final assign of e commerce
TRANSCRIPT
-
8/2/2019 Final Assign of e Commerce
1/14
Business and revenue Model of Lignum VitaeLignum VitaeHard greenish-brown wood of the lignum vitae tree and other trees of the genus Guaiacum
Business ModelWe are going to select Auction business model and metamarket business model, and we will
continue with this model. We select this model because according to our understanding, we need
an E-commerce web site in which there is no actual purchasing process involved, and here is
simply a market place where buyer and seller can meet.
Business Model MetamarketsSwitchboard
Business Models Metamarkets Switchboard
CoreBenefits and Proposition
Single point of access for allneeds
Online
Offering
Either category specific of accesscategories
Key
Resources
Large, active customer base
Commitment to building
-
8/2/2019 Final Assign of e Commerce
2/14
Revenue Model Transaction fees
Product sales
Advertising
Affiliate deals
2
-
8/2/2019 Final Assign of e Commerce
3/14
Core Benefits and PropositionCore benefits of this web site are that we will work purely for used furniture in Pakistan.
Moreover, in current situation there are not allot of sites that are in purely working with used
furniture. According to current economic situation of Pakistan, here are allot of financial crises,
and every one facing it badly. People are not in the situation to purchase first hand furniture. In this
situation, we are offering used furniture sale and purchase point. Which will contribute allot in
Pakistans society. Another Core Benefits is that we are providing a platform to buyer and seller.
Where they can meet with each other, and seller sent there furniture and buyers can select furniture
according to there requirements
Our main benefits are that we are offering a large number of verities in used furniture like
1. Seating
Bench (furniture)
Chair
Chaise longue (A long chair; for reclining)
Footstool
Love seat (Small sofa that seats two people)
Settee (A long wooden bench with a back)
Sofa (couch)
Stool (type of chair)
Watchman's chair
2. Surface
Benches and Seating
Blanket Racks
3
http://en.wikipedia.org/wiki/Bench_(furniture)http://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Chaise_longuehttp://en.wikipedia.org/wiki/Footstoolhttp://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Watchman's_chairhttp://en.wikipedia.org/w/index.php?title=Benches_and_Seating&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Blanket_Racks&action=edit&redlink=1http://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Chaise_longuehttp://en.wikipedia.org/wiki/Footstoolhttp://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Watchman's_chairhttp://en.wikipedia.org/w/index.php?title=Benches_and_Seating&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Blanket_Racks&action=edit&redlink=1http://en.wikipedia.org/wiki/Bench_(furniture) -
8/2/2019 Final Assign of e Commerce
4/14
Coffee table
Curio Cabinets
Desk
Drawing board
Folding table
Game Tables
Gateleg table (drop-leaf table with the drop-leaves supported
by hinged legs)
Table
3. Sets
Bedroom set (group)
Dinette (group) (A small area off of a kitchen that is used
for dining)
Dining set (group)
4. Sleeping sets
Bed
Online OfferingWe will offer a market place where buyer and seller can meet. We will offer a place where seller
can place his /her product and buyer can access it with proper information mentioned by seller.
Major thing in this website it is that only registered members can access this thing. Either he want
to sell or purchase a product.
4
http://en.wikipedia.org/wiki/Coffee_tablehttp://en.wikipedia.org/w/index.php?title=Curio_Cabinets&action=edit&redlink=1http://en.wikipedia.org/wiki/Deskhttp://en.wikipedia.org/wiki/Drawing_boardhttp://en.wikipedia.org/wiki/Folding_tablehttp://en.wikipedia.org/w/index.php?title=Game_Tables&action=edit&redlink=1http://en.wikipedia.org/wiki/Gateleg_tablehttp://en.wikipedia.org/wiki/Table_(furniture)http://en.wikipedia.org/wiki/Bedroom_set_(group)http://en.wikipedia.org/w/index.php?title=Dinette_(group)&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Dining_set_(group)&action=edit&redlink=1http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Coffee_tablehttp://en.wikipedia.org/w/index.php?title=Curio_Cabinets&action=edit&redlink=1http://en.wikipedia.org/wiki/Deskhttp://en.wikipedia.org/wiki/Drawing_boardhttp://en.wikipedia.org/wiki/Folding_tablehttp://en.wikipedia.org/w/index.php?title=Game_Tables&action=edit&redlink=1http://en.wikipedia.org/wiki/Gateleg_tablehttp://en.wikipedia.org/wiki/Table_(furniture)http://en.wikipedia.org/wiki/Bedroom_set_(group)http://en.wikipedia.org/w/index.php?title=Dinette_(group)&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Dining_set_(group)&action=edit&redlink=1http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
5/14
Updating Sellers and BuyersWe will also update our seller/buyers through send latter (soft copy) on there email IDs. What ever
buyers like, he will send us his requirements, and when we found furniture according to there
requirements we will inform them. We will also update them with new arrivals by this he/she will
be update with market.
