Social Media Network Changed The Way People Interact With The Internet
How Internet has changed the Business
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Transcript of How Internet has changed the Business
How the Internet change the Business
Plan
Group Members
Shah Abdul Azeem
Ammara Ishfaq
Shehnam Ishfaq
Muneeb Ahmed
Saad Salman
Table of Contents
• Internet
• Communication
• Telecommuting
• Marketing
• Advertising
• Collaboration
• Research
• The Effect of the Internet on Modern Businesses & Corporations
Internet• The Internet is the global system of interconnected
computer networks that use the Internet protocol suite (TCP/IP) to link billions of devices worldwide.
Communication
• Communicate with employees
• Email and instant messaging
• Videoconferencing & Long-distance conversations
• Companies can exist in multiple locations
Effecting on business plan
Telecommuting
• Working at Home
• Satellite office
• Neighborhood work center
• Mobile teleworking
Marketing
• Product Development
• Information Exchange
• Increased information
• Interactive Business Agents
• Pricing research
Advertising• Attract customers from all over the globe
• Easy to convey Message
Collaboration
Research
The Effect of the Internet on Modern Businesses & Corporations
SWOT Analysis of E-Business
E-Business (Strengths)
• 24-7 operation• Global business from anywhere• Products reach to customer
directly from producers at lower price than market value
• Fast and effective
E-Business (Strengths)More affordable advertisingLow staff costFinancial transactions through electronic fund transfer fastCan be started with very low investment
E-Business (Weakness)
• No direct customr-seller interaction• Sometimes, transportation cost inceases
product cost• Intangible product & services
E-Business (Opportunities)• Internal users rapidly increasing• More are feeling comfortable buying through
internal exclusively• Big companies already In the field blaze the path
and bear the cost of developing a market
E-Business (Threats)Dishonest online businesses damage consumers confidence and faith in the entire enterprise of internet marketing
Companies The Internet Changed Forever
• New York Times• Bank of America• Blizzard• Wired• Charles Schwab• 1-800-Flowers
New York Times
• Online ad sales has gone from 6% in 2005 to 14% in 2009
Bank of America
• 25.4 million users in January of this year• 29 million of the bank’s customers currently
operate online
Blizzard
• Largest video game developers which produced PC titles• More than 12 million subscribers by the end of 2010
Wired
• Circulation of about 794,000
• magazine’s website receives 37 million pageviews a month
Charles Schwab• $1.57 trillion in client assets• 7.9 million brokerage accounts
1-800-Flowers• $235 million in revenue in the quarter ending
December 2010• $155 million came from online sales
counclusion• The concept of internet , necessitated by
communication technology and the effect of globalization have transformed the contemporary society as regards business operations, governments, banking institutions, individuals, educational institutions, international organizations and subsequently provided consumers with adequate information which is instrumental in determining their choice, rights and knowledge acquisition (Layton, 2007).With such technologies consumers are adequately informed and thus stand at a key position of critically determining their product choice and preferred product (McNab, 2004).