Once your business is online, what opportunities can you take advantage of?
Answers
Let’s imagine there is a business named ‘fashion factory’ in Mumbai and as that business is flourishing, they are opening another branch in another city and in time they are opening new store’s every six months.
In some 5 years they could have expanded to 10+ stores and could have increased their sales 10 fold and profit too.
That’s a good success story isn’t it?
What if I tell you they could have got more presence and better in sales than that in less than a year that too in fraction of the cost of physical expansion ?
Yes that’s all possible If they had gone online and everyone knows that.
That being said let’s look at the advantages :
1)More effective marketing
2)24*7 purchases
3)Increased business visibility
4)Less operation costs
5)Can manage the business from anywhere
6)Global access
7)Better accessibility
8)Financial transactions are much easier to track and transfer, etc and the list goes on….
..
..
..
please mark as the brainliest answer.