Ecommerce Jargon For Newbie Online Store Owners

There are a couple of shopping cart software providers out in the market (agora shopping cart, 3d shopping cart, to name a few). But whether you're using a cheap shopping cart solution or one that costs a bomb (or better alternative: you're getting InstanteStore), a new online merchant might get lost in all the ecommerce jargon strewn across cyberspace.

SEO

Search Engine Optimization or SEO is a way of driving quality traffic to a site without any financial outlay. This natural or organic method requires tweaking the site's content, coding and HTML (Hyper Text Markup Language) to raise its relevance to specific keywords and make it easier for search engines to index and hence boosting the site's visibility on a search engine's result's page (SERP).

SEM

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Search Engine Marketing or SEM is a way of marketing a site through the use of paid placements or paid inclusion. This form of internet marketing can improve your visibility in SERP's much faster then SEO alone, but at a cost of course.

Hard Goods And Soft Goods

An online store may sell quite a number of goods that are essentially divided into 2 categories - hard goods and soft goods. Hard goods are tangible items like footwear and MP3 players. Soft goods are products that exist electronically like MP3's, software and ebooks - items that can be downloaded.

Internet Merchant Account

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An internet merchant account facilitates the receiving of online payments, generally by credit card. If you have hassle engaging an internet merchant account, you can consider the services of a merchant broker. A merchant broker would then charge a setup fee and develop the software and hardware necessary either by lease or sale, as needed.

Conversion Rate

Conversion rate has nothing to do with religion. But rather it refers to the percentage of visitors to an online store who are converted into buyers. Conversions do not happen effortlessly and depend on a few factors to help win over a visitor to buy from a certain store. The clever use of images, content and call to action phrases all play a part in this process of conversion.

So before you sign up for a feature-rich yet cheap shopping cart solution like InstanteStore, ensure you brush up on your ecommerce jargon.



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