WHO SHOULD DO ONLINE BUSINESS ?

  WHO SHOULD DO ONLINE BUSINESS?

There no objection for anyone to do any kind of business, but In different types of business like an online, offline, retailer, etc there are some rules and regulations that have to be followed to achieve higher success. If you have any of these qualities then you should or try once for online business.  So friends, if you are a manufacturer i.e you manufacture some kind of goods by yourself to sell in the market for ex. greetings, lady garments, handicrafts and many more than there is a greater chance for you to gain more profit. No one can copy the manufacturer's design easily and also one cannot find this type of product in the open market easily. This will lead to a monopoly and in turn, give profit to the seller.  

IFIF YOU ARE A MANUFACTURE

Friends, according to me if you manufacture anything then you should try online business once. After all this, there would be a question in your mind, 'Why only online business?' Through online business, we can sell our products anywhere in our country and in almost every major and minor pincode that is not possible in the retail business. Online business will enhance your business to the next level. So the next thing is  ' If you are not a manufacturer'.

IF YOU ARE NOT A MANUFACTURER

·        If you don't manufacture anything which is suitable for online business then there must be someone that can be your friend, colleague or any relative who is a manufacturer of any kind of goods.

·         Are they manufacturing something different but don't sell it online? This might be a good idea. According to my own experience ask them and try to convince them to give you permission to sell their product online.

·         Buying products directly by the manufacturer will create a monopoly and once this monopoly is created than other sellers don't get any chances to make an entry in your business and they can’t compete you.

·         If you are able to create this monopoly in at least one of your product than you will earn a higher profit and will cover your expenses. But friends, this is only possible when either you or your friends and relatives are a manufacturer of a product which has their own USP.

If neither you nor your friends or any relative manufacture any kind of goods, then what to do? Don't worry! In this case, We have another option. In India, we all belong to some state which is popular in some kind of good manufacturing and that particular good is not easily available in other states, for example, furniture work is very popular in Saharanpur and handicrafts in Jaipur. If you belong to some of those states which are popular in some kind of good than you can create a monopoly by selling those products and enter the online business. Now, You must know that anyone can do online business and through this chapter, I  just wanted to give you some tips to earn good profit in online business.