
Industry Trends
Stay ahead of the curve and understand today's trends.
E-Commerce Trends
I think we can agree that eCommerce is not a passing fad. With it's inception in the 1990's, and it's continued proliferation, it eCommerce has demonstrated to be a great way to shop for products and services. In contrast to the traditional brick and mortar stores, a shopper has the ability to quickly comparison shop many e-tailers within a matter of minutes.
Marketing
Google and Yahoo are now offering "pay-per-click" advertising. These ads appear
as links on the periphery of search engine results and sometimes on other sites
who choose to host the ads. You bid for priority placement, and every time your
ad is clicked, you are billed that amount.
Security
eCommerce has proven to be a safe and secure means to buying goods or
services. Sensitive personal information kept secure by SSL encryption.
This has been a proven standard for years to protect the information as it is
transferred through the Internet.
Sales Growth
Bizrate.com monitors the sales growth of online retailers. They say, the first
quarter of 2003 generated $12.84 billion in sales. The same period in 2002
produced $10.08 billion. That's an increase of 27%.
Online Exclusives
This past Christmas shopping season showed that many of the big online
eCommerce retailers are offering products exclusive to the Internet.
Furthermore, we saw how many products are on sale for certain time periods,
such as only on the Friday after Thanksgiving. We estimate that this is because
it is cheaper to offer products online vs stocking them in stores across the
country.
Starting an eCommerce Business
Electronic Commerce, or eCommerce, websites often do well in niche markets with
products that are out of the ordinary. These products are often hard to find in
traditional stores, but are easy to find online when doing a search with
Google. E-Commerce has continued to provide a low barrier of entry to
businesses starting out. Recurring costs are low: Hosting and domain
registration can cost less than $150 annually. Many traditional retailers
enhance their sales by offering their products online as well.
Grand Oak Technologies offers powerful and visually appealing eCommerce web sites. Our E-Commerce websites offer great administration pages, and many credit card processing options. The Grand Oak Technologies eCommerce framework is affordable and can be customized to fit your particular business needs.
How We Succeed:
- Success in Experience.
- Keeping your costs down so you can beat the competition.
- Proven ability to drive traffic.
- Secure first page search engine rankings.
- Understanding how online shoppers navigate and buy.
- Professional, intuitive design.
Affordability:
Grand Oak Technologies employs a powerful and
robust eCommerce framework that is customized to meet the needs of your
online store. Your eCommerce website can cost as little as $900 to
usually no more than $1700. We also identify very affordable hosting and
credit card processing solutions for you.
Free Consultation:
You are always welcome to contact us with
any questions. If you like what you see and hear, then Grand Oak
Technologies would like to offer you a free (no obligation) consultation to
discuss your eCommerce project. There's no need to wait...
Contact Us today!
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