Teching Care Of Business: Internet Style (Part 2 of 3)

26Jul06

All You Need Is Business Purpose

If you own a brick-and-mortar store, your reach has just been super-sized to an international scale with no more effort on your part. How cool is that! Forrester research has stated that the online retail market will be responsible for 10 percent of total U.S. retail sales by 2008. Even more interesting, Forrester has estimated that UK online consumers will outspend their U.S. counterparts, causing a surge in Europe’s net retail from 103 billion euros to 263 billion euros. All that by the year 2011.

Think you might get a bite off that €263 billion European pie? I don’t see why not. The Internet has leveled the playing field for everyone. You don’t even need a physical store to look attractive to your customers. Setting up an online store on Ebay, Amazon, or Yahoo can get you competing with the largest brick and mortar store in your industry, with far less money and even far less time. If executed properly, you will be making far bigger profits. You can choose to be the Wal-Mart of the online world or even Harrods. Who’s to stop you? Nothing stops an entrepreneur.

Really, the barriers to entry of doing business online are set so low, it’s almost a free-for-all for anyone with a business purpose. Jeff Bezos had a business purpose and look where that got him.

 

Related Posts



No Responses Yet to “Teching Care Of Business: Internet Style (Part 2 of 3)”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: