Thursday, November 12, 2009

Starting an online business

Starting an online business is much easier than a brick and mortal business. Online business offers a few advantages over the conventional business. Some of the advantages are:

  • Zero or small start-up capital
  • Easy accessibility  to global market 
  • No time and space limits
Usually you don't need a big capital to start an online business. If you know how to design webpage yourself,you might just need to pay for the domain name registration and hosting fees. Domain registration fee is around $3 to $20 dollars a year and hosting fee might be only a few dollars a month. These fees are really nothing compared to a normal shop, where rental alone can come to a  few hundred dollars a month!

As Internet connects everybody in the whole world, doing business in the virtual world means you have global reach in the online market! Even a niche market is infinitely big at global scale.

And the best part is you are not bounded by time and space . You can conduct your business anytime anywhere as long as there is Internet connection. The products and services can automatically sell themselves 24 hours a day, even while you are fast asleep or enjoying a vacation.

Then what can we sell online? That is the topic for next post, right now I 'm going to take a nap while I let my Internet business runs at autopilot mode.

3 comments:

Anonymous said...

Making money online is not as easy as some people believe. It can take time and if you are just starting out it can be very frustrating. Making money online is a great thing. You don't have a boss and you work whenever you want.

Sanket said...
This comment has been removed by the author.
John Michle said...

Its really informative some facts and other points given here are quite considerable and to the point as well would be so far better to look for more of these kind.

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