At this time of world economy recession every one thinking of saving their job and business. Big business and high pay jobs are doing like we are dreaming something about miracle. But on the other hand we have an industry which on rise that is called internet and make money online. The Concept of making money online is not newer but people who are newbie to internet world want to know more about this. Doing business on internet is not easy but it gives the power of globalization we can deal with customer far away from us in just few minutes.
Here I come with the reasons that tells us the benefits of online business.
Less Investment: -
First ever point come for doing a business is investment. For example we are going to start a retailer shop. For shop to material we need a place (rented or own), sales man, products to display and some more things. In our city if I want a rented shop in porch area I need app. Rs 10 lac for security and Rs. 20,000 to Rs. 30,000 rent for per month. On the other hand making a website or shopping checkout site needs only Rs.10,000 per year (Domain name+ Hosting+ Designing)
International Market and Customers:-
After the first step of creating a website we hit the web market which is not localized but globalized and we have millions of customer in a front night( attractive advertisement bring it fast).
Increase in Working Time: -
Normally we work maximum 12 hours in a day but online business works for 24 hours 7 days a week. Means when we are sleeping our work is running as long as the server that is holding your website did not shut down.
Millions of Product under one roof: -
In offline shopping we can display only few products other are shown only in catalog. On the other hand online website is a digital version of offline catalog. Same features and photos of product are displayed. So you can build a network of suppliers for different products and can sell them through your online business.
Social Network: -
Online business gives you an offer to create a social network that can help you to grow when you think to launch a new product or business website. Customer satisfaction feedback can be generated though online guest diary and this will bring more users.
Less cost for advertisement: -
Advertisement is a big key of promotion of products. First in online business we have to pay for advertisement but later once we have some hundreds of customer then we can use them to promote our product. We can setup a system of giving freebies if they bring them near and dear to our website for shopping. This is greatest idea to promote online business
Secure & optional Payment System: -
In online business we have some secured payment systems people can purchase their good only by sending us payment in Advance. We can set up credit card/ Debit card / bank transfer or PayPal payment system. This will ensure that payment will reach into your account and if some one tries to cheat you, you can always claim your money back. (When payment is made via paypal).
Don’t think that making money online is a dream. But before starting your own online business please look for some professional advice for Internet marketing and traffic generation. If you are new in internet business, then think for professional who can help to set up website for you.
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