What is considered to be a key element in making a small, Web-based bu

QUESTION

What is considered to be a key element in making a small, Web-based business successful?

What will be an ideal response?

ANSWER

Answer: Exploiting a niche by offering a unique product or service not easily available to potential customers can lay solid groundwork for a Web-based business idea.
Explanation: Exploiting a niche plays a key role in the success of any small business, but is particularly true for Web-based businesses.