What Is Online Business ?
Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business.
Why Online Business Popular NowAdays ?
There has never been an easier or better time to start your own business then there is today. With the development and growth of social media everyone is connected together regardless of their income status or geography.
Whether you're rich or poor you now have the ability to share your skills and connect with people all over the world for free.
And for those looking to build an online business.
a. It's Extremely Inexpensive And Very Easy To Get Started.
The cost of a standard franchise or small business is from $15K - $100K plus you need to set up everything or pay to have it set...The right online business should offer you everything including training the day you sign on.
b. You Have More Flexibility Of Your Time
Generally you have more flexibility, choice to create a schedule you want to work. You can design your business around your life and career.
c. Unlimited Income Potential
Your income isn't determined by the number of hours you work but the level of productivity you can produce during the hours you work. By spending your time on marketing and income producing activities will start creating the lifestyle you have always desired. You are now in charge of how much money you want...Now that is Choice.
d. Offers Incredible Scalability
A brick-and-mortar retail store has a defined audience, typically a radius from the business location. An online business isn't restricted by this and can market to a worldwide audience. Once a successful marketing and advertising strategy is identified an online business can simply open up its target and increase budget to grow very fast.
e. Provide Limitless Freedom
Many entrepreneurs are drawn to online businesses because of the freedom they offer. Modern Technology, laptops, tablets, business apps and VOIP communication systems are just some of the tool that allow businesses to be operated from any location.
f. Low Overhead And High Margins
An online business will often allow you to eliminate some of the huge costs associated with an offline business. Not only can you eliminate things such as pricey office or retail space and long-term lease commitments, but you can also eliminate having to tie up your money in stocking inventory.
g. Access To A Worldwide Market
The beautiful thing about an online business is the ability to run it 24/7 without boundaries. There are no geographical boundaries and there are no specific hours of operation - an online business can produce revenue around the clock, even while you sleep.
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@ Jackie San