The pandemic has undoubtedly changed the way how we live and view the world. For most entrepreneurs, the crisis has caused businesses to lose income and even worse, close. The traditional brick and mortar stores are now facing a challenge to adapt to the ‘new normal’ in order to thrive during these times.
If you are still caught up in this situation, here are 3 reasons why you should consider moving your business online.
E-COMMERCE IS HERE TO STAY.
If you are thinking to just wait and let the pandemic run its course and wait until things get back to normal, think again. The ease and convenience that online shopping has made for consumers will definitely make e-commerce stay even after the pandemic. More and more consumers realize the value of time and would rather spend it with family rather than brave the heavy traffic going to the malls and cueing in long lines in the grocery.
MINIMIZE YOUR SPENDING ON OPERATIONAL EXPENSES.
By going online, you would save on rent, electricity, manpower, and other operational expenses. More than half of business expenses are coming from operating a physical store and eat up most of the business income. Move your physical store online store and cut your expenses in half to gain more income for your business.
USER-FRIENDLY DIGITAL TOOLS FOR YOUR ONLINE BUSINESS
Technology has made it really easy to set up an online store today. There a lot of service providers now offering free website hosting and domain if you would like to build your own e-commerce sites. And now, you don’t have to spend a lot of money to hire a web developer to build your site as these digital tools are very intuitive and easy to use. You can even make use of social media platforms such as Facebook to sell your products online. There are also a number of delivery services options right now to deliver your products right at the doorstep of your customers.
For more tips on how to start your own online business, fill-up the form to schedule a free call consultation.