Friday, May 27, 2016

Describe the factors you should consider if you are planning to conduct business online

#  Conduct Business Online :
                                                 A sound E-business strategy has helped many U.S companies to reduce their costs and increase their productivity and sales. The internet allows you to do international business independent of time differences and office hours. The resources in their section help you better understand how E-Commerce can help your export business.

1. E-Commerce is valuable for all business :
                                                                                         Investor word defines E-Commerce as "the buying and selling of products over the internet" any transaction that is completed solely through electronic measures can be considered in E-Commerce.

2. Time is money :
                                       From a consumer standpoint, it is more efficient to shop online because it saves time.

3. The niche Market :
                                             E-Commerce i the perfect solution for a company whose target audience is a niche market.if you sell a special item you need to be online cause E-Commerce websites have proven successfully to retailer whose core audience is a highly segmented part of the overall population.

4. Low Overhead :
                                        E-Commerce website has low overhead costs. It is relatively cheap to design a website with an online store.

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