After deliberately thinking whether to start an eCommerce business, you have come to a decision of pushing through. For sure, you are even considering of using ASM course to help you succeed in your endeavor. However, before doing so, you need t keep yourself informed of the laws governing this industry.
Yes it is difficult to provide a complete overview of what you should be following with for your business, having understanding of certain aspects and elements of this business can help a lot in your success. Keep reading because we’ve piled up the most vital things you must comprehend before launching your online store.
Let’s Begin with Copyright, Trademark or Patent
US Patent and Trademark Office (varies from countries) describe Copyright, Trademark and Patent as…
- Copyright – this protects original works of authorship including dramatic, literary, musical as well as artistic works like novels, poetry, computer software, architecture and songs.
- Trademark – this is a phrase, word, design and/or symbol that’s symbolizing and distinguishing the source of merchandise. Few notable examples are logos, slogans and brand names.
- Patent – this is basically limited duration property right that is in relation to granted by US Patent and Trademark Office and invention in exchange for public disclosure of invention.
What You’ve came For
Now that you know the basics of what you should not mess up with in the first place, let’s focus on the things that you must be mindful about before you start any advertisements or marketing strategies online.
Number 1. Compliance to online advertising – believe it or not, there are laws governing how we can’t and can advertise over the web.
Being an entrepreneur, it pays a lot to know that you’re following what’s required.
This protects your consumers and preventing deceptive and unfair marketing practices. This at the same time is great for businesses for fairness and healthy competition.
Number 2. Customer Financial Data – the PCI DSS Compliance is an abbreviation for Payment Card Industry Data Security Standard. Any online retailers should follow this standard. This is especially when they are storing, processing as well as transmitting credit card data. With this, it ensures the security and safety of any financial transactions.
Number 3. Taxes – taxes are comparable to death. It is unavoidable. The same thing goes for eCommerce. This is why you’ll notice that some shops are charging you with shipping and others don’t.