| What
is eCommerce? |
|
| Simply
put Electronic Commerce (eCommerce) is any
business transacted electronically. Electronic
commerce is the buying/selling of product
and/or services over the Internet.
To conduct business on the Internet you
need an eCommerce web site. An eCommerce
website can be as simple as a catalog with
an order form, or it can be a complex multi-media
enabled web site with real-time credit card
processing capabilities. The Internet has
enabled merchants to offer their goods and
services to potential customers around the
world 24 hrs a day, 365 days a year. eCommerce
offers customers the opportunity to browse,
select and pay for goods in real time from
the comfort of their own home or office.
eCommerce supplements
the traditional selling channels and attracts
customers that you never knew existed. The
Internet revolution is affecting every company,
no matter its size. Business of all sizes
can equally share in the benefits of eCommerce,
but they are all equally vulnerable to being
left behind if they do not adopt the new
business models.
|
|
|
|
| What
do I need for eCommerce? |
|
A. Chose
Payment Options:
- Off-line Credit
Card Processing
This is a good option if you currently
have a Merchant Account with a local bank.
Your customers' credit card information
is captured and stored on our server for
later authorization and transaction processing
through a traditional card swipe terminal
or through a computer. If you are clearing
more than 100 transactions a month, you
may want to consider the real-time payment
processing option.
- Real-Time Payment
Gateway Processing enabled by Merchant
Accounts
To process credit cards transactions in
real time through your web site you need
to:
- Open a merchant
account with a financial institution. Sign
up for a payment gateway. Merchant Accounts
give you the ability to take Credit Card and online check
information from your prospective customers
over the Internet. All the FooShopping
products (eCommerce Software) offer seamless
integration with our online payment gateways
providing you with a completely integrated
eCommerce Solution.
Merchant Accounts
are issued through an Authorizing Bank.
A Merchant Account is like a Drivers License.
Though you have a driver's license you can't
move around without a vehicle. Similarly
for you to use your Merchant Account you
need a vehicle to move the information around.
For example you could ask your web site
prospects to call you on the phone to place
their orders. Now the phone is your vehicle
to move their Credit Card information.
B. Online eCommerce Shopping Cart
An Online eCommerce
Order is another example of a vehicle to
move Credit Card and ordering information.
Your customers can efficiently order 24
hours a day. Also an eCommerce solution
eliminates some potential for error as there
is only one human involved in the process
rather than two.
The eCommerce (shopping cart)
solution is a vehicle that enables you to:
- Get the ordering
information from the customer
- Verify via email
to the customer that his order has been
placed
- Deliver the notification
and ordering information to the buyer
- The more information
the shopping cart can collect, the wider
its application can be.
|
|
|
|
| What are the advantages of Online/Electronic
Transactions? |
|
- Reduces Errors:
No need to enter transaction amounts at
both the cash register and processing
terminals.
- Creates Transaction
Database: Stores transaction information
in your database for as long as you want.
You'll never have to search for lost transaction
information.
- Increases Accountability:
It is easy to confirm whether you have
received the proper amount of credit for
each transaction.
- Minimizes Fraud:
Performs address verification (AVS), and
eliminates the chance of shipping to someone
using a stolen credit card, saving you
from a charge back.
- Quicker Transactions:
Allows you to send multiple transactions
as a batch, thus reducing authorization
time to as low as three seconds per transaction.
- Lowers Transaction
Costs: Electronic processing is faster
and less expensive than paper processing.
- Faster Billing:
Makes it easy to build and process a batch
of transactions as often as needed; great
for recurring billing.
- Recurring Billing:
Schedule transactions to be processed
according to your specific billing requirements.
|
|
|
|
| What is an Electronic Shopping Cart? |
|
An Electronic Shopping Cart works the same way a shopping
cart does in the physical world. As customers
browse through your online store, they can
place products they intend buying in their
virtual shopping cart, which keeps track
of the products placed in it. When they
are ready to leave your store, they click
a "check out" link which shows
them what they've placed in their virtual
shopping cart. Here they have the option
to remove items they are no longer interested
in purchasing. Then they enter their shipping
and payment information to process the order.
|
|
|
|
| Do you include Merchant Accounts with your eCommerce Solutions? |
|
No. But we do offer merchant accounts through our website. These are indutry leading merchant accounts. Just visit our busineess merchant account section to sigup.
|
|
|
|
| What is the difference between a website and an
eCommerce site? |
|
An ordinary website presents prospective customers with
only information and the only purchasing
options available are off-line. On the other
hand an eCommerce site not only presents
all the required information but also provides
secure options to complete the sale right
there.
An ordinary website
is like a copy of your printed catalog,
only presenting information, whereas an
eCommerce website is a new business unit
that complements your existing traditional
selling channels and accentuates an entirely
new sales/distribution channel.
An ordinary website
offers limited security options. On the
other hand eCommerce sites provide options
for high levels of security by encrypting
data and transferring it over secure servers.
An ordinary we site
operates entirely outside your existing
business system. All orders have to be manually
entered into the system and processed off-line.
Whereas an eCommerce web site integrates
into your existing system for inventory
control, order processing and order fulfillment.
A fully integrated eCommerce web site automatically
ties into your existing business process
and acts like an extension to your existing
sales force.
Website design for an ordinary website and for an eCommerce website typically involve a much different approach. More programming is needed for eCommerce websites (shopping carts) than static websites.
|
|
|
|
| How will people find my eCommerce website? |
|
| For Corporation works closely with our "sister" company to ensure the highest level of search engine optimization is completed with the development of your new website. |
|
| Back to Top |
|
| More
Frequently Asked Questions about our eCommerce Services... |
|
If you have any questions
about eCommerce not covered here, please feel free to contact us or chat live with a member of our staff and we'll be
happy to answer any questions for you.
|
|
| Back to Top |
|