Success Tips in E-Commerce (2)

26 04 2008

Here are the other 5 tips for success in e commerce:

 

Do not let your Customers forget you:
Customer Relationship Management is of prime

importance, especially when you are small and

struggling to build a persistent customer base.

Develop innovative ways to inform past customers

about new products and the latest updates to the

web store. Your chosen ECommerce solution should

have provisions for incorporating various CRM

campaigns. Adopt Innovative communication for

communicating with your customers.

Pamper your customers to generate permanent

sales in order ensure the success of your online

business.
Increase your Web Presence:
Make your presence felt by carrying out

intelligent marketing over the Internet. Perform

search engine optimization (SEO) for your site,

since the majority of buyers visit websites

after spotting them come in the first three or

four pages of search engine results. You can

either hire professional services or carry out

Internet marketing by yourself.

Associate yourself with web sites providing

complimentary products or services on the

Internet. This helps you in increasing your web

presence both for search engines and for your

customers.

Intelligent marketing alone will get you

customers.
Build Robust Backend Operations:
Backend operations are the backbone of your

online storefront. Spend time in analyzing the

backend operations provided by the ECommerce

software. Features such as Inventory management

processing, credit card processing, reporting

systems etc. will shape your first impression.

All your backend operations are expected to be

accurate, scalable and provide real time data.

Your choice of ECommerce solution would largely

determine the strength of your backend

operations.

A potential threat to your ECommerce operations

is systems failure owning to faulty backend

operations. Ensure the existence of a strong

backend platform before opening for business.
Learn Faster and Better:
To err is human, but failing to cover yourself

and allowing your competitors to exploit your

loopholes, is suicidal and is a major threat to

E-Success.

Always have an unbiased assessment of your

online business and be prepared to spot your

mistakes. Learn the art of covering your

mistakes and rectify them before your

competitors come to know about them.

Business is all about speed. Speed is essential

in identifying and rectifying mistakes. You need

to learn about your loopholes and mistakes

faster than your competitors and rectify them

effectively.
Surprise your Customers:
Surprise your customers with frequent changes in

your business offerings. Add incentives by

providing surprise offers, price discounts etc.

Your estore can also help to add life to your

business enterprise. Perform regular

enhancements to look and feel, the display of

products etc of your online storefront. Make

changes that do not detract from the brand image

in the minds of your customers. Make sure, as

well, that the changes are not unattractive or

are too frequent.

Constantly innovating while remaining focused on

your business goals will lead to success in your

online business.

 

source :  http://www.goecart.com/online-business-success.asp





Success tips in E-Commerce (1)

23 04 2008

Here are some tips in succeful e commerce this time I will put 5 of them and the other (5) later

Target the Un-Targeted:
Know your customers thoroughly and target those needs that are unseen by your competitors.

eBay is a bright example. eBay was quick to recognize peoples’ desire to earn economic profits by trading second-hand products. eBay realized the need for a platform where such buyers and sellers could meet and trade. ECommerce technologies helped eBay to create the required platform required and the rest is history.

When you are new to online business- Start Small but Start Right.
Strong Business Planning:
Have complete knowledge of your revenue source, break-even duration and other important strategic details from the beginning, and decide on the milestones that are to be achieved. You should know the right moment to expand your business and plan for future sources of revenue.

The Internet business has a cruel history of bringing about disastrous changes at phenomenal speed. Be prepared to face such upheavals and have plans in place to manage such turbulent times.
Business Friendly ECommerce Software:
Always choose software that is easy to manage and allows you to focus on your core business activities.

Choose an ECommerce solution that fits your business requirements. Analyze ECommerce software in terms of its scalability, security and the amount of customization allowed.

Invest in a solution that not only meets your present requirements, but also is capable of accommodating your future business needs.
Create a Web Store with a Difference:
Visual memory is more enduring than textual memory. Correct branding is important for the success of your online business. Increase your brand recall by creating an estore that is in tune with the likes and dislikes of your targeted customers.

Learn more about your customers and create unique branding by using distinct color combinations, site layout and innovative logo. Attractive display of your domain name can also play an important role in branding your online store.

