Know the benefits of an online presence.

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Kulvinder Mahal

Mr. Chauhan

Unit 8 – Online Business

P5

 

                                   

                               Know the benefits of an online presence

 

In this assignment I have to identify and describe five principal benefits that businesses gain by having a simple online presence.

The five benefits I have chosen are:

  • Access to new markets
  • Marketing benefits
  • Compete with competition
  • Market research
  • Rapidity of response to customer interest

Access to new markets

Going online enables even the smallest business to make contact with a wider range of customers.

Remote locations

The internet is a boon to anyone who lives miles away from a main shopping centre because they can simply select the items they want and order them online. This is vastly increases the choice of goods and services available to someone who lives in the highlands and Islands of Scotland for example.

Join now!

Customers with travel difficulties

Even people who live in urban areas may not be able to get around as easily as they would wish – from mothers with young babies to the elderly. In this case, it is far more convenient to buy online – particularly when the whether is bad.

Poor transport links

In many rural areas bus services are very limited and train services may be non-existent or mainly available during the rush hour. Whilst it may be worthwhile taking a long or tedious journey on a special occasion, most people would prefer to ...

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