1-E-business Removes borders and location restrictions
The
Internet reaches all over the world and spans all time zones. This means that
when companies take their operations online, they have the same capabilities.
With the physical store, customers are limited by how close the store is and by
how long it operates.
2-E-business Reduces time and money expenditure
With bills for rent, electricity, telephones, and general office maintenance, physical locations expenses can start to accumulate. By moving business online, costs is going to be reduced or eliminated. There is no need to bear the general cost of the property and the costs associated with maintaining the physical site – apartment or stores - . Additionally, inventory can be automated with a web-based management system that helps reduce inventory costs.
3- E-business reduces the costs of hiring
With e-business firms may have to hire fewer people as you will not have a store that needs to be managed during business hours. Small physical stores usually have at least two people on staff who are paid by the hour.
4- E-business Expedites and fasts customer service
Thanks to email and live chat programs, e-businesses have no problem fulfilling this need. Additionally, these flexible forms of customer service can extend beyond actual store hours. The e-business also provides the convenience of getting products directly to the customer's front door - without the need to be bothered with traffic
5-E-business keeps your business closely related to all developments
The internet represents a big part of our lives, and it won't be leaving anytime soon. Opening an e-business keeps you in constant touch with what is current: it balances capabilities and resources with production and service capacity and gives you the necessary resources to compete in today's growing digital market. When it comes to e-business, both the consumer and the business reap the benefits. Internet connectivity makes a business that is convenient, accessible, affordable, and better equipped to help its customers, and when companies focus on benefiting their customers, everyone wins.
6-E-business attracts new customers
E-business helps in attracting many and many new customers to companies, wholesalers and retail stores as it reaches many customers through the Internet The e-commerce store can be accessed and viewed by an unlimited number of internet users.
Keywords: e-business importance, advantages of
e-business, benefits of e-business
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