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Entrepreneurs and the Web
Regardless of what kind of company you run, new web innovations will
continue to make your life easier in a number of ways.
While we know there is a lingering bad taste from the dot-com crashes of
five years ago, USA Today is reporting that the market has changed
drastically, and that now is the
optimum time to be an
entrepreneur on the
web.
Click here to see the full article.
Denver recently ranked among the top ten most Wi-Fi equipped cities in
country, and with the
projected increase in Wi-Fi availability, entrepreneurs will soon be able to
check their e-mail, surf the web and manage their business from almost
anywhere.
Innovations in e-commerce are also making it easier and easier to make and
accept payments online. Widespread use of PayPal will soon encounter
competition from a Google payment system, rumored to be called "The Google
Wallet."
An
increase in demand has prompted the top search engines to create 'Local'
sections where users can search specifically for businesses in their area,
making a much more direct link to consumers. We expect the use of these
local search engines to out pace the use of traditional yellow pages and
white pages in the next five years, so it is vital for entrepreneurs to make
sure that they are listed and available in these resources.
If you would like to find out more about marketing
your website, contact an account executive today!
The Brick-and-Mortar Blues
One of the first concerns
that retail entrepreneurs must address is "Where will we sell our products?"
Leasing retail space can be prohibitively expensive, so potential
entrepreneurs are sometimes cut off before they even get their venture off
the ground.
Luckily, entrepreneurs
singing the brick-and-mortar blues can now bellow their last ballads of
sorrow! Many companies are taking advantage of low startup costs, by
creating their online retail company first, and using online profits to fund
their brick-and-mortar outlets.
There are huge financial benefits to working on the web first. Besides not
having to pay rent or utilities, you don't have to pay sales people to watch
the shop, as you would in a brick-and-mortar outlet. Start up costs are very
low, and a variety of reasonably priced products and free resources are
available online to help with the startup and maintenance of your online
shop.
The
non-financial benefits to working on the web are also significant. In a
traditional brick-and-mortar store you could get stuck with inventory that's
not selling or an
ineffective marketing message that you can't easily change. The web
decreases the likelihood of that happening because it offers the unique
flexibility to change product offerings and marketing quickly, depending on
demand and success.
If
you or someone you know is singing the brick-and-mortar blues, we implore
you to consider your other alternatives, and
contact us. We'll have you humming a
happier tune in no time!
Direct comments or questions for the
newsletter to:
newsletter@electricstores.com
Technical support
questions can always be sent to:
support@electricstores.com
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Technology Joke
of the Day:
Q: How many web developers does it take
to change a light bulb?
A:
The light bulb works fine on the system in my
office...
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