The importance of Online Business in today’s world

In today’s business landscape, having an online presence is crucial for any active company. The pandemic has further highlighted the significance of this industry. Companies that already had online stores (e-shops) were at a significant competitive advantage and continue to benefit from it.

There are several reasons to consider having an online store in addition to a traditional “brick-and-mortar” shop. Here are a few, though you can undoubtedly think of more:

  • No Fixed Hours: An online store operates 24/7, eliminating the constraints of opening and closing times.
  • Convenience: Customers can browse and shop without the physical effort of walking around a store.
  • Instant Information: Product and service details are readily available, removing the need to wait for staff assistance.
  • No Travel Needed: Customers can shop from anywhere without the need to travel to different cities or states.

Key Facts Supporting the Move to Online Business

Here are some compelling statistics and facts that might influence your decision to venture into the virtual marketplace:

  • Internet Usage: In Slovakia, 91% of households currently have Internet access.
  • Domain Availability: As of 2024, there are over 470,000 domains registered in the .sk zone, with significant growth potential.
  • Cost-Effective Entry: Registering a domain and setting up an e-shop is highly cost-effective.

To facilitate your entry into the online business world, SK-NIC offers an advantageous domain registration with the most beautiful domain ending: .sk. This makes it easier and more appealing to establish your online presence.

By embracing an online business model, you can tap into a vast and growing market, ensuring your company remains competitive and accessible to a wider audience.

Team Internet plc (LON:TIG) – formerly CentralNic – is a global internet solutions group headquartered in London. Leveraging world-class technologies and industry leading teams, they have been transforming the way organisations, brands, publishers and consumers connect and thrive online.

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