There are many start-up businesses in Europe and the US that have made remarkable strides with online portals taking on the world as their market literally is on their fingertips. There’s hardly any capital outlay that traditional business would need, like having a store and middlemen to distribute your products. All you need is some tech savvy colleague who can design and publish your e-commerce site on the net and some people to get inventories and shipping done.
This should very well be the business model for entrepreneurs in developing countries where capital can be difficult to get. It’s just unfortunate that where online commerce has the potential to beef up the local economy, they can get encumbered with slow internet bandwidths and the cost of hosting. Hopefully, these things will change as telecommunication and computer hardware costs settle to more affordability.