The major reason why we established an online presence is basically to establish a business that will reach out to more people. That’s why investors run to the Internet to get more clients.
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Internet firms provide benefits such as reaching a larger consumer base and broadening their scope. E-commerce and e-business methods are specifically developed to assist firms in increasing their consumer base and sales.At the moment the internet and technology is everything. We rely on it for every small thing that we may do throughout the course of a day and naturally so as this is very important for finding out information and even for shopping. However, are internet businesses a better way to succeed that regular stores that have a physical location?
If you think about it, when you have a physical store, you are limited to the people within that area and therefore your customer base extends to those that are within the area and those that may be passing through the area on the offz chance. However, if you have an internet business you are able to reach a much broader customer base that could even be global if you decide to offer that as a shipping option, which could be much better for your business success and expansion as well.
What are your thoughts on this? Do you think a physical or internet business is bound to generate you more success?
Business owners use the Internet to monitor customer purchasing trends and interests. To discover what everyday people think about a particular product or service, business owners can visit online social networking sites and message boards. Taking in this feedback helps business owners make their products better.
In my opinion, an Internet business is more suitable for reaching a wider customer base than a physical business. This is because with an Internet business, one can reach out to various people in different locations.
There is always a higher possibility of reaching more customers online when your business is being promoted on social media platform and through other online means because there are more people online who are making use of them to look out for what they want to purchase.
Unfortunately, the main problem is the fact that there are so many people who do not use the internet. I think around 25 percent people in my country do not use the internet. Most of the internet users in here are people who live in big cities.