Check out the new modified associate central page. Like being said earlier, Amazon generates around 40% of the sales through associates and third party sellers, and Amazon associates couldn't be more happier as they are introduced to a whole new associate central page.
The new feature that is being added to the associate central page is the 'site stripe.' The site stripe lets you link to any page on Amazon, and thus you can update your website more frequently with less clicks. Above all, the new associate central page is much more user friendly.
E-commerce is a way of buying and selling of products and services through the internet. The transaction can be by means of electronic fund transfer(EFT), electronic data interchange(EDI), internet marketing etc. When the internet initially was open to the public in 1991, many of the e-commerce businesses started having their products or services being listed through the world wide web. When the use of internet started rising at a fast rate and people were flocking to the internet in search of products and services, e-commerce business started to flourish. Statistics suggest that the most popular items being sold through internet are office supplies, music CDs, electronics, computers, books etc. So many of the top e-commerce business companies focused their attention in a way that attracted a huge number of customers.
With the arrival of giants such as eBay and Amazon, e-commerce business became widely accepted. Like being said earlier, people were in search of products and services and Amazon which is considered to be the largest online retail store provides a wide range of products. Apart from Amazon, companies such as Dell, Staples, Office Depot, and Hewlett Packard all have contributed to the success of e-commerce business at large and are considered to be the top online retail stores at present.
Dell is a multi-national company that deals with sales, manufacture, and development of personal computers. The advantage of Dell.com is that it allows its visitors to assemble PC parts piece by piece depending on their budget. So, in a way Dell is actually providing the customer the right to choose what is best. In 2008, Fortune magazine ranked Dell as the 34th largest company in the Fortune 500 list.
How effective is an e-commerce business
A catchy website with a good product description is all that matter for an e-commerce business, provided you are promoting it in the right sense. When I say catchy, it doesn't mean that the website should look posh. Keep the website as simple as you can. It is content within the website that matters more than anything else and especially for an e-commerce website, it is the product itself that matters.
Why people are getting involved in e-commerce business is due to the fact that they can purchase any product online from anywhere around the world, thus, not wasting their time and energy by having to go to a shop or mall for purchase. Moreoever, an online store provides a wide selection for the customer at a reasonable price.
When people intend to purchase online, the first and foremost thing that they lookout for is product description and brand name. A well-detailed description of the product is very much important as the customer should know the benefits and usage of the product. So, what if the customer wishes to buy the product. This is where product shipping comes into play and it is as important as product description. There are so many e-commerce businesses out there and these websites try to maintain a customer-friendly relationship by delivering the product at the right time. If the customer feel that there will be some kind of a delay in shipment of the product, they will go in search for the next competitor site that provides a much better shipping option.
Why Promote an E-commerce Website to make money Millions of people are browsing through the net in search of information, products, services; and I should say that net users are increasing in number at a rate of 60,000 per day. As internet is considered as one big massive ocean with lots of fish around, people rely on internet for their daily activities.
What is it that we actually come across while searching through the internet, most probably a website offering some product or service. In a way these websites are actually trying to sell their information as a whole to a vast majority of the people and they know that internet is the best place to advertise. As technology is on the rise, internet advertising has taken on a whole new meaning and will most likely surpass television advertising.
Imagine if you can set up an ecommerce website of your own that can generate massive profit. Since the arrival of the internet, online shopping has taken a big boost as the so-called e-commerce websites started providing quality products and services at a much better price comparison. So people started doing their business online as it turned out to be pretty effective.
There are so many e-commerce business out there, and let me tell you, competition is tough. So what is it that these e-commerce giants do in order to stay ahead of the competition. One way is that they actually allow promotion of their products or services so that they can target still a wider range of customers. Most of the top companies provide you with an e-commerce website with all the necessary tools. The main benefit of promoting an e-commerce business is that you can still concentrate on other online business that you are dealing with as you are not getting involved in any shipping or inventory. Everything is being taken care off by the company with whom you are a member. You just have to generate traffic to your e-commerce website and make sales, which gradually results in you getting paid. It is better to promote a niche of your own as many of the top online stores such as eBay and Amazon has got a wide selection of products for various categories, and this business is considered pretty effective and useful in building up an online income.
