Why the online business model is the future

Many years ago something new arrived, this was the internet and this is where the world changed completely. Indeed, the internet is the responsible of the arrival of the biggest businesses that exist today. We can think about Amazon, one of the biggest businesses that exists, Alibaba one of the first online market places or Ebay that also was one of the first market places that existed. Today, almost every business is online and if not the business will not survive. That is why we can say that this is the futur. Here is a list of reasons that can prove this point. 

The cost

One of the main reasons that the online business model is the futur is that the cost to get started is very low. Indeed, if we compare the cost of selling online or simply owning an online business with the cost of having a traditional business we can definetly say that it cost a lot less going with the online option. Let's for example say we want to open a store, we will have to find a place rent it pay for all the charges, buying all the products and then maybe make some money and expect to make profits. But we can also simply launch an online store and directly have access to the whole world with almost no costs.

The income opportunities 

Selling online gives you the ability to have an opened store every day for 24 hours. This gives you the opportunities to sell to anyone anywhere and at anytime. Also, you don't have to pay an employee to take the orders since you can fulfill them automatically. If you want to sell your services online through some platforms like up work or freelancer.com it's the same thing. Indeed, you can work on the projects that you found at any time and from anywhere. Also since you are a freelancer you can decide of the price that you want to charge.

Having a digital presence is an obligation

As mentioned earlier, having a digital presence is a must for businesses if they want to be competitive in their sector. Indeed, people now days shop more and more online and if a business does not offer this opportunity to it's customers, they will simply turn the competition. Also, having only a physical business will limit your consumers to the town where you are living or the area near your business. But, with an online business not only it gives you the ability to be more competitive but also you will have access to a way bigger market. 

There is a lot of other advantages of having an online business, but those three are the most important for me. If you are interested about learning ways to generate an online income you can read our article about the topic.