E-commerce: Selling online - Business

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Know what to sell

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27 Terms

1

Know what to sell

You should know what you’re going to sell.

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2

Know how to sell

It’s best to know your audience in order to sell to them

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3

Choose a place to sell

It helps you get discovered just like a physical store that customers can and through a postal address.

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4

Decide how you’ll get paid

This can be done if you use a payment gateway like PayPal or a shopping cart service which your customers can also use to send you payment.

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5

Get Customers

You need to learn about your customers for them to patronize your business. Customers make a business possible.

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6

AUCTION SITES

  • Provide the convenience of not having to set up a website to begin selling.

  • Auction sites cater to specific categories of items.

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7

Fixed price marketplaces

Websites where goods are sold with definite prices, just like amazon.

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8

Online Craft Fairs

It is like a bazaar and is an excellent place for craftspeople, who are generally specialized artists, to connect to the public and garner followers.

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9

Classifieds

Often associated with newspapers wherein small ads are grouped together into categories in their own sections.

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10

Online infomercial

  • A direct response video advertisement.

  • Began to invade the internet as early as 2003

  • Social Networks

  • Only meant to connect people with one another.

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11

Own storefront

It is a website where you can post the things that you sell.

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12

The shopping cart

Used by a customer to “load in the products he wants to purchase, just like you would a shopping cart in a supermarket.

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13

Payment

The shopping cart tools available on established e-commerce website services are a good way to get started.

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14

Storage and delivery

You have to find a way to stock, or warehouse your goods somewhere.

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15

Promotion

Is essentially all about letting potential customers know that your business and its website exist, as well as what your business offers

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16

Google’s feed burner

Is a popular service business people can use to create feeds of blogs that display short version of posts with links to video or audio content that followers can consume Analytics

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17

Web Analytics

Another popular and versatile analytics tool which can be used by beginners and experts alike.

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18

Feedback form

A form that a reader fills out and sends to the person designated by the e-business.

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19

Logistics supplier

A company which specializes in handling and delivering goods from one point to another.

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20

Survey form

A document with blank spaces to be filled out with particulars on a certain subjects.

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21

Viral marketing

Promotion of marketing messages through online social networks.

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22

Transaction system

Necessary for a physical store to have a cash register for recording transactions and sorting and keeping cash

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23

Weebly

It is a website creating service that is free to use and offers an easy and comprehensive way to have your own place on the World Wide Web.

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24

A store in your blog

Easiest way to get up and about selling things online is to create a blog with content that’s related to the products or services you’re selling.

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25

Products access and delivery

You will need to consider the method of delivery for your product.

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26

Affiliate marketing

A marketing method employed by various companies in which a business pays an affiliate for every sale resulting from the affiliate’s own hard work.

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27

Trade

The exchange of goods for money

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