Title: Top Benefits Of Taking Your Business Online
1Top Benefits Of Taking Your Business Online
2Sped-Up Buying Process
- Online business can speed up a customers buying
process. - Online businesses have the upper hand of listing
all their products online - Customers can go through the products one by one
and choose what they want to buy - Online businesses makes buying process faster and
easier on both sides.
3Cost Reduction on Operations
- Running a physical business involves several
additional costs like - Property rent
- Inventory costs
- Store design
- Workforce and maintenance etc.
- Businesses having lesser capital investment can
start with an online platform, will reduce the
operational costs to a great extent - It increases the profit margin of businesses
4Advertising and Marketing the Products is Easier
- The offline marketing tactics are complex and can
only target a specific area at a time - Typically, offline marketing methods are-
- Pamphlet distribution
- Promoting through mobile vans
- Online businesses enjoy the benefit of using
online marketing tools on the websites they are
on - Further social media is also a great way to
leverage your business online and reach more
potential customers
5Streamlined Process and Record-Keeping
- An online business has the upper hand in
maintaining and analysing the businesses
position - Businesses can track what your customers are
looking for, which products are working better
and what the market trends are like. - The best part, this job can be handled by certain
tools available in online e-Commerce store.
6Flexibility For Customers
- Via Online platforms businesses can reach to
their customers beyond the periphery of a
geographic location - Beyond the geographical location of your business
customers can browse your products or services,
and even place orders online - Biggest advantage for businesses- can sell their
products online 24x7 - To optimise profits, your business must be
accessible to buyers who prefer online purchasing
to traditional shopping
7Better Customer Support
- Customers today look for instant aid in case of
any issue that has arisen during the purchase
processes - Creating an online store is unveils the scope for
providing better and prompt customer support in
an organised manner - Having own business website or application,
allows you to communicate with your customer at
any time and from any location - Improve the customer experience by targeted
promotions advertisements
8Convenient Modes of Payment
- Typical offline stores in India use only cash as
the most-used mode of payment. - While shopping, many customers may face a
shortage of cash - Customers prefer online shopping because of the
added convenience of several modes of payment - UPI
- Netbanking
- Wireless transfers
9Thank You
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