Now’s the right time to Start your Online Store
Do you have a brick-and-mortar store? Do you have a unique product to sell? Are you planning to start your online store? You should do it right now. Thinking why now’s the right time to start your online store? Here are the reasons.
The current situation of covid has made people think a lot of things. There is a lot of unrest in the current economic situation. This pandemic situation has given a big push to the eCommerce industry. People who never purchased online have started doing it. Retailers are shifting their presence online. Local neighborhood stores are showing great interest in online delivery and digital payments. The second deadly wave has made people realize that they need to be safer. People are also fearing the next wave that might come. Therefore, people are taking proper care of themselves these days.
Pros and Cons of Offline and Online Store
There are certain pros and cons to running an online store. We will see both.
Pros
- Open 24×7
Unlike the physical store, you don’t have the restriction of time. Once your website is up and running, you can sell around the clock and throughout the seven days of the week.
- Cost-effective
You don’t need to spend thousands of dollars on store setup, renovations, equipment, employees, etc. just select an e-commerce website building tool on an affordable plan and get started.
- Sell Globally
If you have a physical store, you are limited by the geographical area that you can service. With an e-commerce website, the whole world is your playground.
- Easy Purchase Process
Customers can browse a whole lot of collections just on their mobile and as and when they need. At the comfort of their home, they can purchase goods and get them delivered to their doorstep. Also, digital payments have made them so secure that customer’s trust in online purchases has increased.
- Scaleable
It takes a huge investment to create another store, but in e-commerce, business scalability is easy and huge. You can market your website on so many platforms with easy and affordable marketing tools.
- Brand Awareness and Increase
Social media has paved the way for the success of many businesses. Social audiences contribute a lot to your business. They are your brand ambassador.
Cons
- If you are not delivering to the home, you will have to set up the delivery.
Why now is a great time to start an Online Store
We will see why you should start your online store now.
1.Increase in Online Shopping
You might have seen that people prefer shopping online rather than buying from the physical store. Even before COVID-19, online shopping was becoming the new normal. This is not only due to covid but also due to comfort. Due to Online shopping, people get a chance to compare products and prices all at one time, before placing an order, which is not possible with a physical store.
2.Robust technology -a boon to eCommerce
The robust technology has made it possible to use eCommerce at the best possible level.
- Build and customize a website using the ready-made platform like MoreCustomersApp, Shopify, ECWid, etc. You can also make a customized one if you want. There are many options you will get here. You can choose any of them as per your budget and requirements.
- Management has never been this easy. You can easily manage your website. You don’t even require a huge technical knowledge. It’s easy to understand.
- Digital Marketing is yet another boon. You can market your website online and start acquiring new customers. Therefore, there are good chances that your business will start generating revenue from the first month itself.
3.Emerging Businesses
Online shopping has been one of the emerging businesses you can go with. As you might have seen, all the people are going online. There are good chances that your competitor might also soon start using the technology for doing business.
You surely don’t want to miss out on the completion, right? Therefore, you can start an online store and stay ahead of the competition. It will open many new business opportunities for you.
Conclusion
To conclude, these are the reasons why you need to start your online store. Now is the right time for this. Don’t miss the running train.
