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Does a business have more trust from customers when it has a strong online presence?

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Online presence is like the thing that businesses are falling head over heels to have. It is like businesses can't get good sales nowadays without having a strong online presence. What makes online presence vital for businesses to make good sales these days?
 
Online presence can boost people's trust on your business to an extent. I don't believe that business can't get good sells due to poor online presence. A business can have good online presence and still fail to make enough sells. These factors doesn't correlate much.
 
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