|
|
A Business Move That Can't Lose
Introduction
Ecommerce is reaching enormous numbers as more and more consumers are relying on the convenience of online shopping. Shoppers can peruse the web for anything from clothes to electronics. It is much easier to log onto a computer than to drive around looking for sales. Businesses offering products and services are realizing the enormous sales power the web has. The great thing about establishing a business on the web is that you can conduct your business from virtually anywhere.
“The people who are crazy enough to think they can change the world are the ones who do.”
Good News
A good thing is that you do not have to come up with a great money making idea on your own to apply to the web. There are plenty of computer and internet franchise opportunities available. Franchising is a very logically sound business move because the success of the business and the insight to continue the success is readily available to anyone that would like to engage in the enterprise. A business being a franchise means that it is a moneymaker and the original owners have offered this occasion to the public.
If you are not convinced that not only owning your own business is great but a business focused around the internet, check out these numbers:
“…the estimate of U.S. retail e-commerce sales for the third quarter of 2005 was $22.3 billion, an increase of 5.7 percent from the second quarter of 2005.” –U.S. Census Bureau
“2004 online retail sales rose 23.8 percent to $89 billion, representing 4.6 percent of total retail sales. Online sales will rise to $172.4 billion this year (2005).”—Forrester
“Online ad growth of 33.7 percent is expected to reach $12.7 billion in 2005.”- Emarketer
“Everything is connected…no one thing can change by itself.”
The Big Deal
Ecommerce offers some alluring aspects that keep businesses online:
If you properly establish your internet site, the web can lower both order-taking costs and customer service costs post purchase.
There is a lot more detail expressed in relation to online goods and services. People do not feel pressured or rushed; they can buy at their leisure. This leads to more purchases and repeat customers.
Being online means that a business can engineer their services towards the customer. Customers can keep track of things they have bought, be informed of new items of interest, and get reviews from others who have made an impending purchase.
The experience of shopping is not invasive and can be more time efficient. Customers can see multiple suppliers at once and do not have to deal with salespeople who may actually lose the sale instead of make them for a business.
“The world will not change until we do.”
Stores have to constantly rotate new items and either stash away old ones or deemphasize their placement. An online catalog gives you the ability to showcase your entire line of products or services. Customers can see things in different colors and at different angles as if they were seeing them live.
An online business can have an associated blog which can stimulate customer feedback and foster better relations with the consumer. This will generate a sense of familiarity between the consumer and the business which will be profitable for both.
|