Friday, September 23, 2011

IV. Doing Business Online

How many of you have shopped online before?


I personally have, though on rare occasions. I prefer to have seen and felt the actual product before deciding to purchase it. But I have also bought stuff from websites that do not have physical brick-and-mortar shops too.


(image taken from topnews.com.sg)
 


Amazon is one e-business that everyone must be familiar with. It houses millions of titles on the cyberspace, which is an excellent strategy. Without the restrictions of a physical shop front, the cost of maintaining the business is drastically reduced.


(image taken from gandagilbert.blogspot.com)



Blogshops are also rampant in Singapore. Besides offering more choices for shoppers, many of their products are also sold at lower prices than physical shops. Hence, they are very popular among students in particular.


Have you set up any online businesses before? If not, do feel free to share your shopping experience too!