Abstract:
Online retail covers a wide range in industries. Buyer data survey, web based marketing strategy as well as online product feature presentation are some in this similarities between online store. Also, if your brand value is not strong, customers will not buy from you because this retails online as well as there are thousands in options as well as websites that people may buy online. Such strong brand equity is a must of an online retail business. Websites must be meaningful, practical as well as engaging, easy to implement, as well as frequently restructured to meet different consumer needs. Not only must a website to satisfy customers be a value-added product, but this company must be sold on a competitive price. Since people may easily compare this price in a product over this Internet,
competitive pricing should be followed by an online retailer as well as not supported by a single company. (1) at online retail, this most important thing is that this distribution channel must be strong, this long waiting time of this product ordered by this customer may cause this customer to change his mind. Transparency at business practices is also important of consumers to trust a company as well as stay loyal to it. (1) There are many ways organizations may work together as well as generate income over this web. Obviously, this main source in income of online retail businesses is from providing their items to buyers or organizations. However, both B2C as well as B2B organizations may derive revenue by selling their management services through a membership-based model, such like Netflix, which charges.
monthly costs of access. media content. Revenue may also be earned through web advertising. of example, Facebook earns revenue from ads served over its site by organizations that hope to serve Facebook's customers.
