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Article 3 - and they know why they are at your site. The...

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Article Title: Patience is Key to E-Commerce Success Article Author: Bryce Kennedy Article Publication: Date of Publication: November 29, 2007 Article Three The internet is one of the easiest and most accessible tools for making oneself wealthy, and the author of this article claims that e-commerce is the easiest of the internets “schemes” to be mastered. E-commerce is as easy as one, two, three. One, you have a product that someone wants to buy. Two, someone has money that they would like to give you for your product, and of course, three. You exchange needs. Because e-commerce is no different from any other sales or bargaining that has gone on for all time, people understand it. They immediately know what your mission is,
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Unformatted text preview: and they know why they are at your site. The set back to e-commerce is that success, people finding and making purchases from you, is not instant. People have to find, and return to your site. For the author of this article, who has found success, it has taken him about six years. A four percent conversion (shoppers to buyers) occurs on his most successful venture. That seems small. Basically, the author states that eBay makes for a good initial platform, and that as with anything else meant to be successful, an e-commerce business must have much investment before much payout....
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This note was uploaded on 04/18/2008 for the course GB 103 taught by Professor Barker during the Spring '08 term at Tarleton.

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