Suppose How to start a successful online business<br>Research your target market and competition to understand the demand for your product or service. Create a professional website that is easy to navigate and appeals to your target audience. Develop a strong social media presence to engage with potential customers and drive traffic to your site. Offer high-quality products or services and provide excellent customer service to build a loyal customer base.
Can we infer that "Starting an online business requires no research or planning"? Yes, no, or maybe?