There are a lot of significant differences between selling online and selling in a store! Read this article and discover those differences!
Feeling stuck because you don’t know whether to open an online or offline store? Having second thoughts about opening a digital version of your physical business? Worry not as you are not the only person who is going through such troubles.
In this article, we will discuss the differences between selling online and selling in a physical store.
- Research: The customers are feeling more confident about buying a product when they have done their research online. We all prefer online research because it is quicker and more convenient. The challenge for physical stores is to offer a support team who can provide informed and credible tips to the potential buyer.
- Costs: This is one of the biggest differences between selling products online and selling products in a brick-and-mortar store. The costs in the supply chain are significantly lower online and this is because of the elimination of specific steps for the business operation. The online retailers have lower inventory costs and they can use third-party shipping services which is super convenient.
- Customer reach: One of the biggest advantages of running an online store is that you simply break the physical limitations. Besides the fact that you don’t depend on the people passing through your area or the number of flyers you have delivered on the streets, you are open to the world and you have millions of potential buyers. With a physical store, you can only attract the customers who come to your store and with the internet today, it only matters how quality your products are. If you are selling great products at fair prices, you can expect a lot of sales and a lot of satisfied buyers.
- Break time: When selling online, you are open 24/7. Your business is working constantly and there are no closing times or holidays. This is one of the major disadvantages of the physical stores.
Even though each business model has its own pros and cons, the conclusion is that the sales through ecommerce stores are growing. You can’t go wrong if you decide to sell your products online. The money you save on rent, inventory, and other costs can be invested into creating a stable and powerful online marketing strategy.
— Antrim Enterprise Ag (@AntrimEnterpris) 26 de septiembre de 2018