In current times, a Retail / Physical shop not only requires a huge budget for setup & decor but also recurring expenses on maintenance and manpower.
Today, with the growing penetration of Internet and credit cards, the online spends by consumers is increasing by leaps & bounds. Infact online shopping has become the most convinient method of purchasing products / services online.
To put it short - An Online Revolution is Unfolding.
Smart businesses are using the web to drive revenue and sales. If your business retails products offline, it is time to explore e-commerce.
Whether you are a mfr. / trader / retailer, you can
increase your scope of reach & save on costs by
selling online.
An online shop is easy to setup and can be setup at a
fraction of the cost compared to a physical shop. It
provides a geographical reach all around the world.
1) Save on Distribution Margins / costs
2) No Physical Stock Required to be displayed.
3) No Rent, Electricity, Salesman Charges incurred at a retail outlet.
4) Increase your geographical boundaries - your customers can be from anywhere
in the world.
5) Small setup cost compared to physical shop
6) Manage customers / communicate with customers.
7) All payments received in advance. least risk business & many more...