Showing posts with label ecommerce web site. Show all posts
Showing posts with label ecommerce web site. Show all posts

Sunday, November 25, 2007

Reselling Tickets on Ecommerce Web Site - The Accidental Business

A lot of people who like going to events -- concerts, sports, theater, holidays, comedy shows -- sometimes buy more tickets than they need. Others who buy tickets through a ticket brokering ecommerce web site find out soon that they are not able to use the tickets because something unexpected comes up. So inevitably they are forced to sell the tickets to someone else who might be interested.

The question is, how? People who are not into brokering tickets complain of the following:

1. I don't know how to resell tickets
2. I don't have time to haggle with friends or relatives who are likely to buy
3. I don't want to scalp tickets (legally questionable)
4. I don't know how to put up ads in an ecommerce web site

When this is the case, the accidental ticket seller must choose between the least of all the evils. That is, to resell the tickets online. This obviously is a lot better than the other options because not only it saves you time, you can also have the tickets bid for a higher price. Your tickets are advertised 24/7, and you don't have to be a geek to do it.

Anyone who knows how to read can easily resell tickets on eBay or craigslist. If you've experienced some success, you may also try reselling to other events marketplaces such as Ticketmaster, Ticket Web, Stub Hub, or ABC Tickets. Or better yet someday, you can put up your own ticket reselling ecommerce web site yourself!

Monday, November 5, 2007

ECOMMERCE SOLUTION 16 - Can You Really Make Money Having Fun Online?

When you work for money, do you work for fun? Okay, let me put it this way. If your goal is to make money, do you have fun in the process of achieving it? Is it part of your ecommerce strategy to mix business with pleasure?

In the online business industry, there are two types of people. Those who work too hard and forget to play, and those who play too much and forget to work. Which one are you between these two? They say too much of everything isn't always healthy and can get you to the psychiatric ward in no time. And dig this, have you heard of an Internet user in China who actually died after three days of using the Internet nonstop?

If your ecommerce strategy is to earn money online, then get to work and focus on work. If you work to earn money online though, don't take it all dead serious! A lot of merchants get distracted by the entertainment they get in the Internet. But there's a fine line that separates fun and making money. Balance and discipline are the key.

If you're not sure how you're meeting your goals in terms of having fun while going after it, check your hours. Do you spend more time surfing online for games, jokes, and gossip more than working? Do you spend more time getting all geeky than taking a break for outdoors? Create a balance and stick to your schedule. An ecommerce strategy like this is the basis of success, and, well, keeps you sane.

ECOMMERCE SOLUTION 12 - Keep Notes and Stay Alive

Enough said about knowledge being power. The Internet is actually a neural network of gazillions of information, information makers, and information takers that without delving into this aspect of doing honest to goodness research, you will be left in the station when the train starts to chug away. An excellent ecommerce solution is to create space and time where (and when) you can dedicate a part of your online efforts to stocking up on knowledge.

Information doesn't come naturally to most merchants. In fact, some merchants say they're too busy to read or learn anything else outside their business. If you're working as your own boss, spend a day just reading and taking notes, talking to people, listening to seminars, and generally ingesting information relevant to your business. If you have a staff, assign this task to one of them. This ecommerce solution will work miracles on your business.

When I was younger (and until now), I learned the art of keeping notes just enough to remind me of things I encountered, things I might want to do someday, and things that may be useful to my life in the present or in the future. I didn't know this was one hell of a life-changing survival technique. As a consultant for merchants seeking an ecommerce solution, I let them know how learning and note-taking can raise their potential success faster than most merchants in the industry.

Tuesday, October 30, 2007

ECOMMERCE STRATEGY 12 - Show Off Your Secure Ecommerce Logos

People don't normally look for credibility seals when they shop online. I don't. I must admit I get lazy when I have to check whether a company has a Hackersafe, Verisign, Better Business Bureau or TRUSTe logos. I am aware though, like other shoppers, that these logos do help increase credibility and shows that your company uphold secure ecommerce transactions.

But since people don't care too much about secure ecommerce until they get their credit cards hacked, what can the merchant do? Inform everyone. No, drill your customers about how safe buying your products and services are. Providing articles and newsletters that remind them your company is registered with trade associations such as BBB or Hackersafe can actually make them realize they can trust you, and therefore can buy without worrying about online fraud.

Displaying the credibility logos are not enough to show how safe your ecommerce store. Merchants should make it a point to make customers realize it. Create press releases, write blogs, and occasionally inform about security tests made on your site. No online store is safe from credit hackers and identity thieves. Even the most secure ecommerce retailers can be victims, so keep a close watch, and keep your buyers informed!


SEE ALSO!

Sunday, October 28, 2007

WEB OPPORTUNITY 3 - Can you Provide Information?

The part that I like best about ecommerce is that it levels the ground between the haves and the have-nots. People who don't have much capital but have expertise in a certain subject can easily create informational materials such as e-books that they can sell online. They can set up their own ecommerce store that focuses solely on these digital files or they may also advertise their product on various public auction sites or merchant malls such as eBay.

I must agree with Scott Lindsay that this is a low-key way of making money online, knowing how little capital is being invested (financially). However many online merchants have made considerable profit off selling e-books, webinars, and other downloadable digital files. In fact, most people who don't have much time to go to brick and mortar bookstores need only browse an ecommerce store such as Amazon to shop for books and have them shipped.

Despite the boom of e-book selling, merchants should also be aware that download security is an issue among e-book sellers. Unless they put up or advertise in a secure ecommerce store where they can send the file to the buyer without being defrauded, hackers are likely to steal the files. One of the best ways to protect merchants from download fraud or identity theft is to send only the link to the file via email as soon as the buyer has paid for the product.

Friday, October 26, 2007

ECOMMERCE WEB SITE SUCCESS TIP 4 - Web Metrics are the Necessary Evil

Google has created net addicts in all of us. Having to comply to SEO standards that result in your ecommerce site being part of top 10 in the first page of Google's search results has become an obsession for many merchants and online analysts. Some think Google is unfair, but others think the giant search engine is only doing its best to see all websites equally.

But these metrics we employ in order to track the online success of our ecommerce site are crucial. Think: without Google Analytics or other software that show details on visitor number, page clicks, or other essential technicalities, no one will figure out whether the business is taking off and whether it has a potential to do so.

The little things are the big things in the web. Your ecommerce site isn't built to merely sell products. The more you know about how it is running, the better you can create solutions to improve it. Eventually, the more likely your sales will increase.

ECOMMERCE WEB SITE SUCCESS TIP 1 - Three Rules of Thumb
ECOMMERCE WEB SITE SUCCESS TIP 2 - Build networks, Build Backlinks
ECOMMERCE WEB SITE SUCCESS TIP 3 - Use Your Backend Design to Your Advantage