Ecommerce and Online Business: Avoiding Overhead

Ecommerce and Online Business: Avoiding Overhead

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E-commerce (electronic commerce) is the practice of buying and selling of products and services over the Internet. With the continuing widespread use of the Web, ecommerce promises to become as important as or even more important than traditional forms of commerce. Electronic transactions may be classified as business to business (B2B), or as business to customer (B2C). Ever since ecommerce gained wide public support, ubiquitous market items like the shopping cart have ceased to become physical objects; transactions and processes are now digital business applications and programs.

Scope of e-commerce: online trade of goods and services, website with e-commerce

Online business encompasses the following business transactions: Internet trade of goods and services (e.g. audio and video streaming, e-books, software); retail services, also known as e-tail (e.g. food ordering, banking, flower delivery, video rentals, travel booking, etc); marketplace services (such as auctions, online advertising, trade groups, price comparison); online procurement or e-procurement; and purchase-to-pay (P2P) processes.

Putting up your business online: hosting, e-commerce websites, business to business ecommerce

E-business is a fast growing industry, and along with it comes the need for businesses to get the right ecommerce hosting solution. Many brick-and-mortar businesses are now going to the Internet to start making profits, attracted by the considerably low overhead of online business and its accessibility to customers.

Hiring the right e-commerce hosting company may be a tough find because of the sheer number of firms offering this service. Many may even offer similar services, but not all of them offer the same quality of service. For example, if you get the wrong hosting company, your entire online business may be put to risk by unsecure servers. This poses a great risk to your company; your website could be prone to hacking and other malicious activities. Thus it would be …

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Legitimate “Income From Home” Online Business – Or Should I Run the Other Way?

Legitimate "Income From Home" Online Business - Or Should I Run the Other Way?

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The Internet is proving to be a great place to do business. Likewise, it can be a place of less than honest practices. The encouraging fact is that there are many viable and effective business systems out there. However, with people getting online in droves and tens of thousands of new web sites popping up, chances are there will always be a contingent of questionable marketing tactics out there.

Many would-be entrepreneurs are entering the great cyberspace forest in hopes of gaining financial flexibility and freedom. Dreams of a “six figure income,” and escape from debt are powerful incentives for most people. These dreams become even more pronounced during times of economic uncertainty. Therefore, the question becomes: What type of an online business should you be looking for, and what should you avoid? Here are some suggestions:

1. Contact the Business

You should contact the business or review their online content to find out how long they have been around. Has this business stood the test of time, or is a fledgling enterprise that might not be around next month? Obviously, “six figure income” earners or better had to start somewhere. However, the newer the enterprise, the bigger the question mark. A good rule of thumb is, if the business is less than a year old, exercise caution.

2. Check out the Contact Information

Are you given a phone number? Do you get a response or a callback? If there is no working phone number, or if all you ever get is a recorded voice, the opportunity might be questionable. Does the person you are conversing with have difficulty speaking English? In light of the recent Russian and Nigerian online concerns, tread warily.

3. Review the Web Site

Do you think that the “income from home” site or …

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