| Do You Need The Internet As A Retailer? |
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Do You Need The Internet As A Retailer?
I predict that in the next 5 years or so….. Half of your sales will be orders on the internet, or at least generated from the internet.
These sales are inexpensive to generate (advertising on the internet, or getting internet listings, is cheaper than local print advertising), and the orders can be filled by cheap, semi-trained labor (your brother-in-law will have a use after all). You will still have your retail store. You will still profit from a local location…...but you need to have an internet option for your customers.
Amazingly, there are still retailers who fight this. As little as 10 years ago, I heard someone at a seminar say out loud “Anyone who buys from the internet should be shot!”….and nobody laughed.
Guys, it’s 2008. I know, I’m as surprised as anyone. But the future is here.
I’m working on a seminar on how to profit from internet use as a retailer...but that’s a year off or so.
You can complain about that new fangled internet...or you can embrace this media & profit from it. It’s your choice.
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