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E-Commerce
Primary Benefits of e-Commerce
E-Commerce - The way we do it
The Main Features
 

Primary Benefits of E-Commerce

Apart from innumerable missives on the subject, it is an attempt to explore the potential of e-Commerce in a way to transform your business surpassing all geographical boundaries and trade barriers. Understandably, the tremendous potential of information technology for purposes of communication and information storage and retrieval has impacted the Commercial world like nothing before. The quality of communication on the web has progressed in quantum leaps and has bridged more effectively, unlike traditional methods of commerce, the distance between the markets and the customers. 

Getting your business online in the first place increases your visibility; a vital effect for any business. In the second, it opens your customer base beyond border, simply because it makes it easy to do business with you. And in the third place it slashes your costs, enhances your productivity, steamlines your entire business process.

Global Accessibility and Sales Reach: An e-Business can receive orders from any country in the world. The global reach of local companies that have become e-Businesses has posed a major threat to many established firms, thus enhancing competition in the market.

Increased Profit: With e-Business, companies reach more and different customers and gain exposure in new markets not covered by existing physical channels, thus increasing the profits. 

Improved customer service and loyalty: e-Commerce enables a company to be open for business whenever a customer needs it. Up-to-date information about product can be offered on the web, making it easier and more convenient for customers to serve themselves. Combining the interactive nature of the web with a proper understanding of a customers needs helps a merchant to provide products and services built to order for each customer, and thus to build a long term relationships, increase loyalty and sustain a competitive edge. 

Shorter time-to-market: e-Commerce makes for fast and flexible execution and response to market opportunities. The web enables a company to introduce a new product into the market, get immediate customer reaction to it, and refine and perfect it.

Supply chain integration: e-Commerce enables the full integration of the business, making the entire supply chain more efficient from the point of customer contact all the way back through physical distribution, ware housing, manufacturing, resource management and purchasing.

Capturing valuable market information from customers: e-Commerce enables you to get your potential customers details and buying habits, facilitating an easy marketing strategy and building a direct customer relationship.

Release from working hour restrictions: e-Commerce removes the restrictions enforced on your business operating hours. An online business provides 24x7 access to customers taking orders and selling goods to your valuable customers worldwide. There is no barrier on time. 

Customer Benefits and Services 

The proposed solution is bound to bring about a fully functional Information Infrastructure. The advantages of the solution include

  • Uniqueness in approach to Internet Commerce.

  • Scalability of solution to match diverse business needs of clients.

  • Adaptability to present day global Internet based Commerce.

  • Full support to customers in developing sales channels through e-Commerce services.

  • Handling of diverse merchant business models.

  • Ensures secure purchasing.

  • Ensures future Internet payment vehicles such as debit cards and electronic checks to Internet customers.


                                                        
E-Commerce-The way to do it
Electronic commerce is a modern business methodology that addresses the needs of organizations, merchants and consumers to cut cost while improving the quality of goods and services. The term also applies to the use of computer networks to search and retrieve information in support of human and corporate decision-making. There is a range of e-Commerce opportunities that depend on the nature of the business and the customers it serves. 

To begin with electronic commerce, it is vital that prior to entering into any sort of business activity, a company must be traceable relatively easily on the Internet.
 
An appropriate and generic domain name would enable a company to conduct on-line transactions with ease and likewise enable customers and suppliers to trace them quickly.
 
This is where MintValley.Com, prefers to step into to provide the right domain names suitable to every kind of business and providing up to date, economical, secure and reliable Web hosting services so that your e-business is saved from additional costs of maintenance and equipment. 

A part of an e-Commerce strategy is characterized by the use of Web Server. Setting your independent Web server operational may be costly, time consuming and frequent shut downs may rate it as unreliable by potential customers.

With the types of Internet services and technologies catching up, e- business forms a major part of trading worldwide. And with more and more banks and other financial institutions becoming online, the prospects of electronic trade or web based trading have increased many folds. When we look at the service provider point of view in e-business, we can classify them as mainly

  • ISP (Internet Service Provider)

  • ASP (Application service Provider)

  • LSP (Logistics Service Provider)

Internet service providers are those people who provide the services for Internet, net connectivity at various speeds as per the demands of the user and according to their service providing capability. 

Application service providers are the class of Internet citizens who provide application, i.e. Develop and support applications on the web and provide all kinds of application development and support as per the clients demand

Logistics service providers are those who mainly do more of consultancy over the web than doing application development and deployment. ASP's and LSP's cannot exist on their own i.e. they are interdependent but more than that the basic factor is that the service provided by the application and logistics people are mainly depended on the type of service provided by the ISP's. 