Amazon - Largest Online Retail Store The company was found by Bezos in 1994 and went public in 1995. Initially, the company was named Cadabra, which started as an online book store providing a wide collection of books, but as the company started progressing slowly and steadily, Bezos renamed it as Amazon after the world's largest river.
The success of Amazon largely depend on its world class order system and money-back guarantee. Amazon has always tried to maintain a customer-friendly relationship and this laid the foundation of its first stepping stone to success. If you feel that the purchase of a product hasn't gone smoothly as planned, you can request for a full refund and Amazon is more than happy to help you. It is estimated that the domain name Amazon.com actually attracts around 615 million customer annually. With over 16 million items up for sale and over 8 million customers worldwide, Amazon is rising in a way beyond our expectation.
The biggest feature of Amazon is the ability to rate and review product. The product can be rated on a rating scale of 1 to 5. So, higher the rating more likely it gets sold through Amazon. About 40% of the sales being generated come from Amazon's affiliate program and third party sellers, who list and sell products through the website. Amazon is considered to be the first e-commerce website to start an affiliate marketing campaign, which has played a huge role in its success. Amazon has even received the 'Best Customer Satisfaction Award' for the internet category along with eBay. While many of the top business companies crashed after the dot com collapse in 2000, Amazon maintained its position in the market and was steadily progressing, which marked its growth to success.
Amazon tied hands with Facebook and announced its new Facebook application:
Amazon Giver - Amazon Giver displays your wishlist on your friends facebook. In this way, your friends can buy those gifts for you even without leaving the facebook.
Amazon Grapevine - Whenever you write a review or rate a product, it shows up on your friends facebook.
You can promote the products and services being listed by Amazon by becoming an Amazon associate. Amazon provides its associates with all the necessary tools to get started. Once you are approved, you can feature Amazon's widgets, banner etc. in your own website or blog. Amazon's biggest feature for its associate is the astore. The astore feature is considered to be pretty useful as it is like a mini-website featuring Amazon's products and goes well alongwith Google Adsense program.
The Rise of eBay eBay is an online auction website, which was found by a computer programmer named Omidyar in 1995. The company initially went public in 1996. It was first termed as 'AuctionWeb' which was later changed to eBay. Everything being listed generate sales within no time and eBay has even ranked #1 in U.K by webpage views forcing Google next to the list.
The amount of traffic eBay generates largely attributes to the customer satisfaction. Anything and everything can be sold online as long as it is not illegal and does not violate eBay policy. Lets say this, if you are looking to make money online try selling through eBay as you can expect sales to be done in a matter of minutes. Anything even from a broken piece to top brand products are being put up for auction on eBay. If your product is worth $30 and you decide to put this up for auction on eBay, you can expect your product to be sold for a minimum of atleast $200-$300. This is the power eBay generates and this is what that has brought them to stardom. Even many top companies such as IBM, DELL, Disney use eBay to promote their products. Each and every item being put up on eBay matches with the individual interest of all sorts of people and eBay provides a much better price comparison and purchasing convenience. The items or services may range from collectibles, furnishings, computer, vehicles, clothing, accessories, and more.
eBay is just an online auction website and the company does not indulge in the dealing between the buyer and the seller. It is up to the customer to search for the right product from the right seller. Since there are millions of users and millions of items that are being sold on eBay, eBay maintains its reputation by providing feedback option. If the deal went smoothly, a positive feedback can be given by either party (buyer or seller) or else a negative feedback. So in this way, eBay keeps its reputation up and minimizes its fraudulent activities.
Benefits of Shopping through eBay
Like being said earlier, better price comparison and purchasing convenience is what drives massive traffic to eBay. eBay has around 2 million items being put up for auction daily. Since eBay is an online auction website, sale is being done by placing bids. You place bids for products that you intend to purchase online and you are in no way forced to buy. If the closing price for the particular product is high, consider dropping your option of buying; however, someone else with a keen interest to buy the product will place a higher bid and end the sale.
Like Amazon, eBay also provides an excellent opportunity for customers who do like to earn by promoting eBay products by becoming an eBay affiliate. Always consider having a niche of your own that can drive massive traffic. BANS(Build a Niche Store) is specifically designed for eBay affiliates to promote eBay products. Other sites such as EZAWB(EZ Affiliate Website Builder) are pretty useful too.
