Bill Gates once said that in the future there will be two classes of business – namely, those that are online and those that are no more existing. The current trends in business cycles are proving this to be true with every passing day.
More businesses are going online and increasing their profitability while those that cannot read this handwritings on the wall are losing customers, profits and depressed bottom-line, to them, on a very rapid rate.
Thus the next wise thing for any business owner to do is to think twice… on how to get his business online as soon as possible.
There are 3 approaches to taking your current Offline Business online namely:
- You can set up a self-hosted website and sell your merchandise using phone, web chats (as in Yahoo/Facebook chats) or payment processor, all run by yourself.
- You may otherwise want to use other companies to sell your products globally for you – you only source and supply the goods to them e.g. FBA that I will discuss below, or
- You may wish to enrich your merchandise by just linking your own website to so many others and also helping them to sell their goods as affiliates while also making commissions for yourself. This is possible with eBay, Amazon and most sites selling similar product in your own market niche.
For most beginners, doing this by yourself is generally out of the way because of the vast technological background knowledge that may be needed to guarantee profitability.
Even though nowadays, software is impressively bridging the gap, and levelling the ground to make ecommerce almost an all-comers affairs, yet, it may be quite a breath-taking experience to cover the learning curve.
Our Private Coaching and Marketing Bootcamp, might be just the thing!