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Success Factors in E-Commerce by OLIVIA HUNT

In many cases, an e-commerce company will survive not only based on its product, but also by having a competent management team, good post-sales services, a well-organized business structure, network infrastructure and a secured, well-designed website. Such factors include:

Sufficient work will be done in market research and analysis. E-commerce is not exempted from good business planning and the fundamental laws of supply and demand. Business failure is as much as a reality in e-commerce as in any other form of business.

Good management teams are armed with sound information technology strategy. A company's IT strategies should be a part of the business re-design process.

Providing an easy and secured way to customers to effect transactions. Credit cards are the most popular means of sending payments on the Internet, by accounting for 90% of online purchases. In the past age, card numbers were transferred securely between the customer and merchant through independent payment gateways.

Providing reliability and security.

Providing a 360-degree view of the customer relationship.

Engineering of an electronic in which one focuses on a "limited" number of core competencies -- the opposite of a one-stop shop.

Operating on the cutting edge of technology and staying there as technology changes.

Setting up an organization for sufficient alertness and agility to respond quickly to any changes in the economic, social, and physical environment.

Providing an attractive website.

Providing complete understanding of the products or services offered in website.

Generally, the e-commerce merchant must also perform such mundane tasks as being truthful about its product and its availability, shipping reliably, and handling complaints promptly and effectively. A unique property of the Internet environment is that individual customers have to access to far more information about the seller when they would find in a brick-and-mortar situation.

The article was produced by the writer of Essay-Paper.net. Olivia Hunt is a 4-years experienced freelance writer and a senior manager of Custom Essay Writing Service. Visit our website to learn more about college term paper writing and essay writing tips.

This article was published on Sunday 15 April, 2007.
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Emall.sg is an online shopping directory where Singapore online businesses list their product and services. It serves as a community portal where the sellers and buyers meet. The shopping forum will allow further interactions for those who sells online or buys online. Emall.sg also offers featured listing and banner advertisement space for those who want to market their products and services more effectively. Emall.sg is managed and powered by Efusion Technology. Efusion Technology is the Information Technology Company behind the majority of E-commerce websites or online stores you see in Singapore and around the region. We build reliable shopping cart system which balances between aesthetics and functionality at affordable and fair rates. Take a look at our web design portfolio to understand our capability. We provide holistic services from domain name registration to reliable web hosting to creative web design to user friendly ecommerce engine implementation to professional training to effective search engine optimization (SEO) to valuable e-marketing consultancy. Our other services include Static web design, Content management system (CMS), Point-of-Sale system (POS), Registration system with payment gateway and SMS applications. Efusion Technology is a TrustSg accredited online service provider and also an official TrustSg accreditation reseller. We are also the official reseller of eNETS payment gateway, Telemoney (Easypay) payment gateway and Worldpay payment gateway. View clients testimonial for Efusion

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