The Future of Commerce Through Online Business

Digital Technology has indeed influenced the way we live our lives and how we run our businesses. Traditional business setups may have become almost extinct on how both companies and their customers engage with one another.

Established businesses could not deny that the help of technology will help them increase their profits. So the company has more chances of extending into the next generations.

As early as September, some houses have started putting up their holiday decorations here in the Philippines. The Christmas songs played over the radio, and the anticipation with the Christmas countdown is added to that Christmas spirit.

 

 

Early Christmas shoppers would find their way to Bazaars and Tiangge during weekends. But the question lies on how inviting are there Bazaars now when numerous Online Shops have sprouted over the years? Will Online Shops completely take over traditional shopping? And why wouldn’t they take advantage of the time since gift items may be sold at discounted prices, most especially when purchased in bulk?

E-commerce may have been the choice of many. The convenience of just clicking on an item and proceeding to payment may be the choice of shoppers. Because they are too busy to go to the malls. Unfortunately, for the customers, at least, they have developed the habit of just clicking anything they deem essential for them to purchase. Sadly, these items end up piling inside their closets. Lucky for the Online seller because no matter what season, her online success will go to greater heights for as long as she offers unique and trendy items.

For one, Shopify, an E-Commerce platform, has been popular for it being user-friendly. It has attracted business owners to use it as a means to showcase their products using Word Press. Before, online business owners had to integrate their Word Press accounts from another source. That takes them to hassle-free handling of business because customers can readily order- specify the size, color, quantity, choose a payment method, then checkout for delivery. A few days after, the customer received her item.

The only disadvantage of shopping online is that not all online sellers may be legitimate sellers. They may post fascinating items at a much lower price only to find out that they won’t reach the customers. Or they might deliver inferior quality goods. Extra caution should also be in mind when dealing with online sellers.

With every good thing comes the bad, as others would say. But with that, we must look more at the good things that digital technology offers us.

• Human Resource Evolution – this means that companies have started hiring people who work from home. This has a significant impact on costs compared to hiring an employee working in the office but with increased Productivity. So, why do business owners now choose to have an Online Business?
• Digital Innovation – The impact of social media dramatically affects any kind of business. Through these, a company can reach out to more people than ever. It is an efficient way of getting through customers without the added cost of advertising compared to traditional advertising.
• Increase in Mobile Users – a study shows that there has been an increase of mobile users over the years to replace PCs as their means of accessing the internet. This means that customers can reach through different businesses in a click no matter where they are.
• Online Presence through a Website: not all would have considered putting up their own websites for fear that it may cost them so much. in reality, the amount you invest in a website may just be a small portion of your overall earnings if you make your website inviting enough for customers to read through it, offer great products and services, and if it is extensively shared with different social media sites. Websites are not just there to showcase your products and services, but software can be integrated into them to help the company manage its business.
• Increase in Profits – with an online business, there is a chance of increasing your profits because you do not limit the number of hours to provide for your customers. Your product or services are always seen online 24/7.
• Flexibility – business owners, can adjust the prices of what they offer depending on the customer’s volume. When a business owner allows this, he increases his chance of gaining more customers because of the excellent customer service.
• Cost-effective – now, companies have the option to hire freelancers to work for them at a much lower cost than employees. And at the same time, they can outsource supplies they need at a much lowers charge because they have more options in looking for new suppliers.
• Increased Productivity – studies have shown that those who work at home are happier than those in the offices. Working at home may have contributed to a less stress-free environment, so one can get to do more things than those who work in the office.

 

 

There are absolutely endless ways of making it big online. It is just a matter of how much you would like to explore, your willingness to try new things, and having that solid commitment to making things happen.

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You may contact Armando “Butz” Bartolome for questions and more information.

By email: [email protected]

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