Large number offerWe are offering a large number of verities on our website like Seating, surface, sets, sleeping set.
And in which we are offering almost 25 different items.
5
ITEMS
Bench (furniture)
Chair
Chaise longue Footstool
Love seat SetteeSofa (couch)
Stool (type of chair)
Watchman's chair
Benches and Seating
Blanket Racks
Coffee table
Curio Cabinets
Desk
Drawing board
Folding table
Game Tables
Gateleg Table Bedroom set (group)
Dinette (group)
Dining set (group)
Bed
http://en.wikipedia.org/wiki/Bench_(furniture)http://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Chaise_longuehttp://en.wikipedia.org/wiki/Footstoolhttp://en.wikipedia.org/wiki/Love_seathttp://en.wikipedia.org/wiki/Setteehttp://en.wikipedia.org/wiki/Couchhttp://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Watchman's_chairhttp://en.wikipedia.org/w/index.php?title=Benches_and_Seating&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Blanket_Racks&action=edit&redlink=1http://en.wikipedia.org/wiki/Coffee_tablehttp://en.wikipedia.org/w/index.php?title=Curio_Cabinets&action=edit&redlink=1http://en.wikipedia.org/wiki/Deskhttp://en.wikipedia.org/wiki/Drawing_boardhttp://en.wikipedia.org/wiki/Folding_tablehttp://en.wikipedia.org/w/index.php?title=Game_Tables&action=edit&redlink=1http://en.wikipedia.org/wiki/Gateleg_tablehttp://en.wikipedia.org/wiki/Table_(furniture)http://en.wikipedia.org/wiki/Bedroom_set_(group)http://en.wikipedia.org/w/index.php?title=Dinette_(group)&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Dining_set_(group)&action=edit&redlink=1http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bench_(furniture)http://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Chaise_longuehttp://en.wikipedia.org/wiki/Footstoolhttp://en.wikipedia.org/wiki/Love_seathttp://en.wikipedia.org/wiki/Setteehttp://en.wikipedia.org/wiki/Couchhttp://en.wikipedia.org/wiki/Chairhttp://en.wikipedia.org/wiki/Watchman's_chairhttp://en.wikipedia.org/w/index.php?title=Benches_and_Seating&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Blanket_Racks&action=edit&redlink=1http://en.wikipedia.org/wiki/Coffee_tablehttp://en.wikipedia.org/w/index.php?title=Curio_Cabinets&action=edit&redlink=1http://en.wikipedia.org/wiki/Deskhttp://en.wikipedia.org/wiki/Drawing_boardhttp://en.wikipedia.org/wiki/Folding_tablehttp://en.wikipedia.org/w/index.php?title=Game_Tables&action=edit&redlink=1http://en.wikipedia.org/wiki/Gateleg_tablehttp://en.wikipedia.org/wiki/Table_(furniture)http://en.wikipedia.org/wiki/Bedroom_set_(group)http://en.wikipedia.org/w/index.php?title=Dinette_(group)&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Dining_set_(group)&action=edit&redlink=1http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
6/14
Key ResourcesEvery website have there own key resources, by which that can be succeed, in our website we have
allot of features by this we can survive in market with little effort.
