Open Technology

Open Source Technology is complete freedom of high quality web solution . it's a liberty to select from a verity of enterprise class technologies to prepare your website and achive desired goals, the liberty to enhance and protect your business avoiding any excessive technology licencing fees, and complete indepedence to change the direction of your IT Strategy whenever desired.

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Business Online India

Following are some of the advantages which drive people to transact online:

1. Lower Transaction Cost. Doing e-business on the Internet is cost effective; if the basic cost to process a transaction over-the-counter is Rs 20, then the processing cost of the same transaction over the Internet is about Re 1 only.

2. Economy. E-commerce is economical. Unlike the traditional brickand-mortar environment, in e-commerce there is no rental of store space, insurance, etc. All you need is an idea, a unique product, and a well-designed Net storefront to reach your cyber customers.

3. Higher Margins. Since the processing cost over the Web is substantially lower, e-commerce means higher margins. Along with higher margins, businesses can gain more control and flexibility and are able to save time when manual transactions are done electronically.

4. Better Customer Service. Instead of calling a company on the phone, holding for 10 minutes and then getting to a clerk who taps into customer's account, the Web merchant gives the customers direct access to their personal accounts over the Web. It saves time and money.

5. Quick Comparison. E-commerce helps consumers to compare while shopping. Automated online shopping assistants called 'hop bots' scour Net stores and find deals on everything from apple-sauce to printer ribbons.

6. Productivity Gains. E-commerce means productivity gains. For example, IBM incorporated the Web into every corner of its products marketing and practices. The company saved substantially by letting customers find answers to technical questions via its Website.

7. Teamwork. E-commerce helps people work together. E-mail is one example of how people collaborate to exchange information and work on solutions. It has transformed the way organizations interact with suppliers, vendors, business partners and customers. More interaction results in better overall results.

8. Knowledge Markets. E-commerce helps create knowledge markets. Small groups inside big firms can be funded with seed money to develop new ideas.

9. Information Sharing; Convenience and Control. Electronic marketplaces improve information sharing between merchants and customers and promote quick, just-in-time deliveries. Convenience for the consumer is a major driver for changes in various industries: consumers are online 24 hours a day, 7 days a week; experience no traffic jams, no crowds and do not have to carry heavy shopping bags. Control is another major driving factor. Instead of banks controlling the relationship with the customers, customers today can have more control of their banking needs via Internet Websites.

10. Swapping Goods and Services. Swapping is trading something one has for something he/she wants more. Offering goods or services through barter is gaining popularity through sites like Web Swap.

11. Customization. Digital products are highly customizable. They are easy to reorganize, revise or edit. With information about consumer tastes and preferences, products can be differentiated (customized) and matched to individual needs.


 

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