The Future Of Online Business Through Ecommerce Web Development

Importance of Ecommerce

Businesses are moving ahead fast in this technologically driven world. To keep pace with the changes happening in the business environment, businesses turn to Ecommerce web development to make their presence visible in the market. These web development companies also absorb the principles that will drive the future ecommerce and evaluate where the company’s business is headed in the future. It is therefore essential to develop a dynamic and interactive web site with feature rich design and user friendly applications. The companies can have more interactive features so that the consumers keep visiting them and interact with them on a regular basis. The contents need to be updated frequently to stay up to date with all the related information so that customers can make their buying decisions accordingly. The success of the businesses depends on the ease of use and security of the ecommerce web site with attractive product display and multiple options.

Design and developmet of web portals

When a company goes for a web portal, many things have to be considered before finalizing the web site design. The key questions would be who the target audience is, what the purpose of the web site is, what are the products or services to be displayed and where the other information would be placed. The answers to these questions will guide in determining the programs and applications that need to be associated with building the web site. Thus an attractive, professional and easy to navigate ecommerce portal can stand out on the web to promote the client’s business to reach his marketing goals.

Services offered through ecommerce web development

The ecommerce web development companies serve the business community by offering multifarious services that are converged to create the ultimate business portal that is user friendly for both the client and the consumers. The enterprise level ecommerce solutions let the clients to manage their products or services while streamlining the business processes by anyone without the need for technical skills and knowledge of web design. The services that are offered are web design, Corporate Identity, Ecommerce consulting, Website development, custom shopping cart, content management, system integration, logo development, application development and more. Most of the companies offer free consultation regarding custom ecommerce web development for companies going for ecommerce web sites.

The State of E-Commerce in the Developing Nations

The use of the Internet is growing at a high speed worldwide. According to the Internet world stats website the worldwide penetration rates of the Internet is 25.6% in 2009. Under developed nations of Africa, Asia and Latin America are also showing high growth rates in Internet usage. Between the year 2000-2009, Africa shows 1,392.4 %, while Asia and Latin America show 545.9% and 890.8% growth rates respectively.

This fast growth rate in Internet usage in the developing countries affects their international trade situation highly. Nations such as India and China are now becoming among the major participants in this global business environment. They increased their competitiveness highly. Other developing nations from Africa and Latin America are also showing advancements too.

As a result of this high growth in Internet usage and penetration in E-commerce, the above nations are showing high progresses and advancements in their economies. Their products and services are now reaching long distances around the world. Other developing countries also have to take lessons from these model nations. If they can give enough attention to the industry and can do the desired tasks, they can see the economic transitions that the above model nations are able to see.

Thus, in order to see those results first of all each and every developing country needs to know and believe that E-commerce is now becoming an obligation to compete in the global business environment. Globalization is making our world a small village and highly simplifying business activities. Today entering to the global business network is a very simple task as people from one corner of the world is now reaching people in the opposite corner of the world just from their bedrooms. In addition, individuals, companies and nations as a whole are getting tremendous financial benefits and raising their competitiveness in the global market.

If developing nations want to grow their economies, entering and competing to the international business is mandatory. And doing business electronically (E-commerce) is now the technology level that business environment today reaches. Therefore, these nations need to put the advancement of Information and Communication Technologies and E-commerce among their priorities. This asks the collaboration of all concerned bodies, professionals, government bodies, law and policy makers, banks and the society as a whole.

Turn $10k Into $1m in 3 Years – Vital Tips For ECommerce Success

The E-commerce world is one of the most profitable industries to be involved in, however the great rewards on offer have lead to immense competition. A quick search of online shops on Google reveals hundreds of stores selling the same thing. Some insider knowledge along with careful planning and dedication is all you’ll really need to become successful.

The best part of Ecommerce is the small capital needed to get going compared with the unlimited potential turnover. An initial investment of $10,000 can result in an annual turnover of $1,000,000 + in just 3 years. This may seem a difficult task, however this guide offers some handy tips that will help you reach this goal!

Website Design

You need a great looking website in order to be profitable. The competitive nature of E-commerce means that your website must stand out. All the successful online stores have functional and professional looking websites. They have spent years and mountains of money perfecting their sites so spend time going through the top online stores and incorporate their best features into your site.

Building a professional website for under $10,000

A premium Graphic design and Web development company will charge around $40,000 for a fully functional and professional site. You can get the same quality for under $10,000 if you follow these steps.

1. Find a local university which has IT courses and put an ad on their notice boards looking for people finishing their degrees. Post grad students have all the required technical skill and they charge a third of the going rate with major companies.

2. Use an existing open source shopping cart platform such as Magento, so most of the work will already have been done.

3. Spend time researching and designing the features of the site yourself. Have a clear vision of what you want, you will save thousands if you do it yourself rather than paying your designer for this.

Planning and preparation

One of the keys to success is to plan and prepare before you launch. Every minute detail of the business must be recognised and a course of action taken. Everything from dealing with enquiries, processing sales, through to organising returns must be planned out to the smallest details.

Strong relationships with suppliers

Once you join a distributor, make an effort to meet with them personally or at least spend time talking with your sales rep about your vision for your business. If you have a good relationship with your distributor, they will actively help you to succeed and achieve your goals. You can then ask for special pricing which will give you a competitive advantage in the market.

Repeat customers

As soon as a steady turnover begins to develop your focus should turn towards your customer base. The following tactics are a sold starting point in getting your customers to return.

o Weekly newsletters with discount coupons and specials

o Automatic emails sent 1 and 2 months after an order reminding the customer of your existence

o Referral programs which offer store credit to those who refer friends to your store.

By following these tips and by having a strong marketing campaign, you can turn an initial investment of under $10,000 into an annual turnover of $1,000,000 in just 3 years!