Is your competition beating you out of business because they have an ONLINE presence and you don’t? If you don’t have an e-commerce site by now, it’s TIME TO MAKE THE LEAP!!! Your Plan B for dealing with the Recession is Creating Your First e-Commerce Site Creating your first e-Commerce Site has all the strategies that you will ever need for setting up an internet presence that will position your business as a serious player both locally and globally.
Here are some of the advantages of running an online business:
You can trade across borders - you can trade with China every day if you want. You can garner new customers within minutes of setting up a website from half way across the world. The impact on your sales will amaze you!
Your advertising costs are lower because you are not publicizing yourself in old fashioned expensive ways such as advertising your business in the phone book, putting out fliers or putting an ad in the newspaper
If you are thinking of launching an online business you may not even need inventory
You do not need a lot of startup capital (like renting a store) to start up some types of online businesses
You may not need a bank loan if you get into a business like drop shipping, where the goods are delivered for you by a third party
You get paid very quickly by online payment methods
As you are not dealing with customers directly, you get rid of a lot of time wasted in your life making agreements with people, or even extending credit to local people that you would rather not have to
Nobody will be able to tell how big or small your business really is ... as long as you market it like big business it will be treated by your customers as such. This is really different from the real world, where people associate the big name chains with quality and low prices.