, the account details of both the parties involved and the goods or services to be transferred are all handled by ecommerce.

The amount of business done over the internet has increased exponentially since its spread. Business-to-business transactions or B2B transactions as they are known are conducted through the net that is online. Ecommerce and order fulfillment generally comes into play between suppliers and distributors. The suppliers are the companies that develop, manufacture and produce goods and services. The suppliers do the market research and then develop the products. The distributors take these products and services and market them using the resources at their disposal. Hence the distributors and suppliers need to communicate effectively and accurately. This where the ecommerce elements come into play.

Order fulfillment software and programs are designed to enable a smoother faster flow of trade between the two. As always there is need for coordination between the supply and demand. The ecommerce business applications also serve the customer who is the heart and bloodline of commerce as they are the raison d’etre of the products, and of the sales and the revenues. The suppliers and distributors enter into B2B activities to better serve and provide for the needs and demands of the consumer.

Hence ecommerce business applications also benefit the customer who is at the heart of ecommerce. The best examples of ecommerce business applications are the websites that sell products and services. The online presences and business models are made more effective and meaningful to the consumer by the inclusion of these applications. The consumer also finds the site more appealing and interesting and may be convinced to take action.

An order fulfillment software is useful and beneficial to all users; suppliers, distributors and consumers. Good ecommerce business applications are easily available and accessible in the market and the internet. Choose a good, easy to use but yet powerful application that will serve all your needs. Use a graphic interface that is easy to understand and use. Do not under estimate the power of these applications especially in today’s marketplace.

Internet Marketing Companies VS Retail Stores – Ecommerce and Internet Marketing Success

So you have decided that after yet another slow month, sitting inside your brick and mortar kingdom, you just cannot keep working for your landlord, and need to start a real business that does not keep you sitting inside a retail shop. You need a business that has an eventual promise of financial freedom; one that entails minimal overhead and maximum return on your investment; one that attracts investors and uses the latest technology.

The advantages that online marketing companies, and online businesses have as opposed to retail businesses are as follows.

No Overhead
Drop-shipping has allowed ecommerce website owners to sell products without having to store them. What does drop-shipping entail? Well, put it this way. While a retail store has the constant overhead of rent, and requires ample space to showcase products, online web stores simply have the distributor or manufacturer ship it directly, simply sending over an order sheet. Wow, so you are telling me we do not need that much startup capital to start an ecommerce website or online business? – Yes that is right. However, you will still require a significant marketing budget, just like any online store. Another advantage of drop-shipping is that you can maintain lower prices than retail stores, thanks to the savings on rent, and/or increase your profit margin! So, if you are using an open-source (free) ecommerce platform, such as Magento Montreal or equivalent, your overhead will be limited to an annual domain name registration fee of approximately $10, and perhaps a monthly hosting fee, although, there are many free-hosting options for smaller (lighter) websites.

Unlimited Flexibility
The internet is a fun place to be because things always change. This means, more options are increasingly available. For instance, the introduction of social media into the picture, web 2.0 properties, or Google’s new caffeine, which takes into account the amount of frequent content updates on people’s websites. But, what this really translates to from a small business owner’s perspective is, options. Now, in addition, you can run an online company from pretty much anywhere in the world. In fact, for the past 2 months, I have been in Panama, Las Angeles, and Las Vegas. And… I have still be writing these articles, corresponding with my business partners, web designers, and clients – running a profitable business. Sound good? It is good! Especially when here in Montreal, temperatures can go to -40 degrees! Montreal web design work has never been better!

Limited Liability
Retail means contact… with people. As terrible as it is to say, sometimes, this contact can be very unpleasant. People can be extremely unpleasant. However, online marketing companies or other internet companies, have the luxury of responding to emails and phone calls when convenient, which allows owners to spend less time with difficult clients. Furthermore, it is far less likely and far more difficult for online customers to avail themselves of support, should the ecommerce or online company choose remain difficult to reach. There is a certain level of privacy, and confidentiality that comes with the internet, with the web, despite the numerous reports of privacy invasions.

That said, service industries, online or offline, both have more contact with people – customers.
So keep that in mind when developing your business model!

How B2C Ecommerce Has Helped Build The United States Ecommerce

Online shopping will soon become the main avenue of shopping in the US. The early users back then were only the highly educated white males, otherwise known as the “techies.” Nowadays, times have changed and so have the consumers for online shopping. Just about every household now has a computer or two. And anybody who owns a computer has made at least one purchase online.

As more and more people shop online, there had to be a way to track the trends of these online services, so that the retailers could get some feedback and then provide the consumer with constant improvements. This is where b2c ecommerce comes into play. They help track the latest trends of the online shopper and then provide this information to the retailers.

With this b2c ecommerce information, the retailers can make improvements to their business. And with these improvements and new technologies, the shopper now has even more tools to help them evaluate what they’re shopping for, prior to making a purchase. One of the biggest improvements that has been made online has been the ability for the consumer to comparison shop side by side for a particular item. With the click of a button, the consumer can now get numerous quotes from different retailers selling the same item.

These are some of the improvements that the retailers have made over the years; customers can now return their merchandise if they are not completely satisfied and they can either pick up their purchase or have it delivered right to their front door. As well, thanks to newer and more secure technology, customers now feel much more secure in using their credit cards online. Whereas a few years ago, people were a little apprehensive about giving their credit card number over the Internet.

Common Questions Answered by B2C Ecommerce

* How fast will my sales grow?

* Which part of the US shows in the largest growth of ecommerce

* What do consumers think is the biggest advantage to online shopping vs. conventional shopping?

* What is the greatest risk to online shopping?

B2C ecommerce will answer questions like this and many others to help the consumer be more confident when shopping online.

Market Size and Growth

The US Department of Commerce (DOC) estimated that the US ecommerce retail sales for 2003 was over $56 billion; compared to a little over $44 billion in 2002. Of course the heaviest amount of sales for 2003 came in the fourth quarter during the holiday season. B2C ecommerce has reported that there is a lot of room for sales growth, considering it has only accounted for 1.5% of total retail sales in 2003.

What Does The Future Hold?

B2C Ecommerce has predicted that by 2007, the total retail sales will rise to about 3% of the total retail sales in the US. If the online leisure travel sales increase, then the total will rise to around 4% of all retail sales. This is a huge portion of the overall US retail sales. At this stage, one would have to truly believe that the sky is the limit to online sales.