Is E-Business Important Nowadays – NoruRazak

Is E-Business Important Nowadays?

IS E-BUSINESS IMPORTANT NOWADAYS?

Intro – What exactly is E-Business? According to today’s distribution the world of fashion changed, as well as the internet that also redefining many aspects of modern life, such as social media and business. E-business is the practice of doing commercial activities, transactions, and procedures over the internet (electronic business). Customer service, production control, business relationships, buying and selling goods and services, processing payments, employee services, and information transfer are all included in this definition of e-business. E-business, in general, encompasses a variety of services and operations. Modern businesses are continuously looking for new ways to reinvent themselves. These businesses can expand the availability and accessibility of their products and services thanks to the Internet platform. Doing business through the internet also helps businesses to bypass geographical constraints and access a larger market. Following the release of the first web browser in the 1990s, the term “e-business” became popular. The 1990s saw the rise of the internet, which led to the establishment of e-commerce platforms such as eBay and Amazon. These two businesses are good instances of e-commerce. E-Business (electronic business) is also any process carried out by a business organization through a computer-mediated network. Business organizations include any for-profit, governmental, or non-profit entity. Their processes include production, customer, and internal business or management processes. Electronic Business (E-Business) is the administration of running any business using the internet, extranet, web, and intranet. This includes buying and selling goods or services using commercial transactions conducted electronically along with providing customer or technical support with the help of the internet. E-business is similar to E-commerce, but it is more than the simple act of buying and selling services or goods online. It is a method of using digital information and advanced communication technologies to coordinate different business processes – from the initial phase to implementation. E-business encompasses many business processes including online order processing, CRM (Customer Relationship Management), supply chain management, and more. E-commerce is a part of e-business, so let me give you full details of what e-business is.

Body – By adopting e-business in the sphere of business, especially in the current day where technology is increasing, the firm may suffer significant losses at night, which can lead the business to fail or go bankrupt. Among the changes that occur when entrepreneurs use e-business to create a business for a new market. Entrepreneurs are the ones who can save, especially in this day and age when the cost of living is rising, and the cost is too high for everyone to bear. Small business entrepreneurs save a considerable amount of money by abandoning the traditional concept of a brick-and-mortar presence. Entrepreneurs can save money by not having to spend a certain amount of money on storefronts, utilities, and building maintenance. They can also save time by not having to manage each of these things, which is where entrepreneurs have to manage a store or office, so they don’t have enough time to rest. Particularly for entrepreneurs who have established households and are unable to spend time with their own families. Even when entrepreneurs sell things, they no longer need to travel from the manufacturer to the warehouse to be stored in the customer’s cart; instead, they can travel from the manufacturer to the customer’s virtual cart, saving on shipping costs and making the product cheaper overall.

In addition, with the use of e-commerce in business, Marketing becomes Cheaper, and More Controlled. This is because, when the business is run traditionally, the business has to rely on advertising agencies to promote the brand of the product it put out for sale and educate the public about it. It even takes a long time for the public to know. about the existence of the product. However, in today’s era of technology, everything is just cutting edge so as there are many ways to pour money back into the business, there is no need to shell out huge sums of money just to develop a business nowadays. The way it can be done is by controlling everything that involves the business, this is because E-business allows business owners to accept their power in a way that they could not do before. For example, entrepreneurs can control how their products are sold and can control their businesses, without any external barriers.

Next, by using e-business, it brings a big change to entrepreneurs where the Office can be anywhere when entrepreneurs use e-business in their business nowadays. This is because, any device connected to the internet can be used as an anonymous e-commerce tool, such as a phone, laptop, computer, iPad, notebook, and so on. The use of electronic goods nowadays makes it easier for businesses to use e-business because most jobs now use electronic goods and also use internet networks such as email to send things, Tik Tok to promote products, Facebook to post posters or flyers, Instagram to promote, and others another. Because of that, the use of e-business is said to be an office anywhere, because Tik Tok, Facebook, Instagram, WhatsApp, e-mail, and anything else can be used as an office to conduct business as long as there is an internet connection. Software that supports the efforts of e-commerce professionals is essential in all of this and opens up other avenues for creating and maintaining a variety of e-commerce products and services. As an e-business owner, you can work anywhere in the world. Without being tied to a physical location, you can create a healthy work-life balance. E-business means you can be there for your family or go to school or pursue your passion while creating a business that works for you.

