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Monitoring of sales whenever it comes to doing business online is very vital. To be able to make sure that everything is in order, we have to practice monitoring. It's because monitoring is important in a business, one must hire a person who is loyal and trustworthy. Otherwise, your online business will fall apart in a matter of time. One of the modus operandi commonly practiced is the falsification of sales and revenue reports by the person trusted by the owner. A part of the total sales might be pocketed. You cannot have a hundred percent assurance that the sales reported back to you are valid. One brief example is, if you send someone to buy something for you in a store with no receipt, you can never tell if the change you have received is accurate. As an owner, it is always important to verify and check everything from the counting of items, to the breakdown of expenses, and income. If the person you hired is honest, then you don't have a problem with that. But, if all else went wrong then it is proper to consult the person you have hired and make a decision. May it be, you fire him or make him pay for his mischievous actions? Some companies can monitor their sales both manual and online. Companies like cable TV. Manual monitoring is done by hand and it is a very difficult method. For example, if one customer subscribes a cable television package, it can either be recorded by hand or computer. Different kinds of software are being used if ever the employee records it in a computer. Software is known to us as the Microsoft Word and MS Excel. The most convenient software however is the MS Excel. Here, the recording is made simple. It is more professional and easy to use. The company can also decide to make a website and display and sell their products online. It is called e-commerce. Again, this is more convenient to use. For example, the customer may just click on the image and the site will direct him to the features of the product together with the "Buy Now" button. If customers buy products online, they will have to use credit cards or Paypal. Some might require shipping costs. In this way, the payments are assured and there will be no doubts as to the terms of sending and receiving. After a customer has bought something online, details regarding your product are being recorded in your credit card or PayPal statements. Another form of payment is through check or bank wire. There a many things and options to choose from for customers to subscribe in a cable TV package. It is vital for our cable television company to monitor our online revenues. We should verify everything if they are true. If we don't know how to manage our hired employees by imposing to them the discipline they need, our company will fall later on. Our goal is to make more profits and fewer expenses. This is what we should take in mind in order for us to last long.
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