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Why Online Business? (Part 2)

Why do you want to do Online Business?

Sales Automation Process

Nearly everything can be put to autopilot for an Online Business.  Yes!  From product presentation, information enquiries, prices, payment processing, customer service etc.  You can enjoy more leisure time, more sleeping time, spending more time with your family once your Online Business is properly setup and implemented.  This is rather impossible for an off-line business.  In short, your Online Business can run by itself, 24 hours a day, 7 days a week!

Online Business

Multiple Income Streams

As automation frees up your time, do you think you can start creating your next Online Business to generate more income?  Of course you can!  You can create numerous websites to generate additional income streams!

Unlimited Profit Potential

With multiple websites, don’t you think you will have unlimited profit potential if you continue to create profit generating websites?

Easy Communication

Through the Internet, communication has never been so easy as before.  With the click of a button, you are able to send an email across the globe to communicate with you customer instantaneously.  You can easily inform your customers or subscribers of new contents in your website, easily promote your product with just a click of a button.  Doesn’t this shorten the sales cycle and create a closer relationship with your customers or subscribers?


With automation, your Online Business can operate 24 hours a day, 7 days a week, without your presence!  Need we say more?

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Why Online Business? (Part 1)

Why do you want to do Online Business?

Wider Market Potential

Through the Internet, the world has become smaller.  And as an individual, you can reach a worldwide market.  Billions of people are surfing on the Internet every day, irregardless of the location.  What’s alarming is that the number of people using the Internet is rapidly increasing.  This adds to the number of people who use the Internet to purchase items they cannot find locally or just don’t care where the product is shipped from, as long as they want it.  What do you think?  Does a global opportunity await you?


Lower Costs

The cost of setting up an Online Business (with a website), is much much lower than the cost of setting up a retail store.  You will need about an average of $3,000 to lease a retail store per month.  For an Online Business, look at the breakdown below:

  • Domain Name costs about $20 per year
  • Web Hosting costs about $150 per year
  • Online Web Advertising budgeted at about $1000 per year

The total cost for starting up an Online Business is about $1,170 annually compared to setting up a retail store, which already costs about $3,000 monthly.

Isn’t starting an Online Business affordable?

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Knowledge Sharing in SIM (20 Jan 2011)

In this sharing session, both Preston and Patrick were invited by SIM to conduct talks on “The Basic of Internet Marketing and Online Business”.

The response is overwhelming and knowledge on basic component for an online business, various internet online business models, as well as basic about internet marketing were shared.

A portion of the comments extracted:

Very good workshop. Thanks for generous sharing. Worthwhile cancelling
my 2 days course tp come fo this half day workshop.
Sylvia Oo

Both Preston & Patrick did an excellent presentation. Thanks for sharing.
Patricia Ang

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