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Your Ride: BMW 328i and Dad's S320*NowLondon underground Tube*
Anybody knows?
The disadvantages of using internet as a business tool. Any ideas you can give me?
I got all the advantages...but can't find any disadvantages around google,
There's a very high level of competition, and your prices have to be rock bottom, because there's probably another site out there selling whatever you are for less money (the customer has a very broad range of choices).... meaning there's very little markup. So basically you attract a small number of customers and make a minimal markup on everything you sell.
Not to be negative, but you asked for the disadvantages. It's very difficult to make any real money with an e-commerce store unless you have something unique.
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Shipping and Handling, i find if i want something off the net i can find a store that will ship it in and sell it to me for the same price minus the S+H
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