At MintValley Technologies (P) Ltd. we have all the technical know-how and expertise to be a fully-fledged LSP and ASP. We have in house developed a team; which is capable of application design development and deployment in all the available platforms over the Internet .In addition to that, we offer expertise in web transactions i.e. e-banking and other monetary transaction over the web, which requires the highest level of security and confidentiality. Thus, we have succeeded in bringing up a successful Internet based business as a place for prospective customers to look up product information; progress to an online store; and from there evolve into a hub for business cycle automation, supporting web accessible transactions for a community of consumers or businesses. The key software components we provide for e-Business include Merchant end server, Commerce server, Web server, Payment server, and Catalogue server, Database, Firewall etc. The ideal e-Business features that we at MintValley can offer is categorized as follows

Business relationship can be successfully worked out with possible investment and revenue models. Revenue generation has to be resolved on three different plans:

  • Short-term plan

  • Mid-term plan

  • Long-term plan 

  • Full term plan

All the above-mentioned services and solutions are feasible in the proposal to have a working plan. As per every requirement, we can provide the entire material and technology for completing this project. We have experts in the legal field associated with us to aid and advice us in all matters pertaining to Information Technology and in drafting all agreements and documents relating to e-Commerce.

Features of WebSite

Shopping Cart
A virtual shopping cart is an integral part of the site. The user will have the option to purchase any quantity of the displayed products. They will be able to insert or remove any of the products from their cart and keep track of the total amount purchased at any time. The system can calculate extra charges including shipping, handling, and taxes. The system can also generate an order number and present it to your customer for order status follow-up later. 

Inventory Availability

If desired, inventory levels can appear informing a customer of the availability of each item either in actual quantity or as an "in stock" flag. Date of availability, including back order dates and quantities can be displayed if the information is available. If required, this section can be password-protected for selected accounts. 

Password Protection

Any part of the Web site can be protected by a password to restrict entry. If a section is for internal use or for special customers, the user will be prompted to insert a password for entry into that section. 

Secure Credit Card Transactions

MintValley has a credit card interface, which will allow the cards to be either authorized while the customer is on the site, or the processing can be done by the server after the customer has left the site. The resulting credit card information submitted with the order would then have the authorization code and address verification information you need. If you prefer to do these from your back office system, the site will simply pass you the credit card information. When the customer gets to the credit card form on the Web, our registered secure server takes over to assure a secure passing of their information.

E-Mail Order Confirmation

The server can be set up to send an e-mail order confirmation to a customer. This will assure them that the order was received and logged on the Web server and will give them the necessary tracking information if order status and tracking is available on your site. 

Order Forwarding Options

Orders and quotes taken from your customers can be transmitted to you in several ways. The orders can be immediately e-mailed to the appropriate e-mail address at your location. The salesperson can also receive a copy of the order at his e-mail address. The orders can be automatically faxed to you, which is often preferred when there is credit card information. The orders can be retrieved on-line over a secure browser through the system administration module. Finally, MintValley e-commerce can export the orders in a pre-determined format so you can import them into your system for processing.

Order Status and Tracking

You can pass information to the Web site to inform your registered users as to the status of their order(s). We can display whatever information is provided from the back office system for your customer to see the status of his order. This information can be refreshed as many times during the day as required. You simply send the information to the Web server in the pre-defined format and MintValley e-commerce automatically picks up the file and updates the status information.

MintValley Technologies has all the answers to your e-business needs like

Business to Business Solutions
Business to Consumer Solutions
Internet Banking Solutions
Intranet Workflow Solutions
E-Governance Solutions 
Corporate Wide E-Mail Infrastructure
Internet/Intranet Security Solutions
Dynamic Web Design and Consultancy
Domain Name Registration
Key Name Registration
Web Sever Co-location Solutions
Call center Solutions
Company Wide Internet Connectivity
Web Hosting solutions
Shared Hosting Services
Customer Relation Management (CRM) Solutions

MintValley Technologies are channel partners of Verio and Net4India, thus guaranteeing a professional and reliable 24x7 service that matches your e-business needs at an economical package. 

We have succeeded in bringing up a successful Internet based business as a place for prospective customers to look up product information; progress to an online store and from there evolve into a hub for business cycle automation, supporting web accessible transactions for a community of consumers or businesses. The key software components we provide for e-Business include Merchant end server, Commerce server, Web server, Payment server and Catalogue server, Database, Firewall etc. MintValley Technologies (P) Ltd. helps you utilize market leading products, technologies and services to turn business visions into reality.

"We look towards the future with the same conviction and thrust to set tomorrows trends, TODAY!!" 

The above contents are a short summary of the project to be undertaken and therefore any clarification on the above subject can be kindly sought from us. 

Send an E-mail to mail@mintvalley.com stating whom you represent and what you would like to promote and we would be happy to assist you.


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