4.
Internet has created a new economy, which
has its explosive growth and sheer size
already changed our perception of traditional
way of doing business.
Convergence and advances in technology are
driving strong internet industry growth.
Consumers have increasingly hectic lifestyles
with less and less time on their hands for
leisure and business pursuits.
5.
With rising numbers of consumers using
mobile devices and internet connectivity
increasingly, people are finding it more
convenient to carry out as many of their dayto-day activities as possible over the internet.
Internet businesses will continue to grow in
coming years as people opt to log in for their
banking, shopping, and even health care
needs rather than physically visit
banks, stores and pharmacies.
6.
In 2010, global B2C e-commerce generated
between $400 billion and $600 billion in
revenue, according to yStats. The market is
predicted to reach between $700 billion and
$950 billion by 2015.
There were over 2 billion internet users
worldwide in 2011, this figure is expected to
surpass 3 billion by 2015. Demand in Asia is
set to fuel the market due to increased
internet penetration.
8.
As the internet continue to grow rapidly on a
daily basis, and with the awareness of it’s
business opportunities, there are more firms
providing internet services.
Some of the competitors include:
Vision online
CWD Digital Website designers
Perfect blue etc
9.
Selling services
Selling services may be the most common
revenue model online. Other names for it
include freelancing, consulting or
independent contracting. Some services that
people commonly sell online include
graphic/web
design, copywriting, editing, software
development and marketing.
11.
A marketing strategy will help us focus. It will
identify the different ways we can talk to our
customers, and concentrate on the ones that
will create most sales.
A marketing plan explains how to put our
strategy into action. It will help in setting
marketing budgets and deadlines, but it will
also tell us how we're going to talk to our
target customers:
12.
We will use the social media extensively to
reach our target customers. It is
fast, efficient, effective with a wider reach.
13.
The business is futuristic
The projected growth rate is good
The business is timely
It will meet people and business need
