Reasons Why Online eCommerce is the Best Business – Online eCommerce can seem like a complicated and difficult business to enter, but it doesn’t have to be that way.
If you’re looking to start your own online business but aren’t sure which one will work best for you, here are seven reasons why online eCommerce may be the best option for you.
Affordability
Starting a traditional business can be expensive. You’ll need to rent or buy an office space, purchase inventory, and hire employees, among other expenses.
This isn’t usually an issue for online businesses. In fact, you don’t need any physical offices at all and you can work from anywhere with an internet connection.
If your business requires local resources like employees or supplies, they will typically cost less online than they would otherwise.
On top of that, you may also find it easier to qualify for startup funding if your business is online rather than brick-and-mortar—funding may come from sources such as family members or personal loans instead of banks or venture capitalists.
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Flexibility
Not having to go to a brick-and-mortar office every day means you have more time for your family and friends, not to mention making it easier for you to travel.
Furthermore, being your own boss means no one else can tell you when or where you need to be at work.
If there’s a pressing matter that needs attending, whether it’s a meeting with an investor or getting an important shipment out on time, simply put aside everything else and give it your full attention.
Although some positions do require office attendance—it’s important to remember that being online doesn’t always mean working online.
Education
Before you start an online business, make sure that you have a clear understanding of how to get it off the ground.
You should educate yourself about what it takes to make an online business successful. Start by reading books, watching videos, and asking mentors and peers for advice.
For example, depending on your industry, setting up a professional domain may be essential. Learn why before starting a business if your website name matters to attract customers in 2017 and beyond!
Freedom from Commute
You are never going to get rich by working in your car. There’s nothing wrong with that – there’s a time and place for people who want to do that.
However, there’s no reason to build a lifestyle around spending two hours a day doing something you don’t like when you could be at home with your family.
Your commute doesn’t have to be an obstacle; it can become an opportunity. Figure out what you need to do while commuting, set up shop in your car, and then use those two hours each day as part of your workday.
It will be less exhausting than fighting traffic every morning, and if you’re taking advantage of that time rather than dreading it, you’ll find yourself much more productive than most people with sit-down jobs.
Free from Selling Goods you Don’t like
If you own a brick-and-mortar shop, you’re likely limited to what you can sell. If you run an online business, however, there are few limits on what kind of products you can offer your customers.
You can even test out a new type of product before adding it to your brick-and-mortar shop. And that makes for happier customers!
Although selling online may be more difficult at first than your standard business, once things get going there are a lot fewer rules and regulations involved.
Start selling online today by finding out what works with groups like your local Chamber of Commerce or Better Business Bureau.
Ability to Make Your Own Hours
What some people don’t realize is that they can create their own schedule. When you’re running your own business, there are no strict hours of operation; in fact, depending on what you do, there really isn’t any off time.
You can work when it works for you and still be just as productive (if not more) than someone who has a traditional job.
Imagine having 4 days off every week and only working three 8-hour days; all while being just as effective at your job!
Not to mention that when you have your own company, you get to set rules and standards instead of being forced to follow them.
Work in your PJs
Having an online business means you can literally run it from anywhere in the world. You can be sitting at your kitchen table or lounging on a beach chair; either way, you’re still running your business.
You don’t have to spend time commuting and gas costs are minimal. In fact, if you have high-speed internet access, you can create a successful online store without having to ever set foot in a brick-and-mortar shop.
That’s right, it’s possible to make money online while wearing your PJs! One of our favorite online entrepreneurs with six-figure success started by selling products at trade shows in his pajamas – and he wasn’t alone.
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