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 benefits of internet for business 
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Joined: Wed Aug 04, 2010 9:07 pm
Posts: 20
Post benefits of internet for business
Hi friends,
Small Businesses One of the benefits of the Internet for small businesses is that the Internet creates a competitive marketplace in which small businesses have the opportunity to grow as much as larger companies.
Marketing and Advertising Creating a website benefits businesses because people can market their products and services
without using traditional marketing techniques such as fliers, mailings and newspaper ads. Online marketing saves the company money that would otherwise be spent on traditional means of advertising.Larger Customer Base A key benefit of the Internet for business is the potential for customer growth. A small business without a website may be able to compete only with other local businesses. However, people conducting business on the Internet have the potential to gain customers from around the world because Internet companies are open 24 hours a day.Networking Another benefit of the Internet for business includes the availability to network with other businesspeople and organizations. Many Internet businesspeople have created organizations with others in their field in which they can talk about the challenges and rewards of Internet business. This interchange of encouragement often helps new businesses experience growth.

Thanks


Wed Aug 04, 2010 9:12 pm
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Joined: Fri Aug 13, 2010 7:41 am
Posts: 24
Post Re: benefits of internet for business
People discover various benefits of the Internet for business. Unlike grassroots companies that don't use the Internet, firms that do have the potential to grow their business, earn greater revenue and save money by opting to do a large percentage of their business online. New businesses and established companies also increase their visibility because of the accessibility of the web.

Small Businesses
One of the benefits of the Internet for small businesses is that the Internet creates a competitive marketplace in which small businesses have the opportunity to grow as much as larger companies.

Marketing and Advertising
Creating a website benefits businesses because people can market their products and services without using traditional marketing techniques such as fliers, mailings and newspaper ads. Online marketing saves the company money that would otherwise be spent on traditional means of advertising.

Larger Customer Base
A key benefit of the Internet for business is the potential for customer growth. A small business without a website may be able to compete only with other local businesses. However, people conducting business on the Internet have the potential to gain customers from around the world because Internet companies are open 24 hours a day.

Networking
Another benefit of the Internet for business includes the availability to network with other businesspeople and organizations. Many Internet businesspeople have created organizations with others in their field in which they can talk about the challenges and rewards of Internet business. This interchange of encouragement often helps new businesses experience growth.

Saves Money on Office Supplies
Businesses that use the Internet for transactions save money on paper and other office supplies. Instead of mailing or faxing multiple letters to clients and other businesses, they can correspond via email or set up paperless eFax accounts (see Resources).

Affiliate Programs
Internet businesses that participate in affiliate programs gain extra income by marketing the products and services of other companies on their websites. Many companies that regularly do business with certain companies join these programs, which help both companies gain more customers and revenue.


Fri Aug 13, 2010 12:19 pm
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