According to ComStore.Com, the leader in measuring the digital world, has posted the statistics of online retail spending for 2012 and it was up 16% from the previous year. On November 26, Cyber Monday, was the biggest shopping day and came in at $1.4 billion.
People are turning to online shopping more and more from a brick and mortar store. This has increase the opportunity for businesses entrepreneurs who are looking for the best business ideas.
Over the last 5 years there has been a large increase in the number of people looking for ways to make money from home and the internet is making that possible for people.
Since 2007 the number of people searching the internet for “ways to make money” or “at home businesses” has more then doubled to over 5 million hits per month. (Posted by google.com/insight)
There has been a huge increase in people starting new businesses and they must all have an online presence if they want to survive. Since there is a huge number of a new business there is more competition.
Most people know that they need to do this but are unsure on how. It is extremely important to either learn about the strategies online of have someone do it for you. There are millions and millions of websites fighting for attention.
If the best business ideas are now on the internet, new online entrepreneurs need to learn how to set up and earn from their online businesses. As with any business, whether it is offline or online there are a number of factors to consider:
- Why have you created a new business?
- What are you going to sell or provide?
- Who are you going to sell your products and services to?
- How will you get your message about your new business to your target audience?
- Who are your competitors?
- What is your budget for marketing?
- How will track the effectiveness of your marketing?
- How will you get your customers to buy from you again?
Online stores are dramatically increasing and is a great way to make money. Online shopping is the process consumers go through to purchase products on internet. There are number of online shopping store and online shopping malls, eshop, e-store, internet stop, web shop, are available over internet which gives option to buy or purchase products of your own choice. Online shopping is important because it offers buyers convenience that has never been achievable.
- Online shopping is 24-7. This makes it convenient for buyers to shop whenever they want. The store owner never need to close, this means you can make money around the clock.
- Buyers can shop the best prices at the tips of their fingers, so for owners, its best to have competitive prices and include the shipping in your prices.
- On the internet shoppers can compare one brand to the next and see reviews. At this point they can then purchase the best item for them. For owners its important to keep up on your reviews and comments. Make sure there is the best information possible about your products on the internet for people to search.
- Make sure that you have a easy method of payment so shoppers can easily checkout and receive the items they purchase. Harbortouch has a great payment processing service for online stores and an extremely reasonable price.