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Imagine that you own a small, local clothing store along the Jersey Shore boardwalk and decide that you want to engage in e-Commerce.
Write a 4-5 page paper on the following:
The specific course learning outcomes associated with this assignment are:
Questions On Starting A Business Online
Length: 4 pages (1142 Words)
Starting a Business Online, Part 2
E-Commerce or an online business platform offers a wide array of opportunities for any business person and is a valuable component of a business. Selling my domain name translates to selling my entire business as this can affect my sales significantly. One reason why I wouldn’t sell the domain name is because of the process of acquiring a new domain name, marketing the website and gaining a customer base is very challenging and time consuming even for the large companies. The process of introducing new customers to the new domain may seem challenging and uncomfortable to my customers as well. Selling off a domain name means selling off the customers that I had already acquired and this may impact negatively on the image of my business. Besides losing customers to a new person, one may also consider the ethical concerns of selling the business whereby the new buyer may use the site for other unethical business which may also hurt the image of the business. I would therefore not sell my business domain name as it would damage my credibility as a business man and can make my business very hard to find.