Advantages of selling your products online with low price

[Mandy96]

Online business has been widely accepted by mostly youths in nigeria because they see it as a means to make more money than just having a shop, even the one that has it still being them online to sell in order to achieve more sales which truly works because online market is way larger than the regular offline ones. This is because location does not really matters on the internet, you might post an item for sale in nigeria and it will attract someone as far as United States of America within minutes and the person will buy very fast, but this is not possible offline, only people within your geographical location will see it and be willing to buy from you and this are one of the advantages, if you ask me
Other ones are;

1. High chance of selling quick
2. Short or no negotiation

1. High chance of selling quick: if you post your products online, there are possibilities to get buyers earlier because of the wide range of connection, that is the main power of internet, it links people all over the world together

2. Short or no negotiation: There is no much of negotiation on goods bought online because the seller won’t be seen physically, so you might not have the chance negotiate for long, and just pay for it.

 

[LoukiaCharilaou]

Online business has been widely accepted by mostly youths in nigeria because they see it as a means to make more money than just having a shop, even the one that has it still being them online to sell in order to achieve more sales which truly works because online market is way larger than the regular offline ones. This is because location does not really matters on the internet, you might post an item for sale in nigeria and it will attract someone as far as United States of America within minutes and the person will buy very fast, but this is not possible offline, only people within your geographical location will see it and be willing to buy from you and this are one of the advantages, if you ask me
Other ones are;

1. High chance of selling quick
2. Short or no negotiation

1. High chance of selling quick: if you post your products online, there are possibilities to get buyers earlier because of the wide range of connection, that is the main power of internet, it links people all over the world together

2. Short or no negotiation: There is no much of negotiation on goods bought online because the seller won’t be seen physically, so you might not have the chance negotiate for long, and just pay for it.

Hi Mandy96. Your post is very interesting. I fully agree with everything you say in your post. There are a lot of advantages of selling your products online with low price. Technology has helped a lot and has offered business opportunities to people.

 

[btaliat]

Number two is my favorite. Anyone who doesn't know how to persuade or doesn't like wasting time should just consider selling his products online. With this, he will be saving more time that he would have spent on haggling on some things that are more productive and important. Also, there is also tendency of having more customers while selling products online as there are wider market for this.

 

[kayode10]

You don't need to lower the price of your products online in order to make consistent sales. If you are planning to do this, it seems you don't have much believe in your product that's why you are placing a lower price on it.

You will be much more confident if you believe that there is no other products in the marketplace that can do exactly for the customers the way your products will do.

Even the price of a product comes with Halo effect. Some people might believe that the product is less quality when you are placing lower price on it.