WEB320_AlanTa_CourseProjectFirstDraft_Week5

Gathered from reputed sources in addition educational

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gathered from reputed sources. In addition, educational mobile apps for iPhone, Windows, Android and Blackberry mobile phones will also be sold, out of which some will be free. The website will also have some online software for use right over the website in the form of web applications that do not need any download. Every user will have to register on website to use these services. After registration, they will be provided with a free 10-day trial period. After the expiry of the trial period, the users will have to purchase a monthly or annual subscription after paying a certain fee. The Basic subscription will cost $10 a month and $100 a year. The Premium subscription will be $20 a month and $200 a year. The basic subscription will include access to all the online web tools. The premium subscription will provide additional services. One of these services will be the scheduler and task manager that sends SMS and email reminders explained earlier. The premium users will also be allowed to read online any 2 books of their choice per month. Also, they will be provided two paid mobile applications under $2 of
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Running head: EDUCATIONAL RESOURCE E-COMMERCE WEBSITE 4 their choice for free. The discount in annual subscription will motivate the customers to go with annual subscription. In addition to all these, the company will also generate revenue from advertisements on the website. The educational businesses including result portals, schools, colleges, tuition providers etc. will be allowed to show advertisements on the website for a monthly cost of $40 or $0.1 for each click on the advertisement. The advertisements will be well-chosen to suit the theme of the website.
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Running head: EDUCATIONAL RESOURCE E-COMMERCE WEBSITE 5 Payment Model Payment model describes how the company will receive payments. The website will run hosted e-commerce payment packages. While choosing the payment methods, the company has taken care of that the customers have all the options that they frequently use. The most frequently used payment methods in USA are credit cards, and the most common method for international payments is PayPal. So, Educational Resources website has chosen PayPal and credit/debit cards as its payment models. In order to use PayPal for receiving business payments, PayPal doesn’t have a subscription or setup fee. PayPal charges businesses on per transaction basis. All the transactions on our website will be less than $3000. As per the information on PayPal website, for international payments, PayPal charges 3.9% of the transaction amount if the transaction amount is between $0 and $3000. For domestic payments, the fee will be 2.9% of the transaction amount. In addition to it, $0.30 per transaction will be charged. ( - bin/webscr?cmd=_display-xborder-fees-outside&countries= ). This seems to be a reasonable price. At this price, PayPal ensures security of the payments over the website. PayPal’s “proprietary risk-models help detect and predict fraudulent transactions - before they affect the business”. It “uses industry-recognized AVS and CVV2 checks to thwart identity theft” and “employs patent-pending bank account verification as an additional level of authentication.” ( ?
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  • Spring '13
  • Credit card, PayPal, EDUCATIONAL RESOURCE E-COMMERCE, RESOURCE E-COMMERCE WEBSITE

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