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Benefits of selling online
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adison55
Joined: Wed Sep 08, 2010 4:13 pm Posts: 10 Location: UK
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Benefits of selling online
Hello Selling online has a number of advantages over selling by conventional methods, including:
* Making savings in set-up and operational costs. You don't need to pay shop assistants, rent high-street premises, or answer a lot of pre-sales queries. * Reducing order-processing costs - customer orders can automatically come straight into your orders database from the website. * Reaching a global audience, thereby increasing sales opportunities. * Competing with larger businesses by being able to open 24 hours a day, seven days a week. * Being able to receive payment more quickly from online transactions. * Attracting customers who would not normally have investigated your type of high-street outlet. * Improving your offerings using the data gathered by tracking customer purchases. * Using your online shop as a catalogue for existing customers.
Thanks
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Wed Sep 08, 2010 4:19 pm |
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andey55
Joined: Thu Sep 09, 2010 7:03 pm Posts: 17 Location: Uk
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Re: Benefits of selling online
Hi Less Overhead # Since selling online requires no brick-and-mortar storefront and reduces the amount of employees necessary to conduct business, there is very little overhead compared to traditional retailing. Targeted Marketing # You can easily tailor your ad campaigns around your designated demographic. Social media websites offer an inexpensive form of marketing that gives business owners the advantage of word-of-mouth advertising on a grand scale. Extended Hours of Operation # Online selling gives businesses the opportunity to provide around-the-clock hours of operation, thus increasing their profit margins. Customers can browse through your goods or services whenever and wherever they have Internet access.
Thanks
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Thu Sep 09, 2010 8:55 pm |
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polin
Joined: Fri Sep 10, 2010 11:46 am Posts: 10
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Re: Benefits of selling online
Hello
The Internet can open up new avenues for your business to buy and sell products or services online, with such activities generically referred to as ecommerce.Affiliate marketing programs are actually agreements between website owners and merchants. Under this, the affiliate or website owners agree on allowing their website to be used for promotional activities, linking to site of the online vendor for the products. In return, the merchant pays a certain percentage of commission for all the sales acquired by the affiliate. Every time a person clicks on the affiliate website, he/she is redirected to the merchant website. When he/she makes a purchase on any of these sites, the affiliate gets a commission. Reaching a global audience, thereby increasing sales opportunities. * Competing with larger businesses by being able to open 24 hours a day, seven days a week. * Being able to receive payment more quickly from online transactions. * Attracting customers who would not normally have investigated your type of high-street outlet. * Improving your offerings using the data gathered by tracking customer purchases. You can easily tailor your ad campaigns around your designated demographic. Social media websites offer an inexpensive form of marketing that gives business owners the advantage of word-of-mouth advertising on a grand scale.
Have a good day !
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Fri Sep 10, 2010 12:09 pm |
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dyson
Joined: Fri Sep 10, 2010 4:24 pm Posts: 24 Location: UK
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Re: Benefits of selling online
Hi Less Overhead # Since selling online requires no brick-and-mortar storefront and reduces the amount of employees necessary to conduct business, there is very little overhead compared to traditional retailing. Targeted Marketing # You can easily tailor your ad campaigns around your designated demographic. Social media websites offer an inexpensive form of marketing that gives business owners the advantage of word-of-mouth advertising on a grand scale.
Thanks
_________________ time billing
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Fri Sep 10, 2010 4:30 pm |
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alden
Joined: Fri Sep 10, 2010 5:21 pm Posts: 16 Location: uk
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Re: Benefits of selling online
Hi
Thanks for sharing this nice information. I appreciate your post. Please keep sharing more and more information . You really doing great job..
Thanks
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Fri Sep 10, 2010 5:54 pm |
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rehlon
Joined: Wed Sep 08, 2010 10:54 am Posts: 39
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Re: Benefits of selling online
An online presence for a business is a powerful business opportunity, an implausible source of cost-efficiency, an environmental friendly way to work, and became essential for today’s business success.
• Cost advantages: Operating online business is cheaper when compared to offline business. This business model can work with less human intervention and is an inexpensive way to reach distinct markets effectively. Venues of promotion are wide and easily available and many options are of low cost. Unlike offline business, just with a computer and an Internet server, anyone can start an online business with minimum investments.
• Global reach: Online businesses have a potential advantage to choose the whole world as target market. Online business for global market has no restrictions or boundaries for operating the business. The market is expanding because customers are demanding more services online. People all over the world can gain advantages of doing business online. It can have wider consumer base locally and internationally.
• 24 hours business worldwide: As soon as a website is launched, the company starts working 24/7 for their customers. Company can meet the expectation of thousands of customers at a time. In online business, customers not only can visit the website but also can place their orders at any time. No specific timings of business are followed and the business operations will never close in between any two days.
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Sat Sep 11, 2010 12:07 pm |
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