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Credit Articles
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Your Own Homebased Business
eCommerce Web Hosting
One of the fastest growing sectors of the Internet
is eCommerce. People are becoming accustomed to
buying things from Internet store fronts and every
year the volume and value of sales increases substantially.
If you would like to open up your own eCommerce
web site here are a few basics to get you started.
The first thing you need, obviously, is a product
or service that you can sell. If you already have
a brick and mortar store you can offer the same
items for sale on a web site. The number of products
that you sell is a big factor in the type of hosting
package you need. If you have let's say less than
20 items, you could set the whole thing up on a
very small hosting account. Listing hundreds of
products is a different story – you will probably
need more disk space, more bandwidth, and more features
such as databases and a secure connection for accepting
payments.
Since the most important part of eCommerce is getting
paid, let's look at the various payment options
available. There are two basic options – collecting
payment information directly or hiring a third-party
service to process credit cards.
SSL (Secure Sockets Layer)
If you are planning to get or already have a merchant
account that enables you to process credit cards
you need to have a web site with a secure connection.
This provides a way to encrypt sensitive data so
that it cannot be intercepted and read as it travels
across the Internet. If you don't have a secure
connection (indicated by https at the start of a
web address) forget about collecting credit card
numbers – customers are too web savvy to post
sensitive financial data on an unsecured web site.
In order to get a secure connection, you need to
apply for an SSL (Secure Sockets Layer) certificate.
These are issued by companies such as Thawte which
require you to supply verifiable information concerning
your identity and location. Once you have the certificate
it must be installed on your web site. For this
you need to have a unique IP address – available
at an extra cost from most web hosts. There may
also be a fee to install the certificate.
Third Party Gateways
If all this sounds too complicated, you have the
option of going with a third party service that
handles financial transactions for you. To complete
a sale, customers are usually redirected to the
web site of the payment service where they provide
their credit card details. Some of these services
have setup fees and charge a commission on each
sale, while others (like PayPal) are free to set
up and simply take a percentage of each sale.
Shopping Carts
Shopping carts are scripts that can be installed
in your hosting account. They can automate the whole
eCommerce experience by organizing your products
into categories, creating pages that describe categories
as well as individual items, allow you to keep track
of returning clients, suggest other items for the
customer to buy before they check out, and allow
them rate the products they have bought.
Shopping carts can provide a more satisfying shopping
experience while providing a structure for your
online business. Many hosting packages include free
shopping cart scripts such as Miva, Agora, osCommerce,
and Zen. When choosing an eCommerce package, make
sure it supports your preferred method of payment
gateway. For example, if you already have a merchant
account with your local bank, use that as your starting
point for choosing a shopping cart which supports
that particular payment method.
About the Author
Liz Roberts is a loan consultant
with NewHorizon
Finance and has been running an online finance
company since 1989. Bad Credit? Join our mailing
list for tips on building and repairing
your credit yourself, without hiring a credit
repair service. Click here for a list of bad
credit unsecured credit cards
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