Skip to main content

Why E-business is so important ?

There is no doubt that electronic business has great benefits and importance at the present time as it helps in many things including 
the following:



  

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 

Comments

Popular posts from this blog

Entrepreneurship Meaning and Concept

 In fact, there are many, many definitions of entrepreneurship, each of which deals with an aspect, feature, or characteristic of entrepreneurship Here I will lay out a variety of entrepreneurship definitions, through which you can deeply understand the idea Entrepreneurship is: a set of processes that start from the ability to find innovative solutions to the problems of a sector of the public, and the ability to start implementing these solutions through the establishment of an institution that attracts cadres with distinguished minds, and the ability to continuously develop and grow by adding permanent and continuous improvements Entrepreneurship : The initiative to build unique and creative projects, and work to develop them, and exploit all possible opportunities, to achieve material profit from behind it, while bearing the risks resulting from that Entrepreneurship is: a work behind a person who believes in an idea and has a passion for it, and is able to implement this idea ...

The concept, advantages and risks of electronic banking or online banking

  The concept, advantages and risks of electronic banking The emergence of electronic banks In light of the tremendous development in computing and communication technologies that have achieved a rapid and comprehensive exchange of information, and this was accompanied by the investment of the Internet in the field of electronic commerce within the concepts of e-business, e-commerce and digital economy, in light of all this the development of the concept of online financial services, to transform the idea From merely carrying out business over the line especially through the client's computer system software, to a bank that has a full network presence and whose website contains all the necessary software for banking; On top of that, the concept of banking service has evolved from performing financial services for client accounts to performing money services, financial advice, investment services, trade, administration and others The history of the emergence of electronic banks or i...

Seven Meanings and Definitions of E-business (electronic business)

  7 Meanings and Definitions of E-business (electronic business)   Introduction:- The term e-business is a modern term that did not appear until a decade ago, when IBM used it during the launch of its first campaign based on this term in its seeking to distinguish e-business activities from e-commerce activities.   Keywords : E-business  - electronic business – E-commerce - E-business  consulting – meaning of e-business     First definition:- E-business is any type of business or commercial transaction that involves sharing information over the internet. Commerce constitutes the exchange of products and services between companies, groups, and individuals and can be considered as one of the basic activities of any business. E-commerce focuses on the use of information and communication technologies to enable external activities and business relationships with individuals, groups and other companies, while e-business refers to business with the help of t...