Project 7 - Platforms and Payments

In today’s highly competitive ecommerce industry, selecting the right software packages is essential for success. The right selling platform, inventory system, and online payment gateway can make all the difference in a business’s efficiency, profitability, and customer satisfaction. This assignment is designed to help you understand the available options and develop the skills to evaluate and compare them effectively.

When evaluating different software options, it’s essential to consider the impact on a business’s operations and resources. Switching systems can be time-consuming and resource-intensive, so making an informed decision from the outset is crucial. In your report, you should provide a brief overview of each system’s features, pricing, and notable advantages and disadvantages to help determine the most appropriate option for a hypothetical business. This exercise will help you gain practical skills in conducting research and making informed decisions that positively impact future businesses.

The knowledge and skills gained from this assignment will be highly valuable for aspiring entrepreneurs and ecommerce professionals. By understanding the available options and evaluating them effectively, you will be better equipped to manage and grow your own ecommerce ventures in the future. Additionally, the ability to make informed decisions regarding software packages is a highly sought-after skill in the ecommerce industry, and can significantly improve career prospects. Overall, this assignment is an excellent opportunity to gain valuable knowledge and practical skills that will be highly beneficial for your future in the ecommerce industry.

In this assignment, students will research and report on different selling platforms, inventory systems, and online payment gateways to gain an understanding of the options available for setting up and managing an ecommerce store. By evaluating and comparing various options, students will gain the skills and knowledge necessary to make informed decisions that can positively impact their future businesses.

Through this assignment, students will learn the importance of selecting the appropriate software packages to manage their ecommerce operations effectively. They will gain practical skills in conducting research and evaluating different options to determine which will work best for a hypothetical business. Additionally, students will learn about the challenges and considerations involved in switching systems, highlighting the importance of making informed decisions from the outset.

Overall, this assignment is designed to equip students with the knowledge and skills necessary to make informed decisions about software packages for ecommerce businesses. By completing this assignment, students will be better prepared to manage and grow their own ecommerce ventures in the future.

Project Requirements

1. Research and report on these three different selling platforms (Shopify, WooCommerce, and Magento)

2. Research and report on these three different inventory management systems (Stitch Labs, TradeGecko, and Skubana)

3. Research and report on these three different online payment gateways (PayPal, Stripe, and Authorize.net)

4. Provide a brief overview of each option researched, including its features, pricing, and any notable advantages or disadvantages.

5. Write a one-page report for each area of research, including an introduction, overview, and conclusion summarizing the key points and recommendations.

6. Properly cite and reference all sources used in the research and report (use APA or MLA).

7. Ensure the report is well-written, organized, and free of errors before submitting it.

Step-by-Step Guide to Complete the Project:

1. Research each selling platform, including Shopify, WooCommerce, and Magento. Take detailed notes on each platform’s features, pricing, and notable advantages and disadvantages.
2. Research each inventory management system, including Stitch Labs, TradeGecko, and Skubana. Take detailed notes on each system’s features, pricing, and notable advantages and disadvantages.
3. Research each online payment gateway, including PayPal, Stripe, and Authorize.net. Take detailed notes on each gateway’s features, pricing, and notable advantages and disadvantages.
4. Review your notes for each area of research, and use them to write a brief overview of each option researched, including its features, pricing, and any notable advantages and disadvantages.
5. Organize your notes and overviews for each area of research and use them to write a one-page report for each area. Each report should include an introduction, overview, and conclusion summarizing the key points and recommendations for each option researched.
6. Properly cite and reference all sources used in your research and report to avoid plagiarism (use APA or MLA). 
7. Thoroughly review and proofread your report to ensure that it is well-written, organized, and free of errors. Check for spelling, grammar, and punctuation errors.
8. Submit your report to GeorgiaView.
9. To effectively complete this assignment, it is recommended that you start early to allow enough time for research and writing. Additionally, it is important to carefully read and follow the assignment requirements to ensure that your report meets the expectations of your instructor. Finally, seek feedback and clarification from your instructor if you have any questions or concerns during the research and writing process.

Turning In Your Project

To submit this assignment, you are required to upload your final document in PDF format to the designated area for Assignment 7 on GeorgiaView. Please ensure that your document is properly named and formatted, and that it meets all the requirements specified in the assignment guidelines. Please note that the instructor will only grade the first three pages of the uploaded PDF document.

MAKE SURE YOU REVIEW THE RUBRIC BEFORE SUBMITTING. BE SURE YOU HAVE COMPLETED ALL THE TASKS IN THE RUBRIC!!!