Ecommerce | Admin | Last Updated: 2010-03-23
Ecommerce is a fast growing business; more and more companies are heading their way towards online business. The large profit margins and trade leads have been an imperative factor contributing to the thriving ecommerce market. Establishing an ecommerce business is a task that comprises of various stages but properly incepting it doesn't ensure its success. You must be wondering then what the determining factor of a successful ecommerce business is. The sales & leads generated and the satisfaction of the clients, this all could be found out by tracking the ecommerce transactions.
The transactions between an ecommerce business, customer and the bank constitute ecommerce transactions. These transactions ought to be secure and highly confidential.
Tracking down your ecommerce transactions is a key to analyze the progress of your online business. The data collected by tracking the ecommerce transactions is utilized for measuring the conversion rate. Google Analytics is the best ecommerce tracking service.
The main process:
This step is a tricky one but is conducted very smoothly.
What kind of data is tracked?
Things to avoid:
Thus a systematic tracking program enables you to maintain concrete data that further helps in measuring the growth of the business.
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