Which are the first steps you should consider when constructing an online business strategy?
Answers
Answer :
The first steps you should consider when constructing an online business strategy are :
1. Identify and divide your target audiences.
2. Understand the target audience through in-depth research.
3. Decide the main purpose of your online business and develop a unique selling point (USP).
4. Develop a mission statement according to the main purpose of your online business.
Among the given options, the first step one should consider while constructing an "online business" is to create "goals and identify" a unique selling point (USP). The main of the business lay on two principles namely buying and selling. The person who plans to go for selling his product through online mode must be goal specific and must show uniqueness in his way of approach. The goal must be of short term and must be based on the target audience.