Reasons Why You Need to Start an Online Business

Mika

VIP Contributor
If you are running an offline business, consider ditching the offline business and start selling online. Well it is understandable that not only products can be sold online but why not sell the products that can be sold online instead of focusing on products that can only be sold offline. Your online business reaches the world, not just in your neighborhood. Focus on expedited shipping and global marketing. Even if you have an offline business, consider selling your products online. Even something like hotel room and food can easily be sold online. Even if you have a tea shop, you can find your customers through online channels and can offer drop in service to bring sales.
 

btaliat

VIP Contributor
This is a technological era. Therefore, everything has to be digitalised. And all businesses need to have at least online colouration. There are many advantages of this. Some of the advantages include the fact that online businesses will have more customers as there is a tendency that there will be many markets for the products.

The other advantages is that, there will be different payment methods. This will solve the problem of inflation. Products can also be bought at a convenient time whenever we delve into online businesses. With all these, it is better focusing a little bit on online businesses.
 

saoussen5765

Valued Contributor
This is a technological era. Therefore, everything has to be digitalised. And all businesses need to have at least online colouration. There are many advantages of this. Some of the advantages include the fact that online businesses will have more customers as there is a tendency that there will be many markets for the products.

The other advantages is that, there will be different payment methods. This will solve the problem of inflation. Products can also be bought at a convenient time whenever we delve into online businesses. With all these, it is better focusing a little bit on online businesses.
Technology has its pros and cons. If everything is digitalized it could be helpful to have everything in seconds happening but it makes us sick of technology. Once electricity doesn't work then every work is interrupted for example. This is not the place to talk about this thing because it needs a lot of things to write about.
 

Fidelia1

New member
I would not say that one should ditch the offline business for online. What if the business is firmly established offline? They should rather create an online aspect of the business to cater for potential customers that want to be served online. What we have to understand is that as much as online business is penetrating, there are still very large segments of the market that don't want to buy online. Ditching the offline aspect of your business for online aspect would be you intentionally cutting those people off from patronizing your products.
 

saoussen5765

Valued Contributor
I would not say that one should ditch the offline business for online. What if the business is firmly established offline? They should rather create an online aspect of the business to cater for potential customers that want to be served online. What we have to understand is that as much as online business is penetrating, there are still very large segments of the market that don't want to buy online. Ditching the offline aspect of your business for online aspect would be you intentionally cutting those people off from patronizing your products.
The problem of online business especially if selling to many countries that plus the product they need to pay a VAT when the product is received especially it could be stolen in the middle way and not receive anything.
 

Etini

Valued Contributor
I always tell people that no matter the kind of business that you run and you don't have an online presence, then you are not ready for the evolving global market. The funny thing is that we would all sit down here and keep doubting, but it is crystal clear that all businesses in the next 15 years would be online businesses and if you haven't built your business from now, you would be found wanting then. One can start with just a social media page to take his or her business online.
 
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