SuppliersSuppliers are the major key resources of our website. With out suppliers No Physical or digital
business can run. Suppliers plays most important role in the betterment of any business. We will
attract our buyers through better and attractive front page and as a result when supplier (seller) will
knows that here are a large number of buyers then ultimately seller will motivates toward us.
Backline supportOur Backline support of this web site will be strong, because if we have a strong backline of
web site we can achieve more and more.
Attractive Front LineOur frontline of website will be attractive by this we can attract our visitors. We will attract our
buyers through better and attractive front page and as a result when supplier (seller) will knows
that here are a large number of buyers then ultimately seller will motivates toward us.
Brand NameOur name of website is easy, which our buyers and sellers can easily access us. Name of our brand
will be.
In future our name will promote us, people knows us with our name. so for that we select a very
unique name of our business Lignum Vitae
6
http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
7/14
Transaction processTransaction process is the main process of any website. By this web site owners earn profit. For
transaction section we will use third party whose name is Escrow.
Escrow will be more beneficial for us. Escrowwillnot only provide financial consultancy but he will
also gave the assurance of furniture. First of all buyer will place order, and pay to Escrow, then seller
will deliver the product to buyer, before that Escrow will check the furniture is it ok or not. If the
furniture is according to requirement then he will deliver the payment to seller and furniture to
buyer.
Revenue ModelWe have two parties in our business who are seller and buyer. Normally other e-commerce
websites charge both parties, but we are just charging membership fee to only seller. And buyer
can access us free of cost. By this we can target more and more buyers. And as a result if we have
a large number of buyers then ultimately sellers will be attracting more.
Our other main source of revenue will be advertising. Advertising plays main role of earning
revenue. We will invite different websites and other physical shops for advertise here.
One more source will be commission. Commission will be limited. Charging of commission will
be not on every purchase. We will charge commission on monthly 1st transaction and after that
every purchasing will be with out our commission. By this we will facilitate our buyers.
7
http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
8/14
PUNCH LINES of Lignum VitaePunch lines are written in such a way that customer will wherever read, will go for it, and will
definitely check the site that what it is offering and how it could be helpful for them.
Following are the Punch lines:
1. One click away from furniture market
2. Quality of furniture is here
3. Minimize your furniture search
4. All kind of furniture
5. Here is your furniture
These lines are thrown to attract the customers for the site.
8
http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
9/14
Domin nmaes for Lignum Vitae
9
Domain Names1. FurnitureFree.com
2. Furninishing-Furniture.com
3. UsedFurniture.com
4. freelignumvitae.com
5. lignumvitaefurniture.com
6. furniturelignumvitae.com
http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
10/14
Domain NamesHere are different domin nmaes, which are mentioned below. Naming a site after its domain name
is important, for the simple reason that when people think of your website, they will think of it by
name. There are just fewer things for your customers or visitors to remember. Moreover, you don't
seriously think that they will try to memorise an unrelated URL just because you want them to, do
you? The only people who will memorise it are you and your competitors who want to compare
your prices.
We select the Domain name on a this rule, our domain name shows that in which field we are, and
domain name will be short and easy. Short and easy domina name is easy to remember for website
visitor.
FurnitureFree.comHere is the first domain name of our website. Domain name that matches with your brand name is
very important. FurnitureFree.com domian name shows that exactelly in which business we are
dealing. It is short and easy domain name, which is easy and applicable. A person who will watch
this domain name, can easily judge that what exactely websit purpose is. This domian name is for
sale, and it is our first priority to start our business with this domain name. Because when people
think of your website, they will think of it by name. There are just fewer things for your customers
or visitors to remember. FurnitureFree.com will play a vital role in the success of our business,
because normally the used furniture purchasers search the websites through search engine with the
name of uaed furniture, free funiture ect, and it will be first priority of search engines to gave our
name on the top list.
10
http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
11/14
UsedFurniture.comHere is the second domain name of our website. Domain name that matches with your brand name
is very important. UsedFurniture.com domian name shows that exactelly in which business we are
dealing. This domian name is for sale, it is a common short and easy domain name, which is easy
and applicable. A person who will watch this domain name, can easily judge that what exactely
websit purpose is. And it is our second priority to start our business with this domain name.
