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What You Don’t Know About Having a Website that Can Cost You Millions and Shutting Down of Your Business

There are approximately 1.94 billion website in the world as of December 2018, and the owners are now too much to be regarded as naïve or senseless.

How would one explain a business whose 2018 revenue stood at $232.9 billion (USD) simply because it went online? This is the case of Amazon. It was founded by Jeff Bezos in 1994, and the company initially started as an online marketplace for books but later expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry. Amazon also has its physical stores and may have ended like one of those stores on your streets without a website.

The first public website was launched in 1991, and rose from 1 website by Tim Berners-Lee to 1 billion in 2014 which is now heading towards 2 billion.

If you haven’t considered having a website for whatever it is you do, then this is the time to start thinking. The internet currently has the largest population in terms of users. Out of the world’s 7 billion+ persons, there are 4.1 billion Internet users. These users are all looking out for information, products or services and I hope they find yours.

Let’s take a quick look at how a website can make the difference in your business financially and otherwise.

Reputation

Reputation is as important as your next pay. People now ask less questions to save time and embarrassments, they check it up online themselves to see more. Finding your business online will increase these people’s trust and they would see a professional the next time you talk.

Cost Effectiveness

Website doesn’t just save the business owner a lot of money on ads but the users as well. I personally like checking the cost of products online before setting out to the market to help my budget and know if placing an order is better. Do you know how much it will cost to make a radio or TV advert?

Scalability

Having a website makes your small business start big, while it can grow up to a powerful one as income increases. You can just start now and scale with time. Amazon started selling online and in 2017, acquired Whole Foods Market for $13.4 billion.

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Customer Management

Have you ever entered a bank to read customers’ review? Not really I guess. However, on a website, your reviews are resourceful in bringing in more trusts, opportunities and patronage. Businesses also find it easier to manage customers’ data when received through its website and promotes personalized services.

The list of advantages is endless when it comes to having a website for your business. The trend in technology now leaves everyone with no choice but to move with the people it cares about.

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1 response on “What You Don’t Know About Having a Website that Can Cost You Millions and Shutting Down of Your Business”

    Rillahost
    October 8, 2019 8:12 pm

    hello

    | Reply

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