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Critical
Components for E-Commerce
on the Internet. |
1) Web Site
This is your online connection to your prospects and customers. There are a number
of places on the web to get "free" web sites - although you may be required to
display an advertisement. The design of your site is critical to the success of your
business! If it does not look like a professional, legitimate business - NO ONE WILL ORDER
ANYTHING - no matter how great the products that you have are. If you are serious about
doing business on the web, either go back to school and learn html, java, cgi, etc., or
hire a professional to design your site.
2) Merchant Account
This is a bank authorized account which allows you to accept major credit cards,
electronic checks, etc. Many banks will not give you a merchant account if you do business
on the Internet because they may classify it as high risk. Be careful when looking for a
merchant account provider! Watch out for hidden fees, high setup fees, and
other unscrupulous business practices.
3) Payment Transaction Software
This is software which actually processes customer order information, address, credit card
number, etc. The data is sent to a credit card authorization network which verifies that
the credit card is valid and verifies that the shipping address matches the billing
address. A possible warning sign that the card has been stolen is that the billing and
shipping addresses do not match.
4) Secure Server Connection - https://
This is a link to a special computer which encrypts confidential ordering data for
customer protection. You know you are on a secure server when the URL in your browser says
"https://". The "s" stands for "secure." If ordering
information is not sent via a secure server it can be intercepted by computer hackers.
5) Shopping Cart
This is software which allows you to accept product orders for multiple products from your
web site. This software automatically calculates and totals orders for your customers.
Some setup must be done in the html code of your web site, and the shopping cart software
must be installed on the server which hosts your site or on the secure server which
accepts sensitive ordering information.
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