Selling Products Online
Many small businesses dream about taking their products to the world through ecommerce. If you have a unique product then this can create exciting possibilities. If you have a product that is carried by many other businesses, then you will need to find a way create more value than your competitors. Otherwise you will be competing solely on price.
The “To Do” List
There are several bases that need to be covered to get your site off the ground and selling products online. As with any website you need to purchase a domain name and point it to the server where you will have your website.
Set Up Secure Hosting
The hosting for your business’s website needs to be on a secure server. This insures that credit card information and other personal data of your clients are not compromised. Your hosting service will provide instructions for setting up a secure server.
Choose a Shopping Cart
There is a wide range of shopping cart services available. One of the best ways to choose a cart is to set up a demo account for several and go through the process of setting up your products on them. This will give you a good feel for the shortfalls of those carts and help you make a better decision in choosing. This will require some time, but it is well worth it.
Different carts work well for some products and not well for others. If your items have a lot of size options, color options and other variables, then you need to make sure the cart will work with all of the options you need for your market.
Enter Your Products
The most time consuming part of building an ecommerce website is often entering the products into the database for the shopping cart. Most shopping cart services have this down to a very simple process. Even so, if you have several products, each with many options, then the number of SKUs can jump quickly. Creating these in a shopping cart can require some time.
There are two primary ways to collect money for your online sales. First, you connect your secure website to your bank account. Your transactions will process from the website. Second, you need to set up PayPal to give site visitors another option for payment. Clients that do not know you or your business may be reluctant to turn over credit card information to your site. If you don’t accept PayPal, then it could cost you significant sales. Make sure the shopping cart you choose accepts PayPal.
Connecting to Your Bank
Your shopping cart needs to be set up to transfer funds from your customer’s credit or debit cards to your bank account. To get this set up you need to get instructions from the company providing your shopping cart. It will require you to get some information from your bank that directs the payments to the right account.
Review Your Ecommerce Site Regularly
Your shopping cart needs to be reviewed regularly. When you have a change in a product, like the colors available for a shirt, you need to update it promptly. You don’t want to be contacting customers and telling them that you don’t have the item they just purchased. This will cost you repeat business and will likely keep other people away from your site.