[ IDEAS &
OPPORTUNITIES ]
Trends By the season Home-based Part-time stint Success stories [ FRANCHISING ] Get a franchise Franchise your
business
[ GET STARTED ] Startup tips Ask Entrepreneur Workbook Resource center [ GROW YOUR
BUSINESS ]
Sales and marketing Operations Strategies Expansion
Username  Password  LOG IN|REGISTER NOW

Get Weekly Updates

Free tips and advice to grow your business!

Get Entrepreneur Philippines Everywhere

Get Started

Why online is the future of business

Nov 18, 2011

By simply equipping themselves with a personal computer and an Internet connection, more and more merchants are discovering that doing business online is an efficient, safe, and hassle-free way to market their products.

In the Philippines, in particular, online merchants are now fast turning cyberspace into an online shopping mall, selling most everything from balloons to cellular phones and concluding thousands of transactions in the relative ease and safety of their living rooms, office cubicles, or even of specialty coffee shops.

Take the case of 24-year-old Joether Santos of Manila. When he decided to pursue post-graduate studies earlier this year, he badly needed money and he needed it fast. The beginning of the school term was less than a week away but he was still woefully short of the funds he needed for his tuition.

That was when he decided to sell his motorcycle online. He took photos of it, uploaded the images onto his laptop computer, then posted them on his web log along with a price tag and a short description. In just two days, he got the P30,000 in cash he needed to enroll for his post-graduate course.

“It’s easy to make money from online selling as long as you have a good quality item to sell,” he says. “It’s convenient, and you get to reach a much broader audience free of charge.”

Santos now plans to expand his foray into the online selling business by posting more items and increasing his inventory. He intends to do this on the side while doing his post-graduate studies and his regular job as a marketing manager at FEATI University in downtown Manila. Unlike traditional business ventures that require an onsite presence most of the time, online selling entails but a few mouse clicks a day.

He explains: “You don’t have to physically check everything because you can do the business by remote.”



Comments     Email to a friend     Go back to Get Started

Comments

Business Opportunities
Looking for a new business? Find opportunities here
Business Matching
The best place to look for suppliers and business partners
Investment Opportunities
Know where to place your investments
Source of Funds
Looking for ways to fund your business? Find them here
Buy and Sell
Find the right suppliers and clients for business equipment and other products
Rent, Lease or Sell Real Estate
Earn money from your properties. Post your advertisement here
Franchising Opportunities
Anything and everything about franchising
MLM and Networking Opportunities
Expand your network here
News and Announcements
Get the buzz from fellow entrepreneurs
What’s Your Problem?
Let’s solve your business woes
Starting and Running a Business
Your guide through the start-up maze
Business Tax, Accounting and Government Requirements
Swap tips and get advice on juggling your business journals