Online and offline business difference.

Hello people on leo, hope everyone is hale and hearty.Today i am gonna talk about the differences of product price on online and offline businesses. So lets start on this topic and know what i have in my mind.

Recently due to covid-19 pandemic there has been many entrepreneur around me. Many of them getting into many things for an economical outcome so that they can make the best use of this time and do some earnings. While on this i have seen some differences of price of a product on different places. Like of you go for buying a grocery in a super shop you may see a 10 doller tag on that and the same thing maybe available on an online shop where they are offering you at 90 doller.

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Did you think what's the difference here? Well, the super shop is a well established physical shop. Where is a huge investment behind that. There are many kind of regular expenses like electricity bill,water bill,rent,shop keepers, security and so on.On the other hand in an online shop you may minimize those on a great extend. This way there can be a less price offerings from them.

Well in some cases the online shops also may make the price higher due to their needy expenses. Like online shops has no physical existence so people somehow believe them less. This scenario varies but still they do here and for that the online shops needs to many campaign to reach to large number of people’s. They do paid sponsor, they gives many offers and so on. Which may also make huge difference's in the business.

Jumping from my second portion i wanna share that we often compare things in physical shops that its much cheaper in an online platform and why its higher here. To me these are the real reasons for such kind of differences. I have seen the entrepreneurs giving so many offers at so much less prices compared to the physical one's. Out of curiosity i thought and find out these. Actually i also do believe this working in such way.

Both of the options are right at their places and in the end its on us which one we should buy. So as we always try to make profits or win so we will obviously choose the cheaper available option for a win game.

So guys that is all for today. Actually we do think sometimes on such a easy things and run into dilemmas. We think some are making huge profits and cutting our pockets for their personal gain. But behind all this there are too many things that works behind them which we don’t usually see. That was all from my personal experience and thoughts on current situation around me. It may be something different based on you so if you have anything to say on this topic then feel free ti let me know through comment box.Thank you for your time, Have a great time. See you in my next post.

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