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Business strategy
Is online business more competitive than offline ?
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[QUOTE="Jasmine, post: 232894, member: 49159"] Online business is as competitive as an offline business, and it is really difficult to say which one is more competitive. If you open a shop at the corner of a business street, you might be easily spotted by your customers. However, if you open your online business, your customer will never find your business until you do SEO and digital marketing. However, getting a shop space at the corner of a business street is quite impossible. Even if you manage to get a shop space and set up your shop, your shop running cost will be very high (because you will be paying a lot of money on rents). Furthermore, having a shop in the prime location does not guarantee the business. Your choice of business niche (online or offline) should depend on your experience, expertise, funds you have an business idea. If you are experienced digital marketer, and SEO expert, you might easily succeed with online business, if you do not have a lot of funds, you might find it easier to start an online business. Likewise, if you want to sell locally, and if you get a good business space, offline business can be better option for making money. [/QUOTE]
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