Online Business
Health Reasons
Advantages
532m people have caught Covid-19
Lessen the spread when at home
6.27m people have died due to Covid-19
The less crowded the are the less people will get Covid-19
Greater Reach
Low Overhead Costs
Greater Customization
Ability to Adapt
Ability to Gather Customer Data
Online stores are cheaper than brick and mortar stores
Online stores let you see customer data and adapt according to their target audience
Customers can easily customize their orders
Can virtually reach anyone in comparison to brick and mortar stores
Online stores can adapt easier than their brick and mortar counterparts
Effect
Online businesses work as proof from the advantages listed above. If the business succeeds it will all the positive effects a normal successful business would have on your life.
Justification
You get everything you'd get from a brick and mortar store but it is easer, more convenient, and cheaper to start.