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E-commerce companies are investing in the future

February 11, 2014

Online credit card payment processing pages have allowed businesses in many industries to thrive far beyond what they were capable of in a brick-and-mortar setting.

 

Online credit card payment processing pages have allowed businesses in many industries to thrive far beyond what they were capable of in a brick-and-mortar setting. Two recent news reports detail how an online sales strategy can help an organization to multiply it’s revenue.

One Internet Retailer report, for example, detailed the recent efforts made by Home Depot to expand its reach in the e-commerce sector. The company is currently building three additional warehouses that are aimed to expand its ability to fulfill online orders. Company representatives noted that the additional space will allow packages to reach consumers much faster than ever before.

“This is a significant investment in our ability to say ‘yes’ to customers with confidence,” said Mark Holifield, senior vice president of Home Depot’s supply chain, according to the report. “Yes, you have access to our entire inventory to fulfill your order. Yes, you can expect a speedy delivery. And yes, you can rely on information updates about your delivery.”

According to the news outlet, the three new warehouses, once completed, are expected to hold more than 100,000 individual products each. 

Another recent report from Internet Retailer explained how the W. W. Grainger company has found great success with the help of online credit card payment processing pages. Jim Ryan, CEO of the company, recently announced that online sales now accounted for one-third of the company’s total revenue. That figure refers to sales made in 2013. Additionally, that number is up by 30 percent year-over-year, illustrating just how quickly consumers are adapting to online sales techniques.

“The opportunities [for e-commerce] are almost endless,” Ryan said, according to Internet Retailer. 

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