Showing posts with label Ecommerce. Show all posts
Showing posts with label Ecommerce. Show all posts

Why eCommerce on Cloud is good during holiday season?

With holiday season around the corner, these are critical times for e-Commerce companies. It’s time to get their acts together with email campaigns, new landing pages, merchandising strategies, inventory planning and so on. Since huge traffic spikes are anticipated, the technical teams are expected to be on their toes 24x7. They have to support the rapid increase in visits and database calls; ensure that new projects are launched quickly and that systems are secure, all within the stipulated budgets.

Cloud Computing for eCommerce
Cloud computing is the perfect remedy for this sudden holiday fever that tends to grip the ecommerce space. The solution enables the eCommerce companies to achieve these objectives effortlessly. It is always a better option than running the applications in an organization’s own environment.
   
Benefits of Cloud Computing:
  • Pay-as-you-go solution 
  • A cost-efficient model than on-premise systems 
  • Free to expand or contract your costs according to your needs
  • Shifts the risk of expansion to the cloud computing provider 
  • You pay as you go and you don’t have to buy more hardware or software for the data center
  • Other advantages include: elasticity, scaling up with cloud computing based systems 
  • Aids in storage and database services 
  • Achieve better ROI by integrating with the existing back office
The function and delivery style of Cloud computing providers can be likened to electric companies. The company may have hundreds of electric generators, but the concern of the consumer is limited to the electricity that they consume. Likewise, Cloud users pay for what they use, no additional charges or costs are involved. Just connect and get what you want, if that means instant scalability to you, for anticipated or unanticipated traffic surges.

Profitability in the eCommerce business comes from not just driving sales but also by reducing costs and improving efficiency. And cloud computing helps you to just to that. The cloud computing is one saving grace for the IT department to support their organization and marketing endeavors during high season.

Social Search Engines and Ecommerce Store

Personalized Search Engine – a new era of Search Engine begins: 
Recently, Google has transformed its search engine to social search engine or personalized search engine or an integration of the Google+ into Search engine. Search result has now being influenced by the interest of people, their preferences, photos and posts shared in their Google+ page or profile when they have signed-in. Therefore, it is now being logical the previous statement made by Google when they have released the encrypt version and blocked all organic (signed-in) search queries from Google Analytics and said this is because of the privacy as it was the part of this new integration of Google+ to search.After a series of enhancements in Google search engine as seen below, it is now being confirmed that People can see list of publically shared results of whom they are following or those who are in their circles – if he/she is being search something after signing on Google+.
  • Google Instant
  • Place Search
  • Instant Previews
  • Social Search Update
  • Recipe View
  • Google Profile Enhanced
  • +1 Button
  • Search by Image
  • Flight Search
  • Personal Results
  • Profile in Search
  • Related people and page
You can find more information on last three search engine updates in this post, [Search, plus Your World] and all other updates here.

On the other hand, make sure, if you have heard about Google’s Custom Search Engine, then it is used in websites as a site search tool powered by Google.

Personalized Search Engine and E-commerce Store:
Guess you are an online retailer and selling branded and designer Sunglasses over your ecommerce store and struggling with getting potential customers – a solution is to have the Google+ page for your ecommerce business. The community is behind on the most search queries, therefore if you have signed-in your G+ page and have huge following and followers, you may discover the personal results, posts, photos, meaningful conversation from their profile to search engine on the topic you are interested in a way it wasn’t possible before.
You are selling Sunglasses, you can find what people are talking about Sunglasses, what they like, dislike, suggesting people and pages may enable you to follow or add them into your circle. You can also search profile of people or pages directly into the search box auto complete whether he/she might be interesting for you to add or not.

Of course, there are some other ways to promote ecommerce store into Google’s personalized search engine – share your views and ideas on this topic via comments.

Read Before Investing in Ecommerce Web Development – a SWOT Analysis

All about Ecommerce:

Ecommerce or electronic commerce is nothingness but doing business by selling and purchasing of various articles online throughout the computer and the Internet. Business households all over the world are spending on ecommerce website development for the extension for their businesses. This is an immense thought, and top most experts are engaging themselves on finding the best ecommerce shopping cart solutions. Nevertheless, in this blog our extent is only to talk about that e-commerce which can be completed by working from home and with a remarkably little investment.
SWOT Analysis of EcommerceEcommerce Strength:
  • It will be started by a very small investment
  • Your business will operate in 24 hours and 7 days in a week
  • Get the global presence and do your business just sitting at your home or office
  • Customer can get the benefit of low-priced products as it directly attained from a manufacturer
  • Compared to the traditional business system, the advertising of the product will be cost effective
  • You have secured and fast payment procedures and can do it from any part of the world
  • Low maintenance and staff cost
  • Customer gets directly informed by the discounts and other offering from the ecommerce site
Ecommerce Weaknesses:
  • Lack of direct interaction between retailer and consumer, the scope of convincing the consumers does not exist
  • Most of the people have a habit Split infinitive the product rather than buying from the internet
  • Sometimes shipping cost increases the product cost due to far away areas
  • It does not have enough no. of potential buyers who prefer the internet for shopping
  • No market presence
Ecommerce Opportunities:
  • Increasing internet users in a rapid way are the best for ecommerce development
  • Ecommerce has the bright future as the people feel more comfortable to buying products from online shopping stores
  • Many giant companies have already entered into the ecommerce; therefore, it will be great opportunities of gathering people and make them habitual and confident about buying a product through the internet
  • Competitor slow to adapt new technology
Ecommerce Threats:
  • Everyday something new in the technology of ecommerce introduced; if your competitor has implemented it, then it could be big threat to your ecommerce business
  • Increasing use of Smartphone like iPhone, Android and its applications may decrease the no. of desktop internet users and finally the most ecommerce users will be diverting to M-Commerce
  • Changing customer taste
  • Closing of geographical market
  • Changing in government policies
  • Tax increases
Hope, you get the answers of all your queries with regard to e-commerce and its strengths, weaknesses, opportunities and threats! You can discuss your thoughts on SWOT analysis of Ecommerce, if you supposed to have something that is missing out here!

