Offline Business
vs.
Offline Business
Offline Business Vs. Online Business (42 Points)
Here we are going to examine whether Offline Business or Online Business is better?
There are 42 points.
Let’s go..
Heads | Offline Business | Online Business |
Physical office/shop | Digital – website | |
Shop/office | Rent/buy | Hosting |
Name | Shop name | Domain |
Setup | Builder Interior Exterior | Website Designer, developer |
Inventory | Physical | Virtual/Digital |
User Accessibility | Hard | Easy |
Foreign customer | Can’t reach | Easily reach |
24*7 access | no | yes |
Sleeping money | no | yes |
Marketing | Hard | Easy |
Advertising budget | High | Low |
Reach | Limited | Global |
Competition | Untrackable | Trackable |
Chat Assistant | Limited time | 24*7 |
Getting leads | Hard | Easy |
Manpower | Qualified | Technology |
Eco friendly | No | Yes |
Automation | Manual | Programmed |
Errors | Yes | No/few |
Targeting | Hard | Very Easy |
Location targeting | Limited | Unlimited |
Portfolio showcase | Hard | Easy |
Paper use | Yes | No |
Market research | Hard | Easy |
Steal competitor customer | Hard | Easy |
Owner engagement | Max | Low |
Professionalism | Show | Reflect |
Retarget customers | Hard | Easy |
CRM | Hard | Easy |
ERP | Hard | Easy |
Time saving | No | Yes |
Find competitor’s strategies | No | Yes |
Data analysis | Hard | Easy |
Real time tracking | No | Yes |
Updation | Hard | Easy |
Upgradation | Hard | Easy |
Market influence | Hard | Easy |
Micro tracking | Hard | Easy |
UIUX | No | Yes |
Virtuality | No | Yes |
Future prediction | Hard | Easy |
Making Brand | Lengthy | Fast |
I think you have got a clear vision of what is more important for your business going online or offline.
You have to go with what your business actually needs. If you are selling software or eBooks, going with digital channels means go purely online.
Nowadays there is none business that is running purely offline. Most of them use a mixture of both and this is a better way to do business.
Happy Business!
For any kind of business consultation and help, Contact us – BeBrand Media