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18 Reasons Why Most Internet Businesses Fails

Posted by Idris

Success in internet business is not as easy as many people think. The following are some of the important reasons why most internet businesses fail.

In my last post I promised my readers that I’ll be posting series of articles on how to start an internet business from scratch, in other words, how to build a successful online presence (if you already run an offline business). Before getting into the series of articles, let us first understand…

Where internet business stands in the whole of ebusiness framework?

Ebusiness means “Automating the existing business process with the help of internet/web technology”

As a business owner you have to decide which function/process of the business you want to automate.

Is it Marketing/Sales or Human Resources or Finance or Production and Operations or Supply Chain or any other key business function?

Let us take the business from the following broader perspective…

B2B (Business to Business) – The buying side of a business - includes buying raw materials or services, warehousing, logistics, etc. You can automate the buying process by using extranet, which will be open to only those who are closely associated with your buying side of business. (Taking orders and transactions via the web - eCommerce)

B2E (Business to Employee) – The internal processes of the business can be automated by means of intranet (internet within the company). This could be manufacturing, production/operations, management, etc. The use of extranet will help organization to improve internal communication between employee and business.

Applications used here are…

Knowledge Management tools
Decision support systems
Enterprise Resource Planning (ERP) applications – can also be used in B2B section, etc…

B2C (Business to Customer) – The selling process of the business can be automated by using extranet and internet. This includes

E-CRM,
E-Commerce sites,
Selling management application,
Supply Chain management, etc

On the whole each automated business functions/processes are connected for effective communication and smooth transaction by using the incredible channel called Internet. It also includes e-marketing (internet marketing) and e-commerce in the whole ebusiness framework.

Any business process which utilizes the internet channel can be described as Internet business because this particular business process runs via internet channel.

Web Technologies + Your Retail Sales Transaction = eBusiness (eCommerce, Internet Retail)

In this blog I’ll be discussing much about creating an eCommerce sites – that is automating marketing and selling process of your business, (assuming that you already have an offline store) and thus now you become a Click and Mortar company. (You run business by both online and offline means)

Since the inception of web technology and various internet applications there are many innovative internet business models available which can be also be called as Internet business.

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7 Response to "Where is internet business in eBusiness framework?"

  1. saurabh Said,

    In my opinion internet business is affiliated to eBusiness framework. There are several reasons which can standby my opinion:-
    1. Business to Business.
    2. Business to customer.
    3. Business to employment.
    4. No investment.
    5. Less time, more money

     

  2. Idris Said,

    I agree with you... Internet business is associated with ebusiness.

     

  3. Anonymous Said,

    Thanks for accepting my suggestion sir , but may i know for my reference, whether ebusiness is more stronger than internet business.

     

  4. Idris Said,

    internet business is just a part of ebusiness... Ebusiness is bigger than eCommerce or internet business. Automating any part of your business functions such as marketing/sales/customer support, finance, HRM, Supply Chain, Materials management, etc by means electronic medium using web/internet technology is what ebusiness is.

    You should be clear by now. I think the article written by me is not in an understandable manner. I'll make it clear.

    FYI: Please don't give anonymous comments. Leave your name. Thanks

     

  5. Anonymous Said,

    It's a business which uses internet. i.e. it's getting done by internet.
    _________________________________
    deepak
    digitalinfosys

     

  6. Anonymous Said,

    I m satisfied from all the points of your E- Business . E-Business is the junction power to use less money with more profit . It is associate with internet criteria........ I m satisfied .
    __________________
    shaan
    digitalinfosys

     

  7. This is an awsome article. Very basic but extermely effective movements to build a great body.
    great information, thanks for sharing it.
    Hi, very interesting blog. Nice work!
    ------
    Girish
    ------
    knightsbridge business sales--knightsbridge business sales

     

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