Discussing the reasons of why many marketers are not able to convert lead to sales.
【Traditional vs Online Business PART 2】 9 Advantages You MUST Know
Online vs Traditional Business Part 2 is UP!
Hey hey hey, it’s Hardy here. Part 2 is finally here!
I am very excited to share this episode with you ~
So how do you feel about the last Episode?
Does it make sense to you?
In the last episode, I shared ‘7 Terms You Should Know About Traditional Business.’
If you have missed the previous episode, click here to check it out.
In this episode, I share the second part of
Online Business vs Traditional Business with you, ‘9 Benefits of Online Business’.
9 Advantages of Online Business
I am sure you have heard it said that online business is the future.
I couldn’t agree more since it happened decades ago,
like Alibaba, Taobao, and Tmall from China.
In the United States Amazon, eBay, Shopify, Teespring,
Qoo10 and Shopee from Singapore, Lazada, Carousell, etc.
We can see that people like to purchase goods from the internet nowadays.
Everything from small fridges to all sorts of weird and wonderful items.
As a result, we have realized that more and more brick-and-mortar shops
have been seriously closing down in recent years, especially in China.
Therefore, people are starting to learn how to make money online.
Building their own online business, doing part-time sales online, and working from home.
Even they want to move their business from offline to online.
But what is the main reason why more and more people are doing this?
Why? What makes them go for this path?
Here are some of the critical reasons…
5 Critical Reasons to Build Business Online
1) Massive Cost Reduction
You really could save a lot of money by building a business online.
Regardless of whether you are just starting a new venture or already own a traditional business.
e.g renovation & design for the company, workstations, equipment, rental,
water & electricity fee, installment/rental for car, patrol fee.
You could save it all literally.
Even if you already have a website, it won't cost you that much money each month.
2) Outgoing is Not Required
It is an online business, so you don’t need to go out to meet anyone, to make sales.
As a result, you don’t need to drink with some clients somewhere else until very late.
3) No Specific Place/Country Restriction
Internet is crossing over the entire world, as long as there is internet.
You could make money by taking advantage of it.
Your revenue comes from different countries all over the world.
Unless you intend to do business with locals only or in certain countries.
4) No Time Restriction
Your business runs by itself 24 hours and 365 days non-stop,
if you have a smart system that can help you generate sales automatically.
You can even make money while you sleep.
Unlike a physical store, you do not have to set opening hours or work overtime.
If you don't work that day, you don't get paid.
5) No Worry that the Customer Holds any Payment for Months
In principle, online businesses require customers to make payments before receiving the goods or services.
Therefore, you can eliminate the payment on hold issue.
Other Possible Advantages:
Don’t Need to Have Your Product
Yes, it is not a typo error.
To make money online, you don’t need to create your products.
You can get my FREE training below if you want to find out more.
No Stockpile
If you sell virtual products (online courses, software, etc) or services.
You don’t need to spare space to hoard stock in your home or rent a place purposely.
Even don’t need to worry that you can’t finish selling your goods due to too many stockpiles.
Work from Anywhere/Home
As mentioned above, as long as there is internet, you can do your business anywhere.
You don’t need to go specific location or work at a specific time.
Convenient
Same as above
Don’t Need to Rush Back Home
Over the years, I have observed many people hurrying back home after work.
Consider going to the gym, cooking for the family, and looking after the children.
If you can work from home, you no longer need to hurry.
You can do anything at any time.
Plus, you feel comfortable at home.
Traditional | Online | |
A Large Amount of Money | ||
Outgoing /Entertaining | ||
Local Restrictions | ||
Time Restrictions | ||
Customer Hold Your Payment | ||
Work from Home / Anywhere | ||
Convenient | ||
Comfortable |
Of course, all the points I mentioned above are my personal experience & opinion.
If you intend to make money online, want to build an online business,
or turn your current business into an online one,
but you have no clue where to start, what to do next, or need a step-by-step guide.
I have a series of FREE training.
You can click here to get access to the training.
Hope my information will help you.
What is your perspective on this topic?
Let me know in the comment below👇
Previous Episode: Traditional vs Online Business PART 1 - 7 Terms You Need to Know
My name is Hardy. For the past 13 years, I have been working oversea with only one goal, to make more money. Years after years, I was sick and tired for the day job and realized that I won't be able to go back to my country and be with my family if things remain the same. I had to figure out a different path. To do so, I have to become something else, I have to become an Internet Entrepreneur.
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