ECommerce
Electronic commerce, commonly known as e-commerce, ecommerce or Shopping cart website.
There
are 3 steps involved for you to have a online shopping cart.
1) Bestest Domain Name 2) Best Web hosting 3)
Solid Platform & development team
Ecommerce refers to the buying and selling of products or
services over electronic systems such as the Internet and other
computer networks. However, the term may refer to more than just
buying and selling products online. It also includes the entire
online process of developing, marketing, selling, delivering,
servicing and paying for products and services. The amount of
trade conducted electronically has grown extraordinarily with
widespread Internet usage.
Amazing, e-commerce is huge in India!
A report by the Internet and Mobile Association of India has
revealed that India’s E-commerce market is growing at an average
rate of 70 percent annually and has grown over 500 percent since
2007.
The current estimate of US$ 6.79 billion for year 2010 is way
ahead of the market size in the year 2007 at $1.75 billion. The
following chart depicts the growth of E-commerce in India in the
last couple of years:
Apparently, more online users in India are willing to make
purchases through the Internet. Overall e-commerce
industry
is poised to experience a high growth in the next couple of
years. The 70 percent year on year growth is expected to
continue and India’s e-commerce market is forecast to reach a
whopping $US 10 billion by the end of 2011.The e-commerce market
in India was largely dominated by the online travel industry
with 80% market share (e.g. irctc.co.in, makemytrip.com,
yatra.com etc.) while electronic retail (E-Tailing) e.g. ebay.in,
flipcart.com, myntra.com etc. held second spot with 6.48%.
E-Tailing and digital downloads are expected to grow at a faster rate, while online travel will continue to rule the major proportion of market share. Due to increased e-commerce initiatives and awareness by brands, e-Tailing has experienced decent growth. As far as digital mobile downloads are concerned, the increasing use of smart phones, availability of 3G services and cheap data plans will also boost the growth process While e-commerce rises, there is a need to place one eye on cyber crimes and scams in India.
Our team has worked in following standard shopping cart solutions:
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Store front:
We can integrate payment and SMS gateways, invoicing system
including PayPal, Money booker, Google Checkout, PaySeal,
PayMate,Sagepay,CCAvenue,HSBC, Authorize.Net etc. The cost of
integrating the payment differs please ask for clarifications on
which payment gateway implementation might cost how much?
e.g. paypal integration might cost less while Indian local banks
might cost more....
Advantages of having online ecommerce.
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Marketing Promotions and Tools • Flexible Coupons (pricing rules) with ability to restrict to stores, customer groups, time period, products, and categories. • Catalog Promotional Pricing |
Analytics and Reporting • Admin Dashboard for Report Overview • Abandoned Shopping Cart Report • Best Customers Report by Total and Number of Orders |
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Search Engine Optimization • Google Site Map • URL Rewrites give full control of URL's • Meta-information for products and categories |
Site Management • Control multiple websites and stores from one Administration Panel • Web Services API for easy integration between Magento and any third-party application • A/B and Multivariate Testing |
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Catalog Management • Batch Import and Export of catalog • Google Base Integration • Downloadable/Digital Products • Advanced Pricing Rules and support for Special Prices (see marketing tools) |
Catalog Browsing • Layered / Faceted Navigation for filtering of products in Categories • Layered / Faceted Navigation for filtering of products in Search Results • Product comparisons • Product Reviews |
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Product Browsing • Multiple Images Per Product • Product Image Zoom-in Capability |
Mobile Commerce • iPhone Optimized |
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International Support • Multi-Lingual • Support for Multiple Currencies |
Checkout • One-Page Checkout • Checkout without account/Guest Checkout • Shipping to multiple addresses in one order |
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Shipping • Shipping to multiple addresses in one order • Multiple shipments per order • Free Shipping |
Payment • Multiple Payment Options Supported • Payment Extensions Available through Magento Connect • Configurable authorization and capturing of funds |
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Customer Service • Feature-rich Customer Accounts • Order Tracking from Account |
Customer Accounts • Re-orders from account • Downloadable Products • Recently ordered items |
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Order Management • View, edit, create and fulfill orders from admin panel. • Create one or multiple invoices, shipments and credit memos per order to allow for split fulfillment |
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