Internet use for business -Chapter 6 Essay Example | Topics and Well Written Essays - 250 words

Internet use for business -Chapter 6 - Essay Example The basic use of internet for businesses is buying and selling of goods and services by creating E-commerce websites to sell their goods from cell phone contacts to CDs and books. Online eliminates the need of business store and in most case no holding an inventory. A business can also buy some items and services, such as bulk-buying or printed materials online by use of internet. Customers purchasing trends and interests are monitored by business owners on the internet. To find out what people think every day about a particular goods or service, owners of business can visit message boards and online networking sites. Feedback on this enables the business owners to improve on their products , for example, business owners can find out what car enthusiasts wants by visiting car forums or use internet to connect and communicate with the customers on websites. Businesses also use internet to discover new customers through advertising online. Internet enables the advertisers to reach possible customers quickly and efficiently. Pay-pr click advertisements are circulated on internet search engines and websites, to allow owners of the business to reach the potential customers using search terms allied to their business. The affordability and reach of internet advertising makes even smallest business owners in a position to compete with big businesses. When economic conditions get worse, IT must continue to perform at the same level with little money and fewer resources, all while IT remaining compliant. For the IT managers to get the visibility they need to: Internet has enhanced practices like telephone marketing and other support services like fax, direct sells among others. These are ways which facilitates relations in the industries and allow smooth movement of information among people. For example, lowering of prices to attract more customers can be advantageous for a short period of time before the