There have been a plethora of opinions regarding the effect that the Internet and Electronic Commerce (E-Commerce for short) have had on the conventional brick and mortar form of…
Why is Elemica described as an example of an industry consortia net marketplace? How does it differ from other types of net marketplaces like ChemConnect?…
Over the years, internet has developed and nowadays every business help itself by using social media and every company market its products and services through…
In this day and age, social media can be an extremely helpful tool for free advertising and building a customer base. It is tremendously important for companies, especially smaller companies that do not have the biggest budget for big time marketing. With the way society works today, social media is one of the most powerful and influential tools companies have available. Without the use of social media, companies would have a disadvantage in gaining cliental on the internet. Even if people have never heard of the company, if their “friends” on social media sites comment or “like” their page, then they can then be exposed to the company as well.…
________ refers to the ability to ensure that messages and data are only available to those authorized to view them.…
The use of social networking in the success of business is immense. Social networking is beneficial to businesses in many ways. There are many social networking websites that help businesses get their name out there. Social networking websites allow business to get people to notice who they are. Social networking even allows businesses to sell their product online and make their business worldwide. Social networking allows employers to connect with their…
One reason social networking plays a tremendous roll in society today is it’s ability to help people find jobs efficiently. Job-hunting is now faster and easier than ever. People benefit from more easily finding a wider range of job opportunities and quickly get back to work. While someone could be looking for a job or career, another person could be looking to invest in a business or in fact to start his or her own business. Social networking is a great source for those trying to expand their business while being able to get in touch with as many possible clients as they can. Another useful aspect of social networking is that business owners can operate their own business from across the world whether it is through video streaming or live chat. This is valuable because people do not have to spend time traveling or incur unnecessary travel expenses.…
Social networking can benefit businesses greatly. These sites allow businesses to advertise and market services to a large audience, and since a profile is free to set up, the advertisement is essentially free. Numerous businesses have created profiles that provide information about the business to advertise in a cost effective way. Businesses gain attention on social networks because the business profile is available to all users of the social network to see. Also businesses like to use social networks to learn what potential employees are like, and make decisions based on the information provided on the person's profile. Social networking sites allow people to communicate and remain in contact with friends as well as meet new people. These sites allow people to find others with similar interests that they can create a relationship with and get to know one another. Groups can be joined or formed to meet people with similar interests, and views. Social networking allows for creative expression by using tools such as blogging and messaging to post ideas and stories. Events can be made and friends can be invited rather than having to mail invitations. Friends can also RSVP for an event on the site. ("Positive and Negative Effects of Social Media") Staying in touch with friends is also made easier. Social media has made it easy to share photos and chat with friends who live down the street or across the globe. (Ali, Syed N.)…
Another benefit of using social media networks is that it can increase the traffic to the business website hence increase the sales potential. This is done by submitting the link of the website to the social network page of the business; this will direct the fans from social networks to the website without needing to go on search engines to look…
Social networks have emerged as one of the most significant and innovative invention of the last decade that have erupted the whole world and led the new generation in a new direction. The online social networking has enhanced the communication system and made it more flexible, easier and comfortable to use. This new technology has been serving the world in multiple ways and has created new opportunities for young people to initiate small startups, provoked multinationals and local firms to utilize this medium as a source of promotion and multiple other benefits besides enhancing communication. The way online social networking sites are being utilized is quite clear, but the objectives of every person are different. However, this new technology has transformed many things but has some adverse effects as well.…
At the present, social media has become a very important element of business especially for the marketing purpose. Additionally, using the social media tools, techniques and channels (such as Twitter, Flickr, Facebook, etc.) companies catch more visitors and massive amount of network and operational traffic. In this way, without investing extra money companies are now able to get more clients, visitors and returning customers. In addition, the social media technology is the most excellent tool for the companies to promote their business, for example if a company is selling services, products or publishing ads, then social media is the most excellent method to make their website gainful in a minimum amount of time (Deepika, 2010). This paper will discuss some of the important aspects of social media and their influence on the current business industry. This paper will also outline some of the main advantages and disadvantages of the social media.…
* The main benefit of social media is that, it allows people to communicate easily. When you use social media sites for your business, it allows you to magnify the conversation that surrounds you brand. But one thing, you must be dedicated to the conversation and you need to devote your time to respond effectively and take it easy in selling your products or services.…
The client develops, manufactures and sells a wide array of electronics products to both the business and consumer markets. Senior executives believed it was time to improve its responsiveness to customers and establish a more direct link through an expanded eCommerce effort. Hitachi Consulting rebuilt the client’s existing BtoC site in order to create a fully functional eStore. In its first holiday season, the updated eStore drove: a more than 35 percent increase in orders a greater than 100 percent increase in site visits an over 50 percent increase in revenue…
* Logical design: includes a data flow diagram that describes the flow of information at your e-commerce site, the processing functions that music be performed, and the database that will be used.…
The social networking is a platform for the businesses to avail the oppurtinity to to differentiate and grow their revenue.…