Here are some ways in which Internet and Communications technologies can change your small business.
Catalog flexibility and Online fast updating
Direct %26quot;link%26quot; capabilities to content information and visual displays already existing on other client web site. You can update your E-Catalog anytime, whether it%26#039;s adding new products, or adjusting prices, without the expense and time of a traditional print catalog.
Extensive search capabilities by item, corporate name, division name, location, manufacturer, partner, price or any other specified need.
Shrinks the Competition Gap: Reduced marketing/advertising expenses, compete on equal footing with much bigger companies; easily compete on quality, price, and availability.
Expanded Market Place and Business Access Which Extend Customer Base: The Internet gives customers the opportunity to browse and shop at their convenience and at their place. They can access your services from home, office, or on the road, 24 hours a day, 7 days a week.
The Internet allows you to reach people around the world, offering your products to a global customer base.
A 24 Hour Store Reduced Sale Cycle: reduce unnecessary phone calls and mailings.
Lower Cost of Doing Business: Reduce inventory, employees, purchasing costs, order processing costs associated with faxing, phone calls, and data entry, and even eliminate physical stores. Reduce transaction costs.
Eliminate Middlemen: Sell directly to your customers.
Easier Business Administration: With right software, store inventory levels, shipping and receiving logs, and other business administration tasks can be automatically stored, categorized and updated in real-time, and accessed on demand.
Frees Your Staff: Reduce customer service and sales support. Customers will love it
Gives customers control of sales process. Builds loyalty.
More Efficient Business Relationships: etter way to deal with dealers and suppliers.
Workflow automation: Shipping, real time inventory accounting system which adjusts stock levels and site, location availability instantaneously . Secured, automated registration verification, account entry and transaction authorization features
Automated RFP and RTQ features for vendor bid development and selection.
Banking and accounting features customized for pre-approved third party direct sales, vendor, consignment or internal transfer transactions.
Secure Payment Systems: Recent advancements in payment technologies allow encrypted, secure payment online.
Keep in mind that the only limit is your imagination and creativity as to how Internet and communication technologies can be used.
