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Is online business more competitive than offline ?
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[QUOTE="Kendy, post: 232403, member: 63869"] I presume they are still the same in terms of competition but if I am to choose a particular stance, I would say that, offline business is more competitive than online business. The offline business even from the starting point is hard to set up and it demands proper planning and adequate funding to make it visible to customers. Offline businesses demands money to rent a shop or outlet and then, needs techniques or strategies to capture the mind of audience. Also, offline businesses may not have access to the specific audience depending on where the location is set. Offline business faces so many challenges and disaster like; during the covid-19 pandemic, most offline ventures were disrupted while on the other hand, online businesses were even booming more because of higher demand. The offline business have challenges like; environmental hazard, pollution and all sorts of flood issues. The online business have its own challenges as well, but it is not as much as the offline. I think the online business is also very competitive but it has lesser risk. For online businesses, am entrepreneur does not need to rent a shop or an outlet before he can be permitted to operate. [/QUOTE]
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