Online presence is higher
If your business has not hit the online stage then you are really missing. Expect poor returns weekly, monthly or yearly. It is just a matter of time before it becomes obsolete. Five out of the assumed eight billion population are surfing the Internet daily (mostly on social medias). You should know what this means, to an entrepreneur it is an opportunity coming begging. My phone just went bad for few days NOW and I feel disconnected businesswise. smartphones are one easy way to advertise business on the go. That short production video you just created can be sent online with few clicks.
It has not been the same using my PC, when you consider the stages of having to transfer from phone to PC and also have to look for internet peripherals to put it online, I must admit it has been boring. Hoping my new phone arrives soonest; miss putting out those ads and a negotiation opportunity may just have walked pass you. A larger audience is indeed part of profitable business.
That said, let us turn our attention as to how this affects a much larger market. As I said, entrepreneurs are in for the benefit. We have to understand the two set of entrepreneurs in here; service providers and general end user entrepreneurs. What does the future hold for both? For end user entrepreneurs we should expect more competitions as the future demand for more online activities will flock more entrepreneurs too into the internet realm. The competition is even ongoing, you have to be tactical to some point to catch users’ attention, hundreds if not thousands are rendering same service or products.
source
How about the service provider industry? I feel this is where there will be more green lights. First and foremost, it is not easy to set up such companies. We are talking in millions and billions here depending on country and currency, add up daily maintenance and you will see why only few can run such services. We have just four internet service providers in our country till date, I think this speaks for itself.
So where will they be pulling out this profits from?, tariff plans. Smart phones are as good as a cell phone or a calculator without the internet access. How do you feel when you are out of internet data? Yes, you can dump your phone NOW, the most you an do is play games or go through your gallery. So what prompted this article? It was my co-partner telling me about the new moves by service providers to be giving out unlimited data for a month at a subscribed price which is usable as long as there is electricity in your building.
source
I know for advance cities this may not sound new; such thing was already in place. I liked the idea anyway when looking at how much they were going to charge for a certain number of connected users. But the limitation was the issue of having constant light. I don’t know for other parts of the states and local government but the electrical sector over here has stepped up. 20 hrs light minimum is something to cherish, we only hope it comes to stay or even upgrade upon.
This puts service providers on the advantage, you get to bother yourself about your internet maintenance; having constant light to stay active while they go home with a onetime tangible monthly sub. I was talked about how tangible profits helps boost business. I am seeing in entirety what they are doing; make users pay ALL and ahead of usage. Their duty will just be to count the clock. It is a good business and as long has online presence is on high demand, they will definitely scale in their annual profit returns.
To conclude, let me add, the online market is getting busier and busier with so many profitable opportunities. As businesses thrive to remain 24/7 active, it will open more profitable doors for service providers, this industry I feel is worth a long term investment from what I am seeing.
Posted Using INLEO