Digital trade provides numerous benefits for entrepreneurs, including:
1. Global Reach: Entrepreneurs can access international markets without the need for a physical presence. 2. Lower Costs: Setting up an online store is often cheaper than a physical one. Additionally, digital marketing can be more cost-effective than traditional advertising. 3. Data-Driven Decisions: Digital platforms provide valuable data that entrepreneurs can use to make informed decisions about their business strategy. 4. Efficient Operations: Digital tools can streamline operations, from inventory management to customer service.