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10 Reasons Why You Shouldstart Doing Business Online. by Fem60(m): 9:22pm On Mar 24, 2015
[font=Lucida Sans Unicode][/font][b][/b]10 REASONS WHY YOU SHOULD
START DOING BUSINESS ONLINE.
With the rapid down fall of world economy and dot-
com
companies in recent years many brick-and-mortar
companies and new start-ups ask themselves: To Be
Online or Not to Be Online?
Consider this: Although diminishing due to bad
economy, average growth of e-commerce is around
25
% per year. 81% of small businesses that have an
online presence during last year’s holiday season
reached new customers, leading to an increase in
sales and profitability according to a survey
conducted
by Harris Interactive. Thirty percent of small
businesses
with a web presence and fewer than 20 employees
now generate more than 25% of their revenue online
claims Gartner research.
If this does not convince you to take your business
online, below I pointed out 10 more reasons why you
should start doing business online right now. 1. NEW
ECONOMY.
Internet has created a new economy, which by its
explosive growth and sheer size already changed our
perception of traditional way of doing business.
Companies like Amazon and Ebay have successfully
created domination on areas, where just few years
ago
traditional brick-and-mortar companies were kings.
However, in order to be successful on the net, you
don’t
have to be a giant like them. Many small and mid-size
companies managed to build online businesses quite
profitably. In fact, studies show small and mid-size
companies will be the main growth force of e-
commerce in coming years.
2. INTERNET IS A PERFECT VENUE FOR BUSINESS.
In order to make a sale you need visitors to come to
your shop. On the Internet, your shop could be only a
click away from your prospective customers. With
proper marketing your Internet storefront can have
more buyers than you ever can get in a brick and
mortar shop.
3. COMPANY’S IMAGE.
Whether you sell products or services online or not, in
today’s world you have to have a corporate presence
on the Internet. Otherwise, as you must have noticed
that people simply don’t take your business seriously
if
you tell them that your company does not have a
website. A nice corporate site definitely increases the
image of a company especially if it has great product
or service related content to go with.
4. PROVIDE BETTER CUSTOMER SUPPORT.
Customer accusation and retention is one of the key
factors of business value chain. Thanks to Internet
technology, business can provide customer support
more effectively. This means better customer
satisfaction and increase of profitability.
5. MAKE INFORMATION MORE EASILY AVAILABLE
TO CUSTOMERS.
Just a couple of years ago, companies used to require
days to deliver products or services update
information
to their customers. Things have changed since then.
Today you can add or make any changes to your
company and product related content virtually in a
matter of couple of hours, publish on your site and
share with the whole world.
6. CUT COSTS.
New technologies allow you to take virtually any part
of
your business online, that include supply chain
management, billing, shipping, procurement etc.
Streamlining these business processes through
online
systems will allow companies to cut costs
significantly
in almost every sphere of any business. For example:
companies can reduce more than five percents of
their
maintenance, repair and operation costs by adopting
e-business solutions. This five percent savings can
turn
into 50% of a company’s net profit!
7. ABILITY TO DO BUSINESS 24 HOURS.
How else you can continue making sales, while your
stuffs are sleeping! The biggest advantages of online
shops are that they are open 24 hours a day year
round. Thanks to Internet off time, when your shop is
generally closed, sales in some cases can be more
than your regular business hours!
8. LOW START UP COSTS.
Building a web site does not require big investments.
There are many low cost tools available today, which
can help you create sites from very scratch. Many
business portals allow you to build web sites from
templates. For less than 100$/month you can have a
full-fledged corporate e-business site with all e-
commerce features!
9. YOU PHYSICAL PRESENCE COULD BE IN ANY
LOCATION.
The World Wide Web allows you to do business from
any part of the world. Your physical location, except
for
few cases is not that important since you conduct
your
business online.
10. GO GLOBAL
Thanks to Internet you can instantly become a global
player. In fact, you don’t have to invest large sums of
money to do this. There are literally hundreds of
vertical and horizontal e-marketplaces available on
the
net. These marketplaces allow you for a nominal fee
to
get access to a large audience of prospective
customers from all over the world. According to AMR
Research more than 1,3$ trillion of good and services
will flow through the B2B marketplaces. Who does not
want a piece of this pie!
The right determinant of e-business success is the
same like any off line business. You have to have a
great idea, you have to have a business plan, there
should be a value proposition for prospective clients
and you should have belief in it and your ability!
Getting online is becoming cheaper and easier thanks
to emergence of new technologies but marketing on
the Internet is becoming more expensive.
