Electronic business

  How this all works, is thru EDI or electronic data interchange, and this is where people trade online w/o doing, a single paper signature. It works thru the process of using a digital connection, to make the deal and forgoing the process, of buying in a store where instead its a digital storefront. Then all one does is pay, in some manner by credit for the transaction, thus paypal initiates this type of deal. It sets up a digital transaction to make, the process complete using a digital signature, stored on the computer or stored by the credit, company plus the proceeds go to the seller, with any type of transaction the buyer, desires. The proceeds are gained by credit card, bank card, check or money order and by, an agreement online with the click, of an ok and credit transfer. Now for the online buying process. 

  The process of buying and selling online, is as easy as understanding how to gain appeal, enough to get people buyin the product. The key to do doing this be making the product, easy to get to and then make certain people, know of it. Product appeal comes from the interest, in the product at the first so get it known , and trusted before selling, or there will be no sells. To get the product known give free samples, and be courteous to met people, thus people will come and browse, for the products or free stuff, if constructive criticism, is on your site, people will look twice, although this takes time, you might get customers. The outcome will be well worth, the effort as you will get sells, and to get a paypal account at http://www.paypal.com, gives you a free license to sell any product, in a variety of ways. The ways of selling online that paypal offers, be a pay button that allows a single product, a product cart that allows for multiple product, and finally the shopping site that dispays all your products for the customers. 

  The next thing is the marketing website that somewhere, shows your product off or if its a document then, that is a sample of the true document and it has a link, of your product sells button, product cart, or a link to the shopping site. Now, the product once bought, will have to get to the person who bought it thus be prepared. If its something like a service, you sell then when the email, comes in for the product describing the sellers location, and email then act appropiate, and do the service requested. When a buy comes in and its a downloadable, product then email the link to the buyer. Thus the final concept be to make, some type of feedback form so the customer, can work out complaints, compliments or other information that you, the seller, recieve to grow as a company. If no feedback is allowed then the buyer might, be skeptical as to the legit nature, and this goes for a company or a private seller.

  For companies, try to appear as if you are legal in some way, to reassure the buyer of possible product quality. Constructive criticism, is one way to reassure this. This reassurance of the buyer for quality products, is top necessity as the skeptic will pass, it over as a fake, in search of better quality product. With private sellers, try to remain as clean looking as possible, because to appear dirty will drive your, sells low as compared to high, sells with a proven product. Also have as many links as possible, relative to the selling product, and subject of the product, as this will link back to positive feedback. Post the feedback you get if positive, as this will give buyers clues, to make the right choice.

  The advantages and disadvantages of EDI are many. The advantages be its fast, because of the internet checkup procedure that checks, the bank account before processing. Efficient because of the funding being not there, will not process preventing overdrawn bank account. EDI Exposes fraudelent people because, on credit check it compares names of the credit holder, in storage and credit information given on the, site to buy the merchandise. If the name doesnt match on the credit check, the credit bureau gets a report on the incident. Some disadvantages are the fact of the money, taken out of the bank with debit card holders, as if they had the money because the purchase, a few minutes ago don't get counted till next day. When that happens the purchases, will both hit the bank an the money there will be either, depleted or if not there the credit balance, be negative. Another disadvantage is that EDI won't do cash transactions, as in the physical store, because its undetected plus unrecorded over the counter, money deals. So this proves EDI is both safe, and quick but unsafe and somewhat limited for the ideas above. For more information go to http://www.paypal.com.