10 Reasons Why Companies Should Start Doing Business Online

With the rapid down fall of world economy and dot-com companies in recent years many brick-and-mortar companies and new start-ups ask themselves: To Be Online or Not to Be Online?

Not long time ago, I read a comment of a well-known industry observer, where he stated that companies that are not selling through Internet by 2007 will probably become extinct. As dramatic as it might feel, although exaggerated, but there are some truths in it.

Consider this: Although diminishing due to bad economy, average growth of e-commerce is around 25 % per year. 81% of small businesses that have an online presence during last year’s holiday season reached new customers, leading to an increase in sales and profitability according to a survey conducted by Harris Interactive. Thirty percent of small businesses with a web presence and fewer than 20 employees now generate more than 25% of their revenue online claims Gartner research.

If this does not convince you to take your business online, below I pointed out 10 more reasons why you should start doing business online right now.

1. New economy

Internet has created a new economy, which by its explosive growth and sheer size already changed our perception of traditional way of doing business. Companies like Amazon and eBay have successfully created domination on areas, where just few years ago traditional brick-and-mortar companies were kings. However, in order to be successful on the net, you don’t have to be a giant like them. Many small and mid-size companies managed to build online businesses quite profitably. In fact, studies show small and mid-size companies will be the main growth force of e-commerce in coming years.

2. Internet is a perfect venue for business

In order to make a sale you need visitors to come to your shop. On the Internet, your shop could be only a click away from your prospective customers. With proper marketing your Internet storefront can have more buyers than you ever can get in a brick and mortar shop.

3. Company’s image

Whether you sell products or services online or not, in today’s world you have to have a corporate presence on the Internet. Otherwise, as you must have noticed that people simply don’t take your business seriously if you tell them that your company does not have a website. A nice corporate site definitely increases the image of a company especially if it has great product or service related content to go with.

4. Provide better customer support

Customer accusation and retention is one of the key factors of business value chain. Thanks to Internet technology, business can provide customer support more effectively. This means better customer satisfaction and increase of profitability.

5. Make information more easily available to customers.

Just a couple of years ago, companies used to require days to deliver products or services update information to their customers. Things have changed since then. Today you can add or make any changes to your company and product related content virtually in a matter of couple of hours, publish on your site and share with the whole world.

6. Cut costs

New technologies allow you to take virtually any part of your business online, that include supply chain management, billing, shipping, procurement etc. Streamlining these business processes through online systems will allow companies to cut costs significantly in almost every sphere of any business. For example: companies can reduce more than five percents of their maintenance, repair and operation costs by adopting e-business solutions. This five percent savings can turn into 50% of a company’s net profit!

7. Ability to do business 24 hours

How else you can continue making sales, while your stuffs are sleeping! The biggest advantages of online shops are that they are open 24 hours a day year round. Thanks to Internet off time, when your shop is generally closed, sales in some cases can be more than your regular business hours!

8. Low start up costs

Building a web site does not require big investments. There are many low cost tools available today, which can help you create sites from very scratch. Many business portals allow you to build web sites from templates. For less than 100$/month you can have a full-fledged corporate e-business site with all e-commerce features!

9 You physical presence could be in any location

The World Wide Web allows you to do business from any part of the world. Your physical location, except for few cases is not that important since you conduct your business online.

10. Go global

Thanks to Internet you can instantly become a global player. In fact, you don’t have to invest large sums of money to do this. There are literally hundreds of vertical and horizontal e-marketplaces available on the net. These marketplaces allow you for a nominal fee to get access to a large audience of prospective customers from all over the world. According to AMR Research more than 1,3$ trillion of good and services will flow through the B2B marketplaces. Who does not want a piece of this pie!

The right determinant of e-business success is the same like any off line business. You have to have a great idea, you have to have a business plan, there should be a value proposition for prospective clients and you should have belief in it and your ability!

Getting online is becoming cheaper and easier thanks to emergence of new technologies but marketing on the Internet is becoming more expensive.

Take your business online now, before the marketing costs become way too expensive for small companies.

Business Telephone Systems Models Are Now Better, Cheaper and Simpler

Business telephone systems nowadays are constantly evolving, giving small- to medium-sized businesses an edge over their competition. Some models combine the newest technology in digital PBX systems with innovative cloud-based function and services. You can check the internet for models which are available nationwide. You can choose phone systems that look like your regular old hand-held phones or choose a cordless business phone system. These systems are specially intended systems which link the internal telephone system of the company to a public phone network. This gives your staff and employees the flexibility and freedom to move around the work place without fearing to miss a call.

A few of the new Business telephone systems are comprised of a few new capabilities which include a “remote worker” telephone station which is completely integrated with the office telephone system, supports several geographic locations, flexibility to buy additions of single-phone-line/single-phone service which are up to 100 units, Cloud-based services like hold music which you can personalize, new voicemail email notification, online billing, call history, and more. With these systems, you can save up to 50 present on your usual monthly phone bill when weighed against traditional providers. Business telephone systems have revolutionized the way 22 million United States businesses that have 1 to 100 staffs and employees since they now can deploy and acquire a full quality, enterprise class Business telephone system. Providers have also developed a proprietary technology which let you install the whole system without the help of an IT expert, hence saving you thousands. The simplicity of these systems gives all types of small business a chance to buy a sophisticated and complete Business telephone system.

Businesses that look for these systems need the technology which can bring productivity and immediate savings to their small business. The customer wants a significant productivity and savings enhancer that an enterprise-type phone system delivers, all this without the technical integration that can last up to a month to set the technology for the system up. Some provider custom configures every Business phone system for the customers before shipping it out to them. All the customer needs to do is to hook the system up and it should be good to go. This provides a combination of simplicity and savings. A lot of business phone systems are more affordable and are now vital to use for all offices and work places around the globe. Getting connected with the customers and staff is now made easier and less costly because of these systems.

Forex Online System Trading – A Gateway to Successful Trading

Forex online system trading can be remarked as the most successful business and a dream come true for people trying to improve their fiscal conditions drastically. FOREX (Foreign Exchange Market) Trading just requires buying and selling of currencies to another user in turn to gain profits and losses. This trading can be made even more flourishing if certain rules and standards are set.

Forex online system trading is reasonably effortless and simple to start with. All you require is a computer with a broadband connection. After that, you need to buy specific software and set it up according to the goals and purposes you want it to achieve. When you are done with that, just sit at your home, get a mug of coffee, search online for forex trading and become a multi billionaire business sharing society. Start trading according to the signals you get from your software and soon you’ll be playing in money.

In this system, you’ll be having your own used, therefore make sure you keep in mind all the updates regarding the currencies to keep getting better trade offers. Make sure you set your foot in forex trading to double your money and not to lose it all.

Also, it is very important for you to choose the right software for you. Buy one which is accurate and meets all your ambitions.

Talk to successful forex traders to get to know their secrets of trading and apply them when trading by your self.

Forex online system trading has embarked a brilliant sign all over the globe. It is due to this trading that lives of people have started to improve considerably. But make no mistake in understanding this that if you do not setup the right online trading system, you’ll be facing losses you won’t be able to imagine. So trade effectively and honestly and keep making legit money!