Take your business online now, before the marketing
costs become way too expensive for small
companies.10 REASONS WHY YOU SHOULD
START DOING BUSINESS ONLINE.
With the rapid down fall of world economy and dot-
com
companies in recent years many brick-and-mortar
companies and new start-ups ask themselves: To Be
Online or Not to Be Online?
Consider this: Although diminishing due to bad
economy, average growth of e-commerce is around
25
% per year. 81% of small businesses that have an
online presence during last year’s holiday season
reached new customers, leading to an increase in
sales and profitability according to a survey
conducted
by Harris Interactive. Thirty percent of small
businesses
with a web presence and fewer than 20 employees
now generate more than 25% of their revenue online
claims Gartner research.
If this does not convince you to take your business
online, below I pointed out 10 more reasons why you
should start doing business online right now. 1. NEW
ECONOMY.
Internet has created a new economy, which by its
explosive growth and sheer size already changed our
perception of traditional way of doing business.
Companies like Amazon and Ebay have successfully
created domination on areas, where just few years
ago
traditional brick-and-mortar companies were kings.
However, in order to be successful on the net, you
don’t
have to be a giant like them. Many small and mid-size
companies managed to build online businesses quite
profitably. In fact, studies show small and mid-size
companies will be the main growth force of e-
commerce in coming years.
2. INTERNET IS A PERFECT VENUE FOR BUSINESS.
In order to make a sale you need visitors to come to
your shop. On the Internet, your shop could be only a
click away from your prospective customers. With
proper marketing your Internet storefront can have
more buyers than you ever can get in a brick and
mortar shop.
3. COMPANY’S IMAGE.
Whether you sell products or services online or not, in
today’s world you have to have a corporate presence
on the Internet. Otherwise, as you must have noticed
that people simply don’t take your business seriously
if
you tell them that your company does not have a
website. A nice corporate site definitely increases the
image of a company especially if it has great product
or service related content to go with.
4. PROVIDE BETTER CUSTOMER SUPPORT.
Customer accusation and retention is one of the key
factors of business value chain. Thanks to Internet
technology, business can provide customer support
more effectively. This means better customer
satisfaction and increase of profitability.
5. MAKE INFORMATION MORE EASILY AVAILABLE
TO CUSTOMERS.
Just a couple of years ago, companies used to require
days to deliver products or services update
information
to their customers. Things have changed since then.
Today you can add or make any changes to your
company and product related content virtually in a
matter of couple of hours, publish on your site and
share with the whole world.
6. CUT COSTS.
New technologies allow you to take virtually any part
of
your business online, that include supply chain
management, billing, shipping, procurement etc.
Streamlining these business processes through
online
systems will allow companies to cut costs
significantly
in almost every sphere of any business. For example:
companies can reduce more than five percents of
their
maintenance, repair and operation costs by adopting
e-business solutions. This five percent savings can
turn
into 50% of a company’s net profit!
7. ABILITY TO DO BUSINESS 24 HOURS.
How else you can continue making sales, while your
stuffs are sleeping! The biggest advantages of online
shops are that they are open 24 hours a day year
round. Thanks to Internet off time, when your shop is
generally closed, sales in some cases can be more
than your regular business hours!
8. LOW START UP COSTS.
Building a web site does not require big investments.
There are many low cost tools available today, which
can help you create sites from very scratch. Many
business portals allow you to build web sites from
templates. For less than 100$/month you can have a
full-fledged corporate e-business site with all e-
commerce features!
9. YOU PHYSICAL PRESENCE COULD BE IN ANY
LOCATION.
The World Wide Web allows you to do business from
any part of the world. Your physical location, except
for
few cases is not that important since you conduct
your
business online.
10. GO GLOBAL
Thanks to Internet you can instantly become a global
player. In fact, you don’t have to invest large sums of
money to do this. There are literally hundreds of
vertical and horizontal e-marketplaces available on
the
net. These marketplaces allow you for a nominal fee
to
get access to a large audience of prospective
customers from all over the world. According to AMR
Research more than 1,3$ trillion of good and services
will flow through the B2B marketplaces. Who does not
want a piece of this pie!
The right determinant of e-business success is the
same like any off line business. You have to have a
great idea, you have to have a business plan, there
should be a value proposition for prospective clients
and you should have belief in it and your ability!
Getting online is becoming cheaper and easier thanks
to emergence of new technologies but marketing on
the Internet is becoming more expensive.
Take your business online now, before the marketing
costs become way too expensive for small
companies.
10 REASONS WHY YOU SHOULD
START DOING BUSINESS ONLINE.
