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Ecommerce hosting usually means an On Line interface between your products and your possible buyers of your products. A shopping cart system displays your items along with price. On line buyer navigate your site, understand your offer, and compare your offer. Once she decides to buy, she will just buy using a shopping cart with integrated credit card interface. This credit card interface is the most important interface and it needs to secure one.

An ecommerce site is a simple and cheapest way to sell your products to your customers. If you compare the costs with setting up a physical store front with ecommerce website- cost efficiency of ecommerce business will be clear top you. There is no cost of location, overhead, store etc. E-Commerce opportunities on the Internet are very high. Ecommerce transactions in the United States of America are projected to hit $200 billion in 2006. Canadian consumers spent $3.8 billion online in 2004 and are expected to rise to $6 billion in 2006. Hence ecommerce hosting can be good home-based business.

Ecommerce Hosting – starting Point

Ecommerce hosting requires displaying of products, navigation and adding them to your virtual shopping cart which then automatically calculates total amount payable including discount, if any. An On line interface to accept payment

Ecommerce hosting requires an excellent back end mechanism. Security of transaction, tractability of transaction and speed are paramount importance for any on line business specially ecommerce. There are two kinds of ecommerce hosting. 'Supplied ecommerce hosting' where you need to prepare your site but the entire necessary tool are available. You can have these types of hosting in 'Go daddy'. 'Hosted ecommerce' where every thing is ready, you need to concentrate to build your business only. Site Build It by Ken Evoy is an example of this category.

Different costs to be considered to set up ecommerce business

You need to buy a domain name and a web host for hosting your service. As per our business plan, suitable shopping cart software needs to be purchased. The software should support processing master, visa credit cards, different debit cards and pay pal account. System should be flexible to identify returning customer and able to change credit card and address details for old customers. Customer should feel comfortable in using the software and a context sensitive help menu is essential. System should support discount for bulk purchase and local or international taxation.

If you want to do any special customization, you need to hire developer. Normally a good developer will charge you USD 50/ hour. Any custom specific development is good for your business. The next cost involves setting up a process of receiving credit card payments on-line. To save cost, you better set up a Pay pal account. Pay pal costs 2.9% + $0.30 USD per transaction. Set up a merchant account is costlier than Pay pal.

You need to promote your On Line Store using Ad word, creating mini sites, creating a large opts in list and joint venture with other companies. Quality is most important for your success in ecommerce business hence test your site thoroughly and professional.

# posted by Medical Information : 2:44 AM