11 August 2008

Online Business Case: Online Store

Online store is one of the best things to make money on internet, the advantages of online stores is they enable websites owner to marketing their own brand, an example for this one is amazon and best buy. They start by selling others brand product, but now they start their own product, which is affiliate business.

Another advantages of online store, you as store owner will always have potential customer database. Database that will you have control over market, with this data you could also read and predict what will be profitable in the future.

Nowadays, online store targeting more specific market. This example is starts by amazon that selling only books in their early years or sports online store will be attractive to online customer that only searching for sport products. So, in the beginning it is better to only sell other brand in your online store, this will save you with production cost and focusing on customer and the other tips is to starts with specific product and market.

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