When
choosing to create an ecommerce store, there are 3 important
questions to ask yourself.
1) Do
I need ecommerce? This is important. Generally speaking,
consumers are comfortable making purchases online for under
$250. If your product or service costs more than that, then
you may be better served creating a "Lead Generation"
web site and an eSales team who are comfortable working with
internet based leads.
2) How
much time do I have? Setting up an ecommerce store is relatively
easy for any experienced web designer and can be done and out
to market in a couple days, assuming you have a limited number
back end products in place and ready to be shipped. But, if
you are a newbie, then you face a substantial learning curve.
We encourage
everyone to learn HTML,
and to be entrepreneurial in their endeavors, but it does take
a large time commitment to learn enough to succeed. Also, keep
in mind, that the learning is never done. There are always new
technologies effecting the Internet and the way people buy and
sell online and you need to keep up to date with them to succeed.
Another thing to keep in mind is internet marketing. If you
plan on acquiring sales through the search engines, then you
need an seo strategy
that works.
3) What
is your budget? Everyday you hear of people making millions
online by just having an ecommerce enabled web site that they
got for free. We would like to dispel this myth. It's simply
not true. There are technology costs associated with operating
an ecommerce site, not to mention the cost of products, fulfillment,
standard overhead costs, and marketing.
The old
idiom of "It costs money to make money" is 100% true.
However, starting an ecommerce store is generally less expensive
than a traditional brick and mortar, especially if you have
a successful brick and mortar business already. However, the
bare bones start up costs associated with an ecommerce store
is the cost of your computer and ISP. This is possible, but
not very probable. In truth, you should expect to spend somewhere
in the range of $50-$1000 a month in technology costs alone.
That does not account for variables listed above.
If you have
thought about the questions above and still want to proceed,
here is a quick check list of things you recommend you have.
1) Product
or service to sell.
2) Web site and hosting company with email.
3) Shopping cart with a secure check out.
4) Merchant account so you can accept credit cards.
5) Back end technology and order fulfillment in place.
About
the Author...
Michael
Zittel most recently worked as the VP of Internet Marketing for
Payright.com. Prior to that he's held similar positions for various
other companies. Cumulatively he has over 5 years of internet
marketing and ecommerce experience. Currently he runs his own
ecommerce businesses, 121merchantaccount.com and Serr.biz.