UsedFurniture.com will play a vital role in the success of our business, because normally the used
furniture purchasers search the websites through search engine with the name of uaed furniture,
free funiture ect, and it will be first priority of search engines to gave our name on the top list.
Furninishing-Furniture.comHere is the third and last domain name of our website. Domain name that matches with your brand
name is very important. Furninishing-Furniture.com domian name shows that exactelly in which
business we are dealing. It is a very common short and easy domain name, which is easy and
applicable. A person who will watch this domain name, can easily judge that what exactely websit
purpose is. This domian name is not in use, which we can used for our business easily and it is our
last priority to start our business with this domain name. Because it is little, bit difficult to write.
Although this domian name shows directly that what is exactelly business.
Furninishing-Furniture.com will play a vital role in the success of our business, because normally
the used furniture purchasers search the websites through search engine with the name of uaed
furniture, free funiture and furnished furniture ECT, and it will be first priority of search engines to
give our name on the top list.
11
http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture) -
8/2/2019 Final Assign of e Commerce
12/14
References:
http://searchsecurity.techtarget.com/tip/CRLF-injection-attacks-How-they-work-and-what-to-do-about-them
http://www.besthostinghq.com/tag/clrf-injection/
http://support.microsoft.com/kb/252985
http://webhostinggeeks.com/blog/2011/08/04/secure-shell-security-tips/
http://www.pakistan-classifieds.com/forsale-112-0/FORSALE/Furniture.html
http://www.share.com.pk/index.php/ad-category/old-furniture/
AOL Inc.(NYSE:AOL, previously known as America Online, stylized as "Aol." but commonly written AOL and
pronounced as aninitialism) is an American global Internet services and media company.[3][4] AOL is headquartered at
770 Broadway in New York.[5][6] Founded in 1983 as Control Video Corporation, it hasfranchised its services to
companies in several nations around the world or set up internationalversions of its services.[7] AOL is headquartered
in New York City, but has many offices throughout cities in North America, such as Atlanta, Baltimore, Beverly Hills,
Boston, Chicago, Detroit,Dulles,Mountain View, San Francisco, and Toronto. London and Tokyoare its foreign
offices. As of December 2011, it serves 3.3 million paid subscribers.
AOL is best known for its onlinesoftware suite, also called AOL, that allowed customers to access the world's largest
"walled garden"online community and eventually reach out to the Internet as a whole. At its prime, AOL's
membership was over 30 million members worldwide,[8]most of whom accessed the AOL service through the AOL
software suite. The company has claimed that it had 34 million subscribers at its peak, although an undisclosed
portion were using free hours.[9]
In 2000 AOL andTime Warnermerged under the name AOL Time Warner. The merger was not fruitful and on May
28, 2009, Time Warnerannounced that it would spin offAOL into a separate public company. The spinoff occurred
on December 9, 2009,[10] ending the eight-year relationship between the two companies
SSL Security SolutionsOnline security is essential to conducting business online and it's foremost in the minds of your customers.All of the following SSL Certificates come with 'https' in your Web site address and a closed padlock symbol inyour browser window to assist with displaying the confidence both you and your customers should have whentransacting on your website.
