It is essential that businesses focus specifically on
the impact of the internet on their own businesses
and look for the best opportunities for exploiting.
There
are key questions you need to ask before embarking
in an e-business initiative:
-
Will it lower
my cost of doing business with customers?
-
Will it make
my customers more loyal?
-
Will it
improve my relationship with my customers?
-
Will it
reduce my response time as an organisation?
-
Will it
reinvent the way the business is done in the industry?
-
Will it
create new ways of getting to market?
-
Will it
improve my relationship with my trading partners?
Successful web site design and e-business initiatives
are always measured in one of these four ways:
- Cost Reduction
- Revenue Expansion
- Time Reduction
- Relationship Enhancement
Three are three key characteristics of
the internet that can add value to your business. Each the
the common e-Business Strategies being used today is based
on one or a combination of these characteristics:
-
Improves communications
Internet technology enables easier communication
with business partners, suppliers, employees, customers
and any other parties participating in the supply chain.
This can be either via email system, through setting up
an extranet/intranet, through publishing information on
the website or can be through information sharing
between integrated business systems
-
Improves access to the information
Information is accessible 24 hours a day, 78 day a
week and from any internet connected location
-
Enables Transactions
Buy and sell product and service online
There are four focus areas for
e-Business Strategy:
-
Creating news channels
-
Re-balancing the
in-sourcing/outsourcing mix
-
improve existing business processes
-
launching new product or service
Webtech PRO
has a solid experience in architecting e-business strategy
in several industries. Our systemic and out-of-the-box
thinking, helps expand the horizons and explores new
visions and dreams. We help companies define an
innovative, focused and profitable e-business strategy
with clear measurable goals.
We invite you to
contact us
to imagine the possibilities together.
