How this all works, is thru EDI or electronic data
interchange, and this is where people trade online w/o doing, a single
paper signature. It works thru the process of using a digital
connection, to make the deal and forgoing the process, of buying in a
store where instead its a digital storefront. Then all one does is pay,
in some manner by credit for the transaction, thus paypal initiates
this type of deal. It sets up a digital transaction to make, the
process complete using a digital signature, stored on the computer or
stored by the credit, company plus the proceeds go to the seller, with
any type of transaction the buyer, desires. The proceeds are gained by
credit card, bank card, check or money order and by, an agreement
online with the click, think to ok and credit transfer by request. Now for the online
buying process.
The process of buying and selling online, is as easy as
understanding how to gain appeal, enough to get people buyin the
product. The key to do doing this be making the product, easy to get to
and then make certain people, know of it. Product appeal comes from the
interest, in the product at the first so get it known , and trusted
before selling, or there will be no sells. To get the product known
give free samples, and be courteous to met people, thus people will
come and browse, for the products or free stuff, if constructive
criticism, is on your site, people will look twice, although this takes
time, you might get customers. The outcome will be well worth, the
effort as you will get sells, and to get a paypal account at http://www.paypal.com, gives you a
free license to sell any product, in a variety of ways. The ways of
selling online that paypal offers, be a pay button that allows a single
product, a product cart that allows for multiple product, and finally
the shopping site that dispays all your products for the customers.
The next thing is the marketing website that somewhere,
shows your product off or if its a document then, that is a sample of
the true document and it has a link, of your product sells button, in mind thought to make a success and will
product the cart, or a link to the shopping site. Now, the product once
bought ina addiction sensed will have to get to the person who bought it thus be prepared.
If its something like a service, you sell then when the email, comes in
for the product describing the sellers location, and email then act
appropiate, and do the service requested. When a buy comes in and its a
downloadable, product then email the link to the buyer. Thus the final
concept be to make, some type of feedback form so the customer, can
work out complaints, compliments or other information that you, the
seller, recieve to grow as a company. If no feedback is allowed then
the buyer might, be skeptical as to the legit nature, and this goes for
a company or a private seller.
For companies, try to appear as if you are legal in some
way, to reassure the buyer of possible product quality. Constructive
criticism, is one way to reassure this. This reassurance of the buyer
for quality products, is top necessity as the skeptic will pass, it
over as a fake, in search of better quality product. With private
sellers, try to remain as clean looking as possible, because to appear
dirty will drive your, sells low as compared to high, sells with a
proven product. Also have as many links as possible, relative to the
selling product, and subject of the product, as this will link back to
positive feedback. Post the feedback you get if positive, as this will
give buyers clues, to make the right choice.
The advantages and disadvantages of EDI are many. The
advantages be its fast, because of the internet checkup procedure that
checks, the bank account before processing. Efficient because of the
funding being not there, will not process preventing overdrawn bank
account. EDI Exposes fraudelent people because, on credit check it
compares names of the credit holder, in storage and credit information
given on the, site to buy the merchandise. If the name doesnt match on
the credit check, the credit bureau gets a report on the incident. Some
disadvantages are the fact of the money, taken out of the bank with
debit card holders, as if they had the money because the purchase, a
few minutes ago don't get counted till next day. When that happens the
purchases, will both hit the bank an the money there will be either,
depleted or if not there the credit balance, be negative. Another
disadvantage is that EDI won't do cash transactions, as in the physical
store, because its undetected plus unrecorded over the counter, money
deals. So this proves EDI is both safe, and quick but unsafe and
somewhat limited for the ideas above. For more information go to http://www.paypal.com.