Online Business is a very popular phrase these days. Everyone talks about it and writes about it and few wants to do it. But what’s that importance of starting an Online Business. In other words, what are the benefits of a successful Online Business over Offline Business or being a slave – Day Job.
Couple of days ago I wrote about Internet Marketing and it’s sub industries to give you the outline of an Online Business. Starting an Online empire won’t cost you lots, If you know the Road & you have the stuff which it takes to go there.
Give you a little spark in making your 1st commitment, I’d like to show you the Real Benefits of this kind of a business.
1. There are No Bosses In Your Online Business
There are no bosses in your Online Business. So you can take your own decisions. Make sure you are doing what it wanted to do. When you’re the boss there are no one to show you the correct path.
Control your ultimate power wisely. Don’t make it to lose you.
2. Low Fees Than Real World Business
I think there are no much fees to set up an Online Business. I spent $10 for this domain and $9.95 for hosting per month. That means again $10 if we rounded it. You’ll pay $140 per year for your digital business. In real world offline business you might want to pay more than this much.
It may change according to your country.
When you buy a land for your business then it’ll need thousands of dollars. So Online Business is cheaper than real world ones.
3. Work From Home
This is the best thing I love. You don’t need to walk for your work place. Instead of it you’re working in your home and may be in your bed too. You will throw some of your stress and save the scarce resource – Time – with the money for traveling.
Because you don’t need to ride to work place. Then you save your money straightly. Your business is running in Internet. It’s so easy for your success.
4. You Can Achieve More Sales
Why I said like this? because when you participate in real world business, Your business is only for your own country(Not everyone can make sales by internationally) Then your audience is a small one. You’re dealing with only your country people.
But It’s upside down when it comes to Online Business. You are straightly open to worldwide. You are ready to deal with all kind of people in the whole world. So there’s a huge potential in there.
5. Cheaper Advertising Offers
Again this Online Business don’t force to you spend big dollars on Advertising. Because there are more ways to grab converting visitors both paid and free. Anyway If you want to advertise then that is cheaper than print advertising, TV advertising and all other real world advertising models. So this also a really awesome fact! – Benefit.
6. It’s a Forever Online 24/7
When it comes to real world business there are times called daytime and night-time. Most people close their shops at night. But that time you may be left some sales too. But in Online Business you don’t need to even think about closing your business. It’s open to worldwide 24/7 and all 365 days.
7. Manage Your Business From Anywhere
Do you agree this? When you are managing an Offline Business, you need to be there every time for big deals. But in an Online Business, you don’t need to be in your Office or Home to manage it. You may travel all around the world and you may manage your business in any place you go.
Yeah, as long as you have an Internet connection in that place. This saves time, money and specially losses too.
8. Identifying Interests of People is Easy
You can easily identify interests of people easily. Because there are so many sites to help you. Social Media sites take the first place. Then you can use polls, online surveys and so many ways. It’s effective and accurate too. Successful Business should learn and see the way their Target Audience do and it’s easy when it comes to Digital Business.
Real world business is different and hard to get information like this when compared to Online businesses.
9. Giving and Getting Same Time
You can offer your customers a good service. Then if they satisfied or dissatisfied they can easily give feedback again same time. You don’t need to walk miles to hear what your customers felt when they used your service or product. Few clicks and you’ll hear the feedback.
This makes it lot faster in correcting what you’ve missed for previous customers.
10. Various Ways to Gain Income
In Online Business there are hundreds of various ways to make sales and make money. You can advertise, sell products and so many ways. But in real world business you need to aim for doing one or two things only. If we take a quick example to explain this ,
A business which sells ‘Mirrors or Glasses’ offline can only generate revenue by selling those stuff. If they created a Business Website to promote their business then it’s possible to generate revenue by selling Ad Spaces.
What Next?
Got a plan to start your own Online Business or still not convinced the real deal of this type of a business? I suggest you to think twice what you’ve read above. You’ll never get wrong in starting, once you work according to a plan.
If you don’t take a Risk, It’ll be the biggest Mistake you make.
Got a question about Online Marketing? or Did I missed the best Benefit of an Online Business? I’d like to hear it in your own words 🙂
Miyuru Gunaratne says
Yes I agree with you Internet marketing is more wiser than real business. The facts you have provided explains the benefits of I-Marketing further. We can earn money at home that’s more interesting than real business. While enjoying the leisure time we have the opportunity to earn big deals and the income we earn is far more higher than the income we earn from ordinary businesses. The argument you have stated indeed is wise and give us a positive movement. To start an online business, it is cheaper. I agree with your point……………….
No matter where ever in the world you are you can simply get services from Online business right at your doorstep.
“Online Businesses have grabbed people heftily …”
Happy blogging!!!
Sachintha Gunaratne says
Although internet marketing is good and beneficial, everyone cannot achieve the goal of being a internet marketer. But these points would be a great help for those who hope to be one of them. The pivotal reason for this is there should be a dedication as well as a tendency to do it. Anyway there should be tight security measures in there sites to avoid spammers as well as hackers who would usually send DOS attacks and hack into accounts. When internet marketing, it is wise to be careful not to violate any laws or it might get serious problems and even get convicted for them.
Shyam says
Yeah. I agree that everyone can’t start businesses So that Everyone can’t start Online Businesses. And to answer for your security problem, I’ll write an article too. But this is not the time for it. There are so many tricks to make that security tight, But remember You can’t completely remove that security holes!. Make it more tight, It will be safe..! Thanks for your unique thought..!