E-commerce - Reasons to sell online</h1> <article> <h1>E-commerce - Reasons to sell online</h1> <p>MySolutionSpot Editor — Sat, 12 Jul 2008 03:39:36 GMT</p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">You've probably been inspired by a success story about <a href="http://www.networksolutions.com/e-commerce/index.jsp" target="_blank">selling online</a>. You may love the internet, or you may have a brick-and-mortar that you're considering taking online. People are using the internet more and more to find what they want to purchase. </span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">Here's a list of some of the main benefits that you'll find when you turn to the world of e-commerce: </span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">1.<span style="mso-tab-count:1;"> </span>Money- It's here folks! </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">E-commerce sales total in the billions of dollars every year. Not millions. Billions! In May 2008, the US Department of Commerce released figures reporting that e-commerce sales in the first quarter of the year had been up 13.6% from the previous year. E-commerce sales, which totaled at an estimated $33.8 billion for the quarter, account for 3.3 percent of total retail sales in the country, according to the report. </span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">2.<span style="mso-tab-count:1;"> </span>The early bird earns market share. </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">Those who are first to enter a market will most likely control it. You probably aren't the first in your field to launch an e-commerce business, or even the hundredth- the sooner the better.</span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">3.<span style="mso-tab-count:1;"> </span>E-commerce is affordable. </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">Small businesses often fear they don't have the resources to compete with the big boys. Thanks to application service providers (ASP's), small businesses can sell product on the web for under $50 per month. </span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">4.<span style="mso-tab-count:1;"> </span>Lower operating costs. </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">Dealing with clients over the Internet reduces operating costs. A recent survey yielded estimates that $7 is saved every time a customer checks their order status via the web compared to calling. </span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">5.<span style="mso-tab-count:1;"> </span>E-commerce is conducted worldwide. </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">Sure, orders can be taken over the phone and by fax, but e-commerce enables a customer from Bangladesh to conduct business with a company in Nebraska.</span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">6.<span style="mso-tab-count:1;"> </span>Affluent consumers shop online. </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">Many research studies indicate that the higher the household income level, the higher the passion for online shopping.</span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">7.<span style="mso-tab-count:1;"> </span>Items can be added to your shopping cart 24-7. </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">E-commerce enables your businesses to operate 24 hours a day seven days a week (as long as you have a reliable e-commerce host, that is!)</span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> <p class="MsoNormal" style="><b style="mso-bidi-font-weight:normal;"><span style="font-size:10pt;font-family:Arial;">8.<span style="mso-tab-count:1;"> </span>E-commerce is growing and growing and growing... </span></b></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;">Thousands of homes add the Internet each day, and it is estimated that by 2010, over 80% of all small businesses in the U.S. will be integrating the internet into their business tasks and procedures on a daily basis. </span></p> <p class="MsoNormal" style="><span style="font-size:10pt;font-family:Arial;"></span></p> </article> </main></body></html>