At this time, the use of the internet in the world has increased very dramatically.
In Malaysia, the
internet phenomenon also occurred
and the rate of internet literacy is increasing over the years. With the growth of players in providing the
services such as Unifi, Streamyx, Celcom, Wimax has resulted a competitive
price and package which is much attractive and affordable for everyone.
Internet has provided business opportunity to entrepreneur that would
explore for new medium of business platform. Online business has become
a trend and new approach in conducting business. The whole business transaction
process is conducted virtually.
Consumer with hectic lifestyle
will be most attractive with the facility offered by online business. They do
not have to drive, stuck in traffic jam, full parking space and even the crowd
of people in shopping mall. Via online business, they could peace their mind since
business transaction could be done wherever comfortable to them and even in the
toilet :).
People who has high interest in
business especially SME but yet possess low self-esteem could be benefited with
online business approach. They do not have to meet the client personally and
only deal via virtual platform. Clients just need to browse the web and choose the products that virtually display by the seller. To ensure the clients obtain accurate information with regard to the product, there is a requirement for the seller to fit the information comprehensively in the web.
Online business also suitable for entrepreneur that has limitation in term of capital. If you have good product but yet do not have enough money to start a business, online business might be the solution. A web or blog could be the medium of communication and advertisement to the mass. Even there is no necessity to have a proper
office to establish an online business and could operate from home.
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