SHOPNXS

ISAL will be used in the ShopNXS project as a currency for shopping for both consumers and suppliers. It features payment options for stores and online shopping

E-commerce has grown up to be the best and most important businesses to achieve large profits with little effort and limited capabilities in a short time compared to other businesses. Therefore, it is necessary for any merchant, service provider, or any business brand to own an online store to display products/services and differentiate them from others in order to increase sales.

There are many good ecommerce platforms that provide business owners with all tools to run their businesses easily, effectively, and profitably on a daily basis. But, the problem for these platforms is the source of products, where they are obtained from. One of the mechanisms to run such a business is that the owners have their products; they buy, store their products, and picture them to display a description and be ready for sale. But there are disadvantages involve:

• If the owner couldn’t persuade customers to buy, then he has to bear the loss.
• High costs of the administration and storing the products.
• Owners have to ship the products by themselves on a daily basis.

The other mechanism is the drop shipping where owners display pictures of products that belong to suppliers from other stores for a little profit added to the product’s cost. After the purchase is confirmed, the store owner buys the products and provides the buyer’s address to the supplier who does the shipping directly to the buyer. Also, there are many disadvantages involved with this mechanism:

1. Not having a store, means the product’s quality is unclear 100% which affects sales.
2. The store’s owner is responsible for any suppliers’ mistake(s) that could be made for any reason, as customers not taking responsibility, even if they don’t know they purchased the product(s) from another store/supplier or they purchased through drop shipping method.
3. Shipping cost issue for owners; when a store owner deals with more than suppliers in more than cities in different countries. The shipping costs vary from one geographic location to another.
4. Customers have to pay in advance, while customers in many countries around the world prefer to pay upon delivery. This is very important to gain customers trust and satisfaction.

SHOPNXS Project Stages:

1. Stage one: includes SHOPNXS Card and SHOPNXS Product.
2. Stage two: includes SHOPNXS Suppliers and SHOPNXS Fulfillment.

SHOPNXS consist of 4 types of platforms:

1. SHOPNXS Card: Designing online stores for customers and suppliers platform.
2. SHOPNXS Product: Retail sale for merchants and agents platform.
3. SHOPNXS Suppliers: Wholesale for suppliers to sell their factory products platform.
4. SHOPNXS Fulfillment: Sale for merchants and marketers platform.

SHOPNXS Cart

In this platform, customers and suppliers can set up their online stores. It is a very simple platform as they don’t need to design or program. The platform contains many themes ready to use in all areas, some of them free to use, while others are paid themes and can be set up on the platform.

SHOPNXS Cart will have all tools needed by users; these tools are fast and capable of setting up online stores within a few minutes. Clients do not need to pay the hosting costs or domain names of other stores as they will be inside the platform. So, the platform will meet the needs of small and start-up business stores and large business size stores that earn millions of dollars.

SHOPNXS Cart platform is a good option for starters as they can display their products/goods and control prices by placing discounts if they want to; all this can be done with no knowledge in programming. Also, they can control/customize their store’s design and upgrade their account to get more features as their business grows

So, the SHOPNXS platform will have all tools and features users may need, almost A-Z. For instance, the Tax/shipping calculator program of products/goods will be within the admin panel of stores, and same thing for themes. Also, there will be a free of charge application that can:

1. Respond to return items request, and the fund will be inside the application.
2. Review any change(s) of products in store for the last 30 days.
3. Achieve the agreed upon items through customers interest management.



SHOPNXS Cart platform will an easy and completed functionality control panel which contains all services including:

1. Sale control, items quantity control, and generating discount codes, or generate last sales reports with a nice look and feel.
2. It is very simple and easy to read.
3. Users arranged according to the addresses.
4. Has visitors’ statistics including their location.
5. The products/goods categorised according to the best seller(s).



SHOPNXS Cart gives users more online store features, including free and paid services, to develop their stores such as marketing, sale, social media, shipping, and customer services. The platform also provides the ability to add web pages of other stores, which can be very useful to get close to other consumers and have their trust by setting up web pages to tell about stories behind stores and communicate with store owners. The platform will also contain an easy blog for each store, which will be linked to the one control panel of the store.




SHOPNXS Product

SHOPNXS Product is an online platform for selling and buying all kinds of products. It is an online market that provides and covers all customers’ needs. It has specific and competitive advantages, where customers/shoppers can review products/goods description and specifications before purchasing and placing order(s) with easy to door delivery. The requirements for a successful online store:

1. Secure online payment method.
2. Featured shipping method.
3. Very clear store’s policies.
4. Has high security system inside stores.
5. Has a good storage system.
6. Great customer service.

In addition to other Ecommerce platforms advantages, PAYNXS Product has more as it is linked to SHOPNXS Card which makes it special and different.




SHOPNXS Suppliers

SHOPNXS supplier will allow customers to view and buy from a variety of suppliers. Based on an agreement with suppliers, SHOPNXS displays all information about each supplier to facilitate purchasing products.

Unlike other similar online shops, SHOPNXS guarantee the high quality of products, and handle payment and hold it till the product(s) are delivered and confirmed by customers. SHOPNXS will be responsible for global shipping products and deliver to customers’ doors. So, customers do not need to travel within or outside their country to check on quality and negotiate the prices. SHOPNXS guarantee that customers will obtain the cheapest price in the market of their chosen product(s), even sometimes less than the suppliers themselves.




SHOPNXS Fulfillment

SHOPNXS fulfillment helps sellers sell their products on their stores without the burden of storage, shipping, packing, customs, and any permission. There are many issues facing online retailers with current shop platforms; dealers have to use the shops' stores and pay for it.

Sellers pay a promotion/advertisement fee for the product they sell only and are not allowed to promote their entire store/products. Advertisement is significant, especially with high volume traffic shops, so sellers can only promote a single product, not the store itself or their page. Sellers have only a single page within the shop platform to display their product(s). In addition, the shop platforms can close the seller account for any reason; they own the entire shop platform, while the sellers have only a single page.

There is a high competition in the shopping online platforms market; sellers have to pay more money for advertisement. The more they pay, the more they compete among other products, promoting products based on which one comes up first in the shop's search engine.

Also, high sale volume products in shopping platforms are easy to be copied and developed by other competitors and invest more in advertisements. They become strong competitors, and in the end, original products' sales will go down. Competitors always use the platform's statistics to study the sales volume of any product.

Product quality is another issue with the shopping platform; where sellers don't have their own, they ship products from suppliers in different countries/locations from where customers or sellers are based, which will lead to quality assurance issues. Another challenge is that the sales tax sellers have to pay different from one country to another, which adds extra cost sellers need to consider even if there are zero sales. They have to pay to the accounting service in that specific country every month.

SHOPNXS allows sellers to use their storage, and it is not mandatory to use SHOPNXS storage and pay the rent. SHOPNXS will enable sellers to advertise and promote their entire stores, not only that single product in that shop platform. So, it is an excellent opportunity for sellers to advertise and promote their entire store that includes various products and not only pay ads for a single product.