Best Ecommerce Platform for Your Online Business

The ecommerce industry has shown a remarkable growth across the globe. During the early ages of ecommerce, there were just a handful of online stores that would deliver at specific locations. But with the rapid growth of ecommerce, several entrepreneurs have converted their business ideas into reality. Along with the improved logistics and payment channels, the ecommerce business can now go beyond the border. If you are one of those entrepreneurs planning to step into the world of ecommerce, then you need to initiate by choosing an ecommerce platform. It is the first and the most significant step where you can’t afford to make any mistake.

Deciding on a suitable platform for creating an online store should be the priority. But how can you determine which platform is ideal for making your business successful?

Here is a set of few questions which you must ask before choosing a suitable platform for your online venture.

Is the platform scalable?

Your business can progress with time which means that having a future-ready platform is a necessity. Hence, it is always a good choice to pick a platform that can not just meet the current business goals but also turns out to be a good choice for the long run. The ecommerce platform should let you handle the demands of the growing traffic. A scalable platform prevents your site from getting slow or unresponsive when high volume traffic is present on the site. Hence, it is essential to ensure that the platform you choose is scalable to meet your business needs.

Does it provide security?

Security can be stated as the primary concern when it comes to online business. The internet is full of intruders trying to steal the confidential data. Ensuring the safety of the confidential details of the customers during online transactions is a must. The payment details like, like credit/ debit card number and passwords should all be encrypted so that it is of no use even if someone manages to get hold of these details. Any loopholes in the security provided by the ecommerce platform can make the customers lose their trust and affect the sales of your online store. Hence, you should go for a platform that maintains a secure environment while processing online transactions.

Does it provide shipping solutions?

When we talk about ecommerce, shipping is undoubtedly a part to consider. For making an online business successful, it is necessary to have strong supply chain management. While creating an online store, you should be aware of all the logistics needs and the entire supply chain management life cycle. An ecommerce platform that provides easy integration with a third party shipping partner is always a good choice. Simple and automated shipping solutions can reduce manual intervention thus reducing the pain of logistics and helping you in focusing on various other factors that may result in the growth of your online business.

It can be a difficult task to find a platform that can be a complete solution for all the mentioned questions.

Which Online Brokerage Business Can Pay You Big?

Are you already in the international brokerage business or are you thinking of going into it and wondering how to get fat commissions? If yes, you are no doubt looking for the right products to handle, where to find them, and how to propose them.

The products which could assure you huge commissions can be grouped into three categories: energy products; agricultural products; and mineral, metal, and material products.

Considering energy products, we can cite coke, coal, crude oil, fuel oil, jet fuel, Diesel D-2, liquefied petroleum gas (LPG), and liquefied natural gas (LNG).

The agricultural products of interest can be grouped under three sub-categories: plant oil, grains, and agrochemicals. Under plant oil, we may mention palm oil, sesame oil, rapeseed oil for biodiesel production, sunflower oil, and soybean oil; for grains, we have wheat, rice, and sugar; and concerning agrochemicals, we can mention fertilizers such as UREA, NPK, and DAP.

As for the minerals, metals, and materials, the sub-categories worth considering are metal wastes such as HMS (Heavy Metal Sheets) 1, HMS 1&2, and railway scrap; iron ore; and cement.

Offers for all the products listed above can be obtained on the various business portals. One can also find suppliers online by searching with http://www.google.com or any other search engine. Just type, for example, “suppliers of palm oil” into the browser window and you’d receive huge search results. You can also find suppliers in exporters directories and from exporters associations and chambers of commerce.

However it is important to know the countries where these products are easily available.

Coal is plentiful in Brazil and India. Coke also. For crude oil, look towards Nigeria for Bonny Light Crude Oil (BLCO), Saudi Arabia, and the CIS countries, especially Russia. Fuel oil, jet fuel, Diesel D-2, LNG and LPG abound in the former Eastern European countries and in the Middle East.

For the energy products, (and of course, for all products) preferably look for offers from end sellers or sellers’ mandates only. Forget intermediaries and facilitators; they will only waste your time. Discounts are often between US$3 to US$5. Ask the seller to send you the Full Corporate Offer (FCO) under penalty of perjury or the draft contract plus banking coordinates.

You can obtain offers for the agrochemicals from Canada, China, the CIS countries (especially Ukraine), and from Russia. Always ask for the specifications of the products since there are different kinds of each. For example, we have NPK 10-20-20, NPK 10-20-15, and others.

Look to Asia, especially Malaysia, Indonesia, and Singapore, for palm and sesame oils; Canada for rapeseed oil; and Brazil, Argentina, the US, and Canada for sunflower and soybean oils.
Concerning grains, the best sources for wheat are North and South America, especially the US and Brazil. As for rice, Asian countries such as Pakistan, India, Thailand, and Vietnam head the list of suppliers. Rice is specified under “percentage broken.” Thus we have 5% broken rice, 10% broken, 15% broken, 25% broken, and so on. Each of these types has ready markets in certain parts of the world. For instance, West Africa consumes 25% broken rice most, principally because it is the cheapest. Basmati is premium rice and has a distinctive flavor.

HMS 1, according to ISRI code 200-202 and HMS 1&2 (80/20), according to ISRI code 200-206, are available in the CIS countries and in African countries such as Congo, Angola, and South Africa. As for railway scrap (R50/R65), either uncut or cut to lengths of 1 or 1.5 meters, the best source is Central Europe, especially Russia. Look for spot contracts of 30,000 metric tons or less or annual ones of 12 x 30,000 metric tons. Avoid any product labelled NHI because it is not serious. Ask for an FCO with performance bond (PB) and proof of product (POP). Offers which grant visits at the loading port for inspection may be genuine. As for iron ore, India, South Africa, Australia, and Brazil are the best origins. Look for iron ore with 64.5% iron content. Offers are usually between 10,000 and 40,000 metric tons. Any grade of Portland cement conforming to ASTM-C-150 is acceptable. Ask for the specification or the grade and the type of packaging. The best suppliers are from China, Russia, and Ukraine.

