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

[Kelly5]

Yes setting up an online store for the sole purpose of and running an ecomerce with it is a very high risk investment. It is so because setting it up alone and putting in stocks of your products without making sales is tantamount to calculating losses already.

 

[Xerryl]

store is a good business whether online or offline. Just make sure that there is a demand for your products. For me, the ideal products for an online store are household items and personal accessories that the customer will buy from time to time. Just take note that it is not easy to promote an online store because the online store buyers are already purchasing in big e-commerce sites like Amazon. That will be your competitor.

 

[Chibson]

Setting up an online store is not a high-risk investment. Even though there is nothing in this life that is not risky. All you need Is to bring out value first then people can start patronizing your business. I know someone who have an online store, particularly for relationship and dating. He added value to people and of course people are patronizing him.

 

[Khezo]

Online shop I can describe as a risky nvestments because you are not certain business with go as you expected to be anything online can take a turn for the worst if not properly managed or looked after so online business are like a risk because it's not sure or certain one would see good profits from those online businesses

 

[Veetos12]

Yeah bro. If one pays a close attention to risks, one can manage them effectively in order to minimize loss and maximize profit as much as possible and the business will grow at a reasonably high pace. meanwhie one has to be careful of the kind of risks he exposes his business to, not all risks are worth taking

Of course not all risks are woeth taking. However, some people believe risk takers are the only set of successful business owners in the world. Also those who do not take risks are just cowards and remain poor forever.

 

[Adeyoola7]

Everything is risk either online or offline Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan

 

[Jimmie150]

If you it will be so nice to do. I have also been considering setting up own online business due to the fact internet users are growing on a daily basis all over the world. It has now contributed positively to online business.

Post automatically merged: Feb 7, 2021

If you it will be so nice to do. I have also been considering setting up own online business due to the fact internet users are growing on a daily basis all over the world. It has now contributed positively to online business.

 

[Sake]

I say that every business there's always some risk but I can't really call online selling business a risky business. Since everyone can do it, everything is just depends on how good your marketing skills are. The only risk i see is when you encounter a fake buyer or a scammer there's a lot of them online.

 

[Kamon c4]

Opening an online store is a high risk investment cause it doesn’t assure you of returns. With the detailed information listed above, it’ll cost you a fortune to create a domain then another huge money to procure products. It’s a nice idea provided you’ll work effortlessly on the marketing l.

 

[nasiusman95]

Yes setting up an online store for the sole purpose of and running an ecomerce with it is a very high risk investment

 

[Josephjossy]

I don't think that there is any risk in starting up an online store. In this pandemic era, most people now prefer shopping online than offline. So starting an online store is a good investment that will make you huge money if you manage it very well

 

[Olubayo12]

I am thinking about setting an online store. You might ask, how much money I am investing? Here is the breakdown of the investment.
Domain: $13 (dot com from namecheap)
Hosting: $95 (VPS from namecheap
Content management: $384 (Shopify basic membership
Add on: $200 (approx)
Digital Marketing: $500 (approx)
I will need a total $1156 to setup an online store and promote the store on social media to generate sales. The cost does not include the price for product manufacturing or procurement. I will need an additional $1000 to either procure products or manufacture products. Will I actually make money from this store? There is no guarantee.
So, do you think setting an online store is also a high-risk investment?

There is nothing really risky there than the normal risks that are associated with normal business that everyone does. online stores are very good forms of business and a lot of people do it and they are fairing well in it.

 

[Sheun450]

However, certain types of business come with more inherent risks than others. If you are interested in starting up your own business and want to get investors, they may be scared away if your business contains too many high .

 

[Klismannm12]

setting up an online store does not involve any form of tricks as a matter of fact it is a way to get your customers are those who specifically the rules are meant for stretchy without having to go to the all sorts of staying as a place and then waiting for them to come to you you can actually set it off why you still wait for them to come

 

[OderuMiracle]

We all know that every startup is risky. No risk means no reward. Yet every investor has his own “rules of thumb” on what makes a specific startup too high a risk for his investment taste. You need to know these guidelines to set your expectations on funding.

 

[Abigael]

It is considered a high risk when the product you are selling is not in demand to the market. Because you could worry it could only stock up in your inventory. When you sell products make sure it is a needed by the consumer. Other you should worry is the bogus buyer.

I agree with you. Selling products that are not in demand can make your business to grow too slowly. And that is high risk you are taking with your money as you may keep loosing it. It is best to know clearly what your market wants so that you sell them that.

 

[Highflyer]

To me setting up an online store isn't much of a risk, as long as you can offer timely deliveries and you always have your products in stock, you're good to go. You should however use a very good designer for your store layout.

 

[Ebuka Stephen]

I dont think so, cause to me this is an online business the risks are lesser,it is even easier to start up and online business compared to physical ones, well I think setting up and online store isn't a bad idea as this pandemic has really helped online businesses go boom

 

[eenya00]

Setting up an online store is not a high risk investment, it is a viable form of business that has proven track record if done correctly, but if you don't have the required knowledge or the necessary skill to run it, then it becomes a high risk investment because you stand the chance of losing all of your invested capital.

 

[Adil]

Along the way, Crescenzi provides unique and invaluable insights into the role of the bond market in recent economic crises (both 2008 and 2020), in an era of the rise of socially responsible investing, and at a time when we may well be witnessing a seismic shift in economic and financial power from the United States to China.