Benefits of doing business online

nomad

Very Familiar
Member
Jun 22, 2022
10,870
511
Dex
$0.280
Raw Dex
$0.600
Well, I think that starting an online business could be somewhat costly. This is because you must have a website and you must pay a designer to get your website designed and you must also market your products online as well.
If you do not have any skills even selling tea from a road side stall can be a very expensive business idea, right? If you want to start a business, spending $40-$50 wouldn't be a huge investment, right?
 
AgoraForo - Digital Marketplace & Freelancer Forum

Passiveearner

Notable
Member
Dec 28, 2022
3,268
204
Dex
$0.000
Raw Dex
$5.652
What are the benefits you derived from doing your business online. For me it is the reduced expenses. How about you?

There are many benefits of conducting business online. But I do not think that a person must rely only on online business. In my country majority of the businesses are conducted offline.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
I don't think 40 to 50 dollars will be enough because you still need to rent a space for the business.
If you do not have any skills even selling tea from a road side stall can be a very expensive business idea, right? If you want to start a business, spending $40-$50 wouldn't be a huge investment, right?
 

gammarays

Notable
Member
Sep 15, 2022
1,638
138
Dex
$0.000
Raw Dex
$0.000
Doing business online is more flexible. It allows you combine it with other chores. It's also cheaper as you don't need to have physical store and other expenses associated with physical business.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
Doing business online is more flexible. It allows you combine it with other chores. It's also cheaper as you don't need to have physical store and other expenses associated with physical business.
Doing business online makes other things easier
You will have time for other things in your life.
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
One major benefits of doing your business online is that it gives you enough time to also attend to other things, and at the same time multitask as well.
Also you will have the time to decide when your business will be open and closed for the day unlike when you have a physical shop that must closed at a specific time.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,268
204
Dex
$0.000
Raw Dex
$5.652
Doing business online is more flexible. It allows you combine it with other chores. It's also cheaper as you don't need to have physical store and other expenses associated with physical business.

I think that there are many advantages of conducting business online. For example, you tend to target a good number of people and you could promote items online as well.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
Also you will have the time to decide when your business will be open and closed for the day unlike when you have a physical shop that must closed at a specific time.
You are right and I can take as much break as possible if I see that I am getting tired and I need a break
 

gammarays

Notable
Member
Sep 15, 2022
1,638
138
Dex
$0.000
Raw Dex
$0.000
I think that there are many advantages of conducting business online. For example, you tend to target a good number of people and you could promote items online as well.
Yes it's easier to reach out to a large number of people online. There are many platforms to run ads on at affordable rates which can expose your brand to so many people. It's a big advantage.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
The most important thing benefits one can derive from doing business online is that one is guaranteed a wider reach which can translate to increased sales. And the cost of inputs is also reduced.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,167
565
Dex
$0.600
Raw Dex
$3.117
The most important thing benefits one can derive from doing business online is that one is guaranteed a wider reach which can translate to increased sales. And the cost of inputs is also reduced.
Running business online is the best option ever. First and foremost there is low business operation costs as there's no need to rent out a business space for the business and the availability of the wide range of market.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
The most important thing benefits one can derive from doing business online is that one is guaranteed a wider reach which can translate to increased sales. And the cost of inputs is also reduced.
The person may just be in the corner of his or her room making sales even without stepping out and the only time he steps out is when he wants to send it through a dispatcher
 

eldavis

Very Familiar
Member
Sep 4, 2022
14,999
664
Dex
$0.000
Raw Dex
$5.505
This is digital era, slowly we will move to it, its impossible to stop, but work might be hybrid, offline work is always required.
Yes that's true, not matter how the online business takes over, you cannot eliminate the need for offline activities. Most of the things we buy online, there is also an offline process as well. So in most cases both has to work together.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
Yes that's true, not matter how the online business takes over, you cannot eliminate the need for offline activities. Most of the things we buy online, there is also an offline process as well. So in most cases both has to work together.
There are some things that I cannot order online because it is around me so that is why offline business is better sometimes so you will not need to start paying for delivery fee online when you can just buy it beside your house offline
 

AruneBend

Notable
Member
Apr 23, 2023
4,217
209
Dex
$0.000
Raw Dex
$3.198
The main thing that's it's cheaper and easier to set up these days a lot of bussnesses are online since it's more affordable also it's convenient too you can manage your bussness from anywhere
 

cherry123

Popular
Member
Sep 5, 2022
27,410
2,610
Dex
$0.001
Raw Dex
$0.100
Business is for profit making but a lot of people prefer offline business better. You will see what you are buying so you will not need to start paying for delivery fee to get your products
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
It is very cheap and that's why we mostly see people with no prior experience come online to own business as if it is that easy whereas it is not
The main thing that's it's cheaper and easier to set up these days a lot of bussnesses are online since it's more affordable also it's convenient too you can manage your bussness from anywhere
 

cherry123

Popular
Member
Sep 5, 2022
27,410
2,610
Dex
$0.001
Raw Dex
$0.100
Working from the comfort of my home is the major reasons I work online. It is why so many people want to do their business online. you enjoy the comfort
 
Back
Top