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What do you think of Online Vs Offline Business

Discussion in 'General Business' started by terrencewan, May 18, 2011.

  1. #1
    I view it that online business
    is no different from offline business,
    it still require you to have a lot of patient
    and hardwork to made money.

    The main advantages i can think of,
    your products are marketed worldwide,
    run 24/7, can use other's products easily
    and market it out, etc.

    You may have more to share,
    so...
     
    terrencewan, May 18, 2011 IP
  2. Seqqa

    Seqqa Well-Known Member

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    #2
    I found the internet to be the easiest place to grow a big business. It's so low cost, your money goes very far. It's very cheap to run. So the profit margins are incredible. If you can't make money online then you jut can't make money, period. I don't think there is anything easier than the internet.
     
    Seqqa, May 19, 2011 IP
  3. fxtradeblog

    fxtradeblog Peon

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    #3
    I like the following online business advantages:

    1 - Global presence 24/7
    2 - Cost saving (office / manpower...)
    3 - Easier to grow
     
    fxtradeblog, May 19, 2011 IP
  4. w3bmaster

    w3bmaster Notable Member

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    #4
    To start offline biz usualy you need a lot of money

    Online you can start with 100$ maximum :)) or even 0 ...
     
    w3bmaster, May 19, 2011 IP
    ApocalypseXL likes this.
  5. ApocalypseXL

    ApocalypseXL Notable Member

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    #5
    If you know your way around you can really start a online business with zero investment in less then 48 hours and so far it is the perfect market .
     
    ApocalypseXL, May 19, 2011 IP
  6. BlazeAlot

    BlazeAlot Peon

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    #6
    I love working online! I of course work offline as well, but having a small sufficient income on the side is ALWAYS nice :)
     
    BlazeAlot, May 19, 2011 IP
  7. terrencewan

    terrencewan Peon

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    #7
    I absolutely agreed,
    i have lost many money
    running an offline business,
    so now turning to online business,
    and hopefully i can be
    financially free soon.
     
    terrencewan, May 19, 2011 IP
  8. terrencewan

    terrencewan Peon

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    #8
    Yes, i agreed, and i am always
    thinking, if i can't succeed in online,
    i don't think i can do well in offline business.
     
    terrencewan, May 19, 2011 IP
  9. terrencewan

    terrencewan Peon

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    #9
    Yes, startup cost is low,
    compare to offline business.
    Just rental alone, my offline
    business cost me $6,000.00
    OMG.
     
    terrencewan, May 19, 2011 IP
  10. cheesee

    cheesee Peon

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    #10
    Online businesses are way easier to start up, and for less of a cost.
     
    cheesee, May 19, 2011 IP
  11. wildogre

    wildogre Well-Known Member

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    #11
    Yeah every business need resources. And for online business i think time is biggest resource.
     
    wildogre, May 19, 2011 IP
  12. ApocalypseXL

    ApocalypseXL Notable Member

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    #12
    Nope - money and personnel are still the most important twos .
     
    ApocalypseXL, May 19, 2011 IP
  13. ajbaumer

    ajbaumer Greenhorn

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    #13
    Why online business is still better than offline business, for two major reasons: First thing I like about "online business" is that its presence is not only, local or national, but world wide. You target a lot of possible consumers/clients. Another thing is that its "instant", by just one click, you can easily update the whole world about the changes or updates on your business.
     
    ajbaumer, May 19, 2011 IP
  14. mygold

    mygold Peon

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    #14
    online business I prefer coz customer can get any information from online any time on the other hand offline business is opposite of online business they can't get sufficient info of business what they are wanting.
     
    mygold, May 19, 2011 IP
  15. suheiwa

    suheiwa Peon

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    #15
    Online Business or Retail Shop, both have there pro and con.
    But I think that online you just have less cost's.
    I started my online Business 1 year ago and it has not been easy.
    Staying with it and keep going is the answer if you have the right product.

    Good Luck

    Suheiwa

    http://KenSuJewelry.com
     
    suheiwa, May 20, 2011 IP
  16. janemaxim

    janemaxim Peon

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    #16
    I think online business is better as it allows you to reach a big audience !
     
    janemaxim, May 20, 2011 IP
  17. terrencewan

    terrencewan Peon

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    #17
    Oh Boy, I like what you say,
    especially :
    "Staying with it and keep going..."

    I have attended several IM seminar
    and courses, and the biggest discovery
    is people tends to give up easily.
    They are always looking for the
    Push button, magic button, Money button,
    etc.
    When they don't see results,
    they give-up.

    In conclusion, system works,
    but people fail.
     
    terrencewan, May 20, 2011 IP
  18. terrencewan

    terrencewan Peon

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    #18
    Hey i agree,
    sky is the limit, lol.
     
    terrencewan, May 20, 2011 IP
  19. terrencewan

    terrencewan Peon

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    #19
    I agree, to be rich and successful,
    your business must be one is to many,
    be is earning of just $1 from your customer,
    you still can earn a lot of money,
    as you have multiple stream of income,
    which is unstoppable.
     
    terrencewan, May 20, 2011 IP
  20. cool_78

    cool_78 Guest

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    #20
    I prefer a mix of both and you should diversify so you will have a fallback if in case one of hem don't work out the way you wanted.
     
    cool_78, May 21, 2011 IP