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Small businesses can’t neglect ecommerce

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Digital and mobile technology gave small businesses and major corporations an equal footing. While large companies may have more manpower to operate digital operations, such as social media and website upkeep, unlimited access to the Internet has provided the same audience for all players. And yet there are still some small businesses either not putting forth enough effort in maintaining their digital presence, or avoiding it altogether. These are both mistakes that could cause problems for small businesses, according to the U.S. Small Business Administration.

Now is the time for small businesses to take advantage of opportunities digital technology provides. And while promotion is a big aspect of the technology, business interaction is another. Ecommerce can help a business grow.

Connect with consumers
Small businesses aren’t only using mobile technology to compete with large companies, but for consumer recognition as well. People are increasingly shopping online. Even more specifically, they are using mobile devices, with 2015 expected to be the first year to see more mobile shopping traffic than desktop traffic, according to a report by Small Business Computing.

Consumers do more than just shop – they research as well. If a small shop doesn’t have a Facebook page or website to sell their products through, they are likely to be skipped over. In this way, not making use of these platforms could be detrimental to business.

“For example, adding a Facebook ‘like’ status net to a product so a person who’s seen a product that they like can share it on Facebook with their friends and family. These types of things are extremely important,” said Itai Sadan, CEO of Duda, website builder for small businesses, according to CBS News.

Make the effort
However, just having a website or Facebook page is not enough. A small business must invest the time required to make it effective. Social media and ecommerce are no longer part-time functions of a company. The attention has to be given to make it not only an integral part of the businesses, but a main focus.

The Buffalo News noted small businesses can no longer simply put an “open” sign on the door and expect consumers to walk in. Consumers increasingly shop and search through mobile devices. Small businesses must be at the other end of that search to be successful in the modern world.

 

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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