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Business is a broad term that refers to the activities involved in the production, distribution, and sale of goods or services for profit.
What are e-commerce strategies for use-based services?
Existing customers pay an access or use-fee. An example of an access or use-fee is a phone bill, electric bill, or cable TV bill. Companies with a use-fee are typically utilities like telephone, gas, electricity, cable TV, and garbage collection. Other types of businesses with a use-fee are apartmenRead more
Existing customers pay an access or use-fee. An example of an access or use-fee is a phone bill, electric bill, or cable TV bill. Companies with a use-fee are typically utilities like telephone, gas, electricity, cable TV, and garbage collection. Other types of businesses with a use-fee are apartment houses and banks. Most use-based service companies are established businesses with a broad consumer base. Utility customers are familiar with their current use-for-pay billing system. Consumers are looking for ways to consolidate, simplify, and manage their budgets.
If your company is service oriented, you may want to create an online shopping and online purchasing service focused on convenience. That way, you entice customers to learn more about your services, teach them better ways to use your service, and lead them to buy additional services.
Service suppliers find an online purchasing site a better way to manage their costs. Use-based service companies are looking for ways to streamline business practices while maintaining service levels. Online billing is a method of providing new convenience- based services that benefit both the company and the consumer. By providing consumers with direct access to their bills, service companies can automate the process of sending out bills and processing payments, saving time for consumers and employees. Automating bill payments cuts costs (since fewer people are needed to process payments), increases cash flow (since money is electronically received), and provides better services (since consumers can access better bill management tools). Additionally, service suppliers can use mass customization online shopping and purchasing services to provide existing customers with information on existing and newly customized services for individuals based on their use patterns.
See lessIs the product a good candidate for e-commerce?
The first step in building an e-commerce site is determining whether your goods are appropriate to be sold over the Internet. The most obvious products to sell over the Internet are recognizable commodities or brand name products. If a product is easily available in the marketplace, there must be soRead more
The first step in building an e-commerce site is determining whether your goods are appropriate to be sold over the Internet.
Be sure that there are no legal limitations to selling your product over the Internet.
See lessIs it possible to stop hackers?
There are many successful strategies for companies to provide security to their web sites. There is a low probability that a hacker is targeting you or your company. Hackers tend to go after big name companies and organizations. They are often looking for recognition from other hackers. Companies thRead more
There are many successful strategies for companies to provide security to their web sites.
Are companies really making money on their e-commerce sites?
Many companies are just beginning to use the Internet for commerce. Newspapers are full of stories of Internet companies that have billion-dollar market capitalization and have not yet made a profit. The reality is: Many companies have successful e-commerce sites. Since the technology is new, peopleRead more
Many companies are just beginning to use the Internet for commerce. Newspapers are full of stories of Internet companies that have billion-dollar market capitalization and have not yet made a profit. The reality is:
Can internet transactions and communications be secure?
By developing a site that uses secure server transactions, you can protect your company and your customers when buying online. Internet credit card transactions are generally safe than phone credit card sales, as long as they are encrypted. Encryption ensures that if a transaction is intercepted, itRead more
What are the current media myths about the internet?
The media have done numerous reports on perceived ings of doing business over the Internet. You will hear about following shortcomings of doing business on the Internet: Hackers can get access to my personal information. Commerce doesn't work on the Internet. Transactions are not safe.
The media have done numerous reports on perceived ings of doing business over the Internet. You will hear about following shortcomings of doing business on the Internet:
How has the internet enabled companies to move from mass marketing to mass customization?
The Internet provides companies with the infrastructure to participate in the paradigm shift. You can move from providing general information or products to providing information or products customized to your visitors' needs. To provide mass customization, two technologies are used: -Push technologRead more
The Internet provides companies with the infrastructure to participate in the paradigm shift.
What is disintermediation?
Disintermediation is the process of becoming closer to your customer by eliminating the middleman. Time-When your company automates procedures, time may be the middleman that is being disintermediated. People Automation of procedures can disintermediate people currently handling the procedures. DistRead more
Disintermediation is the process of becoming closer to your customer by eliminating the middleman.
Intermediation is the process of creating a new middleman; online auction house eBay is an intermediator.
See lessHow does the internet affect the way we work?
The Internet is changing the way people work. Digitization-Employees now have the ability to store many types of information on a computer. Globalization-The Internet provides a global community: Employees and partners may be located anywhere. Mobility Employees now have access to information wherevRead more
The Internet is changing the way people work.
What is an extranet site?
An Extranet provides you with an Internet site that is accessible to a select group of people. An Extranet provides you with the ability to create applications that associates and customers can access, but that are not accessible to the general public. Extranets can use encryption and password proteRead more
An Extranet provides you with an Internet site that is accessible to a select group of people.