The High Cost of eCommerce: A Necessary Evil?

Jan 2
23:14

2024

Sandra Cobb

Sandra Cobb

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The first paragraph of this article provides a brief overview of the challenges faced by small businesses and entrepreneurs when establishing an online presence. The high costs and complexity of setting up and maintaining a website, creating content, and ensuring seamless navigation can be daunting. However, there are affordable eCommerce solutions that can help businesses get started online without breaking the bank.

The Struggles of Small Businesses in the Digital Age

As a web designer,The High Cost of eCommerce: A Necessary Evil? Articles I understand the time, effort, and resources required to register, design, and maintain a website. The process of creating engaging content and ensuring smooth navigation can be overwhelming. It's astonishing how complex and costly this process has become.

Many entrepreneurs and small businesses cannot afford to invest hundreds of dollars in establishing their online presence without any guarantee of success. The recent downfall of several well-known companies due to high expectations and overspending is a testament to this fact. However, it doesn't have to be this way.

Affordable eCommerce Solutions

If you're planning to sell products or services online, you don't necessarily need expensive shopping cart software or merchant accounts. You can start by setting up a few of your most popular items or services for online purchase. Once a customer makes a purchase, you can follow up with details on how to buy additional items.

There are affordable eCommerce solutions that can help you start doing business online without draining your resources. The first step is to determine how sophisticated your ordering process needs to be. Then, choose the option that best suits your business needs.

Option A - PayPal

Establish a Premier Account with PayPal. PayPal is a secure and reliable company with a credible reputation. I can personally vouch for them as I use their services regularly.

Benefits of Using PayPal:

  • Doing Business As: You can use a business name or your personal name, regardless of how your bank account is registered.
  • Low Cost: There are no monthly or setup fees. A small fee is deducted each time a transaction is processed.
  • Hassle-Free: They process all orders and notify you when payment is received.
  • Referral Bonus: You can earn a small cash bonus for qualified referrals you send to PayPal.

Features of PayPal:

  • Shopping Cart: Premium members can set up a shopping cart that links directly from their site to PayPal.
  • Send an Invoice: If your services or product prices vary, you can send customers an invoice from PayPal once the purchase price has been established.

Option B - eBay

Consider selling your products or services through eBay. You can accept checks and money orders by postal mail, or you can accept credit cards and checks using PayPal, or eBay’s version of PayPal - BillPoint. You can provide links to your site with each item you list for auction. You can also set up a reserve amount - the least dollar amount you will accept for your service or product. eBay also offers an affiliate program.

Option C - ClickBank

Sign up as a merchant with ClickBank. There are some fees involved, plus you have to determine what percentage of each sale that you will allow the referring site to earn. Affiliates with ClickBank can choose merchants they like (higher commission percentages do better) and then place links on their sites. There is a setup fee for merchants, but you'll also be providing your site a great deal of exposure. Plus, ClickBank allows you to accept credit cards and other methods of payment. You'll be setting up your own affiliate program!

Option D - Find a Host that provides Shopping Carts

Many hosting packages are set up with shopping carts with a buy feature. Do your homework. Check on the setup fees and the monthly fees. Make sure it’s a reputable company so you aren’t worried about your money transactions.

These are just some of the options available for setting up shop online without going broke. With some research, you're sure to find many more affordable solutions.