Creating Your Web Pages

Benefits of Online Auctions

• No time constraints
• Bids can be placed at any time of the day and any day of the year
• No geographical constraints
• Sellers/bidders can participate from anywhere that has Internet access
• Intensity of social interactions
• The social interactions involved in the bidding process are very similar to gambling. The bidders wait in anticipation of "winning"
• Large number of bidders & large number of sellers
• The probability of someone seeing your product and wanting to buy the product is high. Competition is vital, this will allow customers to see that you have good affordable prices.

Online Storefronts

• http://smallbusiness.yahoo.com/ecommerce

• Everything you need in one place
• Yahoo! Small Business Ecommerce
• Design a store
• Add products
• Set up payment methods
• Set up shipping / sales tax

Online Storefronts

• http://prostores.com/online_store.html

• Another example
• Prostores:
• e-commerce solution by eBay
• Design a store
• Add Products
• Add Payment Methods
• Set up shipping

Online Storefront Example

• Almacenonline.com uses an online storefront and PayPal
• Most online shoppers recognize PayPal as a secure way to pay

Benefits of Online Storefronts

• Easy to design an online store using pre-designed templates
• No need to learn code (html) or a new software (Dreamweaver)
• No need to hire someone to design a site for you
• Allows for easy online payment
• Private financial information never handled by your business
• Anyone can pay with credit card / debit card and payment goes directly to your account
• Easy to keep track of orders / shipments
• Most provide daily / weekly reports on this type of information