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 Where and how to buy on e-commerce sites

Well it has been a long time, isn’t it? And to begin with here is a bit of reminder to all my followers-viewers-friends and more. From now on all my blog posts will be linking from a new page which won’t have full Face Book postings to save costs so stay tuned in.

Well to begin with, last time I finished a post on trusted e-commerce sites which I mentioned if you had followed was the amazon and eBay. But there are also so many performing e-commerce sites out there. Before I continue on, let’s define what e-commerce is.

What is e-commerce?

E-commerce is the activity of buying or selling of products on online services or over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle although it may also use other technologies such as e-mail. Typical e-commerce transactions include the purchase of online books (such as Amazon) and music purchases (music download in the form of digital distribution such as iTunes Store), and to a less extent, customized/personalized online liquor store inventory services.[1] There are three areas of e-commerce: online retailing, electric markets, and online auctions. E-commerce is supported by electronic business.[2]

E-commerce businesses may also employ some or all of the followings:

Now that we know what e-commerce, let me give you a list of top 10 performing e-commerce sites around the world with their rankings according to the current world’s e-commerce placings. 

1. Amazon 2. eBay 3. Walmart  4. Alibaba.com 5. Flipkart  6. Target 7. Best buy

8. JD.com  9. Etsy 10. ASOS – Overstock – Mr. Porter-Zappos-Rakuten- Newegg and more sites in Europe not listed here. Researching in your on time typing in the keywords written here is a great thing to do before getting started. Lets further proceed on.

Best practices for beginners if you are starting up.

Amazon and eBay always holds a first and second ranking respectively over the years as their services are more international and are recognized all around the world than those other e-commerce sites. Therefore, majority of the world’s population do their buying and selling on Amazon and eBay. Unless you want to go online right away and directly check products in China visiting ” Alibaba or JD.com “or visiting Japanese site “Rakuten” or Indian site “Flipkart” etc. That is really cool if you know or have researched the market or at least you know whom you are dealing with.

First thing first-buy product that are going cheaper if you are a beginner to learn the process and to be smart at- to avoid getting into trouble.

With the maturation of the computer age, we’ve seen a massive shift in consumer spending habits and the retail industry. Every year, more and more dollars are spent online compared to in brick-and-mortar businesses. The result is that, whether you’re used to selling products in person or online, a functional eCommerce solution is a necessity, not at option.

But despite the ubiquitous promises of ease and simplicity made by eCommerce platforms and site-builders, actually getting your store up and running is no small task. According to a recent article from web development agency NewFangled, the average build time for a functional eCommerce website can run anywhere from 4 months to a full year. And that’s coming from the pros!

So what’s a poor boy to do? If you’re new to eCommerce, or trying to bring your physical business online, you may not have the money to hire a professional design agency; or the time to wait a year. Luckily, there are a growing number of drag-and-drop solutions that let you create a handsome, functional, and productive online store all by yourself. But now that you have the power to create your own store, what factors do you need to consider before you take the plunge?

 

eBay front page

Fig 1.1.This is how eBay’s landing page look like when you go online.

Ecommerce downfalls to be aware of

Ecommerce has grown in popularity and there is no doubt that it provides some great opportunities and advantages for businesses. Yet with every positive comes a negative, so what are the pitfalls and downfalls to be aware of when it comes to ecommerce?

There are a number of ecommerce systems available today. Like I said, there are two ecommerce platforms that are on completely different spectrums competing with each other, each with their own downfalls to use. Magento Commerce is owned by Ebay and offers an enterprise package. The platform is seriously robust and has every capability imaginable but is not for the light hearted. This enterprise package does not suit small to medium size businesses, instead it is designed for high demand and quantities. Magento enterprise also does the set up and configuration for you, at a high cost might I add.

Therefore if you are just starting, its always better to research those platforms (e-commerce sites) for you to continue in your online businesses to have collective ideas.

There are also YouTube programs and videos on how to purchase items on these sites (Amazon and eBay) including Delivery instructions-First time payment and order-How to search for product you like-How to deal with online wholesalers and retailers-Check for item if it is to be shipped to your address or country-Product warranty-refund or return-Trusted wholesalers and manufacturers and the list goes on. (stay tune in more coming up next).

Finally, things to consider when deciding on your Ecommerce

The success of an Ecommerce store lies in attracting, and then retaining, a customer’s interest. The people who manage e-commerce stores understand that they must make the user experience so easy, that it takes no more than a couple clicks for a customer to go from product to product, which in turn makes it easier for them to purchase more in a shorter period of time. Here are some things you must consider when you choose a product structure for your ecommerce store.

1. Easy To Browse and Search
2. Easy to Buy
3. Cash in on SEO
4. Use The Correct Categories

 

If you are interested and would want to learn more, I have a guide below; its a book  that will walk you through step by step on how to sell on amazon for beginners or you can research for anything similar to do your online marketing. 

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Now that I am finishing, I am leaving you a message form below to write to me if you need further information. 

 

 

 

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