With the rapid down fall of world economy and dot-
com
companies in recent years many brick-and-mortar
companies and new start-ups ask themselves: To Be
Online or Not to Be Online?
Consider this: Although diminishing due to bad
economy, average growth of e-commerce is around
25
% per year. 81% of small businesses that have an
online presence during last year’s holiday season
reached new customers, leading to an increase in
sales and profitability according to a survey
conducted
by Harris Interactive. Thirty percent of small
businesses
with a web presence and fewer than 20 employees
now generate more than 25% of their revenue online
claims Gartner research.
If this does not convince you to take your business
online, below I pointed out 10 more reasons why you
should start doing business online right now. 1. NEW
ECONOMY.
Internet has created a new economy, which by its
explosive growth and sheer size already changed our
perception of traditional way of doing business.
Companies like Amazon and Ebay have successfully
created domination on areas, where just few years
ago
traditional brick-and-mortar companies were kings.
However, in order to be successful on the net, you
don’t
have to be a giant like them. Many small and mid-size
companies managed to build online businesses quite
profitably. In fact, studies show small and mid-size
companies will be the main growth force of e-
commerce in coming years.
2. INTERNET IS A PERFECT VENUE FOR BUSINESS.
In order to make a sale you need visitors to come to
your shop. On the Internet, your shop could be only a
click away from your prospective customers. With
proper marketing your Internet storefront can have
more buyers than you ever can get in a brick and
mortar shop.
3. COMPANY’S IMAGE.
Whether you sell products or services online or not, in
today’s world you have to have a corporate presence
on the Internet. Otherwise, as you must have noticed
that people simply don’t take your business seriously
if
you tell them that your company does not have a
website. A nice corporate site definitely increases the
image of a company especially if it has great product
or service related content to go with.
4. PROVIDE BETTER CUSTOMER SUPPORT.
Customer accusation and retention is one of the key
factors of business value chain. Thanks to Internet
technology, business can provide customer support
more effectively. This means better customer
satisfaction and increase of profitability.
5. MAKE INFORMATION MORE EASILY AVAILABLE
TO CUSTOMERS.
Just a couple of years ago, companies used to require
days to deliver products or services update
information
to their customers. Things have changed since then.
Today you can add or make any changes to your
company and product related content virtually in a
matter of couple of hours, publish on your site and
share with the whole world.
6. CUT COSTS.
New technologies allow you to take virtually any part
of
your business online, that include supply chain
management, billing, shipping, procurement etc.
Streamlining these business processes through
online
systems will allow companies to cut costs
significantly
in almost every sphere of any business. For example:
companies can reduce more than five percents of
their
maintenance, repair and operation costs by adopting
e-business solutions. This five percent savings can
turn
into 50% of a company’s net profit!
7. ABILITY TO DO BUSINESS 24 HOURS.
How else you can continue making sales, while your
stuffs are sleeping! The biggest advantages of online
shops are that they are open 24 hours a day year
round. Thanks to Internet off time, when your shop is
generally closed, sales in some cases can be more
than your regular business hours!
8. LOW START UP COSTS.
Building a web site does not require big investments.
There are many low cost tools available today, which
can help you create sites from very scratch. Many
business portals allow you to build web sites from
templates. For less than 100$/month you can have a
full-fledged corporate e-business site with all e-
commerce features!
9. YOU PHYSICAL PRESENCE COULD BE IN ANY
LOCATION.
The World Wide Web allows you to do business from
any part of the world. Your physical location, except
for
few cases is not that important since you conduct
your
business online.
10. GO GLOBAL
Thanks to Internet you can instantly become a global
player. In fact, you don’t have to invest large sums of
money to do this. There are literally hundreds of
vertical and horizontal e-marketplaces available on
the
net. These marketplaces allow you for a nominal fee
to
get access to a large audience of prospective
customers from all over the world. According to AMR
Research more than 1,3$ trillion of good and services
will flow through the B2B marketplaces. Who does not
want a piece of this pie!
The right determinant of e-business success is the
same like any off line business. You have to have a
great idea, you have to have a business plan, there
should be a value proposition for prospective clients
and you should have belief in it and your ability!
Getting online is becoming cheaper and easier thanks
to emergence of new technologies but marketing on
the Internet is becoming more expensive.
Take your business online now, before the marketing
costs become way too expensive for small
companies.
Re: 10 Reasons Why You Shouldstart Doing Business Online. by Fem60(m): 12:15pm On Jul 10, 2016
You need the business that will give you freedom. Check here:
www.naijawealthinfo.com

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