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So, you are a business that has had
thoughts about getting a website. You have researched
the type of website products that are currently on the
market, brushed up on Internet based terminology such as
"e-Commerce, Hosting, B2B" and looked into the various
pricing models that exist for building a website.
Perhaps you have even spent time doing research on the
benefits of establishing a presence on the Internet and
talked with colleagues that have websites to obtain feedback
about the benefits they have derived from establishing a
web presence. On the other hand, you may be a business
that has never considered the establishment of an online
presence to be of benefit to your business or have never
given any thought to it. Your
business may be well entrenched in the industry in which it competes,
and you have more work than you can possibly handle so why
bother to establish an online presence?
There are a whole host of reasons why
establishing an online presence is not only of benefit to
your business, but it is rapidly becoming essential that you
do so. We identify below the most important and
commonly overlooked benefits why establishing an online
presence will benefit your business. This information
will help to assist you in
assessing the need for a website. Contact us to
learn more about how your business will directly benefit
from a web presence. |
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e-Commerce
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Online sales of goods and services is growing at a torrid pace. Statistics show that
businesses which establish a web presence have a
definitive edge in the ability to substantially
grow their business at a pace much faster than those
that have not. The following statistics
demonstrate the significant amount of growth that is
occurring worldwide due to commerce performed over the
Internet:
- 2004 online retail sales rose 23.8%
to $89 billion, representing 4.6% of total retail sales.
- Including
travel, online sales also rose 23.8% to $141.4 billion.
- Online retail sales will reach $109.6 billion
this year. Online sales including travel will rise to $172.4
billion this year.
- Experts forecasted that the worldwide business-to-business
(B2B) internet commerce market would total $919 billion in 2001, $1.9
trillion in 2002 and $8.5 trillion in 2005. Reports showed that in 2000,
the value of global B2B sales transactions was over $433 billion, a 189%
increase over 1999 figures.
- 850,000 small businesses--having fewer than
100 employees--were engaged in e-commerce transactions in 1999. A U.S.
Small Business Survey projects that figure to almost quadruple to 3.2 million
by the end of 2005.
e-Commerce allows a business to market it's goods and services online to
a broad audience. There is no boundary to which a business can market
to consumers other than those which the business decides to impose.
This presents your business with a limitless amount of growth.
With so many small businesses establishing an online presence, consumers
look more towards finding their goods and services through the Internet. The
internet provides a quick and powerful means of locating information about
those products and/or services a consumer is looking for.
Click here to learn more about e-Commerce.
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Customer Service
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Provide personalized support for your customers by providing answers to
"commonly asked" questions and integrate a "Frequently
Asked Questions" (FAQ) page into your website.
This will help assist customers in answering questions
they may have about your business while preventing your business from losing
valuable time answering the same question(s) multiple
times. In addition, you can provide assistance to
customers via tools such as BLOGS (weblogs)
and online chat. These sets of tools will allow you to communicate "real
time" with your customers so that you can immediately
assist them. This method of customer service
offers a high rate of satisfaction as customers can
communicate with your business instantly when the need arises.
Establish a variety of ways in which
you can be contacted by integrating into your
website, information about how customers can get a hold
of your business. A popular way of performing this
is to include a "Contact Us" page as part of the
website. The "Contact Us" page can be used to
display different methods of contacting your business
such as the company address, a contact telephone number,
contact company email account, etc. In addition,
you can use Contact form fields to require the customer
to submit certain pieces of information that are
necessary in order for your business to respond to the
inquiry. Validating an inquiry being submitted to
your business is an effective means of filtering out
those inquiries that are not serious ones. Use of
a Contact form will also help your business become more
efficient as you can respond to inquiries when time
permits and it allows you the opportunity to "craft"
your responses as opposed to creating them "on the fly".
By implementing a website, your business can provide
high levels of customer service without answering phone
calls or hiring additional staff to handle an influx of
customer inquiries. |
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Low Cost / High ROI
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Utilizing the Internet for your business is an effective
and low cost means of marketing and growing your
business. When you compare the cost of establishing a
website and maintaining it against traditional
advertising mediums (newspaper, radio, television,
etc.), it costs significantly less. Unlike traditional advertising mediums,
the fee you pay to build and maintain a website is not based upon the amount of characters or the length of time your ad
will run. A website affords you the luxury of communicating a "complete picture" of what your business
is about for a flat fee (the cost to build the website) as opposed to flyers, brochures, mailers,
advertisements, etc. where you have to identify the key messages you are trying to convey to your target customer base. In addition, unlike traditional
advertising mediums, where the fee you pay is based upon the size of the subscriber base
(ie: so many listeners in a given area, so many viewers in a given area, so
many readers in a given area), a website provides you with the ability to market to the entire
world at no additional cost. When you couple these benefits with the number of efficiencies that can be
gained by implementing a website as part of your business, it makes for a compelling
argument. ROI (Return on Investment) should not only be measured in terms of the
number of $$ your business brings in at the end of the day as a result of advertising, it should also take into
account the amount of $$ your business saved because it was able to run more
efficiently and effectively. This is part of what a website can do for your business.
