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E-Commerce – COSO and COBIT Are Comparable Frameworks

E-Commerce – COSO and COBIT Are Comparable Frameworks

This article will help you to understand some similarities and differences between two frameworks: COSO and COBIT. Some basic knowledge about these two networks is required especially for E-Commerce. COSO and COBIT are comparable frameworks, COSO’s approach is more broad-based, fewer complexes, without so much technical issues and COBIT is more comprehensive, process-orientated, risk, control needs, and it relates more to technical issues. COBIT covers quality and security requirements such as effectiveness, efficiency, integrity, availability, compliance, confidentiality and reliability of information. These are the foundations for the control objectives of COBIT.

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The Future of eCommerce Business in Sri Lanka

The Future of eCommerce Business in Sri Lanka

eCommerce is not new to the world but it is relatively new to Sri Lanka. There have been the global players of the eCommerce market who have been serving the needs of a few Sri Lankan people, but that was not enough. The need of the people, the vacuum existed in the market and some skilled businessmen made it possible for the eCommerce business to emerge in the country. The local players are still at their beginning stage.

Considering the world market for eCommerce , the Sri Lankan market is pretty small. This is one of the major facts that are in favor of the local players. If it were something like the Indian market with several millions of customers for eCommerce , the local players would have been taken away by the international players. However, the fact is that the Sri Lankan eCommerce market is still considered by many international players.

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What Is Mainstream And Niche PiggyBack? E-Commerce Web

What Is Mainstream And Niche PiggyBack? E-Commerce Web

Mainstream Piggy back

When you use sites like Amazon and eBay to market your website and you don’t have your own website

As with the Bricks and Clicks eCommerce businesses, we’ve divided this sector in two.

PiggyBacking is the use of someone else’s infrastructure to get your products to market. That infrastructure usually includes:

Website and payment system

1. Marketing

2. Brand awareness

3. Customer database

So all the piggybacking business has to do is find the products, process, and send the orders.

read more


E-Commerce – COSO and COBIT Are Comparable Frameworks

E-Commerce – COSO and COBIT Are Comparable Frameworks

This article will help you to understand some similarities and differences between two frameworks: COSO and COBIT. Some basic knowledge about these two networks is required especially for E-Commerce. COSO and COBIT are comparable frameworks, COSO’s approach is more broad-based, fewer complexes, without so much technical issues and COBIT is more comprehensive, process-orientated, risk, control needs, and it relates more to technical issues. COBIT covers quality and security requirements such as effectiveness, efficiency, integrity, availability, compliance, confidentiality and reliability of information. These are the foundations for the control objectives of COBIT.

read more


5 Reasons to Use Magento ECommerce

5 Reasons to Use Magento ECommerce

There are many ecommerce solutions on the market. Magento is quickly becoming a very popular choice for many companies. Magento is an open source ecommerce content management system which is famous for being the best shopping cart software that meets the goals of businesses worldwide. Magento developers recommend this software to all their ecommerce clients and it has been highly admired for a variety of different reasons, below are the 5 top.

Multi-Site or Multi-Store Functionality

Magento is designed with the intention of accommodating more than one online business. Magento is a powerful platform where there can be 2, 10 or even 20 online stores running simultaneously from the same admin panel. Orders can be placed and managed from one site instead of switching between different sites. And even then, reports can be easily prepared separately with unique details.

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What Is Mainstream And Niche PiggyBack? E-Commerce Web

What Is Mainstream And Niche PiggyBack? E-Commerce Web

Mainstream Piggy back

When you use sites like Amazon and eBay to market your website and you don’t have your own website

As with the Bricks and Clicks eCommerce businesses, we’ve divided this sector in two.

PiggyBacking is the use of someone else’s infrastructure to get your products to market. That infrastructure usually includes:

Website and payment system

1. Marketing

2. Brand awareness

3. Customer database

So all the piggybacking business has to do is find the products, process, and send the orders.

read more


E-Commerce and Web Design: How They Interact and Why

E-Commerce and Web Design: How They Interact and Why

In this day and age, where technology is involved in our daily lives to such a great extent, it is hard to imagine that we would be separated from it for even a day. In a typical day, we spend about 3-4 hours on our phones on average. This involves communicating through various applications like IM, Whatsapp, Snapchat, syncing daily schedules, checking your email, browsing the internet for different things. Before smartphones came in to existence, there used to be different gadgets that were used for communication. People had personal computers, clocks, calendars, dictionaries, etc. for everyday tasks. Now, a smartphone basically represents a mini-computer in your palms and the internet connects your smartphone to every possible avenue of communication. This is the new age of communication and it brings with it certain changes.

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What is E-commerce Failure – The Six Main Reasons

What is E-commerce Failure – The Six Main Reasons

It is an interesting question as to what makes customers purchase in a web shop. But it is more useful to study why the customers DO NOT finally make a purchase, and what are the most important factors that hold them back from the purchase. Here we present the six main reasons what e-commerce failure is.

The list is not complete of course but on the basis of my experience the following six factors are the main reasons why a customer does not finally make the purchase:

1. They do not find the optimal product In most of the cases the first reason is that the customer does not even get to the optimal product – they do not encounter any offer that would convince them. This is the choice-helping topic: an effective web shop is like a good salesperson and helps the customer to find the optimal product. Choice-helping is ignored most of the time thanks to the fact that different types of customers have to be helped differently. But the good news is that there are a number of tools and methods to help make the choice. If you integrate them into your web shop you can experience a notable increase in quality so this sector has probably the most potential.

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What is E-commerce Failure – The Six Main Reasons

What is E-commerce Failure – The Six Main Reasons

It is an interesting question as to what makes customers purchase in a web shop. But it is more useful to study why the customers DO NOT finally make a purchase, and what are the most important factors that hold them back from the purchase. Here we present the six main reasons what e-commerce failure is.

The list is not complete of course but on the basis of my experience the following six factors are the main reasons why a customer does not finally make the purchase:

1. They do not find the optimal product In most of the cases the first reason is that the customer does not even get to the optimal product – they do not encounter any offer that would convince them. This is the choice-helping topic: an effective web shop is like a good salesperson and helps the customer to find the optimal product. Choice-helping is ignored most of the time thanks to the fact that different types of customers have to be helped differently. But the good news is that there are a number of tools and methods to help make the choice. If you integrate them into your web shop you can experience a notable increase in quality so this sector has probably the most potential.

read more


Importance Of Ecommerce Website Design For Businesses In the Modern Era

Importance Of Ecommerce Website Design For Businesses In the Modern Era

With the increasing trend of internet and online business, eCommerce website design & development has become an important part of B2B and B2C businesses. eCommerce is the electronic trade that is carried online and eCommerce websites are the web pages through which online trading is carried on. These eCommerce stores enable the merchants and traders to carry their business around the world. There are several advantages offered by these online eCommerce stores. Some of the benefits are explained as under:

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