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E Commerce Websites : Things And Consider Before Building Your Online Store Essay

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E-commerce websites: things to consider before building your online store.
What is E-Commerce?
An e-commerce website is simply an online shop which gives people an opportunity to buy things online. Nowadays, most people who have access to the internet have used e-commerce websites at some point. Many of the big retailers around the world have experienced a significant increase in sales after setting up an online store. In 2014 online spending of New Zealanders accounted for 6.3% of total retail sales or $2.9bn (BNZ Online Retail Sales Report, https://www.bnz.co.nz/assets/business-banking-help-support/online-retail-sales-index/pdfs/or2015-02.pdf).
Share of online spending by sector:
Fashion and accessories – 12%
Daily sales – 5%
Department, variety & other – 26%
Furniture, Housewares and Hardware – 9%
Electrical and electronic (incl. Computers) – 14%
Recreation, books and entertainment media – 14%
Groceries, Liquor and specialized food – 15%
Pharmacy, stationery, antiques, flowers & cosmetics – 6%
It is evident that online shopping is a continually growing sector. If you are not a big brand yet, you may consider selling your goods via an e-commerce website first. It is cheaper and easier to run and will bring you desired profits without huge investments.
Before starting up your e-commerce website, there are a number of things you need to consider and questions you need to answer. This will help you better understand your future online business and provide your website

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