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E-Mail
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Communicate anywhere in the world with customers and employees and pay NO long distance
telephone charges. Attach other documents or communication to your e-mail that is of
importance to your target audience. For example, you can send an updated proposal to
your representative across the country - quickly and at no cost. E-Mail is also an
effective means of marketing your business. You can use "mass mailers" to reach your
target audience with a single marketing message or an informative bulletin (ie: Monthly
Newsletter).
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Open For Business 24 hours a day / 7 days a week
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This sounds bad but in reality, it is one of the largest contributors
towards the growth of your business. With e-mail,
customers can contact
you anytime it is convenient for them and the
response you send will be at a time which is convenient
for you (Of course, a "timely-response" is
recommended, just as if someone had called your place of
business).
When you have a website, potential customers can find out about your products and
services 24 hours a day. In addition, they
have an opportunity to educate themselves about your
business without having to consume a lot of time from
your business. Isn't this much better than getting a
phone call at 5:00 AM
from a customer in a time zone that's 3, 6, maybe
even 8 hours ahead of yours? Regardless of the
proximal location of the visitor to your website, your
business is "Open For Business". |
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Global Reach
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The Internet is being used daily by hundreds of millions worldwide with
more "becoming connected" every day. The greatest influx of new Internet users come from countries
around the world, outside of the US. China is a great example of this.
Many of these Internet users are seeking to purchase the "latest
and greatest" in those products and services which are offered on the
Internet. With use of the Internet, you can target and market to many of
these customers. If you chose to do so, how much do you think it
would cost you to advertise in the Times of London, the Tokyo Daily, or Moscow
Today in order to target these consumers? Compare that to the cost of building a website. The information you provide
on your website is instantly available to any Internet user that connects to
the world wide web, there are no boundaries.
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Market to consumers abroad
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Why restrict your target market to only the "English-speaking" world? Translate your
website into a number of different languages and offer a choice to
visitors when they
come to your home page to help further increase the exposure
of your business.
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Gain Efficiencies within your business
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Today your long-distance phone bill can run into the hundreds of dollars. Use of
e-mail, online chat, instant messaging and BLOG's to communicate with your customers,
suppliers, partners, etc., can save you a large portion, if not eliminate, this
current expense. Provide "Customer Portals" via your website that allow customers to
log in and gain access to documents, reports and other valuable information that would
normally have been provided via other traditional means (postal service, delivery service
such as UPS). How many of these costs can you eliminate if you simply provide your
Customers with access to this information as opposed to you having to
send this sort of information to them?
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Update or Change your products and services easily and at low cost
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If you have ever produced "paper" catalogs, brochures
or sales collateral's, you
know how difficult and expensive it can be to change them.
An example of this would be the phone company changing your area code. What a
pain with paper. With your Internet site, adding a
new item or changing an existing item is a simple
and inexpensive process.
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Advertise Specials on Products / Services
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Say you just received a new product or created a new
service and you want to advertise a "Special" on that
product or service. Communicating to customers via the
telephone, sending a letter, Fax or advertising via
advertising mediums would be time-consuming and
expensive to notify them of the new product or
service. With the Internet you can send out an single e-mail to 500 of your best customers
with the click of your mouse. In addition, you can
add advertisements to your website like static and dynamic banners that indicate
a "SPECIAL" notice on your website advertising
the new product or service.
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Provide Newsletters / Register customers
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Keep your customers - both current and potential, informed of changes within your business.
Provide visitors to the website with the ability to
register as a member of your website so they can receive
notification of new products and/or services, specials,
discounts or other important notices your business may
be offering. This does a couple of things for your
business: 1.) Allows your business to
collect a list of contact information for both current
and potential customers. 2.) Provides your
business with the ability to potentially "up-sell"
products and/or services that the registrant may not be
aware you offer. Collecting information from
visitors to your website that are interested in learning
about changes within your business is also an effective
way of determining which locales to market to using
other advertising mediums. By using the
demographic information provided by registrants, you may
be able to uncover areas you may have overlooked
marketing to when choosing a marketing and advertising
strategy.
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Contact us
to learn more about how establishing a web presence will
benefit your business.
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