You can also save costwith other operations such as customer service, delivery or inventory storagewith a good business model. Much resources have been spenton these, the physical products are lying around at the back, tenancy agreementhave been signed for 2 years. Thanks to the beauty of technology and Google.4pt;mso-para-margin:0cm;mso-para-margin-bottom:. Did I also mention that the costof setting up a website or listing on selling portal (etc.shape {behavior:url(carton production linedefault#VML);}
Save Cost
By eliminating the brick and mortar stall, you do not haveto worry about rising rent or renovation cost.v\:* {behavior:url(#default#VML);}o\:* {behavior:url(#default#VML);}w\:* {behavior:url(#default#VML);}.
Always Open
A businesson line will not require a person to physically mend the stall,with just an automated system and email. In a traditional business, you cannot simplychange the product or service you are offering. Your business would be open 24 hoursper day and 7 days per week.
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Documented DataAnalysis
Without being physically present, you are still able to knowhow many people have visited your page, purchased and which are the mostpopular products.0001pt;mso-pagination:widow-orphan;font-size:11.4pt 0cm 5.0pt;font-family:"Calibri","sans-serif";mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-fareast-font-family:"Times New Roman";mso-fareast-theme-font:minor-fareast;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;mso-bidi-font-family:"Times New Roman";mso-bidi-theme-font:minor-bidi;}.
World wide Reach
Your customer do not necessary be from your geographicallocation, with the internet you are able to reach customers worldwide. Your online business operates when while you aresleeping, travelling, studying or spending time with your loved ones.
Due to the nature of online business, it is possible tochange the business strategy within a short time without much trouble.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-qformat:yes;mso-style-parent:"";mso-padding-alt:0cm 5.
High Adaptability
Along the way, you might feel that this product is notprofitable or suitable for you. Thebusiness is making a loss, any transition will require at least a few monthsadditional time and money will be wasted. ebay, amazon, ebid)is comparatively lower as compare to a physical stall. These vitalinformation that could aid in your strategy planning and competitive analysis.
Hope the above will give you a clearer picture on theadvantages of building businesson line