I have always maximize the internet as a business tool in the recent time. I have always advised people to take up their business to the internet as that is a better way to be at the top of the game and outsmart their competitors. But in this post, I will write 5 top reasons you must start an offline business 2019. Offline business is a traditional business structure like renting a shop, stock them and those stuff as against the online business.
IT SERVES AS A REGULAR SOURCE OF INCOME
One thing as entrepreneur to be taken seriously 2019 is a regular source of income. Financing startups, businesses or ideas are one of the hurdles entrepreneurs must jump. So, you can’t be looking for a way to fund your projects and still be looking for ways to feed yourself, transport and settle your family. So, a well managed offline business can cater for your day to day expenses while you majorly focus on your main project.
IT CAN EASILY METAMORPHOSE TO ONLINE BUSINESS
In my recent research, I discovered it is very easy to move an offline business to online and becomes dual business model. Take for example, a standard offline grocery store can easily take the advantage of the internet and transform into an eCommerce business where the offline serves as the stock place, pick up point and so on.
IT GIVES CONFIDENCE TO YOUR CUSTOMERS WHEN YOU FINALLY ARRIVE ONLINE
When your brand is already trusted offline, when it finally arrives online, it will be easily recognized. Take for example, McDonald started offline food store, by the time it arrives online, it was already an accepted brand even without the internet.
IT IS EASY TO SETUP
Yes, this has to be part of the 5 top reasons you must start an offline business 2019. A typical offline business is easy to setup. Some times, there is no much technical details needed to be put in place as they are normal way of getting a shop, set it up, stock it as the case may be and get your customers as against the online business model. Going online needs lot of technical information to be put in place.
MAKING SALES IS EASY WITH OFFLINE BUSINESS
While going online is inevitable, making sales in the first day can be challenging. There are so many trust issues related to online businesses especially in this part of the world which may not give room for instant sales for online businesses. Offline business in the other way round can start making sales from the day of launch as the customers already aware of the business physical location and probably familiar with the owner. This makes the offline business start making money in the first day.
So, as we are approaching new year, even if all you rely on is your online business, I think with these points, you should also consider offline business as well.
Happy new year.