What People are Buying from Online Ecommerce Stores!

Today, I find a great informational graphic showing the sales figure of various category of products and services that people are love to buy especially from an Online Ecommerce Store.

Those who are planning to open an online store, following statistics of total sales and % Ecommerce Sales of each category will help them to finalize the kind of products or services to run an ecommerce store,
Now, What do you mostly prefer to buy from an ecommerce store?

History of Electronic Commerce - Ecommerce

I am very much impressed from the historical data of the Ecommerce, which shows the growth in the retail sales incurred by ecommerce year by the year. Let me take you to the era when the business through ecommerce was beginning. At that time, only traditional way of selling any product was popular. The history of ecommerce was interesting, as most of the people do not know that the technology for the ecommerce was established around forty years ago. I am providing here a brief history about ecommerce with its concept, rapid growth and its advantages.
Earlier years, the ecommerce was popular for doing transactions electronically via technology of EDI – Electronic Data Interchange and EFT – Electronic Fund Transfer. In late 1970’s, exchanging information and doing transaction online was the only things that was possible between businesses. Therefore, EDI and EFT were the initial technologies, which executed a new way of business called ecommerce. During 1980’s, we found massive growth in the use of ATM machines, credit cards and telephone banking, which was the next step in the ecommerce development. Now, in early 90’s, the new technology was introduced in the form of ERP – Enterprise Resource Planning, which was last technology for the beginning of ecommerce that we see today. After 1994, The things like DSL – a high-speed internet connection and security protocol introduced, which has made drastic improvement in the ecommerce as the online transactions was become more faster than it was before with more security. This was enough for the retailers to see and predict a massive growth in all the business that was related to the e-commerce business.

Let's see an ecommerce online store works in below illustration...

There are numbers of ecommerce websites introduced in western countries like USA and Europe. Many of them were collapsed and finally it was time when two new pioneers in current ecommerce business, Amazon Store and eBay Store have launched their websites to online community. According to the data, we have books, computers, music, office supplies and other household and consumers electronics was the first most popular categories that people was preferred for online purchasing.

According the all-statistical data available throughout the years, we can see the continuous growth in sales and retailing through ecommerce since it was started and by the end of 2010.

As the popularity of e-commerce enterprises keeps on growing, the technology will only pursue to enhance, making it even simpler to open and manage a virtual online store with or without a the presence of popular online shopping malls and chains. While e-commerce is still comparatively new-found province, it certainly puts forward plenty of opportunities for entrepreneurs of all kinds.

Ecommerce - Most Cost effective and efficient Small Business Solutions

Before of couple of years ago, there was only way to do business and it was traditional way of doing business. Like, opening a shop at a particular place where people come to gather for shopping by choosing the products or services they like. Now, we can see the changing face or trend of doing business online by eCommerce once after finding the best custom shopping cart system.

Think of ecommerce (electronic commerce) and the first several aspects that strike any mind are – a universal commercial activity, increased deals, and increased gains! Not that you start demanding the better edge of profit online, but since various costs relating to marketing, promotional material, order handling, consumer care, stock management, data storage, telecommunications etc, significantly cut down. The online store fabricating with extensive ecommerce features will really helps to get more consumers.

Ecommerce offers enticing but cost-effective raise to any size or kind of business. By choosing for Ecommerce, you can grow your market edges to worldwide horizons or embrace them to highly concentrated market segments, as per intuitive business astuteness and choice. Even a small business offering excellence and trustworthiness with assurance can smoothly find itself scraping shoulder with its honored competitors in the least incubation period. It eases the wishful exposure of your business existence - as grand and intricate, as you desire it to be. Financial blueprint would not really hinder you hear from emphasizing your standpoint and spirits through your website and online shopping cart.

As you establish eCommerce solution to your shoppers, you supply their shopping experience considerably expressive and beneficial. Ecommerce looks even more imperative for your consumers in the wake of smoothly recoiling time with them to reserve for shopping offline. What's more, online shopping allows your shoppers derive interests of online economies, as they frequently pay lower price for same products/ services available offline.

Not to mention, excellent ecommerce services assemble and handle valuable customer-related input, comprising customer's ordering figures, to build a encompassing consumer database. This information vigorously intensifies your marketing and campaign strategies to be exceptionally on target.