12
http://en.wikipedia.org/wiki/Bed_(furniture)http://en.wikipedia.org/wiki/Bed_(furniture)http://searchsecurity.techtarget.com/tip/CRLF-injection-attacks-How-they-work-and-what-to-do-about-themhttp://searchsecurity.techtarget.com/tip/CRLF-injection-attacks-How-they-work-and-what-to-do-about-themhttp://www.besthostinghq.com/tag/clrf-injection/http://support.microsoft.com/kb/252985http://webhostinggeeks.com/blog/2011/08/04/secure-shell-security-tips/http://www.share.com.pk/index.php/ad-category/old-furniture/http://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://www.nyse.com/about/listed/quickquote.html?ticker=aolhttp://en.wikipedia.org/wiki/Initialismhttp://en.wikipedia.org/wiki/Initialismhttp://en.wikipedia.org/wiki/AOL#cite_note-2http://en.wikipedia.org/wiki/AOL#cite_note-2http://en.wikipedia.org/wiki/AOL#cite_note-3http://en.wikipedia.org/wiki/AOL#cite_note-4http://en.wikipedia.org/wiki/AOL#cite_note-4http://en.wikipedia.org/wiki/AOL#cite_note-GoldfarbHQMove-5http://en.wikipedia.org/wiki/Franchisinghttp://en.wikipedia.org/wiki/Franchisinghttp://en.wikipedia.org/wiki/Version_numberhttp://en.wikipedia.org/wiki/Version_numberhttp://en.wikipedia.org/wiki/AOL#cite_note-6http://en.wikipedia.org/wiki/Atlantahttp://en.wikipedia.org/wiki/Baltimorehttp://en.wikipedia.org/wiki/Beverly_Hillshttp://en.wikipedia.org/wiki/Beverly_Hillshttp://en.wikipedia.org/wiki/Dulles,_Virginiahttp://en.wikipedia.org/wiki/Dulles,_Virginiahttp://en.wikipedia.org/wiki/Dulles,_Virginiahttp://en.wikipedia.org/wiki/Mountain_View,_Californiahttp://en.wikipedia.org/wiki/Mountain_View,_Californiahttp://en.wikipedia.org/wiki/Mountain_View,_Californiahttp://en.wikipedia.org/wiki/Tokyo,_Japanhttp://en.wikipedia.org/wiki/Tokyo,_Japanhttp://en.wikipedia.org/wiki/Onlinehttp://en.wikipedia.org/wiki/Software_suitehttp://en.wikipedia.org/wiki/Software_suitehttp://en.wikipedia.org/wiki/Walled_garden_(technology)http://en.wikipedia.org/wiki/Walled_garden_(technology)http://en.wikipedia.org/wiki/Online_communityhttp://en.wikipedia.org/wiki/AOL#cite_note-lessbemore-7http://en.wikipedia.org/wiki/AOL#cite_note-lessbemore-7http://en.wikipedia.org/wiki/AOL#cite_note-lessbemore-7http://en.wikipedia.org/wiki/AOL#cite_note-pcworld.com-8http://en.wikipedia.org/wiki/Time_Warnerhttp://en.wikipedia.org/wiki/Time_Warnerhttp://en.wikipedia.org/wiki/Time_Warnerhttp://en.wikipedia.org/wiki/Time_Warnerhttp://en.wikipedia.org/wiki/Corporate_spin-offhttp://en.wikipedia.org/wiki/AOL#cite_note-9http://www.networksolutions.com/SSL-certificates/index.jsphttp://www.networksolutions.com/SSL-certificates/index.jsphttp://www.networksolutions.com/SSL-certificates/index.jsphttp://searchsecurity.techtarget.com/tip/CRLF-injection-attacks-How-they-work-and-what-to-do-about-themhttp://searchsecurity.techtarget.com/tip/CRLF-injection-attacks-How-they-work-and-what-to-do-about-themhttp://www.besthostinghq.com/tag/clrf-injection/http://support.microsoft.com/kb/252985http://webhostinggeeks.com/blog/2011/08/04/secure-shell-security-tips/http://www.share.com.pk/index.php/ad-category/old-furniture/http://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://www.nyse.com/about/listed/quickquote.html?ticker=aolhttp://en.wikipedia.org/wiki/Initialismhttp://en.wikipedia.org/wiki/AOL#cite_note-2http://en.wikipedia.org/wiki/AOL#cite_note-3http://en.wikipedia.org/wiki/AOL#cite_note-4http://en.wikipedia.org/wiki/AOL#cite_note-GoldfarbHQMove-5http://en.wikipedia.org/wiki/Franchisinghttp://en.wikipedia.org/wiki/Version_numberhttp://en.wikipedia.org/wiki/AOL#cite_note-6http://en.wikipedia.org/wiki/Atlantahttp://en.wikipedia.org/wiki/Baltimorehttp://en.wikipedia.org/wiki/Beverly_Hillshttp://en.wikipedia.org/wiki/Dulles,_Virginiahttp://en.wikipedia.org/wiki/Mountain_View,_Californiahttp://en.wikipedia.org/wiki/Tokyo,_Japanhttp://en.wikipedia.org/wiki/Onlinehttp://en.wikipedia.org/wiki/Software_suitehttp://en.wikipedia.org/wiki/Walled_garden_(technology)http://en.wikipedia.org/wiki/Online_communityhttp://en.wikipedia.org/wiki/AOL#cite_note-lessbemore-7http://en.wikipedia.org/wiki/AOL#cite_note-pcworld.com-8http://en.wikipedia.org/wiki/Time_Warnerhttp://en.wikipedia.org/wiki/Time_Warnerhttp://en.wikipedia.org/wiki/Corporate_spin-offhttp://en.wikipedia.org/wiki/AOL#cite_note-9http://www.networksolutions.com/SSL-certificates/index.jsphttp://www.networksolutions.com/SSL-certificates/index.jsp -
8/2/2019 Final Assign of e Commerce
13/14
) Credit card processing
If you were only going to offer one online payment option to prospective buyers, (which I strongly discourage!) this
would be the one to choose. Credit cards are still the most popular way to pay for goods and services online.
