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Thousands of health e-stores now thrive on the Web, providing people with a way to purchase goods and services electronically. For small businesses, the Internet can deliver a global market. Depending on which survey you believe, that may be more than 350 million people, with another 500 million Internauts projected over the next few years. If the demographics of the online community match your health customer profile, that's a lot of potential new business. While the potential is there, however, challenges loom large.
Remember, it takes time for people to adopt to new technology and modes of transactions. Many people remain reluctant to give out their credit card numbers over the Internet for health purchases. But most analysts project healthy growth for health online sales, especially as security issues are addressed.
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Internet shopping for health is steadily booming (forgive the pun) and this means high competition between sites selling and marketing health products. This competition is good for you because it means everyone selling health has to watch their pricing like a hawk just to keep ahead of the pack.
The poster child dotcom business, Amazon.com has a lot to teach aspiring Internet entrepreneurs. Yet despite its huge product inventory, convenience and customer service, the company continues to lose millions of dollars and has seen a precipitous drop in the price of its stock. But things change. Lean sharp health companies are springing up. The health wholesaler has entered the market.
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