Getting Started In E-Commerce
Questions And Answers

What are minimum requirements to conduct business E-Commerce?

• A Web site.
• A computer connected to the Internet.

What are suggested requirements to conduct E-Commerce?

• A business as a corporation or DBA
• Tax identification number
• Business checking or savings account
• Business address or PO Box in the United States
• Business phone line
• A Web site with an E-Commerce package and Shopping Cart software installed
• A computer connected to the Internet.

What’s the difference between E-Commerce and Mail Order?

The main difference between E-Commerce and mail order is the way the merchant receives orders. The merchant receives E-Commerce orders through any computer connected to the Internet. This usually is a computer in their office or store. 

Here are a few of the many advantages of E-Commerce:

• No order clerk is needed. The Shopping Cart software takes care of that.
• No waiting or busy signals for customers. The Shopping Cart can take multiple orders at the same time.
• Specials and sale items can immediately be displayed to the customers on the front page.
  

How is the Shopping Cart maintained?

• Everything is maintained through a computer (any computer) connected to the Internet. The Shopping Cart Manager manages the E-Commerce Shopping Cart.
• The E-Commerce package and Shopping Cart maintain product inventory and prices.
• The management system is password protected. Only authorized persons may access the E-Commerce package and Shopping Cart Manager.
  

What does it cost?

The Shopping Cart included with the E-Commerce package is FREE (normally $500). E-Commerce packages vary in price depending on the customer’s budget. See the E-Commerce cost sheet.

Can the E-Commerce package accept credit cards?

Yes, credit cards can be accepted two ways:

1. Through your existing credit card account. Orders are received on your computer from the Shopping Cart. You carry out the transaction through your existing credit card Merchant Account and processing terminal.
2. Through an online Merchant Account Payment Facility.

What’s an Online Merchant Account?

An online Merchant Account authorizes online credit card purchases. The E-Commerce Merchant Account processes the transaction (this happens at your Web Site in the Shopping Cart software) and deposits the money into your bank account.

How much does an E-Commerce Merchant Account cost?

Costs vary widely. See the Merchant Account cost sheet for typical costs.

How long does it take to setup E-Commerce?

About 2 weeks if you already have a domain name (like Amazon.Com or BuyMyStuff.Com) 

What If I Don’t Have A Domain Name?

It’s easy to get a domain name. And it doesn’t usually take much time.

E-Commerce Preparation

Understanding E-Commerce in Two Minutes