E-Commerce is conducting a business,
selling a product and collecting payments electronically.
It is differentiated from a retail business in that a
store front, bricks and mortar, are not required.
It is also differentiated from a catalog business in that
a catalog is not required. Catalogs are very expensive
ways to advertise.
I feel these are 'must haves' for a successful e-commerce
business.
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Your own domain name.
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You own web site.
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A product you can sell.
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Original content.
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Your own merchant program or the ability to accept secure
payments on-line.
My definition of an e-commerce
web site is a site that...
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Offers a product or products on-line
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Offers a secure manner of payment processing on-line.
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Delivers their product or products on-line or with a timely
shipping method.
Those are my basic requirements. |
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