A physical store can cost you some huge cash. Long before you start to operate your store, you already start paying considerable amount of cash on store renovations, rent, business licensing, inventories and others. If you don’t have lots of capital, you may not be capable of keep up with all the bills that will eventually pile up.
How can one eliminate all the expenditures related to setting up a physical store? Well, the logical answer to that question would be not to set up a physical store at all. ofcourse you read it right, really do not set up a physical store. If you desire to save on cost, start an online store instead of a physical store. The benefit of setting up an online store is that you need much less amount of capital because you do not keep huge amount of inventory, hire a lot of people or spend big amount of money on rent.
But you should know that there are a lot of online stores out there and if you don’t know how to promote your website, you will probably be lost among the multitude of websites. If people cannot find your websites, then you will not gain much out of it. Furthermore, if your website are difficult to navigate and your payment system is hard to manage, even if people eventually find your site, they may be unable to purchase your goods because your system is complex
Internet buyers always keep away from sites that are hard to navigate. Once you have lost an online client, it is lot more difficult to get that client back. If you genuinely want to earn money online over your e-store, make sure be sure that you keep things simple as well as user friendly