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Running an E-commerce Website in 2014

Running an E-commerce Website in 2014

It is becoming increasingly convenient to shop online. The simple fact that people are now using their mobile phones to shop online is proof enough. While commuting home from work, they use the Wi-Fi networks in the subway, for instance, so that they can order the things they need. They pay for them using their PayPal account (or some other online payment account), and when they get home, the things they need are waiting for them.

Retail is evolving and traditional shopping is expected to be a thing of the past in a not-that-distant future. Even clothes, the things you need to try on before purchasing, can be ordered online, since most companies that do this have a well-established system by which you can check whether or not what you are purchasing will fit your body.

Bearing this in mind, one has to agree that if you want to sell something, be it a product or a service, you have to have a website. Period! Without it, you will soon be lost in the sea of competition and you will find yourself facing bankruptcy issues. Here are the major points to consider to set up and run a successful e-commerce website in 2014.

Getting started: Design

Web design image

    The starting point of every website is its design. It can be extremely challenging to establish that. 2013 website design trends indicate a minimalistic approach. If you go for a flashy design that is filled with images, links, loads of pages, videos and so on, chances are that your visitors will get confused and they will simply close your site’s tab and move on to something else.

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    Your homepage is what matters most. It should feature your logo, one great big high-definition image (or a slider with HD imaging) that represents what you do, your basic info written in a cool and easily readable font, some contact info in the footer and that’s it. The header of your site should have links that lead to your other pages. You see, if your homepage looks simple and concrete, when your viewers see it, they will want to learn more and they will stay on your site. You can check out some pretty cool designs here.

    Your products page is another very important page and this one has to be well organized as well. You should have categories and the products should be listed in those categories. Each product has to have an image (sometimes several images), a description and a price. When it comes to pricing, you should make sure that you use a secure online payment method. To read more about this topic, follow this link.

    When it comes to shipping, make sure that you provide your readers with valuable shipping information. They have to be informed about that. Also, use a stable and valid shipping company. Try to find someone who has been in the business for a long time and who knows his or her job well. A lot of packages get damaged while shipping and that is something you will want to avoid.

    Make sure that you don’t forget to add a contact page so that your customers can ask for more information, and even more importantly, do not forget to answer their questions as soon as you can. The first rule of retail is that the customer is always right.

    Moving on: Functionality

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    Functionality image

      The next item on the agenda is functionality. Let us presume that you have a cool-looking website and that you are happy with it. That site will be worth nothing if it is not functional, fast loading and well programmed. It will also be unusable if it is not responsive. As mentioned above, more and more people are switching from their PCs and laptops to mobile phones and tablets for online activity. Your website has to be accessible via these devices as well. Also, with the launch of the new iPhone’s retina display, you have to ensure that your site is, as they say, retina-ready. So, your web designers and developers have to be well informed, they have to follow the newest trends and they have to be ready for everything.

      A website’s functionality is a pretty grand topic and there is a lot of talk about it on the net. To get you started, here are some useful articles that might help ease the process.

      Your Domain

      internet browser

        Registering a domain can be quite a pickle, as they say. You see, the net is full of websites – millions upon millions of them. The chance that someone registered the exact domain name you were looking for is high. This can be quite a problem since, frankly speaking, your domain name is very important. It should be relevant, original and related to your business. If you already have a name in mind, you should check and see whether or not it is already taken. Some experts suggest that if it is, you should consider going as far as changing the name of your firm, so that it corresponds with an available domain name.

        You should check out this link, where you will find the top sites for registering a domain in 2013. Dwell on this for some time and make the right decision.

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        Hosting

        When all the things above are done right, it is time to find appropriate hosting. For start, here’s a low-cost hosting guide for those who are looking for a cheap and reliable hosting service for their e-commerce website.

        Generally speaking, there are two types of hosting – shared and dedicated hosting. Here is the difference between the two:

        1. Shared hosting features one great big server computer that functions as a host for several websites.
        2. Dedicated hosting features one great big server computer that functions as a host for just one website.

        Logically, the second option is the thing to go for. It will be more expensive, of course, but if you go for shared hosting, chances are that a lot of things will go wrong. These machines tend to get overloaded and this can have a very bad result. You can even end up losing a lot of clients. As the owner of an e-commerce website, you will probably have a lot of resources there (images, videos, loads of text, etc.), which will make it difficult for a shared hosting server to function. So, if you have just one server that is dedicated for your site and your site only, you can be sure that things will run smoothly and you won’t have to worry at all.

