1. Low initial investment
Posted: Sun Feb 16, 2025 9:13 am
Since the entrepreneur does not need to rent premises, hire many collaborators and invest in resources typical of physical stores, it is possible to start a business in an economical and austere way.
To set up an online store, you will only need to invest in a domain, hire a host and invest capital solely in technologies, strategies and techniques that make online sales viable.
2. Reduction of operating costs
This benefit goes hand in hand with the previous one. The cost of administration and operation of an online store is considerably lower than that of a physical store, mainly due to infrastructure and operation issues.
An online store does not require capital to ensure compliance with certain commitments such as renting a physical space, cleaning it and maintaining the facilities.
Therefore, these financial resources can be directed towards improving online marketing strategies , for example, and thus optimizing conversions.
3. Increase in coverage area
By working online, the company breaks down geographical barriers and has the possibility of selling its products or services in areas that are receptive to the solutions it sells.
This will help you expand your coverage area and optimize your revenue.
Depending on your business goals, you can sell your products or services to both domestic and foreign markets.
In other words, a good business strategy can denmark phone number list take your company to the international stage, but to achieve this bold step, it is essential that you have the necessary knowledge about international sales regulations.
Therefore, with e-commerce, your company can stand out among other consumer groups, close new partnerships, face new challenges and attract more customers.
4. High availability
On the Internet, a business can sell its solutions 24 hours a day, 7 days a week . An aspect that directly influences the extraordinary increase in sales and, therefore, in profits.
Note that virtual stores can absorb demand the moment it arises.
For example, when a person discovers that they need a new item of clothing to go to an event, they can go to their favorite store and buy it wherever they are, regardless of the time of day.
From this perspective, we must emphasize that easy access to the products or services needed to satisfy their demands generates a lot of satisfaction in people, mainly due to the immediacy and feeling of quick attention.
To set up an online store, you will only need to invest in a domain, hire a host and invest capital solely in technologies, strategies and techniques that make online sales viable.
2. Reduction of operating costs
This benefit goes hand in hand with the previous one. The cost of administration and operation of an online store is considerably lower than that of a physical store, mainly due to infrastructure and operation issues.
An online store does not require capital to ensure compliance with certain commitments such as renting a physical space, cleaning it and maintaining the facilities.
Therefore, these financial resources can be directed towards improving online marketing strategies , for example, and thus optimizing conversions.
3. Increase in coverage area
By working online, the company breaks down geographical barriers and has the possibility of selling its products or services in areas that are receptive to the solutions it sells.
This will help you expand your coverage area and optimize your revenue.
Depending on your business goals, you can sell your products or services to both domestic and foreign markets.
In other words, a good business strategy can denmark phone number list take your company to the international stage, but to achieve this bold step, it is essential that you have the necessary knowledge about international sales regulations.
Therefore, with e-commerce, your company can stand out among other consumer groups, close new partnerships, face new challenges and attract more customers.
4. High availability
On the Internet, a business can sell its solutions 24 hours a day, 7 days a week . An aspect that directly influences the extraordinary increase in sales and, therefore, in profits.
Note that virtual stores can absorb demand the moment it arises.
For example, when a person discovers that they need a new item of clothing to go to an event, they can go to their favorite store and buy it wherever they are, regardless of the time of day.
From this perspective, we must emphasize that easy access to the products or services needed to satisfy their demands generates a lot of satisfaction in people, mainly due to the immediacy and feeling of quick attention.