Thursday, October 20, 2016

Advantages and Disadvantages of Ecommerce

Advantages and Disadvantages of Ecommerce
The invention of faster internet connectivity and powerful online tools has resulted in a new commerce arena – Ecommerce. Ecommerce offered many advantages to companies and customers but it also caused many problems.

Advantages of Ecommerce

  • Faster buying/selling procedure, as well as easy to find products.
  • Buying/selling 24/7.
  • More reach to customers, there is no theoretical geographic limitations.
  • Low operational costs and better quality of services.
  • No need of physical company set-ups.
  • Easy to start and manage a business.
  • Customers can easily select products from different providers without moving around physically.

Disadvantages of Ecommerce

  • Any one, good or bad, can easily start a business. And there are many bad sites which eat up customers’ money.
  • There is no guarantee of product quality.
  • Mechanical failures can cause unpredictable effects on the total processes.
  • As there is minimum chance of direct customer to company interactions, customer loyalty is always on a check.
  • There are many hackers who look for opportunities, and thus an ecommerce site, service, payment gateways, all are always prone to attack.

Types of ecommerce

Ecommerce (e-commerce) or electronic commerce, a subset of ebusiness, is the purchasing, selling, and exchanging of goods and services over computer networks (such as the Internet) through which transactions or terms of sale are performed electronically. Contrary to popular belief, ecommerce is not just on the Web. In fact, ecommerce was alive and well in business to business transactions before the Web back in the 70s via EDI (Electronic Data Interchange) through VANs (Value-Added Networks). Ecommerce can be broken into four main categories: B2B, B2C, C2B, and C2C.
Types of ecommerce
  • B2B (Business-to-Business)
    Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. Pricing is based on quantity of order and is often negotiable.

  • B2C (Business-to-Consumer)
    Businesses selling to the general public typically through catalogs utilizing shopping cart software. By dollar volume, B2B takes the prize, however B2C is really what the average Joe has in mind with regards to ecommerce as a whole.

    Having a hard time finding a book? Need to purchase a custom, high-end computer system? How about a first class, all-inclusive trip to a tropical island? With the advent ecommerce, all three things can be purchased literally in minutes without human interaction. Oh how far we've come!

  • C2B (Consumer-to-Business)
    A consumer posts his project with a set budget online and within hours companies review the consumer's requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project. Elance empowers consumers around the world by providing the meeting ground and platform for such transactions.

  • C2C (Consumer-to-Consumer)
    There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks to online payment systems like PayPal where people can send and receive money online with ease. eBay's auction service is a great example of where person-to-person transactions take place everyday since 1995.
Companies using internal networks to offer their employees products and services online--not necessarily online on the Web--are engaging in B2E (Business-to-Employee) ecommerce.

G2G (Government-to-Government), G2E (Government-to-Employee), G2B (Government-to-Business), B2G (Business-to-Government), G2C (Government-to-Citizen), C2G (Citizen-to-Government) are other forms of ecommerce that involve transactions with the government--from procurement to filing taxes to business registrations to renewing licenses. There are other categories of ecommerce out there, but they tend to be superfluous.

Friday, October 14, 2016

HOW TO WRITE AMAZON PRODUCT TITLES

The trick for writing perfect Amazon product titles is a bit of an enigma in the SEO world. Some people claim that you should keep titles as simple as possible, and others believe it’s best to keyword stuff those babies like there’s no tomorrow. The general consensus about writing Amazon titles is a mixed bag, and the evidence for either side is pretty mixed as well. Fortunately, there are a number of rules and best practices that can help create great titles.

Basic Elements of Amazon Product Titles

Starting with the basics, there are 4 elements that all Amazon product titles should include:
  • Brand name
  • Variant, color, or flavor
  • Unit size / Quantity = size of product if it is clothing or apparel, or number of units in if your product is a bulk package
  • Keywords = what the product actually is
As of June 2015, titles have a limit of 200 characters before Amazon will suppress listings from search (although some categories recommend limiting titles to as low as 80 characters.) Readability and coherence isn’t as important in Amazon product titles as it is on marketplaces like Google Shopping, where the limit is significantly lower. As always, overly complex titles may cause a ding in sales by making customers skeptical of the product, but keyword rich products tend to rank better in Amazon’s SERPs than more concise, shorter titles with fewer important keywords. As mentioned earlier, this is what makes writing Amazon titles so difficult. Everyone has a differing opinion on how detailed titles should be.
Simplistic keyword stuffed For Amazon product titles
Two different schools of thought – both from the same manufacturer
The example above proves this ambiguity. The two product listings are from the same manufacturer, and ranked evenly in Amazon’s result page. The listing on the left uses the minimalist, simple approach to writing titles. It contains as few keywords as possible. The listing on the right is keyword-stuffed to contain every possible tidbit of information. This title is so long that Amazon had to cut off characters at the end of the title with ellipses.

Amazon’s Recommendations

Thankfully, Amazon provides a number of suggestions for what sellers should or shouldn’t use in their titles.
Good titles should follow these rules:
  • Capitalize first letter of each word
  • Spell out measurements (Ounce, Inch, Pound)
  • All numbers should be numerals (5 not “five”)
  • Ampersands (&) should not be used in titles unless they are part of the products brand name. Otherwise, “and” should be written out in lowercase letters
What NOT to include in Amazon product titles:
  • Price
  • Words in all CAPITAL LETTERS
  • Seller information
  • Promotions (Sale, 50% off)
  • Suggestive commentary (Best, #1 Seller)
  • Symbols ($,?,!)
  • Size – if not relevant to product
  • Color – if the product does not come in multiple colors
    • example: silver stainless steel refrigerator

Formatting

It is important to note that not all products require the same content in their titles. For example, the title for a computer would be significantly more detailed than the information for a plain t-shirt. The table below includes a few of the recommended formats in different product categories.
Product Type Title Style
Cookware & Cutlery Brand + Line + Size + Product Type
Cook’s Tools & Gadgets Brand(+Model Number if necessary) + Model Name + Product Type, Color
Small Appliances, Home Environment Brand + Model Number + Model Name + Product Type, Color
Tableware Brand + Pattern + Product Type, Number of Pieces
Bedding Brand + Line/Pattern + Thread Count + Material + Size + Product Type, Color
Bath Towels Brand + Line/Pattern + Material + Product Type + Quantity, Color
DVD Players Brand+ Model Number + Size + Product Type + Screen Style (if needed) + Color/Pack Size
TVs Brand + Model Number + Size + Product Type + (Color/Pack Size)
Video Games Brand + Model Number + Product Type + Platform
Laptop/Desktop Computers Brand + Model Number + PC Type + (Processor Speed + MB RAM + Hard Drive Size + Optical Drive )
For more examples of title formats by category, check out Amazon’s help pages.