Online or Offline Business? Which is more profitable
Business in the modern era amidst the development of technology does encourage business people to think fast and be able to take a gap as a profit field to develop business. If you choose to do business with a system like what currently there are only two choices online or offline.
Whether using an online or offline system to develop a product, the culprit must be able to be observed carefully and not misunderstood. Both of these systems have far different characteristics and have advantages and disadvantages of each.
Now in this discussion, we will discuss the advantages and advantages of business using online and offline systems. The following is the explanation.
Advantages and Deficiency of Offline Business
Offline business is a real form of business, products that are sold can be seen clearly on display there is a place to sell goods used as a place of transaction.
The offline business method is preferably chosen by people who don’t want to buy “cats in sacks”. In addition, we can directly persuade consumers to buy because we can meet directly with consumers. Not only that, the buying and selling process tends to be faster.
Because you need a place for business, this business requires more money than online. You must set aside profits to pay rent and other bills. Furthermore, this business needs human resources for the smooth running of the business. That way you have to cut the profits again to pay the workers. In addition, the market range is also fairly narrow only in the location you sell.
Advantages and Deficiency of Online Business
If you look at the market potential that will be targeted as a target market, indeed using the Online system is the choice to run the business method.
Using social media internet media, all product marketing will feel easier. From the system side, it is also more profitable, because online businesses use media or platforms as a place to sell, so they do not need a strict SOP. Costs needed are also relatively smaller than offline businesses. If an offline business requires a place for business, an online business can be lived wherever you are.
Every excess there must be shortcomings and the weakness of the first online business is that those who can run this business model only know about the internet world. But that does not mean that you cannot just need to practice and habituate further recognition.
Well, to further boost marketing and product business there are indeed suggested to combine these two methods so that the maximum business is run.