Why Do So Many Online Businesses Fail?
Why Do So Many Online Businesses Fail?
Well, technology is so fast and advanced right now that anyone can open the business and many are also able to successfully run it and sell products online and can earn huge revenue. But don’t think everyone can be that lucky or say anyone can be run a business. It is not a kid’s play that anyone can do it. People who do not know anything are running the business just because of the technology advancement and with the help of some advanced software.
Don’t think you can be the one as this advancement in the technology have proved to be an asset but at the same time, it is also a downfall as many start-ups are failing and not able to achieve what they want. So below are some of the reasons why So Many Online Businesses Fail.
- Lack of knowledge
Thanks to the advancement that people are at least able to open the business but lack of knowledge is the place where they lost the fight. With this advancement, people are overly dependent on the business and they don’t like to gain the knowledge about the business like what does it take to start a business and like this, they lack basic information. If you guys want to run a successful business that it is better you educate yourself fully related to this topic as it might not help you suddenly but it will surely help you in the long run.
- Lack of high-quality content
Content is what that ensure that people are coming to your website and are buying your product so if your business’s website lack high-quality content than it will make hard for the website to attract and motivate people to buy your product and your business will die in the end. Want it to survive than make sure that it contains high-quality content.
- Because they don’t use Fizfy social proof
It is one of the major reasons why your business is failing and if you will still don’t use it then soon your business will die. Fizfy Social Proof is the best social proof tool which provides multiple features and it is available at a very reasonable price. It has more than 33 types of Notification Popup which have more features than other all of Social Proof Softwares. There are 33 Social Proof Notification tools rolled into one.
List of Fizfy Notification Widgets:
- Recent Activity
- Social Sharing
- Button Popup
- Cookie Notice
- Video Notification
- Call in Action
- Coupon Code
- Social Widget
- Fizfy Collector
- Emoji Ratings
- Email Subscriber
- Callback Collector
- Feedback Collector
- Mail Collector
- Text Collector
- Testimonials
- Subscriber Collector
- Recent Sales
- Sales Count
- Active Visitors
- Informational Bar
- Collector Bar
- Coupon Bar
- Button Bar
- What’s App
- Messenger
- Viber
- Telegram
- Snapchat
- Skype
- Line
Pricing of Fizfy is very competitive Pricing starts from $29 with the access of all features which is competitive among other social proof software’s.
- Website isn’t search engine optimized
Yet again one of the reasons why a business fails to run. If people aren’t able to find your business or say if you aren’t going to let them know that your business exists then how can you expect that your business will survive? Make sure is SEO optimized so that it can appear in the top rankings of the search results so that people can know about your website.
- Lack of good images
Pictures are what consumers seek for when they want to buy something from your website and if pictures aren’t good than it is set that your business will fail. So make sure that the pictures that you add to your website are of high quality.
- You are charging a high cost for shipping the product
This is what that kills the business when you charge the high shipping price. Make sure you are charging a reasonable price or if possible give them free shipping because free shipping will not only ensure the running of the business but will also attract a lot of customers.