How do you relate online business to offline business in terms of the volume of sales on the same type of business?

[Stardom22]

So when you compare the performance for the online and offline businesses operating under the same business environment which one makes more profits than the other?

 

[Augusta]

Online businesses, especially those with a global reach, can potentially generate higher sales volumes due to a broader customer base and 24/7 availability.

 

[Springtime]

My guess is the online business can make more sales because it operates on a 24x7 basis.

 

[eLdavis]

In most cases, the online business often makes more profits than the offline one, but there are also cases where offline business makes more.

 

[bestwriter]

So when you compare the performance for the online and offline businesses operating under the same business environment which one makes more profits than the other?

I have no idea who makes more profit but there is a difference between the two infrastructural requirements where I think online business have more work to deliver and also have interactions with the prospepctive customers.

 

[Trush Jodie]

Considering my location as a typical example, offline sales are far greater in volume than the online channels for all products.

 

[Fire&Rain]

It really depends on the product, the market and how well each channel is managed. Online business can reach a wider audience and are not limited by physicals location, which gives them aa chance to scale faster and sell more. Offline business often have the benefit of trust and personal interaction especially in places where people still prefer to see what they are buying.

 

[Augusta]

Considering my location as a typical example, offline sales are far greater in volume than the online channels for all products.

This thing is not static it always depend on your business and your location. Sometimes offline store does better

 

[kit_hung]

Online businesses, especially those with a global reach, can potentially generate higher sales volumes due to a broader customer base and 24/7 availability.

True. Online businesses have become very popular because they attract many customers worldwide and do not sleep. At any time someone can come in and buy something without waiting for stores to open. This availability makes sales soar and gives businesses the opportunity to grow quickly. A large customer base means the potential for greater profits.