welcome to the world of e-commerce
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Welcome to the world of e-Commerce. The world of e -Commerce can be a complex world that can seem very daunting when first considering setting up an online trading company. Two common situations:- New Company start-up Existing company expansion Also two common routes :- - PowerPoint PPT PresentationTRANSCRIPT
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Welcome to the world of e-Commerce• The world of e-Commerce can be a complex world that can seem very daunting when first
considering setting up an online trading company.
• Two common situations:-– New Company start-up– Existing company expansion
• Also two common routes :-– Inexpensive – using internal resources– Expensive – using professional services
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Using in house resource• This is the best solution for new start up businesses and Small to Medium Enterprise (SME)
with small annual turnovers.
• Benefits:-– Low Cost– Low upfront fess– No Fixed Term Minimum Contracts
• Disadvantages:-– Limited Support– Limited Services– Poor User Interface
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Using professional services• This is the service that you would use if you wanted to create in order to enhance your online
service to maximise growth.
• Benefits:-– Best User Experience– 24/7 Online and Telephone Support– Not Off the shelf package (bespoke for business need)
• Disadvantages:-– High Costs & ongoing maintenance charge– Lack of control– High Upfront and continuous monthly charges– Penalties for Early Termination of contract
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e-Commerce Life Cycle• The following Diagram explains the transaction life cycle.
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Website and e-Commerce ServicesTo do this by yourself :-• Build your own website• Choose a payment option• Shopping Cart Services
To do this Professionally :-• Website and Hosting Services• Shopping Cart Services • Choose Payment Provider• Choose IMA Services