To set up credit card processing on your website, (MasterCard, Visa, American Express, Discover), you need to getanInternet merchant account.
You can get an Internet merchant account through your local banks. Notice I say banks; to get credit card processing
of all the major credit cards on your website you may need to get Internet merchant accounts with two separate
banks as many banks only deal with some of the credit cards involved.
You can also get an Internet merchant account through a third party merchant account provider, such as
Beanstream, Moneris, PSiGate or InternetSecure.
The advantages of getting an Internet merchant account through a third party merchant account provider are that
most don't require any security deposits (unlike banks), are quickly set up, and often can be bundled withecommerce service packages that include the Internet gateway you need for online credit card processing (Web
point-of-sale) and a shopping cart.
The disadvantage is higher fees. Discount fees in particular tend to be higher than if you had set up your Internet
merchant accounts through the banks.
Wherever you get your Internet merchant account, you will have to also purchase an Internet gateway service. The
gateway verifies information, transfers requests and authorizes credit cards in real time. All four of the companies
I've mentioned above offer these credit card processing services as well, but there are many others that do too
including PayPal.
2) PayPal
PayPal is now also an all-in-one online payment solution. Their Website Payments Standard program lets you accept
Visa, MasterCard, Discover, and American Express credit card payments as well as bank transfers and offer PayPal as
well with no monthly fees, setup or cancellation fees. PayPal charges you a fee of 1.9 to 2.9 percent of transaction
plus 30 cents per order, depending on your company's sales volume.
PayPal also offers an upgraded version of Website Payments Standard called Website Payments Pro, where customers
check out right on your site rather than on PayPal's (currently available only in the U.S.).
They also offer a PayFlow Gateway and PayPal Express Checkout for businesses that already have Internet merchantaccounts.Compare PayPal services here.
3) Debit Cards
The debit card is the preferred method of payment for one out of two Canadians and there are more than 35 million
debit cards in circulation in Canada, according to the Interac Association. In 2006, Canadians made more than three
13
http://sbinfocanada.about.com/od/onlinebusiness/g/merchantaccount.htmhttp://sbinfocanada.about.com/od/onlinebusiness/g/merchantaccount.htmhttp://sbinfocanada.about.com/od/onlinebusiness/g/merchantaccount.htmhttps://www.paypal.com/us/cgi-bin/webscr?cmd=_profile-comparison&nav=2.0.7https://www.paypal.com/us/cgi-bin/webscr?cmd=_profile-comparison&nav=2.0.7http://sbinfocanada.about.com/od/onlinebusiness/g/merchantaccount.htmhttps://www.paypal.com/us/cgi-bin/webscr?cmd=_profile-comparison&nav=2.0.7 -
8/2/2019 Final Assign of e Commerce
14/14
billion Interac Direct Payment transactions worth $148 billion and the number of debit card payments grows about
five per cent every year in Canada. ("Debit Card Use Rising on Target", CBC.)
With numbers like that, this is an online payment option you definitely want to offer your customers if youre selling
online.
