The online shopping industry, or e-commerce, is a continuously growing and evolving marketplace. The .ECOM TLD offers a credible and intuitive namespace for all e-commercial businesses, whether brick-and-mortar, SME, or Fortune 500. Having a recognizable TLD like .ECOM works as form of marketing, because users are able to easily identify the purpose of a site by the extension used. .ECOM benefits not only businesses but customers and review forums as well.
eCommerce refers to any form of business transaction conducted online. The most popular example of eCommerce is online shopping, which is defined as buying and selling of goods via the internet on any device. However, eCommerce can also entail other types of activities, such as online auctions, payment gateways, online ticketing, and internet banking.
With Shopify, we've been able to create 3 customized web sites; NaykedApparel.com, NaykedPromos.com and NaykedWholesale.com that target three different demographic groups with unique buying habits. Shopify has enabled us to quickly and without a lot of coding experience, create unique shopping experiences that have resulted in increased sales for all 3 sites.
In the United States, the Federal Trade Commission (FTC) and the Payment Card Industry (PCI) Security Standards Council are among the primary agencies that regulate e-commerce activities. The FTC monitors activities such as online advertising, content marketing and customer privacy, while the PCI Council develops standards and rules, including PCI Data Security Standard compliance, which outlines procedures for the proper handling and storage of consumers' financial data.
On October 3, 2016, Shopify acquired Boltmade. In November 2016, Shopify partnered with Paystack which allowed Nigerian online retailers to accept payments from customers around the world. On November 22, 2016, Shopify launched Frenzy, a mobile app that improves flash sales. On December 5, 2016, Shopify acquired Toronto-based mobile product development studio Tiny Hearts. The Tiny Hearts building has been turned into a Shopify research and development office.
Fiverr – This is a “freelance services marketplace” that connects people (mostly entrepreneurs) with service providers who offer anything from graphic design and online marketing to translation and video development. As its name indicates, gig pricing on Fiverr starts at $5 USD, though depending on what you’re selling, that can go up to hundreds, even thousands of dollars.
The DoJ has revealed an unsealed indictment of eight defendants for crimes related to their involvement in widespread digital advertising fraud. The DoJ alleges the eight individuals were behind two global schemes, 3ve and Methbot, which stole tens of millions of dollars through a scam that used fake Web traffic and fake websites to reap ad view revenue from unwitting advertisers. [More...]
Hi Jeremy, Great review about Shopify. I am starting an ecomm site to sell costume jewelry. I currently have a wholesale business selling to most US department stores. While this is a high volume business at the wholesale level, I’m not really sure what to expect volume wise with an ecomm site selling directly to the consumer. I can envision (and hope) that this business could be fairly significant. I am not experienced with building ecomm sites at all, but am not afraid of technology. In your opinion, is Shopify the best platform to start this ecomm business with, or am I better off just hiring someone to build my website from scratch? I would appreciate any thoughts you might have.
At this stage, you’ll be itching to get the store out into the World Wide Web. However, make sure you’re well prepared to measure the success of your launch – defining your key performance indicators upfront will help you track your progress and performance and fix any issues as they emerge. Other important things to take care of include setting up your social media profiles, getting the email marketing ready, installing Google Analytics, doing keyword research, defining your shipping strategy and finalizing the launch promotion plan. Yes, that’s a lot of work, but a good start is half the job done. When you complete the checklist, try running your store through the Shopify store grader to catch errors if there are any.
With Shopify, they have a free app in their app store where you can use to sell digital products. So it’s probably preferable to use this option as then you should be able to use their reporting option in the Shopify dashboard to track your sales and related activities. With e-Junkie, it’s a very lean digital product tool but then it doesn’t integrate into Shopify’s system.
Do you wear makeup or know someone who does? Then you’re probably familiar with Michelle Phan, one of the earliest and biggest YouTube stars. Phan made her mark with sleek, fun makeup tutorials. She also made bank, translating her 8.9 million followers into a YouTube partnership and inking endorsement deals with Lancôme, L’Oréal and Dr. Pepper. There’s something else filmmakers should know about Phan. In 2014, dance label Ultra Records filed a massive lawsuit against her. The charge? Copyright infringement of their music! Copyright law can be confusing. It pays to know where to find royalty free music, or you could be paying a lot more down the road!
I am only going to start out with less than 5 colors of the same product. But it will be a personalized product. Will Shopify be able to set up that for me. For customers to upload a photograph? I want my online store to be a more social media content sharing their product that I am selling. Will the basic plan work for me? Or should I shoot for a customized plan?
My only question about Salesforce's recent revenue announcement is why the company described the vast majority of its nonprofessional services revenues as "subscription and support." Proserv revenues were appropriately small, at $224 million, while subscription and support was $3.17 billion, or 26 percent more than the same quarter a year earlier. Nice going, by the way. [More...]
I didn’t like how Woocommerce works and how indirect the fees can be, and unlike Shopify who had a very straightforward fee. But my business is not MAINLY about the products, it’s more of the community and the content which WordPress can properly handle better — in my opinion. The one thing I like about Shopify is the hosting, it’s faster than most WordPress sites (who usually have shared-hosting).