I have been writing about E- commerce and opportunity that this approach gives SMEs companies. SMEs companies could position themselves on global market, but only with quality products or service with knowledge of E-Commerce.
It is important to learn all about E Commerce and E Marketing in order to get necessary understanding of this type of business. Today can be expensive to ignore the impact of E-Business on global economy with hopes that grow of business will be accomplished in traditional way. Traditional sales and distribution must be divided from the online that must be treated with different marketing and strategic approach. It is almost sure that the fact that competition will be present and visible to the customer and more importantly the customer expects you to be available on the net.
2. Understanding behaviors of potential customers of E-Business
It is not enough to be familiar with internet technologies and E-Business models for success, but also to understand customer behaviors, habits and trends of on line customers. The starting point of understanding all about E Business is to first understand and explore the Internet and its users. Understanding of the user’s profile, their habits and behavior gives us an idea of the market and the characteristics of the customer group. The amount of information and data available on the internet is so huge and varied that it makes the individual feel overwhelmed. Truly it takes the individual user on an information highway. With the realization of this, an individual feels overawed and powerful at the same time. Internet browsing then becomes an exhilarating and liberating habit where in the customer gets used to shopping online and depending upon internet for his services.
3. Internet as communication tool
Once there is an understanding of what internet is all about we see that individuals get into the habit of logging and browsing the internet for several hours a day. They may not have any specific need but like to make friends, participate in discussions and usually hangout. Researchers have carried out specific analysis and say that amongst the millions of users on the internet, most of them happen to be men who are not married but are professionals and students. From the profile of the users it is very evident that their needs of using internet have to do with looking for information, emailing, chatting and making friends. One basic need of every human being is the need to be in touch with others and communicate with other individuals. Internet makes this happen so easily and instantly that it makes the users engage in conversations and relationships without any inhibitions and thus become a part of virtual communities.
4.Internet as a helping and time saving tool
We are using internet or someone from our families to bills, buck a flight, movie ticket, etc., or for online banking. This type of E- Business been accepted widely by everyone since the banks have managed to provide a simple but secure transaction desk that has made it very convenient for the users. People have accepted and begun online shopping for a few of the things like books, furniture, clothes etc. While shopping too, individuals look for a familiarity with the organization that is front ending on the internet. Amazon, E Bay, etc have become symbols of trust.
There are some essential facts about internet;
- One fact that stands out clearly is that people use internet mainly to search for information. Search holds the key to attracting the customer and getting him to check out what the business has got to offer.
- Second fact is that most internet users use internet not for buying but for browsing through virtual communities and checking out various information. This gives us the clue that the web pages have got to be compelling enough to get his attention.
- There is yet another fact that one might overlook, which is that the number of users on the internet are a small fragment of the entire community and this number is growing every day.
So who do all these mean to the marketing manager who is trying to map an E Marketing strategy for his business?
Studying the behavior and understanding the needs of the internet customers gives us an insight as to how to forge a relationship with customers via the internet and offer customized solutions. Internet customers today are looking for convenience of shopping and transacting easily and are also looking for the cheapest bargains as well as faster service and delivery too. These are the basic demands of every customer who will be going through your website. But then how will you stand out from amongst the competition and engage your customer into a relationship is the primary challenge in E Marketing.
In the end it all comes to the old sales rule;
Customer Satisfaction is Esential for any sales business!