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References

 

19 Ways E-Commerce Makes Your Business More Competitive

Story:

In this Sterling Commerce white paper published by EcomWorld, 19 different ways that e-commerce can make your business more competitive and improve ROI are discussed.

Here are the items they identify:

  • increase revenue
  • raise market share
  • reached new markets
  • improve global partnerships
  • protect existing market share
  • keep current customers
  • improve customer service
  • cross cell to existing customer base
  • lower internal costs
  • expedite cash flow
  • eliminate intermediaries
  • reduce communications costs
  • improved supply chain management
  • improve order management
  • improved demand planning
  • maximize human resources
  • enhance current electronic commerce infrastructure
  • keep pace with the competition
  • meet demands of business partners
  • maintain a Web presence.

Analysis:

This article also has a variety of suggestions to improve your return on investment on your web site. Take a look at their spreadsheets showing how you might improve your bottom line by converting partners from paper-based processes to electronic processes.

Link:

Click here for the story (opens in new window)


 

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