        Promotion

        Now, that you have your site up and running, it is time to let people know that your site is out there. After all, what good is website if no one visits it? This is where search engine optimization (SEO), search engine marketing (SEM) and social media marketing (SMM) come into play. The goal of these practices is to make your site recognized by Google and other search engines, so that people can find it and visit it.

        You have to be aware that this is a process that takes time. For instance, amongst other things, you will have to write various articles related to your business and you have to post them on various relevant blogs, which will bring traffic to your site. Furthermore, you will have to register your company on various social media platforms (Facebook, Google+, Twitter, etc.) and you will have to provide your readers or followers with relevant, up-to-date content at all times. So, apart from taking a long time initially, this process never stops – the more you grow, the more things you will need to do.

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        Promotion social media image

          Also, you should not only promote your site online, but offline as well. Make sure that you have a link to your site printed on any and all promotional material you have at your disposal.

          This is yet another very popular topic on the net – meaning that a lot of people posted a lot of relevant articles recently.

          Let’s wrap it up

          As you can see, running an e-commerce website is no walk in the park, but if you do everything as outlined above, your efforts will be worth it. The retail industry is changing and people are realizing that they have the world in their pocket: they just take their phone out and presto – everything is there. Who knows what e-commerce will represent in 20 years or so, given the fact that it was a “fairytale” 20 or 30 years ago? It is up to you to follow the trends! Good luck!

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          Ivan Dimitrijevic

          Ivan is the CEO and founder of a digital marketing company. He has years of experiences in team management, entrepreneurship and productivity.

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          Last Updated on January 2, 2019

          How Personal Finance Software Helps You Get More Out of Your Money

          How Personal Finance Software Helps You Get More Out of Your Money

          Do you know what mental health experts point to as the biggest cause of stress in the United States today? If you said “money,” then ding, ding, we have a winner!

          Three out of four adults today report feeling stressed out about money at least part of the time. People are either worried about not having enough money or whether they’re putting the money they do have to use in the best possible way.

          Your money is either in charge of you or you’re in charge of it, there’s no middle ground. Using some type of personal finance software can help alleviate some of that money stress and better allow you to manage your money effectively. Without it, you may just be setting yourself up for constant financial worry. Life is already tough enough and there’s no need to make it more difficult by simply hoping your money issues will all work out in your favor. Hint: they won’t.

          This guide will help you to understand how personal finance software can better assist with both accomplishing long term financial goals and managing day-to-day aspects of life.

          Whether it’s tracking the savings plan for your child’s college fund or making sure you won’t be in the red with the month’s grocery budget, personal finance software keeps all this information in one convenient place.

          What Exactly is Personal Finance Software?

          Think of it like the dashboard in your car. You have a speedometer to tell you how fast you’re going, an odometer to tell you how far you’ve traveled, and then other gauges to tell you things like how much gas is in the tank and your engine temperature. Personal finance software is essentially the same thing for your money.

          When you install this software on your computer, tablet, or smartphone, it helps to track your money — how much is going in, how much is going out, and its growth. Most personal finance software programs will display your budget, spending, investments, bills, savings accounts, and even retirement plans, levels of debt, and credit score.

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          How It Leads to Financial Improvement

          It shouldn’t come as a surprise, but people who regularly monitor their finances end up wealthier than those who don’t. When you were a kid, keeping track of all of your money in a porcelain piggy bank was pretty easy. As we get older, though, our money becomes spread out across things like car payments, mortgages, retirement funds, taxes, and other investments and debts. All of these things make keeping track of our money a lot more complicated.

          Some types of personal finance software can help make things a little less complicated, setting you up to meet financial goals and taking away some of the stress associated with money.

          Even if you already have a Certified Financial Planner (CFP) some type of personal finance software can be of great benefit. Whereas CFPs focus on the big picture of your money, they don’t handle the day-to-day aspects that determine your overall financial health.

          It’s also not nearly as complicated as you might think and can take out a lot of the tedium that comes with doing everything on an Excel spreadsheet or with a pad and pencil.

          Types of Personal Finance Software

          When it comes to personal finance software, it generally fits into two categories: tax preparation and money management.

          Tax preparation software such as Turbo Tax and H&R Block’s software can help with everything from filing income taxes to IRS rules and regulations and even estate plans. Plus, there’s the benefit of filing online and getting your refund check a lot faster than if you were to mail off your forms after waiting in line at the post office.