How can you get buyers for these offers?

The business-to-business portals also serve to sell goods. You can post selling trade leads there or look for buyers who have posted buying leads. But know that as a broker it may be difficult for you to sell on the business websites, especially if you obtained the offers online. For one thing, you can hardly compete with end sellers or their mandates, except where you are getting your commission from the seller’s net price. Secondly, buyers are wary of brokers because many have wasted their time in the past.

You may search for buyers online or look them up in directories of importers or contact importers associations and the chambers of commerce.

For energy products, companies in America and Europe are always looking for them. Asian countries have also become major importers. Crude oil, especially Nigerian BLCO, is in high demand. But no one will consider an offer from a broker. The solution will be to join with a seller or his mandate.
Fertilizers, edible oils, and grains are also used worldwide. A little research will tell you which type is right for which region.

The best place to offer HMS, railway scrap, and iron ore is first China, then India, and in the third place Turkey. Cement is a worldwide commodity.
Your offer should be as professional as you would expect from a seller. Don’t forget to ask your buyers for proofs of funds (POF) and for proof of previous performance.

Now that you know the products to make your dream of big commissions come true, where to get the offers, and how to get them to the right market, all that is left for you to do is to get down to work.

SIDEBAR

• The most notable business portals are: http://www.alibaba.com, http://www.indiamart.com, http://www.ec21.com, [http://www.bidmix.net], http://www.asianet.com, and [http://www.globalsources.com].

• Other search engines are: http://www.munky.com, http://www.hotmail.com, http://www.yahoo.com, http://www.lycos.com, http://www.voila.fr,
http://www.northernlight.com, http://www.altavista.com, http://www.ixquick.com.

• From the comfort of your chair use search engines to find addresses where you can obtain exporters directories (Type “exporters directories” into your browser window) and where you can find exporters associations (Type in “exporters associations”) and chambers of commerce (Type in “chambers of commerce”).

• NPK fertilizer is the one containing 10% Nitrogen, 20% Phosphorous, and 20% Potassium.

• Commissions on these businesses can range from tens of thousands of dollars to hundred thousands and even a million dollars or more. Like every good thing, it is not easy to earn.

How To Find Hot Online Business Ideas

Would you like to find the key that unlocks the

door to a gold-mine of online response, sales and

results for your business?

It seems obvious that you would be able to see what

the experts do differently when locating market

opportunities, finding out what people want and

quickly turning that into an online business generating

truckloads of cash.

The reality is YOU CAN’T!

While the secret is massive in it’s impact, it is so

subtle – so subtle that you are sure to miss it if you

don’t know what to look for.

Here’s the secret and a formula for using it right this

minute!

What is DESIRE?!

Now stay with me for just a minute.

Think about the last time you bought a magazine? Why

did you buy it? Was it to look better, fee better,

make money, save money, make your house look better,

take a step toward achieving a dream in your life?

How about the last time you purchased an ebook about

marketing? It wasn’t the desire to learn more about

marketing that led to open your wallet, it was the

DESIRE to discover something unique, something new that

would RESULT in more more money in your pocket resulting

in you being able to finally quit you job.

OK, that’s more like it. It’s all about the end result

you want to get – not about the steps, processes, formula

or information to get you there.

Information is a tool – a method of achieving an end.

It’s up to you to determine what that END result is and

continue to help your market achieve that end, without fail.

Now, let’s look at how this can help you achieve YOUR goals…

A NEW Way Of Researching Your Market!

You will hear from many online marketing experts that the

important part of researching your market is WHERE you look.

Nice try – but that’s NOT the whole story.

The real secret is How you research your market.

For instance, take a look at the headlines over at one of my

sites:

http://www.infoproductcreator.com

Now, I’ve tested over 20 headlines on this page before finding

this one that coverts at least 3X better than earlier versions.

The market for this product is aspiring online entrepreneurs,

writers, consultants and speakers who are already considering

writing infoproducts to achieve more freedom, control and

security in their lives.

So why does this page work?

First, this market is time constrained. They are struggling as

much with lack of time freedom as they are with lack of financial

freedom. Many of them have lost control in their lives, are too

dependent on one income stream and WANT to quickly solve this

problem.

Second, this market feels they have something to share and WANT

to know how to do that – they WANT the prestige and “fame” that

comes from releasing their own ebook or book.

Try reading the headline (both main heading and sub-heading).

Can you now see the main emotional “cues” that lead to the market

triggers I outline above.

Another Example!

Let’s try another market entirely!

Head over to:

Sit, Stay, Fetch right here:

http://www.sitstayfetch.net

What do you think is the biggest reason dog owners end up

paying for obedience training?

The answer is in the headline. What dog owners WANT is a way to

stop behaviour problems in their dogs. Why? Embarassment,

fear of someone getting hurt, pain of having to consider giving

up their beloved pet – all lead to a RABID desire for dog

training.

Bottom Line – Think DESIRE!

Will you do this for me?

Spend the next week looking at everything in terms of underlying

desire.

When you read the newspaper, speak with a colleague, watch TV, go

to a movie, speak with your spouse or your kids, read websites,

review ads, etc… think about the underlying desire. Why does

that communication exist as it does.

Carry a journal and quickly write down each event with it’s

corresponding, underlying desire.

IF you follow this exercise, you’ll not only be amazed at what you

come up with for “normal” daily communication, you will have

started down the path of thinking like the highest achieving

business people of all time. Not bad for a week’s effort?