Capabilities and Benefits of a Proper E-Business Plan

The proper e-business plan can make you or break you. Over the past two decades, the United States saw the shift from a manufacturing-based industrial economy to its service sector. An important part of the service-oriented economy is the use of electronic information, the Internet, and related technologies. Many people see e-business as a major driver of economic growth for the rest of the 21st century. There are many online businesses that have far exceeded retail stores in sales and successes such as:
A� Apple’s iTunes has surpassed Wal-Mart as the number-one music retailer. Online sales of digital music rose 50 percent in a recent year while sales of CDs fell by 20 percent.
A� Customer satisfaction with online retailers has surpassed that of traditional retailers by almost 12 percent, according to the American Consumer Satisfaction Index.
A� , one of the oldest Web retailers, has annual sales of around 15 billion dollars. Sales have been rising an average 23 percent at an annual rate
A proper e-business plan is simply following the footsteps of recent successful online businesses. There is nothing complicated or fancy tricks, just hard work and more dedication than anything. Virtually all businesses today have Web sites. They may offer general product information; electronic shopping; and promotions such as games, contests, and online coupons. Type in the firm’s interned address, or use a search engine, and the company’s home page appears.
E-business offers a wide variety of capabilities and benefits to contemporary business people such as
A� Global reach
A� Personalization
A� Interactivity
A� Right-time and integrated New Innovative Products In The Market 2019 marketing
A� Cost savings
The growth of e-business has attracted an army of specialized software firms and other service suppliers that offer expertise for firm taking their first steps into making a competitive e-business plan. Well known examples include Accenture, Adobe, Hewlett-Packard, IBM, Microsoft, Oracle, and SAP. While IBM was originally known as a manufacturer of computer hardware, the firm now generates more Future Technology Gadgets than half its revenue from global technology services, much of which is Web related. Moreover, IBM sells billions of dollars every year in software that provides the foundation for Web-enabled applications for thousands of businesses all over the world. Web-based services and software are such a significant part of an e-business plan, that it is necessary for the future of the business.
The internet is the way of the future of business as far as I am concerned, and if you want to start a business, do your research on businesses that have done and are doing it successfully today.

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