Archive for the ‘ECommerce’ Category

What You Must Know About Choosing Your E-commerce Hosting

Tuesday, February 17th, 2009

Before you decide to venture off on your e-commerce hosting adventure, there are a few things you need to know about choosing a web hosting company. Even before that, you must investigate whether or not e-commerce is the best choice for your business. Once you have made that determination, then you set about finding the best company to fit your particular needs. There are a lot of different hosting firms because there are a lot of different approaches to hosting. It’s that simple.

Your web host is essentially a service provider that rents you space on their system(s). Some will also offer website building services and other things, but whoever takes care of building your e-commerce site, your hosting company is the one that will implement it on a server that connects to the Internet. 

Thus, one of the first things to find out when you are considering prospective hosts for your firm is that the company provides near total uptime (well over 99%). If your website is inaccessible to visitors because the server is down and being repaired, then you are losing money.

Features and costs

If you really have the intention to open an e-commerce site you should bear in mind the type of features that are common to most hosting services, and compare them. There are many companies that offer “one size fits all” e-commerce and shopping cart services, often for low or no cost, in its hosting plans. For smaller companies these basic options may be enough. On the other hand, there are many hosting firms that offer more comprehensive, customizable services for both hosting and e-commerce. These services can be quite good, but the price can be quite high.

If you have adequate technical expertise, or someone in your company does, then you may be able to manage with a “Chinese menu” arrangement for choosing hosting and e-commerce services. This way you can save money by building the site yourself, as well as performing maintenance and troubleshooting. You must keep in mind that whatever technical abilities you lack, you will have to pay for, to someone. If you are already hosting your site with an e-commerce-oriented company, it will most likely be them. Minimizing these costs is important.

Follow the money

Finally, you absolutely must know how you are going to transact business (process purchases) before setting up your e-commerce site. If you do not already have a merchant account for processing credit cards, you should look into getting one. If you are too small or too new to get an account on the best terms, you will have to settle for paying higher rates and fees while you grow your company. You can always renegotiate your merchant account when your fortunes improve.

Fortunately, there are also alternatives for when your fortunes diminish, or you just want to start out slow and “test the waters.” You can use PayPal, a financial “third party,” for customer purchases, though it will cost you somewhat more. There are other third-party processors, as well, with a variety of entry-level accounts that will at least allow you to take major credit and debit cards, even checks. 

However, third-party processors will always cost you more. The advantage to you, of course, is being able to take credit cards at all, since without that capacity you really have very little hope of success in today’s “plastic-oriented” sales environments. People want to use credit and debit cards, not cash or checks, period.

As always in business the parameters you need to look for, when choosing the best e-commerce hosting company, are good management, reliable equipment and speedy, professional customer service. If it is one thing more than any other that you should focus on, all other parameters being equal, then go with the firm that has the most expert (and available!) customer service staff. You will be dealing with them more than you now think, that’s for sure.

Recurring Billing: Your Answer to Cash Flow Woes

Sunday, February 15th, 2009

Collecting payments on-time is a vital part of any business, especially for small businesses that are cash flow dependent. Keeping a close eye on cash-flow both coming in and going out of a business can be one of the most crucial and demanding tasks for any business – this is especially where resources are limited. Fortunately, technology has given small businesses an easy solution for increasing their customers’ on-time payments: Recurring Billing.

Recurring billing is the process in which transactions are periodically processed from a credit card or checking account by a merchant for goods and services, given the consumer grants permission. You may be familiar with this service from your cable company, cell phone service provider, or from your bank.

There are simple solutions that allow businesses to implement and enable the automatic transfer of funds on a recurring basis (most often monthly). These solutions help to easily set up payment processing schedules in which a secondary method of payment can be selected; if the first payment doesn’t transact properly, the secondary method can be used. This assures your business will receive payments in a timely fashion, and you customers don’t get assessed a late fee or ping to their credit report.

Recurring billing is especially a great solution for businesses that require memberships or contracts. By automating their collection process, a business not only improves cash-flow, but reduces invoicing costs, eliminates late payments and collections calls, and prevents manual data entry—so efforts can be focused on the core business. Plus, by automating the transaction side of interactions with clients, customer loyalty and service will improve because the focus can be on the service provided, not on billing and payments.

The process of setting up recurring billing for your customers’ convenience is simple and hassle-free.

First, during the sign-up process, your customers provide all account or credit card information and electronically or in writing that they are enrolling in the recurring billing program. A quality recurring billing solution will provide you with either the online portal or template forms for this agreement between you and your customer to take place.

Second, you simply enter the customer information and schedule details into the secure, web-based software interface, and click save. Many recurring billing services will also send automatic email receipts or pre-notifications for each payment.

Finally, the system processes the transaction by submitting the payment information to the processor, whether ACH or credit card. The processor carries out the transaction, sending back an approved status to the software program, notifying the debited bank or card to subtract the funds, and notifying your business bank to post the funds to bank account.. In the end, your business will have its money on-time, and the customer will see the transaction reported on their monthly account statement.

As shown by the simple process of setting up and using recurring billing for your business, recurring billing will save you time; improve cash-flow, customer loyalty, and customer service; and avoid late fees, collection calls, and manual entry of data – all while making your business more liquid.

This article is brought to you by PaySimple, a leading provider of Recurring Billing services.

Some Great E-book Solutions

Sunday, February 15th, 2009

Procedural documentation of a marketing article can be referred back to an eBook sold on your website. While most entrepreneurs may be seeking positions working at jobs online, others are actually seeking independent careers they can start working from home. An eBook representing a new method of business development, touting an ingenious financially beneficial business one can start on a shoestring, and proclaiming vast amounts of dollar success will sell well on any site, promotes well as a marketing article, and reprints well on other people’s websites as a loss leader to bring traffic back to your site with a reference and signature ad. for more detials:-www.eazy-ebook-money.com.What does it cost to bring traffic to your website? Can you make a dedicated profit by giving away an eBook that cost you only the time to create it?

Some interesting suggestions for marketing your eBook include:

1. Promote portions of your eBook as marketing articles with your signature and a reference back to your whole eBook. (Remember not to give away the secret of your book in the articles.)

2. Encourage publication of portions and excerpts from your eBook along with your special signature referring buyers back to your eBook and website.

3. Make extra profit selling updated versions of your eBook after you publish the FREE eBook online for readers to read. Be sure to include examples of excerpts from the updated version to encourage them to purchase your book.

4. Promote your eBook as a buy in for other web developers to promote their websites. Encourage them to give it away, as you give it away. Encourage readers to also purchase the updated version of your eBook.

5. Locate other people’s eBooks and promote them on your website. Buy rights to eBooks for sale on your website. for visit detials:-www.profiting-with-free-reports.com.Create packets using a collection of similar titles to sell eBooks on your website as part of your content and product.

6. Create saleable reports from the data used to create eBook. Sell reports through advertising spots on your website promoting FREE reports. Use portions of your eBook to promote your monthly newsletter. Use portions of your eBook IN the monthly newsletter.

7. Show prospective clients sample pages of your eBook. Sample pages create interest, offer basic information about what is found in the eBook, and promote sale of reports.

8. Develop a “come back theory” to encourage return traffic to your site. Build a market people will come back to purchase or review later.

9. Make your eBook available off line.

Use your eBook to create multiple high earning income streams, promote your website, develop your clientele, and balance your on line business. By writing several eBooks serving your topic, and introducing your clients to your way of doing business, promoting your values and work style, you increase your own popularity and visibility online. This process defines your brand and brings you back to the homes of your clients. Once they begin to recognize and understand your business brand, you become more visible and highly competitive with any other source they have for any given product.