In addition, the use of e-business among today’s businesspeople has an impact where Better Communication and Faster Decision Making. By using this e-business, entrepreneurs and customers can communicate more easily, because they can answer every question that customers want to pass through the system, without the need for entrepreneurs and customers to meet face-to-face just to ask. For example, a customer can press ‘chat with the seller if the customer has questions about the product they want to buy. The use of E-business allows today’s conversation to happen quickly, because everything is just at the tip of the finger nowadays, everything is done with just one click. E-commerce can also make it easier to make a choice, which often customers who shop in reality take a long time to choose a store or company, but when using this e-commerce the selection of goods becomes easier because the customer only has to click on the desired item, to add the chart and then make the payment, then everything is done, without having to find just one item to make a purchase.

The use of e-business also has an impact on entrepreneurs in terms of less limited business hours. This can be seen when customers no longer have to wait for a store to open or line up in front of the store just to buy the necessary items, especially when the store gives a discount at a certain time that has been set. For entrepreneurs who use e-business for their business, it makes it easier for customers, who no longer must waste a long time shopping, because they can shop whenever they want and arrange delivery or pickup of goods. their own. Even by making purchases through this e-business, customers can also feel the satisfaction of shopping because they are also given a discount for the purchase of their goods, and they even get free delivery services (depending on the business). If people want to start planning for an event, they don’t have to wait for venues and caterers to open, because they can go to the supplier’s website. Information is accessible at all times and at everyone’s leisure, which makes for an overall more pleasant experience for both e-businesses and customers.

The usage of e-commerce in the lives of businesses today has a significant impact on customers. As seen by the presence of e-business, entrepreneurs can use e-business to create their jobs. In this method, graduate unemployment can be decreased. Many graduates today do not get a job despite having a high degree in their studies because the job chances supplied by the government and related parties are extremely few, but many people apply for a job. With the presence of e-business in people’s lives, they can develop current jobs to support their families without relying too heavily on their parents. In reality, people can run this e-business while waiting for the government to call them to work. Even with the existence of e-business, it can create job opportunities for people who do not have the opportunity to work due to high competition in getting a desired job and position due to slim chances due to many numbers of competition. Still, the desired number is limited to only a few people. With the presence of e-business in people’s lives, they can develop current jobs to support their families without relying too heavily on their parents. In reality, people can run this e-business while waiting for the government to call them to work. Even with the existence of e-business, it can create job opportunities for people who do not have the opportunity to work due to high competition in getting a desired job and position due to slim chances due to many numbers of competition. Still, the desired number is limited to only a few people.

Last but not least, using e-business in business also provides more ways to make money for entrepreneurs. This is because most of the products and services available traditionally can be managed and sold on the internet. But the advantages of this technology make it easy to find and easy to find. E-commerce is not only a way to do business, but it can also be used as a platform to provide services, virtual retail stores, education, legal services, and medical services, which is endless if you want to do something to make more money because nowadays a job can be created if you have the knowledge and also have the desire to work on it. Even existing businesses can grow into e-businesses, or entrepreneurs can start new e-businesses faster and cheaper than ever before.

Last but not least, using e-business in business also provides more ways to make money for entrepreneurs. This is because, most of the products and services available traditionally can be managed and sold on the internet. But the advantages of this technology make it easy to find and easy to find. In fact, e-commerce is not only a way to do business, but it can also be used as a platform to provide services, virtual retail stores, education, legal services, medical services, which is endless if you want to do something to make more money, because nowadays a job can be created if you have the knowledge and also have the desire to work on it. Even existing businesses can grow into e-businesses, or entrepreneurs can start new e-businesses faster and cheaper than ever before.

Conclusion – At the end of this article, a book by See, where e-business has a lot of impact on every entrepreneur in business, especially today’s new world of business, where almost everything is done using electronic goods, where everything is just the fingertips. Through the observation that we see today, we know that e-business is important for today’s businessmen to practice, this is because, in the current e-business era, it gives many advantages to entrepreneurs to do business, regardless of business, tourism. or provide services. This is because the use of e-business simplifies all matters compared to normal business, but it does not mean that physical business is not necessary, physical business is also necessary but businesses also need to have e-business for their business, so that it can facilitate the affairs of the public, especially customers who do not have time to buy- separated due to work, they can still make purchases virtually, without having to queue and waste a lot of time at the shopping place. Overall, we can identify that e-business is also important nowadays, especially in today’s increasingly prosperous world, so as not to fall far behind countries that have used this e-business system, it is necessary for today’s entrepreneurs to also use it.

Reference

Norhanan Farhan Mat Nawi

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