SOLUTION ABOUT THE PROBLEMS BELOW?

1. Fierce Competition

- Online selling is very common nowadays, especially during the surge of the pandemic. People are now shifting and more engage in buying things online. There is also an opportunity to open a business when there is high demand. Thus, there is very fierce competition among online sellers. You need to be unique in marketing and selling your own products so that you can catch attention and attract customers.

2. Bogus Buyer

- This is a very common problem among online sellers, Bogus buyers are very rampant in the online industry it is a risk that they need to take. When online selling was a trend, people are taking advantage of it. Buying it from a live seller and then they will not pay for it or meet with the seller to get the item. It is very inconvenient for the seller because they invested their time and money especially when they do meet-ups and delivery.

3. Target Market

- Since most live or online selling is happening on a social media platform, your target market is very vast and broad. You need to attract and connect with different people that could be possibly your very own customer.

4. Unstable Internet Connection

- A very common problem in the Philippines is the very unstable internet. When you are an online selling business your primary investment is a stable internet because without it you will not be able to sell your items.

5. Negative Reviews

- Since this is an online selling business it is very common that customers will give you feedback through comments or online reviews by posting on their social media accounts. However, if you have a customer that was not satisfied with the product you offered most likely he/she will post a negative review, and social media and comments are very powerful today with just a click it may or may not help your business.

6. Items left unsold

- This problem is common knowledge to online sellers because there is always the certainty that all your products will not be sold and what will do about the items left. You will not stick to selling it until there is nothing left, you will purchase another stock of products so that there will be new products to be introduced to your customers because we are always aiming for what is the trend.

7. Customer Loyalty

- This problem is a very challenging one because you need to keep a good relationship with your customers and give them the best product or service for them to remain loyal to you and your business.

8. Supplier

- One of the most important when starting an online business where can you get a constant and trustworthy supplier because this is where your business will start, purchasing products that have quality and that can compete in the market and this is where your investment will be put into. When there is a bogus buyer, there is also a bogus seller/supplier.