| |
|
Reduced setup cost and lower on-going operational expenses |
| |
 |
Create a level playing field - easier to compete with larger businesses |
| |
 |
Increase sales by expanding target market - access to a global marketplace |
| |
 |
Capitalise on the fast growing on-line shopping market sector |
| |
 |
Achieve economies of scale by increasing sales volumes to new markets |
| |
 |
24/7 Business Model - take orders even when you are not working! |
| |
 |
Promote a wider product range than can be held/displayed in-store |
| |
 |
Offer greater convenience and privacy for customers |
| |
 |
Many switching to on-line shopping to ensure they get the best price deals |
| |
 |
Many also switching to avoid crowded shopping centres, parking hassles etc |
| |
 |
Reach previously disadvantaged groups e.g. disabled, housebound shoppers |
| |
 |
Sell direct to your customers - cut out the middleman! |
| |
 |
Enables existing bricks & mortar retailers to grow/maintain market share |
| |
 |
Enhance the pre-shop experience e.g. provide more product information |
| |
 |
Reduced time and cost spent on paperwork and administration |
| |
 |
Improve business efficiency - automate many business processes |
| |
 |
Streamline communication between you, suppliers and your customers |
| |
 |
Shorter lead times, faster order fulfilment |
| |
 |
Lower order processing costs, reduce cost of sale |
| |
 |
Highly flexible e.g. quick+no extra cost to add new products, special offers etc |
| |
 |
Enables you to be more responsive to market trends, competitor activity |
| |
 |
Improve customer service - provide faster & easier access to information |
| |
 |
Capture wealth of customer data to improve future marketing & sales |
| |
 |
Direct On-line Marketing - improve targeting, personalisation, conversion rates |
| |
 |
Search engines very powerful & cost effective marketing tool |
| |
 |
Reduced overall marketing costs |