BLOGGER TEMPLATES AND TWITTER BACKGROUNDS

Thursday, September 3, 2009

WHAT THE ADVANTAGES & DISADVANTAGES OF ONLINE BUSINESS?


Haloooo..my dear friends... Business online have their own advantages & disadvantage.. Let's go!!!! share your ideas my friends.... And I hope your idea can help another person to release about this issues (online business)...

8 comments:

nur hidayah said...

In my opinion, online business can save your money and your times. Save your money, that means you just your laptop or single personal computer and an internet server when you want to promote your product. You just send out a few thousands of email to costumer. But it’s a different things by tv and media, when you want promote your product you have to spend a lot of money. And another things is a you can save your time. When you join a online business, just using an internet where ever you are from people to people by a email within a few second. Besides that, you can relex with your position in your comfortable place. You fee from traffic jam and all environment pollution. This work, that your own decision at what time you want to start your work with your personal laptop at anywhere you like.(hidayah)

noor zila binti ismail said...

for me, business online have many advantages and disadvantages. firstly, the advantages is can get money. but this advantages is easy for lie with people incharge the bisnes online(noor zila ismail)

rozalini@ocha_ukm said...

I also agree with nor zila and hidayah... Business online can make our life better or it can make our life destroy... Furthermore, we don't have any experience or knowledge.. If we like that, other person will lie us.. Besides that, our money and our asset will loose.. So, we must know anything about this when we want to join it.. be aware always...

nur hidayah said...

The majority of people say about online business is a successfully job to get a easy money. But not all is a advantages , it’s have a disadvantages too. When you join online business, all management is your work. You work alone with no workers. I think this is a boring job with all pleasure ,stress and losing their sense of concentration.

NORHUDAYATI said...

I also agree with you all apinion my friends...We can see, anywhere artikal about online business, they just talk about person that success in online business...But the reality is not all person tahat join this business can get success.For me, this business have advantages nad dis advantages...
For me, the element of benefit and advantages about online business is the thing near same.Advantages the online business is the alternative way to a person that no job.What we know, the job market now very difficult.So, they can join online business to get income for life.
Beside that, this business also can get we more information about the market world.For example, they are show about world ecomonic condition.Hereby, we can create strategic to success in business.
But, the disadvanteges is through online business, a person easy to lie.For example, we don't the product that selled high quality or not.Besides, most the product in online business put expensive goods prices.it's because they want get more income with easy...For me,that important in disadvantages is have liar in the business...(NORHUDAYATI)

noor zila binti ismail said...

online bisnes have advantages. firstly, people join this can spend time with family because there just seat at home for doing the job. secondly, they also send about business to all people and then people who like the bisnes can reply about their business. disadvantages about bisnes online is easy to lie especially when their bank in money for buying the things. besides that, the thing we can't look,so the quality of things is low and not quality .(noor zila)

rozalini@ocha_ukm said...

Haloo.. my friends.. I had some information about online business when I spend my time to looked and accessed internet about online business and I found about the advantages and disadvantages in doing online business.. So, I want to sharing with you all to know more about this..Ok.. my friend.. let's read about this..

ADVANTAGES

Start-up costs are relatively cheaper than bricks and mortar businesses. Some business-in-a-box programs cost as little as $400, some even cheaper. If you are setting up your own website with your business plan you may only need to pay for a domain name and web hosting which would cost you less than $100. Even for the most expensive opportunities, they are still way cheaper than other businesses. The top scale start up costs for internet business could be $20k, which might seem expensive but when compared with businesses like the MC Donald's franchise which cost over a quarter of a million dollars, then it puts things into better perspective. Operational costs and administrative expenses are also relatively lower than other businesses with little or no staff required. Many internet entrepreneurs work from home which means that expenses like lighting and heating and office expenses which would normally be incurred in an office block, are saved. Running a business online gives great flexibility. This is because the business can be run from anywhere. An entrepreneur could be on the beach on holiday with her family and still be running her business normally. This flexibility helps the entrepreneur does as she pleases with her time. She may decide to work between 12 midnight and 6 am if that is her most productive hours. Online businesses can reap the rewards of free and cheap advertising, through videos, article marketing and social marketing. Even with more expensive advertising options like pay per click, due to the number of Internet users, to potential to grow your business is very high especially if you can effectively drive traffic to your website.

DISADVANTAGES

Competition is high as increasingly people are becoming switched on to the advantages of running an online business and also more technology savvy and are growing their businesses. The number of people starting a business online is increasing at high levels and they are all competing for traffic which makes it harder to break through. The Internet is a very dynamic marketplace. Consumer tastes vary widely and change frequently. Therefore, by focusing on one business idea or income stream, the entrepreneur risks being left behind by new products and services as consumers chase the next best product or service. Even when the entrepreneur has a winning business model, competitors can easily copy it and therefore impact negatively on profits. Getting to grips with technology to sustain competitive advantage can be a limiting factor especially if the entrepreneur depends on himself and hires no staff. This disadvantage can be overcome by either outsourcing or employing staff full time or on contract basis. It may take time for the business to get off the ground as the entrepreneur builds his online presence and if the business is not run properly cash flow problems may hinder the success of the business. It is important that the marketing and other costs are very carefully budgeted for over a period to take into account the possibility that profits may take a while to materialise. Running an online business is empowering and can be profitable. A lot of these businesses fail because entrepreneurs are not mindful of the advantages and disadvantages and have not planned accordingly. While it is relatively easier and cheaper to start and grow an online business than a traditional bricks and mortar business, that advantage can also be an advantage as competitors enjoy the same benefits.

David said...

I think there is lot of disadvantages the major is that you don't have any prove at the end of task will you receive money from client.
Dba California