There are 12 million to 24 million e-Commerce businesses globally. Those numbers are expected to grow because of how easy it is to open an online business. And you don’t have to be tech-savvy to get it right!Certainly, starting an online business can feel intimidating, but don’t let that deter you. Modern tools make the process, including legalities such as forming an LLC, more accessible than ever. Need help? Check out this straightforward guide on how to create an llc to walk you through step-by-step, ensuring you’re ready to take that big entrepreneurial leap with confidence.
As long as you have a computer, a strong internet connection, and a money-making idea, you can set up your online business within a few days. But just how easy is it really to open up an online business? Is it just a farce? Find out more in this post.
Starting an Online Business is Affordable
One of the reasons so many people have turned away from starting brick-and-mortar companies is that it’s too expensive to buy and maintain. If you’re in an industry that doesn’t require a physical building to be successful, then an online platform is the perfect alternative.
When opening up an online business, you’ll simply rely on your website and social media accounts to make sales. It’s free to sign up for social media platforms such as Facebook, Instagram, Twitter, and TikTok. You’ll also benefit from lower operational costs.
If you have a bit of cash to start up a website and host it, you’re already one step closer to getting your business up and running. It’s also incredibly cheap to run Facebook ads or to run business accounts on all your social media platforms.
Easier to Achieve Growth
Whether you have an online clothing shop or your niche is financing, you can achieve business growth more quickly. With an online company, you can maximize growth and minimize your losses.
Since your business is online, you can reach a wider audience. You can target customers and clients all over the globe instead of selling locally. This is easier for companies such as:
- Online retail stores
- Digital marketers
- Content creators
- E-Learning platforms
To achieve company growth, learn how to market your business accordingly so you can increase your conversion rate and boost your sales.
Effortlessly Communicate with Customers or Clients
Building an online business makes it easier for you to communicate and provide the best support for your customers and clients. Create an information-rich website so that your audience can learn about your business easily. We suggest creating the following:
- Frequently Asked Questions section
- Chatbot to help customers/clients with queries after working hours
- An email form so customers/clients can reach out to you
- Lead capture form so you can collect important customer data
- Questions or polls to learn what your customers want from your business
An online business allows you to respond to messages quicker, so you can provide a positive customer experience. Perhaps allow reviews on your site, too, so people can see testimonials about your company. Allowing company reviews can also increase your ranking and online visibility.
Building a Custom Website is Child’s Play
Gone are the days when people had to study thick textbooks on coding. If you thought building a website was difficult, think again! There are hundreds of platforms that allow you to build a professional website within a day.
Sites such as Wix or Squarespace provide affordable packages with hundreds of templates, custom domains, and blogging features.
On the other hand, if you still don’t want to build your own website, you can have an agency do it for you. Hibu is a popular choice for entrepreneurs. You’ll have a custom-made website complete with the structure you want for your online business, and it will be done by a professional.
You Now Have Better Tools and Resources
As an entrepreneur, you now have access to tools and resources to help build and launch your online business. There are thousands of YouTube videos, online courses, and books to help you succeed as a new business owner.
Furthermore, when you start your online company, you have access to plugins that help grow your business. For example, there are tools to create SEO (Search Engine Optimization) blogs to improve your online visibility. You can also add tools such as FreshBooks to manage your finances and accounting.
Some websites will even allow you to integrate Google Ads to advertise your business. We suggest making a list of all the tools you need and finding the best brands to help you maintain your online business.
Marketing Your Business is a Breeze
Marketing used to consist of billboards, TV ads, flyers, and sometimes sky banners. All these advertising methods are extremely expensive, and you won’t reach as many people. Digital marketing through social media and your website has the potential to reach a wider audience.
What’s more, digital marketing is cheaper and easier because you don’t have to spend thousands of dollars printing brochures or wasting time handing out flyers. You can create digital brochures and flyers and send them out to thousands of customers with a click of a button.
If you’ve always wanted to open up your own business but didn’t have the money for it, you can find success by starting an online company! You can launch an online business with as little as $1000. So what are you waiting for? Get your brilliant idea off the ground and start making a profit online!