          For the purpose of this article, however, will be focusing more on the personal finance software that aids with money management.

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          Money management personal finance software will help you to see the health of your cash flow, pay down debt, forecast for expenses and savings, track investments, pay bills, and do a host of other things that 30 years ago would have practically required a team of accountants.

          When to Use Personal Finance Software

          So far we’ve gone over what exactly personal finance software is and how it can be a benefit to your money. The next logical step in this whole equation is determining when it should be used and how is the best way to go about getting started using it.

          Below are four of the most common and practical ways to use personal finance software. If all or any of these apply to you and your money, then downloading some type of personal finance software is going to be a smart move.

          1. You Have Multiple Accounts

          There’s a good chance that when it comes to your money, it’s in more than one place. Sure, you probably have a checking account, but you may also have a savings account, money market account, and retirement accounts such as an IRA or 401k.

          If you’re like the average American, you probably have two to three credit cards as well. Fifty percent of Americans also don’t have loyalty to just one bank and spread their money across multiple banks.

          Rather than spending hours typing in every detail of every account you have into a spreadsheet, many programs allow you to easily import your account information. This will help to eliminate any mistakes and give you a bird’s eye view of everything at once.

          2. You Want to Automate Some or All of Your Payments

          Please don’t say that you’re still writing out paper checks and dropping each bill in the mailbox. While it’s noble that you’re doing your part to keep postal workers employed, we’re 18 years into the 21st century and you can literally pay every bill online now.

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          There’s no need to log into every account you have and type in your routing number either.

          With personal finance software you can schedule automatic payments and transfers between all of your imported accounts. Automatic transfers will help to make sure you have the necessary funds in the right account to ensure all bills are paid on the appropriate date. Late fees are annoying and do nothing but cost you money. It’s time that you said goodbye to them once and for all.

          3. You Need to Streamline Your Budget

          Perhaps the best feature of personal finance software is that it allows you track everything going in and out of your virtual wallet.

          Nearly every brand of personal finance software out there has easy-to-read graphs and charts that allow you track every cent you spend or earn, should you choose. You might be pretty amazed when you see just how much you spent on eating out last month or if you splurged a little more than you should have on Christmas gifts last year.

          Every successful business on the planet has a budget and using personal finance software can help you trim the fat on your spending in ways that affect your everyday life.

          4. You Have Specific Goals to Meet

          Maybe it’s paying off debt or saving for up something like a European vacation. Whatever your financial goal is, whether it’s long-term or short-term, personal finance software programs are one of the savviest ways to go about reaching those goals.

          You can do everything from set spending alerts to notify you when you’re over budget to automating what percentage of your paycheck goes to things like retirement investments. The personal finance software that you choose should show you exactly how close you are to hitting those goals at any given time.

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          How to Get Started

          From AceMoney to Mint and Quicken, there ’s no shortage of personal finance software apps out there. Many of these programs are free to download and will allow you to pay bills, invest, monitor your net worth and credit profile, and even get a loan with the swipe of a finger.

          Other programs may only offer you limited services and will require a one-time fee or subscription to unlock all that they offer. These fees can often vary from as little as two dollars to 50 bucks a month.

          It’s best to start off with the free version and then gauge whether you’re able to accomplish everything you’d like or if it’s worth exploring one of the paid options. Often times the subscription programs come with assistance from financial planning and investment experts — so that can be a real benefit.

          When deciding which personal finance software program to use, it’s also important to look at how many accounts you wish to monitor. Certain programs limit the number of accounts you can add. Be sure that if you have checking, credit card, and investment accounts to monitor, that you choose a service that can monitor them all.

          Finally, when looking around for the right personal finance software that meets your needs, make sure that you’re comfortable with the program’s interface. It shouldn’t be expected that you recognize every single feature instantly, but if the features don’t seem readable and manageable to you, then you’re not as likely to use it and get the full benefits.

          Final Thoughts

          Personal finance software can go a long way in helping you to take control of your money and meeting your financial goals. It’s important to note, however, that some focus more on budgeting and expense tracking while others prioritize investing portfolios and income taxes. Explore several different programs and read reviews to find the one that’s right for you.

          In this day and age, managing one’s personal finances in a secure manner that allows the user to have a real-time visual representation of their money is easier than ever before. With the numerous applications that are out there — both free and subscription-based — there’s no reason that every person can’t take control of their money and ensure they’re making smart money moves.

          Featured photo credit: rawpixel via unsplash.com

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