Thursday, December 1, 2016

Many advantages to starting an online business


Assalamualaikum Wa Rahmatullah,
(May Peace and Mercy of ALLAH be upon you)


[As published in New Straits Times, Letters' Column. December 1, 2016]






You can make money, online or offline, if you have something to sell. But first, you must figure out what you want to sell.



There are many things you can sell online, from digital products to physical items. Many people think about things that they enjoy or have a passion for when they want to start an online business.



For instance, if you are an avid fridge magnet collector, why not start an online business? I have a friend who is now successful in her online business selling these fridge magnets.



PHYSICAL PRODUCTS



Being tangible items, there are many products that are popular with consumers. People enjoy purchasing things at a click of the mouse without having to leave their homes. This is why sites like eBay are very popular. Consumers are able to find the things that they want at lower prices.



NON-PHYSICAL PRODUCTS



There is a huge online industry for this category as there is no need to stock items or ship anything to the customer. Information is a big part of this industry and can cover anything from self-help books to e-books to audio books. Others include software, website banners and logos.



Non-physical products definitely have an advantage over physical products when one considers the delivery factor.



SERVICES



Another thing one can sell online is service. There are many freelancers who do this successfully.



For example, freelance writers, website builders and even flash programmers.



Selling a service online can be beneficial because oftentimes there is an existing company that you can utilise.



This means that you don’t have to start your business from scratch and do not have to come up with sufficient money to start a business. However, before you can start an online business, you will need to determine exactly what do you want to sell.



There are unique advantages and disadvantages of each type of product you can sell online.



Once you have determined what you want to sell, you can move on to setting up your own online business. 


Khamis,  1 Rabiulawal 1438H


5 comments:

  1. Great thoughts! Uploading in order to deliver your digital product with clients is very tedious. Why not deliver with Binfer? More on how to digital product delivery.

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    Replies
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  2. DreamHost is definitely the best hosting provider with plans for any hosting needs.

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    Sometimes people don't believe me when I tell them about how much you can earn taking paid surveys online...

    So I show them a video of myself actually getting paid over $500 for taking paid surveys.

    ReplyDelete