“The internet is not a luxury, it is a necessity” as quoted by the great men Barack Obama. Internet is a great revolution, enabling anyone to virtually create an online business and reach a larger community. Well now the question is, WHY? Why should business go online? Let us break it down for you.
The shift towards online shopping enables businesses of all sizes to compete against bigger traditional companies,as well as attain a large market share on Internet.The decision to get into a modern online business, is one of the game changing decisions you can make.
01. Digital World
Internet penetration and mobile use is growing fast around the GLOBE. The trust of the public for Internet services and the use online payments to buy goods and services is growing. It isn’t difficult to create an online business. All that is needed is a Website/App and online payment gateway.
02. Eliminate the Boundaries
Saw a guy sipping his coffee at Starbucks with his laptop? Well you never know he might just be working on his online business. That’s how flexible you can be with the digital business. Many entrepreneurs are drawn to online businesses because of the freedom they offer. Modern technology, laptops, tablets, business apps are tools that allow businesses to be operated from any location and time. Not attached to location or desk from 8 to 5 can be very empowering. Hard work is well worth the ability to spend more time with their families and indulge in activities that is missed out on because they are part of the nine to five grinds. So why wait any longer?
03. Cut it off
Online businesses are location independent, there is no expense for premises, utilities, or parking. Besides, it doesn’t require to maintain a physical inventory. In general, an online business is a lot less expensive in terms of input costs, which means there is potential for higher ROI in the long run
4. Open 24/7
When you run an online business, everything is always available 24 hours per day and up to 365 oh well 366 days per year. The upside of this is you have a lot more opportunity to make sales.
5. Easiest way to reach the globe
There is almost nothing that can be done as an online business that could not just as easily be done offline. The advantage of being online is that you can greatly extend your market, reaching a global audience of billions.
“If your business is not on the internet, then your business will be out of business!”
~ Bill Gates ~
In conclusion, these are the reasons your business should go online:
- Digital World
- Eliminate the Boundaries
- Cut it off
- Open 24/7
- Easiest way to reach the globe
