What is shopping cart?
A Shopping Cart program allows you to implement
your own on-line storefront. The shopping cart
keeps track of what visitors have ordered and
allows them to add or remove items from a 'virtual
shopping cart'. When a visitor decides to check-out,
the order information including the buyer's name,
address and billing instruction is e-mailed to
the site webmaster and a receipt is sent to the
shopper.
The shopping carts do not handle whole financial
transactions, but they only really act as a front
end which passes information via a secure connection
(another service) to a payment gateway.
Quantity Discounts /
Coupons: Many shopping carts now allow
for the calculation of discount rates based on
the number of units a customer wishes to purchase.
Coupon functions allow you to issue special offers
as part of your marketing campaigns. Usually,
prospective clients are given special codes that
are matched against a particular item or overall
discount rate.
Auto-Responders: If
you follow up all your clients with regular email
offers, you may want to consider a shopping cart
application that has integrated auto-responder
capabilities - this will streamline your operations
and can be used for maintaining other contact
lists as well.
Affiliate modules: One
of the most effective, low cost ways to advertise
your product is through an affiliate program.
Your outlay is minimal if you only pay on performance,
i.e., sales generated. An affiliate module can
handle the signup process, provide statistics,
streamline communications and keep track of payments
to be made to affiliates.
Other features commonly incorporated into carts include inventory tracking, sales tax calculation and stationery creation/management.
Compatibility with the
payment gateway: It is somewhat challenging
to integrate the shopping cart, gateway service,
and your bank. So before purchasing the shopping
cart, it is advisable to review the gateway services
supported by the software and the compatibility
of the payment gateway with the internet merchant
account you have with your bank.
Payments supported by
the cart : Though credit card transactions
are now a normal and important part of our online
world, there are still some customers who refuse
to use a credit card over the internet. So you
will need to be able to offer other forms of payment
- e.g. money orders, cheques etc.
FAQs:
Q: How does the shopping
cart software provide order details?
There should be a way to ensure that confirmation
is sent to customers once they make an order and
that you are provided with a message that indicates
when an order is made.
Q: How long has the provider
been around and have they developed a solid customer
base?
Be sure to go with a provider that has been around
for a number of years and has developed a solid
customer base. If it is at risk of shutting down,
support and upgrades will not be available in
future, and you may need to switch to a different
shopping cart solution in the future, which means
you will incur additional costs.
Q: Does the solution have
a method by which to calculate taxes and shipping?
An important component of shopping cart solutions
is their ability to calculate shipping, handling
and tax costs automatically. Ensure you obtain
a solution that can specify shipping charges for
international shipments and also collect taxes
from all regions, not just one.
Q: Does the solution offer
more than one payment option?
Although the credit card is the most popular way
to purchase online, there are many consumers who
prefer to pay using alternative methods. In order
to maximize your sales your site should be capable
of accepting orders through various payments methods
such as digital cash.
Q: What kind of security
features does the solution provide?
Important to online success is security. Not only
should the credit card information be encrypted
as it passes from the customer site to the merchant
site, but it should also be stored in a secure
environment so unauthorized parties can not access
it.
Q: Does the solution enable
connection to legacy systems i.e. inventory system?
Although not absolutely necessary starting off,
it is beneficial to consider connecting your shopping
cart solution to your inventory system so you
can keep track of the number of items in stock
and prevent overselling your inventory.
Q: What administration
functions does the solution provide?
An important administrative tool is being able
to make changes to your site as needed, including
adding new products or making changes to existing
products online. The method used for accessing
and administering the store is essential to consider.
For instance, some packages require that changes
be made offline and then uploaded to the server.
Try to avoid this option. Alternatively, find
a package that will allow your store to be updated
online from any Internet connected PC.
Q: What kind of reporting
tools does the solution provide?
To determine if you are meeting your site objectives
and to help you make decisions about the effectiveness
of your store's design and product offerings,
it is important to ensure your solution includes
reporting capabilities.



