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What with all the buzz surrounding e-commerce lately you probably expect the kids down the street to be hawking homemade lemonade over the web. And really why not? Although larger enterprises require custom e-commerce solutions to meet their demands, for the small business owner it's never been easier to set up cyber-shop. With a little planning and some good web- based tools you too can be the next new kid on the e-commerce block. Presumably you've already got a promotional website up and running - tailored to meet your customers inquiries and service needs while promoting your products in a clear and concise manner. All you need now is one of those plug-and-play style solutions you keep reading about in all the magazines. Well, first you need to know one or two things about doing business over the internet. When you set up shop on the web you effectively set up shop across at least all fifty states, if not around the world. From a marketing perspective that probably sounds great. But from the tax angle it's a huge headache. Calculating the various state and county taxes in accordance with the different regulations that your now national audience brings into each and every online transaction. Naturally your out-of-state customers are going to expect their products delivered to their doors so you won't want to put down the calculator until you've figured out the shipping costs for the varying weights and distances of those orders. Of course, once you've finally got it all totaled up don't hit the enter key on that cash register because doing business online is similar to doing business through mail order and the law says that you can't collect payment until the product has shipped. Luckily all these calculations are just what computers were made for. So the only thing you need to do is choose from amongst the dozens of different tax, shipping and payment processing packages -- keeping in mind that they're compatible with each other and supported by your ISP. That kid with the lemonade stand is beginning to look like some kind of prodigy wouldn't you say? The truth is that e-commerce can be a vastly complicated undertaking but it doesn't have to be. A number of companies begun to offer web-based solutions which vastly simplify the process. The current leaders in the field are Intershop ePages, iCat Commerce Online http://www.icat.com, and Yahoo Store http://store.yahoo.com All provide a fast, cheap entry into e-commerce. They provide varying degrees of customization options and statistical analysis tools both of which are important to maintain and grow your product identity along with sales. How secure is all of this? Technically speaking exchanging credit card information over the internet is far safer than doing so in a phone conversation for the simple reason that electronic transfers are encrypted and phone conversations are not. A long time ago as we measure time online, back in 1995 Netscape introduced SSL (Secure Sockets Layer) into its Navigator web browser. SSL is an encryption technology that scrambles messages in such a way that only the recipient can unscramble them. To get SSL working requires an "authentication certificate". The certificate acts as an electronic passport providing you with a unique, verifiable identity. In addition to SSL many groups today have adopted the new SET (Secure Electronic Transaction) standard which contains extra security measures and antifraud technologies. If you are hosting your e-commerce shop through a third party such as the ones mentioned above you will most likely be using their certificates and the only thing you need to know is that between SSL and SET credit card transactions don't get much safer than this. Working with a web-based solution such as the award winning Yahoo! Store is so straight forward it makes building that cardboard juice stand seem complicated. Essentially the only thing you are responsible is creating the look of the pages and arranging your inventory -- they take care of all the complicated backend stuff. Your product details and pricing can be entered by hand or by uploading from an existing database. The Yahoo! ordering system supports automatic tax and shipping calculation and the orders can be sent to you or called up on demand. Lastly, the system provides you with extensive tracking tools to keep statistics on your customers' preferences and needs so all you have to do is call up the reports. Sounds easy doesn't it? Well you certainly don't have to take my word for it because both Yahoo and iCat provide guided tours of their setup processes that are so enjoyable you'll wonder what all the fuss has been about.
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