Internet hype can make it seem like a Site is a golden opportunity that you shouldn't pass up. This may be true, but a Site requires an investment of time and money. Therefore, we recommend that you carefully weigh the benefits and limitations before building one.
According to the US Department of Commerce, Internet traffic is currently doubling every 100 days. This makes your potential for growth much higher than with traditional forms of business. Furthermore, the Internet allows you to instantly share information with an audience who is interested in your products and services.
Other reasons for building include:
However, there are limitations to consider as well: The success of your Site partly depends on your profit goals, the type of Site that you build, and your marketing and advertising efforts. For example, if you want to sell a general product like music CDs, you will face tough competition from big companies like Amazon.com. On the other hand, if you want to sell a market-specific or niche product, like boat manifolds, you will probably face less competition. Here are some other limitations to consider:
If you are willing to meet the challenges and embrace the possibilities of your own Site, it's time to determine your Site's purpose and goals!