Let’s talk about some of the key differences between online selling and offline selling that can help you decide if you are interested in starting a new business.
- Customer Reach
Offline Sales: In offline sales, customer access will be limited. Because in this business model you have a physical outlet with one or more locations. Your customers will be locals.
Online Sales: During online sales, consumers will reach you globally. Because in this business model you have an online store, and customers can find you from anywhere in the world using a web browser. An estimated 15,000 requests are received daily on looterashops.com. As it grows, you can see how much your business can grow.
- Setup cost
Offline Sales: When you plan to start an offline business, you need to buy or rent space to set up an outlet. You have to hire sales person, you need furniture, manpower for maintenance etc. Setup costs too much.
Online Sales: For online sales, you don’t need a physical store. All you have to do is become a seller of looterashops.com for sale, which is very easy, and there is no cost for you, meaning that whatever you do for thousands of rupees you get for free.
- Operation cost
Offline sales: For physical outlets, the operational cost will be higher. If you have rented space, you will have to pay monthly rent, store maintenance costs, manpower salaries, electricity bills, etc.
Online Sales: You don’t have to pay for online stores, but you can start your own business by registering for free at looterashops.com.
Offline Sales: Available at physical outlets. You set your working hours and days.
Online Sales: During online sales, stores are available 24/7, you can go anywhere, looterashops.com staff are always on the lookout for you, and provide 24-hour customer support.
- Feasibility of working
Offline Sales: You can only work from the store. In order to sell products to customers, you need to be operational at the store.
Online Sales: Online stores can be run anytime and anywhere.
- Promotion / Marketing
Offline Sales: For this type of business you have limited marketing options and possibilities.
Online Sales: In an online business you have a wide range of marketing and promotion features and tools.
- Business expansion
Offline Sales: For offline or physical stores, you can expand your business locally or to a limited area.
Online Sales: But with online looterashops.com, you can grow your business worldwide.
8 brand visibility
Offline Sales: The seller’s product is visible to a limited audience and takes longer to develop as a brand.
Online Sales: You can take this business model globally to looterashops.com. Therefore, products are widely seen and have the potential to become a brand in less months than offline sales.
- Number of employees
Number of employees
Offline Sales: This business definitely needs more employees to manage the store.
Online Sales: At looterashops.com, one or two employees will suffice for online sales.
- Performance analysis
Offline Sales: You need more time to analyze the performance of the offline store and it is complicated.
Online Sales: For online business on looterashops.com, data and statistics are updated in real time. Therefore, performance analysis is easy.
Offline Sales: In this business, you can gain oral popularity which builds trust. This is more important but less accessible.
Online Sales: In online business, you can find global reviews, which can help you build more confidence. And better social media feedback can help you solve problems.