Fundamental of Online Business

The Importance -

In the 21st century almost every business have Online presence and 78% of the business owner have their business Website or Other Online tools in order to be in the online Market.

The Market -

There are two terms you probably heard about Offline Market and Online Market. Let's first learn about these two terms and try to understand the difference as we have to work on at least one to build a good business.

Offline market is probably referred to the traditional market you have in the city market place, having a business office, store, shop, showroom or it could be anything which is a place of your business to serve your customer, as user lives in the city and have to go market for shopping or buying your service you sells your goods.

In Online Market –

This same mechanism is can be done via Home. (Online business is simply defined as a service which can be accessed via the home or at any place.)For this market, your user (customer) doesn't come to market. You make it easier to shop from home or at least spread your business awareness among your user without making the effort, in order to come to the market, see your store or business office.

So, for providing them better service, you use Online tools (we discuss it later) to increase the awareness of your product /service on the Internet via some sort of way (terms as Online marketing) to first increase awareness of your service and then the sale of your service.

So, till here you learn two terms "Online Market" and "Online Marketing"
(the offline market is not a topic to discuss here as you already know about all traditional way of doing business)

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