ecommerce Flashcards

1
Q

what is ecommerce

A

Business on the internet

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2
Q

what you need to have a successful ecommerce business

A

What you need to have a successful ecommerce business
A website - Ecommerce business can gauge their success by viewing website hits
A domain name - should be short, easy to spell & easy to remember
Web pages - advertising what’s for sale, hire developers to look more professional
A way to process payments - ex. Paypal = online payment processor

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3
Q

what % of sales are made online

A

Only 15% of sales are made online, however, the ecommerce market is always growing, and growing quickly.

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4
Q

examples of common ecommerce businesses

A

Online business is frequently growing, frequently used services are:
Banking
Distance Education/Online Courses
Airline Bookings

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