Benefits of Online business

Discussion in 'Articles & Tutorials' started by bytrade001, Sep 27, 2011.

  1. bytrade001

    bytrade001
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    Cost advantages: Operating online business is cheaper when compared to offline business. This business model can work with less human intervention and is an inexpensive way to reach distinct markets effectively. Venues of promotion are wide and easily available and many options are of low cost. Unlike offline business, just with a computer and an Internet server, anyone can start an online business with minimum investments.

    • Global reach: Online businesses have a potential advantage to choose the whole world as target market. Online business for global market has no restrictions or boundaries for operating the business. The market is expanding because customers are demanding more services online. People all over the world can gain advantages of doing business online. It can have wider consumer base locally and internationally.

    • 24 hours business worldwide: As soon as a website is launched, the company starts working 24/7 for their customers. Company can meet the expectation of thousands of customers at a time. In online business, customers not only can visit the website but also can place their orders at any time. No specific timings of business are followed and the business operations will never close in between any two days.
     
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  2. Ken Peterson

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    The below are the advantages that they can gain from starting an Online Business compare to Offline Business.
    1.Save Your Money
    2.Save Your Time
    3.Save Your Manpower
    4.Save Your Effort
    5.You Can Work At Any Place And Any Time
     
  3. GlobeNat

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    For me building up an online business means freedom as you really can work at any time and everywhere. It's also much cheaper than opening an offline business - you don't have to buy/rent premises, you can hire freelancers to work with. But in order for your online start-up to be successful you have to know a lot of things as there are many specific areas in internet.
     
  4. patrick0001

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    Online business provide equal business opportunity to everyone, either you are rich, poor, or handicapped. As long as internet connected, everyone is having a chance to make money through online.
     
  5. golocomktg01

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    Today millions of people and business entrepreneurs are engaging themselves to the online marketing and online business. And they are continuously growing in numbers. However it is important to know its advantages and disadvantages and I find this post a very informative one. Everybody can have their online business, yet not all can be successful, why because we are not all the same, so we cannot say that if we are in the online business today we will be successful tomorrow, Hardwork and patience should be with us and above all the unique online marketing strategies how you can create customers and traffics for your site. Links is not only about the linking text connected to site, moreover they should be your powerful tool to be index in search engines and be the number search of people.
     
  6. carolinehill

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    Some Benefits of Online business -

    - Making savings in set-up and operational costs.
    - Reaching a global audience.
    - Competing with larger businesses by being able to open 24 *7.
    - Being able to receive payment quickly.
     
  7. jason079

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    It can surely generate sales=)
     
  8. webhost

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    benifits of on line business are
    1.it helps you gain comp0etitive advantage
    2. it results in fast measurable ROI
    3. it boosts product sales and online visibility
    4.it brings in free targeted traffic and hence results in low client acquisition costs
     
  9. rhymers

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    The main benefit is you don't have to see the customers ugly faces or bad outfits :cool:
     
  10. jenula

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    Hi , online business is one of the best way to earn money...but it depends on your ability..You can do it as a part time job...and you can earn worth-able amount through it..you no need to search for a job outside.You can do the business in your home and earn money from the place you are siting..I am also doing online business..I got the domain reseller account from here Goresellers .com at low cost and sold bulk of domains and earn more profit.If you are interested to do it.
     
  11. 50Cent

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    If the services you are offering is good and many people liked it, you will surely have a consistent orders everywhere. But you also need to sell yourself a lot to get known.
     
  12. Davidpeterson

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    Running an online based business has many advantages. Internet has opened an online business profits for everyone on the door. An online business, so that everyone is willing to work the opportunity to make huge amounts of money, in a very short time. Some run an online business based on the benefits of low start-up costs, huge market for the sale (you may sell to anyone in the world, access to Internet), because your business in the online world is no rental fee, and no reason to pay employees .
     
  13. SalesExpert

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    Selling your products and services online will allow your company to increase profits, and to reach a larger audience.There are many advantages to choosing such a medium in order to make money. Some of the advantages of online business are as follows.

    1. Working part time
    2. Flexibility in case of timings
    3. Working from any where
    4. Starting the business is cheap
    5. Getting a lot of help and support
     
  14. JolyV

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    Hi Patrick,

    You´re so right,
    Actually I'm in the restaurant biz, we create an online ordering system, we considered that is the right option for to enhance restaurant’s sales and get up customer satisfaction.
     
  15. Sonia Whitehorn

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    There are so many benefits and perks with online businesses.

    - You can work from the comfort of your own home;
    - you have a work-life balance regime;
    - you are your own boss;
    - you can take your holidays whenever you like;
    - sick leave is not recorded on your personal file, no 'return back to work' interview is required;
    - and if you are in the right niche market/online business opportunities, you will definately generate way more money online than offline.

    Hope this helps :)
     
  16. printingray

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    Consumer wants quality products and quick response in today's market. E business seems to be more convenient both for consumer and entrepreneur if compared with cost, time and other aspects. There is no need of physical location, 24/7 availability, waste coverage of costumers, lower administrative costs and more outcome and the customer can receive highly customizable services wherever he is. He can get a quick response by online support, ask everything anytime and get strengthen the business relationship.
     
  17. smartkathy

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    I do agree with you. You made have some good points about online marketing. Thanks.

     
  18. Mark T

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    Most online businesses also opens opportunities to a lot of virtual-based works and professions. Included virtual assistants, virtual advisers, etc.
     
  19. LightingPro

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    Since the launched of Internet, human's life has been moved into a new revolution.
    Internet connecting all the people of the world very closely. We can know the latest news and information from all around the world in just a blink of time by access to internet.
    Online business has many advantages that offline doesn't have. And it's booming now.
     
  20. kaminiprajapati

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    yes, You are write saying that Online Business generates more sales.
    Because These days all kinds of businesses whether small business or large business both need apt advertising and promotion to become visible enough in the market.
    & also Many people use a Internet for any type of Search so people aware of all type of business.

    So Online Business can generate more traffic in our Business & may be we can earn more.
     

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