STARTING A BUSINESS ONLINE

Starting a Business Online



Starting a Business Online

Introduction

Developing an e-commerce business is a tedious procedure that will test the determination and dedication of any person that has created a business in the past. In this research paper, we will analyze   4 different scenarios that one might be confronted with in possessing an e-commerce business. The scenarios are as follow:

Imagine that someone has offered you $1,000 to buy your online domain name shortly after you started your business online. Explain why or why you would not sell and cite the ethical dilemmas involved.

The e-commerce software, you will be using must provide a catalog display, shopping cart capabilities, and transaction processing. The convenience and usability for the customer is benefits of these functions. State how each of these functions could be beneficial to your business.

Your business will have created a presence in the physical world by having a store along the boardwalk. Creating effective presence on the Web. Including how to improve Web presence by increasing website usability.

Develop a web marketing strategy for your company including the following: identify the market segments you will target, how you will reach that segment, and explain how you will reach that segment, and explain how you will advertise on the Web.

Selling Your Domain Name (Host Name)

There are various matters must be debated when a line of work is planning of selling their host name to somebody else.

As an owner of a domain name, there are various factors, which I will, consider before selling a domain name of my business to someone else. Businesses with strong footings and, high profitable margins are mostly proved to be effective by not selling there domain name. Or even, if they decided to sell their domain name, they only sell for a very favorable offer. Although, the general perception of any domain owner would be to keep any domain name they own, because it is not recommended to do so. On the contrary, when someone do decide to sell their domain name due to an unsought offer, there are many issues one should consider before selling there domain name.

Is the Domain name Rendering Profits?

Prior to selling a domain name (or prior to pricing a domain name), it is crucial to forecast how much profit is being rendered and at what price. If the host name is generic and it is parked, the domain name can usually be priced somewhere between 8 - 20 times its yearly profit, all contingent on the domain name. For numerous class specifying or product host names, individuals have sold them for 100s of years multiples. Many individuals with class specifying host names will not sell just based on a profit multiple so this is a road map.

If the host name has an internet site, the proprietor should accept the monthly hosting prices into consideration as well as other prices that are obtained such as charge for advertizing gross sales. In addition, advertisement deals that are in situ should be conceived, as the new proprietor may not like to keep the internet site as is, therefore, abbreviates may have to be ...