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Thousands of dorm room e-stores now thrive on the Web, providing people with a way to purchase goods and services electronically. For small businesses, the Internet can deliver a global market. Depending on which survey you believe, that may be more than 350 million people, with another 500 million Internauts projected over the next few years. If the demographics of the online community match your dorm room customer profile, that's a lot of potential new business. While the potential is there, however, challenges loom large.
Remember, it takes time for people to adopt to new technology and modes of transactions. Many people remain reluctant to give out their credit card numbers over the Internet for dorm room purchases. But most analysts project healthy growth for dorm room online sales, especially as security issues are addressed.
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As the Internet grows and expands dorm room traders gain more experience in offering products for sale. One of the big advantages that online dorm room traders have over shop front dorm room stores is that the capital costs are significantly less.
A traditional dorm room outlet would need to employ staff, runs lots of dorm room related advertising and pay rents or taxes. When a dorm room business is placed online these overheads are significantly reduced.
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| Last Updated: Sunday, 24-Nov-2024 00:06:07 MST |
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