Benefits of doing business online

AgoraForo - Digital Marketplace & Freelancer Forum

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
What are the benefits you derived from doing your business online. For me it is the reduced expenses. How about you?
There are many advantages of online business such as relatively low capital because you don't need a physical store, wider business reach and even to several other countries, more practical payments, no need for many employees, lower promotion costs.
 

cherry123

Popular
Member
Sep 5, 2022
27,449
2,611
Dex
$0.401
Raw Dex
$0.090
There are many advantages of online business such as relatively low capital because you don't need a physical store, wider business reach and even to several other countries, more practical payments, no need for many employees, lower promotion costs.
You made an important point, the expenses incurred by an online seller is small compared to the expenses of a person running an offline store
 

Reedex

Well Known
Member
Jan 8, 2023
6,801
103
Dex
$0.002
Raw Dex
$0.001
The online business gives you convenience to work at your own pace and at your own freedom.
Post automatically merged:

It is always good to do business and make profit because it is important for effectiveness.
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
Doing business online gives you many benefits like you can get a wider range of customers, it's flexible ie you can work anytime and it's affordable.
Since shopping apps are so convenient and comfortable to use, the clients or customers can use them wisely. It cannot be denied that most products being offered are cheaper than buying them on malls these days.
 

astutimeliana723

Notable
Member
Feb 23, 2023
4,153
549
Dex
$0.000
Raw Dex
$0.378
The advantages of an online business that I know do not require space and time, can be done from anywhere, are more cost-effective, do not have to come from a business school, have a wider market reach, more opportunities to get new customers, and so on.
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
What are the benefits you derived from doing your business online. For me it is the reduced expenses. How about you?

One of the biggest benefits of doing your business online to the best of my knowledge is the ability of you getting a lot of customers online because there are millions of potential customers online.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,328
206
Dex
$0.000
Raw Dex
$6.252
An online business can be started with a small investment, and the maintenance cost is very low.

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.
 

Springtime

Well Known
Member
Dec 22, 2022
7,929
294
Dex
$1.340
Raw Dex
$0.105
There are many benefits doing business online.
1. Lower start-up cost.
2. Lower marketing cost. In this digital era, social media marketing is the most cost-effective way to promote your product/service
3. You can reach your target audience worldwide
4. You can do business anytime, anywhere.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
The online business gives you convenience to work at your own pace and at your own freedom.
Post automatically merged:

It is always good to do business and make profit because it is important for effectiveness.
You will not even have to stress yourself about waking up early to go to work because you can just do it at the time that you like
 
Back
Top