"Which is the best platform for entrepreneurs? "
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All entrepreneurs should know that staying ahead of the curve is very important. We're living in digital world where internet is the key to unlocking business's full potential. The easiest way an entrepreneur can turn his or her vision into a viral sensation is through the internet.
We have many online platforms that can help entrepreneurs grow their brands and drive sales as well. I really appreciate @mainuna for organizing this contest, it'll be of great benefit for entrepreneurs on the Steemit platform.
Which is the best platform for entrepreneurs and why? |
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Internet has provided us with so many platform for entrepreneurs such as TikTok, LinkedIn, Twitter, Reddit, Instagram, Facebook and lots more. Among all, Facebook is the best platform for entrepreneurs. The reason why Facebook is the best is because, Facebook is the largest and most visited social media in the world. **Facebook has billions of active users surfing it on a daily basis.
Facebook is a popular choice among entrepreneurs due to it features and advertising options. Facebook has this popular features called marketplace. With this advertising feature, an entrepreneur can easily advertise his or her business or products and drive sales easily by posting quality photos of the product, the price tag, the location and the phone contact.
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Screenshot from my Facebook marketplace, and the phone i sold last two months.
Last two months, I made use of the marketplace feature on Facebook by listing my Tecno spark 10 smartphone for sell. After just 5 hours of publishing my products, i got several calls and text from different users concerning my product. I successfully sold my phone at the rate of 90,000 naira without any charges. So I think it's the best platform for entrepreneurs, most of them are giving testimony about Facebook as the best platform for them.
Mention the advantages and disadvantages of doing business using social media. |
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We have advantages and disadvantages in every aspect of life, the same applies to doing business via social media.
| Advantages | Disadvantages |
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| With a massive user base on social media, businesses can easily reach their target and global audience with ease. | With that massive user base too, it may be difficult for most businesses to stand out due to high crowded competitors. |
| Using social media for businesses will really curtail the expenses of an entrepreneur compared to traditional marketing method. | Doing business using social media can harm the business reputation, because they may likely receive negative feedback from customers which in return can drive away customers and the business scramble. |
| Using social media for businesses can grow the business overnight, establish a strong online presence and build a unique brand making the business a popular one. | It'll be challenging for entrepreneurs with low resources to use social media for their business because the time they'll spent there won't worth it. |
How to do business using social media if you are an entrepreneur? |
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If I'm an entrepreneur and i intend using social media to run my business, I'll first of all create a unique and strong social media page or handle to protect my account and business because social media can be vulnerable to cyberattacks and data breaches.
Secondly, I'll try as much as possible to build my audience and drive in sales by selling quality products. Before posting my products online, I'll have to take a clear and quality pictures of it, edit it properly if necessary so as to buy the heart of viewers who may probably become my lifetime customers.
Thirdly, I'll offer the best and swift customer service online. There are some online businesses that keeps customer's messages unraed, to make my own stand out, I must make sure I have a 24/7 customer service with kind replies.
Lastly, I'll have a fast and good means of delivery. I can remember when I ordered for a small perfume online, it took the delivery guy 3 hours before i can get what i ordered, not as if it was far from my city, it was just within, it was so negative. Mine won't be that way if I'm to be an entrepreneur using social media for my business.
What businesses do you think are profitable using social media? Express your own opinion about it. |
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I've noticed these two businesses which is profitable and has gone viral on social media, there are e-commerce businesses and food and beverage businesses. Let's talk about e-commerce businesse which I've indulged in some months ago.
When we talk about e-commerce businesses, it includes electronic retails such as phones, laptop, television etc. It's a profitable business because I've done it several times. If you can remember the smartphone i sold on social media 2 months ago, I bought it at the rate of 75,000 naira and sold it at the rate of 90,000 naira after one month of use. If you do the calculation, you can see that I've made 15,000 naira profit. This online business is one of the profitable so far according to my experience.
To sum up, the best platform for entrepreneurs depends on their interest, target audience and goals. But if you're to ask me again, I'll choose Facebook as the best because I'm familiar with it, just like others.
I'll be delighted if @preshy001, @josepha and @aunatev1 could join me in this contest. Contest link
10% to @steempreneurship
https://twitter.com/Ukohjnr1/status/1795581986930855999?t=fQaEJVTsMYPJJj4cU5uhQg&s=19
Many thanks to the Steem Entrepreneurs Community users who shared the original posts. We hope your contributions continue to inspire and strengthen the entrepreneurial spirit in our community.
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Kind regards,
Steem Entrepreneurs Team