How to Conduct an eBusiness


Today more and more people get attachment to the online world and it forces every business to consider being an ebusiness. And online appearance is a great advantage for any business to deal its customers.

ebusiness can be defined as a business which runs on the internet or using internet and computer technologies to improve the profitability and productivity of a business. To be a simpler definition, any business which uses a computer and that is used to describe any form of electronic business is ebusiness. And the term ebusiness came from e-mail and e-commerce and was named as electronic business, which later shortened to ebusiness. And there are also several ebusiness models which have its own benefits and drawbacks.

  • ebusiness is able to reach a much wider consumer base than any traditional store could ever hope for. The execution of ebusiness is an additional, or in some cases primary, storefront. This function of ebusiness is referred to as ecommerce, and the terms are rarely used interchangeably.
  • eprocurement gives opportunity for business to cut the costs dramatically and it can be termed as an ebusiness using internet to obtain wholesale products and supplies for in-house production. eprocurement has become a better track for ebusiness which operates without electronic software to manage their purchasing and selling.
  • Ebusiness can also handle traditional business features other than buying and selling products. A very good example for this is the use of electronic chat as a form of technical and customer support. An opportunity unavailable through traditional support can be done with ebusiness which uses chat to supplement its traditional phone support and it finds a great method which saves incredible amounts of time.
  • One of the nicest examples for proving time saving of using virtual computer systems is remote access of a customer’s computer by the technical support operators and he can assist you customer in solving a problem. Without having to walk to a potential customer through personally collecting the data, a download of small software or a program, which pertinent information about the hardware and software specifications for a user’s computer may be relayed to the support operator directly.
  • Instead of producing costly and time-intensive physical copies for each employee, one can implement a central server or email list which can serve as an efficient method for distribution of necessary information. Here the use of email and private websites for dispensing internal memos and white sheets gets the advantage. And in the very recent years, all business has become an ebusiness, to some degree which is beneficial to all.

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About the Author: Marie Mayle is a contributor to the MegaHowTo team, writer, and entrepreneur based in California USA. She holds a degree in Business Administration. She loves to write about business and finance issues and how to tackle them.

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