advantages and disadvantages of starting an online business

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Advantages and Disadvantages of Starting an Online Business By Christine John http://www.christinejohnbooks.com

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Before you start your internet business venture, you should consider the advantages and disadvantages of starting an online business.

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Page 1: Advantages and Disadvantages of Starting an Online Business

Advantages and Disadvantages of Starting an

Online BusinessBy Christine John

http://www.christinejohnbooks.com

Page 2: Advantages and Disadvantages of Starting an Online Business

ADVANTAGES

Page 3: Advantages and Disadvantages of Starting an Online Business

1. You can be Your Own Boss

• Have full control over what you sell• Charge the

amount you want for your products and/or services• Keep 100% of

the profits

Page 4: Advantages and Disadvantages of Starting an Online Business

2. No need to Rent a Building for a Store or Hire Sales Staff

Page 5: Advantages and Disadvantages of Starting an Online Business

3. You can Operate Your Online BusinessIn the Comfort of Your Own Home

You don’t have to worry about the long commute to work.

Page 6: Advantages and Disadvantages of Starting an Online Business

4. You can Sell Directly From Your Website

Your customers can order your products directly from your website and you can ship them to your customers from one central location.

Page 7: Advantages and Disadvantages of Starting an Online Business

5. You can Reach a Larger Target

AudienceYou are not restricted to selling to consumers located in your neighbourhood or local region. Your consumers

can be located all around the world.

Page 8: Advantages and Disadvantages of Starting an Online Business

6. You do not Need a Lot of MoneyTo Start an Online Business

Internet business are

fast, cheap and easy to

set up.

Page 9: Advantages and Disadvantages of Starting an Online Business

7. You do not Need a LargeAdvertising Budget

You can promote your online business for FREE very easily by producing a video, submitting articles to article directories, interacting with other users on social networks, and creating slideshow presentations.

Page 10: Advantages and Disadvantages of Starting an Online Business

DISADVANTAGES

Page 11: Advantages and Disadvantages of Starting an Online Business

1. Promoting an Online Business can be very Difficult

New online business owners may find it very difficult to establish their websites on the internet.

Page 12: Advantages and Disadvantages of Starting an Online Business

2. Competition with Large Businesses

You will be competing with large businesses that have far greater resources than you do to attract customers to their

sites.

Page 13: Advantages and Disadvantages of Starting an Online Business

3. Not all of Your Customers Want to Order From Your Website

Depending on what you’re selling, your

customers may prefer to purchase their

goods from a physical store rather than

ordering it online.

Page 14: Advantages and Disadvantages of Starting an Online Business

4. You may have Trouble DevelopingRelationships with Your Customers

Having an internet business means that you may have trouble developing relationships with your customers because you do not deal with them face to face. This could hurt your business because your customers may be inclined to make an in-person purchase rather than visiting your online store.

Page 15: Advantages and Disadvantages of Starting an Online Business

CONCLUSION

• Think carefully before jumping into an online business.

• Do not be discouraged by this information, but do a lot of research about starting an online business.

• Keep an open mind.• Be aware of the benefits and challenges you

will face when starting an online business.

Page 16: Advantages and Disadvantages of Starting an Online Business

Do you want to find out more about starting an online business? Order your

copy of the book How to Start and Run an Online

Business by Christine John.

Available Now From Amazon in Paperback and Kindle Format.

http://www.christinejohnbooks.com/how-to-start-and-run-an-online-business