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Insights on money, career and trading

Save Time and Money – Do it all online

Posted on August 28, 2016 by Daniel at 5:21 pm

When small business owners or entrepreneurs who are just beginning to see some growth in their business think of ways of saving money, they often tend to overlook what is perhaps the most obvious way of saving a lot of money and time. That’s digitising anything and everything which can be digitised — doing it all online.

Just about everything can be done online these days. In fact, there are some very big businesses with a huge national and international footprint that operate almost exclusively online, despite appearing to deal with and handle large volumes of physical inventory. This is where the power of the connected world of the internet comes to the fore — some power every small business owner should be capitalising on, since most of the medium-sized to large businesses have already figured it out. E-commerce stores and drop-shippers come to mind as one example of how to use the internet to conduct all of one’s operations digitally. From a customer in a faraway corner of the globe visiting your sales checkout page to complete their payment on something like an iPod to, that purchased product reaching them at their door by courier, at no point along the way does the e-commerce site owner have to get physically involved by perhaps handling the product. It can get so automated that the site owner or webmaster doesn’t even have to oversee anything because ultimately this process fundamentally entails a sequence of the right information being delivered to the right destinations, with the delivered messages authorizing all involved to complete various steps of the process of getting the purchased items delivered.

Think about it – the e-store owner could be sleeping in one part of the world, while an eager buyer from another part of the world completes their payment by entering their credit card details over a secure connection. The credit card information and the relevant authorization actions taken give the credit card company instantaneous power to complete the transaction, after which the appropriate information gets sent to the sellers’ shipping company of choice. From there shipping companies like CSA Transportation or similar others can take over; securing the packaged product and delivering it to the right location, all basically on some instructions which can be generated automatically and dynamically by a computer.

So if you are indeed a business owner or indeed if you’re just looking to get your personal affairs in order so that you save a lot more time and money, do it all online, it’s now possible to do almost anything online. To take a simple example into account, driving down to your nearest lotto outlet costs you more than the cost of lottery ticket itself, because you’d have to factor in costs such as fuel and other running costs associated with your mode of transport. In this particular instance, alternatively doing it online could even open you up to better opportunities, such as perhaps betting on an online lotto USA operator’s offer, which could perhaps have better odds for you to win or put you in line to win a much bigger prize money.

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Insights on money, career and trading