Is Setting Up an Online Store a High-Risk Investment?

[HayKay]

It's a high investment risk once your money has come into play - then you'll require a lot of monitoring and channeling it right so your money doesn't go to waste.
May we find success in our quest for online success.

 

[Laurentta]

I didn't know it costs this much to own an online store. All the same, i don't think owning an online store is risky rather it's the customer that might be at risk because most online stores demand payment before delivery.

 

[Sincerem]

It has its own risks attached to it but it is actually a manageable risks which is a good thing. There are several tools that can be technologically put in place to help the entrepreneur control activities that take place or occur within the online store.

 

[Achawaskey]

I don't think is a high risk investment, because it all boil down to planning and market research and study, look for those things that made eBay and Amazon so great, I you can't start like them or compete but you can use there strategy and add a bit of yours. You will surely make it.

 

[Chibson]

Every business is risky but not every business is a high-risk business. When you're talking about high risk businesses you should be talking about ponzi schemes. Setting up an online store can actually give you a lot of money in the nearest future. It is a very good business idea if you can do it properly and it has the ability to give you passive income in the nearest future.

 

[Lens]

Setting up an online store is never a high risk investment. It more safer than so many investment, including cryptocurrency. The only setback is that it is highly capital intensive.

 

[Sincerem]

Since this is a business , I do not consider it as a high risk investment. Business success depends on your management and also the Niche you have chosen to concentrate.

 

[Popular]

I think it is a very high risk you want to take but it all depends on how sure you are or that you have targeted the number of customers that will patronize your online store..well the main work is advertising it and getting publicity too.

 

[Sotherefore]

It is not a high risk investment, the most important thing will depend on your services that is what determines the success of so many people who have similar platform.

 

[tray59]

Setting up an online store is never an hyip its a good business which if you manage it well you can get better return through sales of digital item online.

So its not risk where the risk can come is when you dont know what to do.

 

[Ofonime6]

There is no way you can tell me that creating an online store is waste of time,some people make alot of money from online store selling different type of item and making some profit as their commission so its not void opening the investment channels

 

[tray59]

Setting up an online store is never that risky infact for someone like me I dont see what you will be lossing because from what I see even after when you pack those item there for sale in a website I think that its going to remain there for as long as you like it.
So setting an online store is never a waste of time.

 

[Ofonime6]

Setting up an online store is one of the best way for someone to make much money so I think that if you want to make money try this its not a waste of time or money or effort.
Its never a waste of time you will earn from here but you will still need some traffic

 

[tray59]

Creating an online store is never a waste of time or money rather what I know is that if you create an onine store and want to earn from it then you must make it know to people so that what you promote there can gain people attention.

So I think its never a loss of effort but its rather pave way for financial freedom

 

[tyrim88]

Everything in this life is about risk and it can either be of two ways but i will rather use that amount of money that’s up to $2200 to set up an offline business and if that’s successful, i can shit the business to an online one

That is definitelly true,because there are risk in almost all busineses,but that being said,it will be very good for one to do his due deligence in terms of proper research on how to make an online store work.

 

[Sincerem]

You needs to understand and have proper idea of what you want to do with the online store you have set up. Also you have to know the strategy you will need to adopt to achieve your main goal. Setting it up without proper plans might be a very high-risk investment as you may not likely achieve something from it.

 

[Shigobad2020]

Setting up an online store is never an hyip its a good business which if you manage it well you can get better return through sales of digital item online.

So its not risk where the risk can come is when you dont know what to do.

I don't see anything bad or risky in setting up an online store unless the product you are selling are not marketable, but the main issue that can make it risky is when you don't know how to market your business.