Interac Online is one option that allows your customers to pay for goods and services online directly from theirbank accounts. It's convenient and secure for customers because they don't have to share any of their card numbers
or financial details when making a purchase; payment is completed through their own financial institutions.
To start offering Interac Online on your website, you have to go through one of their certified acquirers or online
payment service providers, such as Beanstream, Moneris, Internet Secure, iCongo or PsiGate. Here's their
currentlist of online payment service providers.UseMyBank is another Canadian company that provides online debit payment services. Like Interac Online,buyers use their existing Online Banking bill payment service with their own bank to pay for your goods or services
online and the payment is directly debited to the selected bank account.
UseMyBank fees "will be assessed upon activation of account" according to their website. A discount rate of 1.5% to
5% and a minimum $1.50 fee per transaction are posted. There is also an account fee. To get started using
UseMyBank on your website, apply directly through the UseMyBank website.
4) Give Them Offline Payment Options Too
Some of your potential customers are people who just aren't comfortable with any of the online options outlined
above or people who want to talk to a live person. If you want to fully monetize your website and make all the sales
that you can, it's important that you give these people ways to pay too. Include a toll-free number and an order form
that customers can fill out and email or snail mail if they prefer.
The More Online Payment Options the Better
The success of your online business depends on sales. So why deliberately decrease your sales potential by limiting
the ways potential customers can pay for your products and/or services online? Make as many sales as you possibly
can by offering as many online payment options as possible on your site.
Alibaba Group (simplified Chinese: ; traditional Chinese: ; pinyin:lbb Jtun) is
aChinese investmentholding company. The company, together with itssubsidiaries, are engaged in the provision of
software, technology and other services on the online business-to-business (B2B) marketplaces with the uniform
resource locators www.alibaba.com, www.1688.com and under the trade name Alibaba (the B2B services).
The company also provides other Internet based services, such assoftware applications,domain
nameregistration,Website hosting and solutions, email hosting and technology-related consulting services on variousmarketplaces and platforms. It operates its business in the Peoples Republic of China.
14
http://www.cbc.ca/consumer/story/2007/12/28/debit-cards.htmlhttp://www.cbc.ca/consumer/story/2007/12/28/debit-cards.htmlhttp://www.interac.ca/merchants/productsandservices_ol_main.phphttp://www.interac.ca/merchants/productsandservices_ol_providers.phphttp://www.interac.ca/merchants/productsandservices_ol_providers.phphttp://www.interac.ca/merchants/productsandservices_ol_providers.phphttp://www.usemybank.com/index.asphttp://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/Subsidiarieshttp://en.wikipedia.org/wiki/Subsidiarieshttp://en.wikipedia.org/wiki/Business-to-businesshttp://en.wikipedia.org/wiki/Software_applicationshttp://en.wikipedia.org/wiki/Software_applicationshttp://en.wikipedia.org/wiki/Software_applicationshttp://en.wikipedia.org/wiki/Domain_namehttp://en.wikipedia.org/wiki/Domain_namehttp://en.wikipedia.org/wiki/Domain_namehttp://en.wikipedia.org/wiki/Domain_namehttp://en.wikipedia.org/wiki/Website_hostinghttp://en.wikipedia.org/wiki/People%E2%80%99s_Republic_of_Chinahttp://www.cbc.ca/consumer/story/2007/12/28/debit-cards.htmlhttp://www.interac.ca/merchants/productsandservices_ol_main.phphttp://www.interac.ca/merchants/productsandservices_ol_providers.phphttp://www.usemybank.com/index.asphttp://en.wikipedia.org/wiki/Chinahttp://en.wikipedia.org/wiki/Holding_companyhttp://en.wikipedia.org/wiki/Subsidiarieshttp://en.wikipedia.org/wiki/Business-to-businesshttp://en.wikipedia.org/wiki/Software_applicationshttp://en.wikipedia.org/wiki/Domain_namehttp://en.wikipedia.org/wiki/Domain_namehttp://en.wikipedia.org/wiki/Website_hostinghttp://en.wikipedia.org/wiki/People%E2%80%99s_Republic_of_China