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How to start an Online business?
If your business is selling non-virtual (physical) products like books or
CDs, your ecommerce solution package will require the use of an order
fulfillment service to handle the inventory control, customer service, and
shipping of your products after sale. Many ecommerce solutions providers
already offer this service to users. They make everything simple to
administer from a personal web interface. Shop around for them.
If you decide not to use one of these third party ecommerce solutions
providers, your business will need to acquire and implement all of the
following: Merchant Account A merchant account is a specialized business
bank account which allows you to accept credit card payments.
SSL Web Hosting You need a reliable web host with SSL server capability to
accept credit cards and send payment information securely. Most hosts
provide this for a reasonably low monthly or yearly fee.
Shopping Cart Software If you are selling more than a few products, use a
shopping cart program or other ecommerce software to keep track of items and
prices, calculate all included costs, and integrate with online payment
processing gateway for credit card verification.
Credit Card Processing Gateway In order to process a credit card to transfer
payment from your customer's bank account to your own.
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