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Virtual Mall O nline shopping : Merchants. Date: June, 2012 Prepared for: XXX Company. Why Go Essential Life?. Open for Business 24x7.
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Virtual Mall Online shopping:Merchants Date:June, 2012 Prepared for: XXX Company
Open for Business 24x7 • Ecommerce websites can run all the time. From the merchant's point of view, this increases the number of orders they receive. From the customer's point of view, an "always open" store is more convenient
Provide Abundant Information • There are limitations to the amount of information that can be displayed in a physical store. It is difficult to appoint employees to respond to customers who require information across product lines. Ecommerce websites can make additional information easily available to the customers.
Overcome Geographical Limitations • If you have a physical store, you are limited by the geographical area that you can service. With an ecommerce website, the whole world is your playground. You can capture market globally
Provide Comparison Shopping • Ecommerce facilitates comparison shopping on a click. There are several online services that allow customers to browse multiple ecommerce merchants and compare the best prices for their desired products
Reduce Personnel Dependency • The automation of checkout, billing, payments, inventory management, and other operational processes, lowers the number of employees required to run an ecommerce setup
Advertising and Marketing • Search engine traffic, pay-per-click, and social media traffic are some of the advertising channels that are more efficient &can be very cost-effective.
Economic forces • By decreasing investment costs; Essential Life Virtual Mall has potential to Increase opportunities, overall business sales and finally provides you potential to Increase Company’s Profit
Convenience and Control • Electronic marketplaces promote quick, just–in–time deliveries to customers so customers and merchants can save money, time & efforts. Customers experience no traffic jams, no crowds, and do not have to carry heavy shopping bags.
Transactions Recording • A good business means a good transactions recording. And with online store you can automate it. No need to hire an employee for the job, every online activity your customers engage in will be recorded to analyze the growth of your business
Accuracy & Educate Practice • For a profitable business practice the data accuracy is the key feature. In Ecommerce as all the transaction means will be automated there will be fewer chances of mistakes & errors in the business transaction records
Increases Brand / Product Awareness • By reaching out to new markets and displaying your site prominently you can increase your company/domain brand name and also increase awareness about your products and services
Allows for Smaller Market / Niche Targeting • You may wish to target smaller consumer markets and buyer niches for your ecommerce products. Owning an Online store gives the merchant much control over who they target and reach out to notify about the items for sale
Conduct Cheap Market Research • Merchants can use their site to conduct market research on customer demand, competitors, on a particular product or one in which they hope to introduce in the future
How Do I Place My business in the Mall? • Download and go through your Merchants Application Forms from www.essentialife.biz • After familiarizing yourself with the Terms and Conditions of your membership, submit your fully completed forms to: • admin@essentiallife.biz or fax to 086-773-9924 • Our consultants will revert to you within 48 hours • For any other queries you can call one of our consultants on 012-364-2412