E-commerce has been on the rise since the beginning of the Internet. The wonders of the internet brings millions of people together through social media and of course, e-commerce.
Businesses online are booming and everyday, new businesses are being setup hoping to earn revenue.
So why is e-commerce so popular right now?
Here are 10 reasons why E-commerce is successful & why people want their feet into it.
Here goes!
1. No such thing as : Time Limit.
In the world of the world wide web, time knows no boundaries. You can work anytime without worrying having to punch in your time card or about the traffic jam along the highway. Managing your business online allows you to be free of the 24 hour prison cell. Since time is flexible, anybody and everybody is allowed to visit your site at any time and in any country!
Hopefully they make purchases too :)
2. Knowledge is free
Everything you need to know about starting, running and growing a business is available online, not to mention online tutorials from prestigious universities, from books (google's scholar search helps you with that) and from people who are already doing it successfully and who you now have unprecedented access to through blogs and social networks (blog search, facebook, you name it!). And nobody cares what your portfolio anymore. :x
3. Your "employees" are affordable
Technically, your employees are your computer, mouse, internet connection, search engines, software and everything that you can find online is, well sort of nearly free. Instead of getting a loan from the bank and borrowing thousands of dollars, why not setup online when it is conveniently free? :)
4. Marketing is Free
Information about your business can be put online! with all them artsy fartsy thing-a-migics.
marquee banners and web titles, flash objects/short clips or even music! You have a chance to provide your information in any format that you want that will suit your business.
How great is that? and you don't even have to pay a interior designer to do it.
5. Spider webbed!
With your business online, YOU CAN REACH THE WORLD. Your website can be and will be viewed 24hrs a day, 7 days a week; practically the entire year. No worries about nobody hearing about your website, when it's good, the word of mouth travels faster than you can send out flyers telling people about your website.
6. Convenient for Customers.
Customers can view the website as many times as they like. It's not like you are forcing them to view your website to purchase your products but more like, customers have the luxury of viewing your products over and over again. There is very little or no coercion at all. It's good for you, and your customers!
7. Your website doesn't need to sleep.
You are only human. Eating, sleeping, and other daily activities are part of your life. However, your website doesn't. It will continue to generate income for you and all you have to do is wake up to orders and wait for the money to roll in. $_$
8. The address book
Allowing customers to fill in their information, you can always let them know about the latest updates, the special discounts of certain items, or even maybe special sprees that are only available to them. By building such customer relations, the bond will strengthen and customers will become loyal. Business repeats, so does the cash-ins!
9. Competitive prices.
It isn't rare that someone else sells the same products / services that you have. The competition will get rough as you fight to keep your price the lowest yet the best. However, such competitive prices keep you in check and it creates the drive to attract your customers even more! Competition is always good.
Last but not least,
10. Your commitment.
One needs commitment to make any business successful. Being on the edge helps. Read the books or visit the sites of those who have made it big. It is never too late to learn and by learning more, your business online will only reap results!
:D cheers.