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Ecommerce Explained In Plain English

Quite simply put, ecommerce or "electronic commerce" is selling or trading online. To the inexperienced person, this can often be seen as an area reserved for the bigger players. The truth is that nowdays, anyone can get involved and sell online and your competitors probably already are. As long as you have a product or service that people want to buy, you can sell or market it online.

Increasingly there are more and more affordable and even free website programmes or shop systems available to get you up and selling in a the global marketplace. Many have a proven history of success and reliability and do all the things you will ever need. From a simple cart taking small orders to a large database driven system taking orders and keeping in touch with the customer, it's all available. The secret is knowing just which one to chose.

To trade successfully online there are a few essentials you will need:

  1. A domain name (.com etc.)
  2. A website or webshop with products or services for sale
  3. A way of taking payment from your customers
  4. A way of fulfilling orders (sending the products out)
  5. A way of attracting new and returning customer
  6. A way of keeping in touch with customers for repeat business

Obviously there is a bit more to it than that but really, that's the basic structure of a standard ecommerce setup. Add as many whistles and bells as you like and make the whole system as large as you like but the fundamentals above will always be there.

Summary:

  • Ecommerce is trading online and selling products or services
  • Getting involved is fairly easy and needs a few basic elements
  • Trading online exposes your business to a larger market
  • A larger market means more potential profits
  • Pick the right system and it's fast and low cost

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