Question

do research to see: Should online sales be integrated into our warehouse or run as a separate business? Pro’s and con’s on this idea

Answer 1

Ans) Online sales refers to the selling of goods through internet based platforms or applications.This is an age of information technology where it affects the life in a greater way hence huge scope is there for the profits.The question here is to let the online business limited to owm business here we can take the example of a company A where it has a business of selling furniture can let it be on online selling exclusively its furniture to a worldwide customer base here we can sey that the online business is connected to the warehouse or own business here the benifits are world wide customer base and intern higher profits but there are certain limitations to it , the scope of expansion is limited since it is related to the products of the own business that is furniture in this case on the other hand if the online business is established through Platform as a service where the products of other companies can be traded here the benifits are two folds firstly the wide variety of products can be available for sale with large commisions as well as through the popularity of the applications the earning can be through advertisement as well.The limitations are also there such as there us a huge competition in the market with leaders like Amazon.