Advantages and Disadvantages of Starting an Online Business

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Advantages and Disadvantages of Starting an Online Business By Christine John http://www.christinejohnbooks.com

Transcript of Advantages and Disadvantages of Starting an Online Business

Advantages and Disadvantages of

Starting an Online BusinessBy Christine John

http://www.christinejohnbooks.com

1. You can be Your Own Boss

• Have full control

over what you sell

• Charge the

amount you want

for your products

and/or services

• Keep 100% of the

profits

2. No need to Rent a Building for

a Store or Hire Sales Staff

3. You can Operate Your Online Business

In the Comfort of Your Own Home

You don’t have to

worry about the

long commute to

work.

4. You can Sell Directly From

Your Website

Your customers can

order your products

directly from your

website and you can

ship them to your

customers from one

central location.

5. You can Reach a

Larger Target Audience

You are not restricted to selling to consumers located in your

neighbourhood or local region. Your consumers can be

located all around the world.

6. You do not Need a Lot of Money

To Start an Online Business

Internet

business are

fast, cheap and

easy to set up.

7. You do not Need a Large

Advertising Budget

You can promote your

online business for FREE

very easily by producing a

video, submitting articles to

article directories,

interacting with other users

on social networks, and

creating slideshow

presentations.

1. Promoting an Online Business can

be very Difficult

New online business

owners may find it

very difficult to

establish their

websites on the

internet.

2. Competition with Large

Businesses

You will be competing with large businesses that have far greater

resources than you do to attract customers to their sites.

3. Not all of Your Customers Want to

Order From Your Website

Depending on what you’re

selling, your customers

may prefer to purchase

their goods from a

physical store rather than

ordering it online.

4. You may have Trouble Developing

Relationships with Your Customers

Having an internet business

means that you may have trouble

developing relationships with

your customers because you do

not deal with them face to face.

This could hurt your business

because your customers may be

inclined to make an in-person

purchase rather than visiting

your online store.

• Think carefully before jumping into an online

business.

• Do not be discouraged by this information, but do a

lot of research about starting an online business.

• Keep an open mind.

• Be aware of the benefits and challenges you will

face when starting an online business.

Do you want to find out more about

starting an online business? Order your

copy of the book

How to Start and Run an Online Business

by Christine John.

Available Now From Amazon.com and

Amazon.co.uk in Paperback and Kindle

Format.

Click on the Link below for more information.

http://www.christinejohnbooks.com/how-to-start-and-run-an-online-business