Internet Marketing: What Are The Advantages?
Have you ever wondered why there are so many people starting an online business in Internet Marketing? What makes it so appealing? What are the advantages?
In this article we shall look at the advantages at having an Internet Marketing business and in particular one producing digital products rather than physical products.
1. Low startup costs
So what do you actually need to start an Internet business? Basically just a computer or laptop and a broadband Internet connection. That’s it! Therefore the costs to start an Internet business are very low and probably you already have those things anyway! In this case there would be no startup costs!
2. Work at home
There are also no overhead costs. All you need is a room at home with internet access! This can be anywhere in your home. It could even be in the local coffee shop!
3. No physical stock
With a digital Internet business that is providing just digital products such as ebooks, audios and videos, you don’t need any physical stock. Provided you have plenty of memory storage on your laptop and better still on a portable hard drive to keep it extra safe.
4. 24/7 Access
When you have an Internet business, you are able to reach a worldwide customer base. Not only that but you can also be making sales 24/7! This is actually a huge benefit and creates the potential for making big revenue.
5. Easy payments
All your payment transactions can be automated and set up very easily and securely.
6. Customer contact
It is very easy to keep in contact with all of your customers without it taking up a lot of your time. Providing your customers fill an opt-in form after their purchase, you will be able to keep in contact via email. This means you can build up a good solid relationship with them so that they are more likely to purchase further products from you.
7. Scalable
It is very easy to scale up your business by producing more digital products and also by easily creating higher priced products such as coaching and membership.
In addition you will never run out of stock, so it doesn’t matter how many people are demanding your products – you can always supply them!
If you are an organised person, creative and prepared to take consistent action then an internet marketing business is ideal.
