Are you considering an online business, but need a little more convincing? We could probably list a hundred or more reasons why an online business is a good idea, but for today, we will start with ten basic reasons.
1.Cost Effective: all right, so it is downright cheap! You will not find any other business that is so inexpensive to start up as an online business. You can spend (literally) millions of dollars starting a brick-and-mortar business, but for an Internet site you can literally get started for a few dollars! By carefully watching my costs and purchases, I was pleased to determine that my first year in e-Commerce cost less than $300 and I had my first sale in first month!
2.Reduce Order Fulfillment Costs: handling orders for your products by phone or mail can be very expensive and time-consuming. Handling orders via a website is more efficient, costs less and is fast and accurate. You can further reduce your costs, time and risks if you secure services of an online payment processing center.
3.Your Catalog is Always Current: if you have ever struggled with updating a product catalog and then shipping it to your customers or as part of a marketing campaign, then you will love online catalog! You can easily update and make changes to your catalog and immediately post it for your customers.
4.Say Goodbye to High Printing and Mailing Costs: Because your customers can download an electronic copy of your catalog or other materials, printing and mailing costs become ancient history. You may still want to print some materials, but your costs will be far less than if you were using professional printing or mailing services.
5.Reduced Staffing Costs: with a website there is no need for a lot of manpower and associated high costs.
6.Service 24 – 7: while you are sleeping, vacationing, or off having fun, your website is still fully functional, 24 hours a day, seven days a week. This brings all new meaning to term “passive” income!
7.A Global Audience: The Internet is unlimited in terms of global audience that it can bring to your business doorstep. The Web is a borderless market. It is great fun to watch your site log and see visitors streaming in from all parts of world. Just a hint, but make sure your payment processing center can handle foreign money exchanges so you can reap benefits.