{"id":45648,"title":"Out With the Old and in With the New: How to Invent a Sustainable Revenue Stream in 2019","publisher":"Share Talk","author":"sharetalk","published":"2019-01-16T11:31:02+00:00","modified":"2019-01-16T11:31:02+00:00","canonical_url":"https://www.share-talk.com/out-with-the-old-and-in-with-the-new-how-to-invent-a-sustainable-revenue-stream-in-2019/","markdown_url":"https://www.share-talk.com/out-with-the-old-and-in-with-the-new-how-to-invent-a-sustainable-revenue-stream-in-2019.md","json_url":"https://www.share-talk.com/out-with-the-old-and-in-with-the-new-how-to-invent-a-sustainable-revenue-stream-in-2019.json","category":"Blogs","categories":["Blogs","Business & Support Services","Fintech"],"tags":["Cloud-Based","E-Commerce","online retailers","Retail Sales","software"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&ssl=1","format":"news","language":"en-GB","content":"It has been said that a fool and his money will soon part ways. This is another way of observing that not all money-making schemes will work.  We would otherwise encounter millionaires on every street corner.\n\nNow that we have had a slight dose of reality, we should look at the other side of the coin. The fact of the matter is that there are more opportunities than ever before to create a lucrative side hustle if you know where to look and how to begin.\n\nOnline retail sales are arguably one of the most powerful options at your disposal and unlike in the past, you will no longer need to possess a thick bankroll to begin. Let’s take a closer look.\n\n**Why Choose Online Retail Sales?**\n\nThe online retail sales sector is growing at a breakneck pace.  Recent research has shown that more than half of the population of the earth owns a smartphone and this demographic is more likely to utilise the power of the Internet to make a purchase as opposed to visiting a traditional brick-and-mortar business.\n\nIn other words, you can access a truly massive audience.\n\nAnother benefit that can be leveraged involves the evolution of cloud-based e-commerce software applications.  No…we are not referring to standard platforms such as WordPress.\n\nWhile great at building websites, the fact of the matter is that they have not been primarily designed to address the needs of retail professionals.\n\nThis is why it is always a good idea to choose dedicated software that has been specifically created to guide you along the way.  Still, not all architecture is equal in terms of a user-sense of functionality.\n\n**The Changing Face of Cloud-Based E-Commerce Software**\n\nModern e-commerce software is not what it once was.  While platforms such as Magento and Big Commerce did indeed make a mark upon the industry, they suffered from a handful of pitfalls.\n\nRather inflexible pricing packages, decidedly complicated architecture and a lack of flexibility were some key drawbacks that were difficult to overcome in the past.\n\nThankfully, this has all changed thanks to the presence of Shopify Plus.  It, therefore, stands to reason that a growing number of entrepreneurs are [migrating from Magento](https://www.shopify.co.uk/plus/magento) in order to leverage the power of user-friendly software.\n\nShopify Plus offers a device-agnostic edge, so your sales tactics will no longer be limited.\n\nThere are no security updates or software updates; ensuring a seamless sense of reliability that was sometimes lacking in less advanced packages.\n\nYou have immediate access to more than 20 sales channels in order to increase your online exposure.  In the event that an issue or question arises, you can contact a dedicated customer support specialist 24 hours a day and seven days a week.\n\nAre you hoping to boost online retail sales in 2019?  If so, it is high time to upgrade to an e-commerce package that is better able to suit your needs.\n\nImage via [blog.magestore.com](https://www.google.com/url?sa=i&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwi_hoSLmfLfAhWxsHEKHftQCmkQjB16BAgBEAQ&url=https%3A%2F%2Fblog.magestore.com%2Fonline-to-offline%2F&psig=AOvVaw2RWHJscFwyL7jdMxjZi481&ust=1547724448988817)\n\n "}