Be different (but not vague) in order to create a positive appeal in the minds of your customers for achieving esuccess.
Make your “Hot Sellers” most Visible:
Attract a customer and advertise your USP first.

Create your estore in such a manner that when a visitor leaves your online store, s/he is aware of your specialty even if they do not intend on purchasing those products.

To clarify: Let us assume you are an online flower vendor specializing in selling fresh red roses. Create your online storefront in a way that when a visitor leaves your storefront, s/he is aware about your specialty even though he may not have seen the Red Roses section. So the next time the visitor intends to buy red roses, they will be very likely to recall your storefront.





Charity Work

23 04 2008

Charity work

Many of us do not know a lot about the benefits of charity work, or we may say “let’s help ourselves first, then we will think about other people”, and I Say that you benefit and help your self first when you do charity work!!

How is that?

I will not go to the details of this, but I will tell some of the advantages that YOU get from chairty work

1) Satisfaction
Feeling happy that you made something great , and this benefits you more than anybody else.
2) Self confidence
Charity work -by experiment- improves self confidence.
3) Developing the managerial skills
Teamwork skill, leadership skill, planning skill, time management skill
4) Developing communication
Speaking skill, listening skill , persuading skill , being patient
5) Self respect
High thinking and avoiding selfishness.
This is just some of the advantages of charity work , so lets do charity work if not for others for ourselves and to make our life happier.





E-Commerce in Saudi Arabia

9 04 2008

E-Commerce in Saudi Arabia: adoption and perspectives

 

I found the this resreach about E-Commerce in Saudi Arabia  and I think It’s very very useful

 

in this URL

http://dl.acs.org.au/index.php/ajis/article/view/105

 

I hope you benifit from it , regards.





First Trial To Develop a System

9 04 2008

There is a difference between real life and books!!

 yesterday , I was working with my partener in our project , which is analysing and designing an information system for a company or a store or an orginization. We went to four non-profit orginizations , actually we were met nicely especially when we introduced our selvies as students from KFUPM looking to help them to develop a system.

I noticed that they all wish to have an information system to ease their work, but the awareness of how usful the system is was not that much. The second barrier I noticed that they say it requires a lot of money which they cannot afford , plus that they feel comfortable the way the did their work. Another isuue is that real life is not based on assumptions or therios , I mean you dont expect to find everything and everbody wait just to give you what you look for , we waited for the person who is responsible about the system of the fourth orginization we went to for about half an hour, but he didnt come , we called him to his mobile but it was turned off!, so we got the number and left this orginization saying “tommorow is a new day!”

 

 





My experience with E-Banking

2 04 2008

The person is an enemy of what he is ignorant about!

Before taking this course (MIS 300) I was one of those who dont trust e-business , However after the 2nd week in

this course , I began to change my mind about e-business , I went to the web site of the bank for which I am a

customer and I created an account , even though creating account procedures were a bit strict & accurate , I

appreciated that for security reasons , and after I completed these procedures I didn’t believe that I could see

my account balance , details  , pay bills… etc , in my computer in my room without going to the ATM , now I

enjoy making transactions from my own laptop , anytime anywhere  , without exaggerating nothing convinced me as this course

and of course its instructor :)





Freedom of speech

2 04 2008

My left hand is not the right one!!

Recently , I was reading in some forums in the web , and I noticed something repeated

I noticed that some people misunderstand the concept of freedom of speech and its limitations

OK, you have the right to say what YOU think as long as it in the boundaries of logic

However, phrases as “I respect your opinion ” “this is your opinion” “this is what you think” have been used wrongly

with the blanket of “freedom of speech”, However , if I raise my left hand and I say this is my right hand ,

do you respect this opinion ? , is this what I think?

there are things that are absolute , such as the sun rises from the east and sets to the west.

this is indisputable , 1 + 1 = 2 , logically NOT “what I think!!” , and IF I prove that something is right , then you have to accept it as long as 1 + 1 = 2!

I am afraid that one day I would have to prove that my right hand is the right not the left one !!!

written by my pen

prince of feelings