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Essential coponents of an e-commerce site are as follows

1. Products What you sell online. Shopping carts can be configured to sell any good such as pictures, music, software, camera etc. If you don’t have your own product then you can start reselling. People browse inventory from you and place an order that goes to a wholesaler who then delivers the product directly the customer without any further involvement from you.

2. Shopping Cart Online shopping carts can be build using one of the powerful open source shopping cart including Zen-Cart, CubeCart, and osCommerce. While it is a bit more resource intensive, Magento Commerce is a great option if you have your own dedicated server or VPS account. If you are worpress lover then go for WordPress e-Commerce, a plugin that can make your WordPress blog a great shopping cart.

3. SSL and Dedicated IP An SSL certificate creates an ‘https’ version of your web site and is necessary for visitors to safely submit credit cards over the Internet. A dedicated IP address is needed for an SSL certificate to work.

4. Merchant Account and Payment Gateway Most online stores that are just starting out will use a service like PayPal to accept payments. As your site grow in popularity, you will likely want to get their your Internet Merchant Account and Payment Gateway. Although most of the shopping carts we mentioned support a wide variety of payment gateways, it is usually a good idea to choose your shopping cart first, and then use whatever gateway is best supported with that particular software.

You’re obviously going to need some good traffic and a basic design for your store to convert traffic into sales.

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