Why do 90% of Online Businesses in South Africa Fail?
It is estimated that over 90% of new websites fail within the first year of existence. Interestingly enough, the same can be said for the restaurant industry, as only 1 out of each 10 new restaurants experience real rewards.
With such negative odds it seems that many are taking a foolish gamble for a shot at success. Yet, there are certain individuals who are able to launch successful restaurants and online businesses time and time again with amazing success rates.
Why is this? Almost all of these entrepreneurs failed many times before they succeeded, but, the key to their success is a winning formula derived from trial and error.
The Internet is no different. Through the Dot-Bomb era, millions of websites failed and through this collective information, it was possible to develop a successful formula. A formula used by R.O.I Media to ensure the success of their websites and their clients websites.
Highlighted below are some of the modern principles for online success. It is guaranteed that if businesses actually adhered to these principles, 90% of them would be smiling rather than...
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