online-entrepreneurship

Vocabulary Word

Definition

'Online-entrepreneurship' refers to starting and running a business on the internet. It means adapting business operations to fit into an online format, like selling products on a website instead of a physical store.

Examples in Different Contexts

For digital products, 'online entrepreneurship' refers to creating and selling goods or services online, such as software, ebooks, or courses. A digital product creator might explain, 'Through online entrepreneurship, I've been able to monetize my expertise by offering online courses and webinars to a niche audience.'

Practice Scenarios

Creative

Scenario:

The digital space allows us to nurture various creative talents. But, we need to ensure our platform resonates with the right audiences.

Response:

That's why we're employing online-entrepreneurship to create a digital space that supports and showcases indie musicians.

Marketing

Scenario:

The ability to achieve brand visibility online is crucial. However, maximizing return on digital advertising investments is equally important.

Response:

Our online-entrepreneurship venture focuses on leveraging data analytics to maximize digital ad returns for small and medium businesses.