To an owner or administrator, what is a functional benefit of having an online store?|electro4u
- It collects the addresses of your online store visitors
- It provides a backend system with order management
- It provides a quicker checkout process than a physical store
- It allows you to feature more sales and discounts than a physical store
ANS->2. It provides a backend system with order management
Functional benefits of having an online store
An online store can provide a number of functional benefits for businesses of all sizes. Some of the most notable benefits include:
- Increased reach and customer base: Online stores are accessible to customers from all over the world, 24 hours a day, 7 days a week. This gives businesses the opportunity to reach a much wider audience than they could with a physical store alone.
- Lower costs: Online stores typically have lower overhead costs than brick-and-mortar stores. There is no need to rent or maintain a physical storefront, and inventory management can be more efficient.
- Greater flexibility: Online stores offer businesses more flexibility in terms of their operations. For example, businesses can easily add or remove products from their inventory, and they can experiment with different pricing and marketing strategies without having to worry about the impact on their physical store.
- Improved customer service: Online stores can provide customers with a number of self-service features, such as the ability to browse products, compare prices, and track orders. This can free up customer service staff to focus on more complex issues.
In addition to these functional benefits, online stores can also help businesses to improve their brand image and increase customer loyalty. By providing a convenient and user-friendly shopping experience, online stores can make it easier for customers to find and purchase the products they need. This can lead to increased sales and repeat business.
Some specific examples of how online stores can be used to improve business operations:
- A small retailer can use an online store to reach a wider audience and increase sales.
- A restaurant can use an online store to offer online ordering and delivery, which can help to increase customer convenience and loyalty.
- A manufacturer can use an online store to sell directly to consumers, which can help to cut out middlemen and increase profits.
Overall, online stores can offer a number of functional benefits for businesses of all sizes. By leveraging the power of the internet, businesses can reach a wider audience, reduce costs, and improve customer service.