This has always been a great question, and there are many different schools of thought on this subject. A person could argue products like software, eBooks, and virtual information are amongst the most marketable as they are easy to duplicate and have no shipping costs. It’s true a virtual product can absolutely simplify your post-sale process, however are they truly the best overall product strategy? In my opinion it all comes down to the demand, then the numbers. Calculate what price you can create or retain a product for and then calculate what price you can sell it for while keeping in mind advertising, shipping, and other expenses that fall between those two processes. Determine your total costs from start to finish. I wouldn’t even consider selling a product or service that fetches me any less than 80 percent gross profit per unit, unless it had a great backend or […]

E-Commerce and E-Business are two completely different terms but unfortunately they are always used interchangeably by many of us. The reason behind this lies in the meanings of “business” and “commerce” in English language. But there is a difference between e-commerce and e-business. There are many people who understand the subtle differences between the two and there had always been a debate among these two groups about the differences and similarities between e-commerce and e-business. The aim of writing this article is to clearly bring out the differences between the two as both of them are completely different phenomenon. The differences between the two are as follows: 1. E-Commerce is the subset of E-Business. If you remember the Venn diagram you studied in school then you can very well understand what I am trying to convey. The later one is a very broad concept while the former one is just […]

Having the intimate knowledge about the inner-workings of the bankcard system is not mandatory but then there’s no harm in knowing it. Understanding how things actually work is a good approach, as fees are incurred at times at one or the other stage. The main components in the whole process involve: 1. Key players 2. Credit card authorization 3. Credit card clearing and settlement Credit card processing services are so quick and timely that within few seconds, transaction details are transferred from the terminal to a processor. Later, this information is passed through the card network to the issuing bank. Once all this happens, the issuing back sends an authorization back to the processor via the network. In the whole system, obtaining an authorization for a transaction remains the first step. Before the sales are deposited in the bank account of the business, it is necessary that the authorizations are […]

A lot of individuals ask the difference between a memorial service and a traditional funeral service and certain information about memorial service online. Both services include a gathering of family, clergy and friends which aims to provide a tribute for a deceased person in a personalized and meaningful way. The difference is only in the presence and absence of the body of the deceased person. While the body is present in traditional funeral services, it is no longer present in memorial services. With the innovations in technology, commemorating the love and memories that we have shared with someone who has died can already be done online. In UK, there are various things included in online memorial services. It include photos of great memories and moments that have contributed a big impact to the people that the deceased person has lived with. It may also include photos and exclusive stories with […]

Writing services online abound. You can choose from freelance writing services for fiction, creative non-fiction or non-fiction. You can purchase the writing services of the freelance writers directly or visit the site of a writing services provider that contracts out your writing needs. You could also purchase articles that have already been written, from the sites of writing services vendors that specialize in providing keyword-rich articles on frequently searched Internet topics. Some writing services online allow you to post your project, offering the details of what you need and designating how much you are willing to pay for it. From that point writers will peruse your writing project and decide to bid on your project. Typical writing services that offer this bidding style also have profiles of registered writers. You would, therefore, have two ways to use these online writing services to find a suitable writer or writers. There are […]

There is absolutely no doubt that a lot of people know that a lot of money can be made on the internet. Do you know that you can make good money by providing business service online? Online business service covers a wide variety of jobs and thankfully, a lot of these jobs are pretty easy to learn and execute. There are a lot of small and medium sized online businesses that do not have marketing coordinator in-house and there are lots of businesses that also do not have an offline marketing coordinator as well. These two fields are quite profitable – but, let’s focus on online marketing. Marketing on the internet usually consists of a lot of things ranging from design of websites to providing search engine optimization service. A lot of small and medium sized business owners are often looking for this online business service (SEO service) in order […]