10 Things You Must Do for Success in Ecommerce Business

Ecommerce is a vast growing industry and investment on ecommerce industry going very huge compare with past years.  Every business has started adding ecommerce in their business model to take their business into next stage of virtual world. 

Learning ecommerce business trick is not a rocket science, it only needs current market trend and focused view on what we are going to do.  Unfortunately, most of the start up companies and entrepreneurs forget to learn those things.  I would like to list some of the must do things for successful ecommerce business.

Must Do Things for Success in Ecommerce:

1. Select a good business name to your ecommerce business and that should be more professional and catchy. Because ecommerce business purely depends on the customers.
2. Find the right domain name for your ecommerce site and get it registered, Try to add some keyoword in your domain name, so that in SEO point of view, it would be easy to market your site online.
3. You must choose quality web hosting service provider. It should have at-least a SQL data base, and with server side scripting ,CGI scripting and 300 mb of space.
4. Important step on your ecommerce business is selecting right script to make your site. There are plenty of free open source ecommerce script and paid shopping cart script available online. Analyze the features of the script, have a demo and if possible chat with technical person before buying a script.
5. Creating Good data base is very important for ecommerce business.  Normally data base contains the following details of your business. a)Customer Data b)Ecommerce site product data c) Shopping cart content d)To integrate with other system
6. You must accept credit card payment for your ecommerce business. There will be a lot of chances to lose money if you do not accept credit card payment.
7. Transaction data should be maintained with more security. Use secure socket layer which encrypt data between customer, computer and web server.
8. Use proper payment gateway to check fraud verification in payment transaction.  It will help you to make sure that credit card is not stolen.
9. Have a merchant account and it will bring you safe transaction with banks.
10. Do not use your personal account for ecommerce business. Have a separate business bank account and accept your business payment via that account.

Hope my suggestion towards starting an ecommerce business will help you a lot. You guys can share your suggestions and ideas about ecommerce business if any.