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THE BUSINESS VALUE OF THE INTERNET - [Figure 4.6]
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bet | 14/65 | Sana | 01.04.2017 | Hajmi | 348.93 Kb. | | #2764 |
THE BUSINESS VALUE OF THE INTERNET - [Figure 4.6]
What business value do companies derive from their business applications on the Internet?
Answers:
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Substantial cost savings can arise because applications that use the Internet and Internet-based technologies (like Intranets and extranets) are typically less expensive to develop, operate, and maintain than traditional systems.
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Attracting new customers with innovative marketing and products
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Retaining present customers with improved customer service and support.
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Generating revenue through electronic commerce applications is a growing source of business value.
Most companies are building commercial sites on the World Wide Web to achieve six major business values:
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Generate new revenue from online sales.
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Reduce costs through online sales and customer support.
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Attract new customers via web marketing and advertising and online sales.
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Increase the loyalty of existing customers via improved web customer service and support.
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Develop new web-based markets and distribution channels for existing products.
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Develop new information-based products accessible on the Web.
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