Benefits of E-Business..

Discussion in 'Business Ideas' started by deckd19, Mar 23, 2013.

  1. deckd19

    deckd19
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    It is a process of conducting business electronically.
    Benefits of E-Business is as follow:

    1)improved speed of response
    2)cost savings
    3)improved communications, information and knowledge sharing
    4)reductions in inventory
    5)improved efficiency and productivity
    6)acquisition of new customers and increased sales
    7)improved customer service.
    Post your ideas related to this topic
     
  2. scifi

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    Safe from maintaining physical assets is another benefit for E Business unlike plant and machinery...improved after sales service and initial sales follow up...
     
  3. bethw

    bethw
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    The emergence of Internet and e-business has given a new dimension to buying products online. Business owners of e-businesses and their customers find advantages of viewing products and buying through Internet., which can be done within 24 hours!
     
  4. TimeRider

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    well in E-business, You can develop a more cost-effective Communication and Marketing Strategy - The most obvious advantage of "upgrading" to eBusiness is that it gives you a vital web presence. In an upgraded "eBusiness environment" your company web site becomes the focal point of your communications and marketing strategy. And in an era when an increasingly large number of people are using the web as their first source of product and service information, "being there" 24/7 is extremely important.
     
  5. semaphore.v

    semaphore.v
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    Reduces Transaction Cost
    Eliminates Geographic Boundaries
    Flexible Business Hours
    Low Overhead Costs
     
  6. Rocky

    Rocky
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    There are numerous benefits. Most importantly the world is your target market and you can sell anywhere you want without much problems.
     
  7. spyindiaa

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    flexible , communicable, efficient, with in the reach of every one any time ..
    the most important thing u cant visit the prices of different service provider of same thing with fingers walk only....
     
  8. watshelly

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    Cost savings, improved customer service are the biggest advantages for online businesses.
     
  9. vikaskumar11233

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    HI,
    The internet is a big part of our lives, and isn’t showing signs of leaving anytime soon. Opening an ebusiness keeps you in touch with what’s current: it levels the playing field and gives you the resources needed to compete in today’s increasingly digital marketplace. With an e-business, all of your marketing efforts end with one goal—to drive target traffic to your business website. E-business breaks down the time barriers that location-based businesses encounter, according to eCommerce Education. Because the Internet is available 24 hours a day....
     

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