Blog

An Accountant’s Advice For E-Commerce Success

With so many people doing business online today it has changed the way that people do business. In order for an online business to be successful it still must follow some of the traditional rules that have always applied to the on land enterprises.

 

Location, Location, Location

This used to be the buzzword when it came to setting up a business on land. It still is for the brick and mortar businesses, but in a sense it also applies to the e-commerce businesses. In this sense it means getting located high in the rankings of the major search engines.

 

Marketing

Marketing is another component that is applicable to all types of business. For on land it is all about signage, advertising, and the production of hard copy for marketing purposes. Online it is all about getting as much virtual exposure as possible and the best platforms for many e-commerce businesses is the social media platforms.

 

Marketing for e-commerce business means putting a lot of emphasis on the creation of product descriptions. No longer can these just be copied but they have to be unique. For some great tips on how to write these check out https://www.boostcontent.com/articles/tips-for-product-description-writing

 

Good Old Fashioned Customer Service

The one thing that puts ecommerce businesses at a disadvantage is not being able to meet with customers face to face. However, this can be made up for by making sure that good old fashioned customer service is being offered. Online this can be done through proper contact. Answering queries and dealing with complaints in a timely fashion is just one of the many steps that goes towards good customer service.

 

What Hasn’t Changed

What remains a common denominator between e-commerce businesses and on land companies is their accounting responsibilities. Every business entity has the responsibility of making sure they keep their accounting records up to date and that they meet the obligations when it comes to their taxes.

 

If you are just too busy to do your own bookkeeping or creating or maintaining your financial statements then be sure to contact us here and let us put our accounting services to good use for you.

 

Share Your Thoughts!

Contact

Sam Seidman, CPA, CA, LPA
629 Sheppard Avenue West
Toronto, Ontario
M3H 2S3

Telephone: (416) 398-1700
Fax: (416) 398-6226

Chartered Professional Accountant, Chartered Accountant, Licensed Public Accountant

Email: sam@torontoaccountant.ca

Contact Sam today

The information provided here and throughout the site of TorontoAccountant.CA is intended for general tax information only, and should not be misconstrued as a legal source of information regarding your tax situation, or be used for any other purposes other than for general information.
Sam Seidman, Chartered Accountant - Copyright ©2013. All Rights Reserved.