Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Top 3 Challenges of Managing an Online Business

By AGILI RON Subscribe to RSS | August 6th 2012 | Views:
loading
 
  



While starting an online business involves lower start-up costs than brick-and-mortar operations, running a successful online business is far from easy. According to small business review by Business Matters Magazine, nearly 90% of all online businesses fail. And the reason could be anything from lack of planning to low customer reach, inefficient business operations and more…

Here are the top 3 challenges of managing an online business:

Challenge #1: Adapting To Technology

Scalability is the biggest challenge of any small business that's striving to grow big. We think that once we have established our online business, we are done with the technology. However, one must understand that technology is evolving and so are the customers' tastes. Unless we keep our IT up-to-date with the latest technology, we are doomed to fall.

One of the easiest ways to work around this bottleneck is to use an online business software that evolves with the technology. As a result, you will be able to keep your system updated and stay abreast to the changing needs of your business.

Challenge #2: Gaining New Customers

Another challenge that most businesses face today is “how to increase sales” and how to gain new customers. Along with the focus on giving the best quality services to existing clients, we need to ensure that we are improving our customer reach. We need to implement a system so we can increase sales through multiple online channels and reach out to a wider audience.

Integrated multi-channel business software works great if you are planning to increase your sales channels without affecting your daily business operations. With reliable and state-of-the-art online small business software, you can gain access to multiple online sales channels that can enhance your business and profitability multifold.

Challenge #3: Day To Day Operations

Ecommerce business calls for a lot of time and effort in managing the back end and front end operations effectively. You need a streamlined business administration portal that is dynamic and enables you to handle the complexity of managing products, inventory, pricing, orders and customers.

Online Business ERP software is perfect for managing day-to-day activities without hampering the productivity and growth of the business. Such software can give you a bird's eye view of every department within your company and you can keep track of your business transactions without spending a lot of time on back end management.

Ecommerce Business Software For Online Success

Today, many businesses are striving to utilize technology for quick and easy online business management. Ecommerce business software is able to give them the flexibility to use advanced ERP systems on demand and this, in turn, helps in improving business profitability without increasing the operational costs.

If you are also facing some of the above challenges with your online business, consider getting online business software. You don't need to buy a complete ERP system as you can get software as a service on a monthly subscription. Make sure you check the services available and choose the best service model that offers a solution for each of your business challenges. Your online success starts at having good ecommerce software for your business!

AGILI RON - About Author:
For more information about online business software please visit http://www.agiliron.com/products/online-business-software.html

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/software-articles/top-3-challenges-of-managing-an-online-business.htm

Related Software Articles Subscribe to RSS

Lenovo s10 - a good investment for small business
Published by Paul Smith on April 20th 2012 | Computer
The Lenovo laptops come in a series called Lenovo s10-1, s10-2 and s10-3 is the latest one. This att...
 
Important factors essential for consider for Website Development Firm for Online business Website
Published by Brettdaugherty on August 4th 2012 | Computer
Nowadays, leading Website Development Company undertakings considerably to create e-commerce website...
 
Reputation Management – Monitoring and Managing your business
Published by Siljajoseph on July 20th 2012 | Software
Reputation Rhino is an online reputation management firm which also offers the best brand management...
 
Hire PHP Developers to enhance your online business
Published by Vivekcis on December 30th 2011 | Software
Hiring php programmer for your business is a good idea. These programmers can help in designing and ...
 
Online booking software – stay ahead of the competition
Published by Julia Roger on December 16th 2011 | Computer
If you own a guest house, B&B or an independently run hotel then you might be realising that more an...
 
Best network security support for your business
Published by Chris Mills on January 25th 2012 | Computer
Whether its public, private, corporate or governmental issue, network security support plays a great...
 
To select the finest warehouse software then just choose Vision Software
Published by James Blee on August 24th 2012 | Software
Here at Vision Software Solutions we have provided both blue chip and SME’s with warehouse softwar...
 
Uses of Digital Signage software in the healthcare industry
Published by Digital Technology on April 5th 2012 | Software
Communication is a major aspect of good healthcare today simply because proper organization is essen...
 
Effective antivirus software for complete computer security
Published by Alexs on February 23rd 2012 | Software
Computers today hold more than just the capability for word processing and number crunching. On top ...
 
Employee time clock software the Best One to Use…
Published by Riley Poole on March 25th 2012 | Software
Time Clock Software works with Employee Time Clocks for a complete time and attendance software solu...
 
Banking software companies and their Vision and Mission
Published by Angel on May 7th 2012 | Software
Financial institutions seek the services of banking software companies to introduce novel mobile ban...
 
To select the finest warehouse software then just choose Vision Software
Published by James Blee on August 24th 2012 | Software
Here at Vision Software Solutions we have provided both blue chip and SME’s with warehouse softwar...
 
Significance of web-based document management for business
Published by Caitlin Jones on November 25th 2011 | Software
Each company has different requirements in terms of document management systems. For these users for...
 
Role of web extraction software in data acquisition
Published by Newprosoft on December 6th 2011 | Computer
Data contained on the internet is virtually limitless and this has necessitated the development of s...
 
Email marketing is an important aspect of your online strategies and getting bulk email software can ease your way in to success
Published by Jack on May 29th 2012 | Computer
Nowadays, internet consumers recognize the power and relevance of online marketing. Businesses are n...
 
Become DJ for an evening with karaoke software
Published by Sherman Barber on May 17th 2012 | Software
Today's jukebox machines are state-of-the-art. They include everything from video displays to karaok...
 
Sage accpac for efficient business
Published by Harry Smith on July 10th 2012 | Software
Having ERM software can help you run a better business. Located in Markham, ON, IWI Consulting Group...
 
Factors to consider while choosing Time clock software
Published by Hope It Helps on July 30th 2012 | Software
Are you looking out for employee time clock software? If your answer is “Yes” then there are a l...
 
Computer service business plan set for a good deal
Published by Carolmoore on March 6th 2012 | Computer
Having a fantastic career in terms of the fanatic you are will emerge you as a successful person lik...
 
Enticing features of recycling software
Published by Angel on March 23rd 2012 | Software
An ardent recycler implements recycling software to automate his business procedures and processes. ...