E Businesses
The modern world today is a place where many things can be done on the internet, such as connecting with friends through social networking sites, as well as for entertainment purposes where one can easily go to YouTube to watch any video clips that they want :) Even businesses have got on the trend and set up sites to engage in e commerce. This proofs to be a strategic move as the internet is a huge platform and so the company can stand a chance to reach out to many customers, and therefore get more customers and more sales ! E commerce is now a popular thing but some companies does it better than others! Through a simple search on Google, I managed to find out some of the reasons as to why certain e business companies managed to succeed :)
1) It is important to ensure that the site is easily accessible and has eye catching design.
- A good presentation of the site always helps
This is to allow people to be able to scroll and explore your site without experiencing any confusion as to which button to click to find what they want, for example, the new arrivals and the items that are on discount.
For example, MyOwnBike's site is simple and easy to maneuveur, as there are only 5 basic buttons that are on the header that people can select from :)
2)Next, It is also essential that there is Flexible Pricing
-As the customers of online businesses are virtually everyone as anyone who surfs the net has a potential of getting on your site through surfing the net, having a flexible pricing is essential. This is so as to place your company in a competitive position and not have customers abandoning your site for another competitor's. Flexible pricing is especially important for e commerce due to the fact that there are different currencies used in different countries.One should therefore look out for the market pricing of the product and from there, price the products accordingly, taking into account those factors (different currency exchange, market price for the product, whether it is in demand etc..)
3) Present your prices well!
-As e commerce kind of takes away the middleman part, which is the sales person talking about the product to the customer, what is presented online is really important as that is basically all that potential customers see. Therefore pricing should be placed well. Example putting its as $2.00, instead of $1.99. Using round up numbers helps it to be easy on the eyes and hence more likely to get customers to want to buy the product.
This being said, i feel that in order to make e commerce a success, one must really spend time to think through many factors to try and place their company on a better light in the midst of so many other competitors who are all going onboard this e commerce platform to get more customers. Items to take special notice of ranges from the design and presentation of the website, the quick customer service (maybe an email address or the company hotline can be placed on the site), followed by the clean presentation of the prices of the products. These are just some of the factors, and though it seems a little intimidating, the amount of stuff to consider for an e commerce business to be successful, when one is able to get it all right, the rewards will definitely outweigh the cost :) So, why not give it a try? :)