The internet is quickly becoming the way to do business. The online shopping market is continuing to grow by leaps and bounds every year.
You aren’t limited by your normal business hours. Your website can be open and making sales 24/7 365 days a year.
You won’t be limited to customers in your local area. You can take your products and ship them anywhere in the world.
All of your customers are online already. In 2013 78% of US residents were active internet users. This means that you don’t need to create demand for your product. You just need to get it online for people to find.
In a 2013 article written at CNBC.com, they go through all the statistics showing how online sales have over taken the local brick and mortar stores. (you can read the full article here)
“Online shopping overtook traditional retailing for the first time in the survey’s 15 years as consumers seek lower prices available over the Internet and the convenience of shopping anytime, anywhere,” said Deloitte.
Invesp put together the infographic below which looks at the sales volume associated with online shopping.